Media stories about Farmers & Merchants Bancorp (NASDAQ:FMAO) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Farmers & Merchants Bancorp earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.0600602772214 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Farmers & Merchants Bancorp Inc. (FMAO) Director Sells $50,625.00 in Stock (americanbankingnews.com)
- Farmers & Merchants Bancorp Inc. (FMAO) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
- Farmers & Merchants Bancorp (FMAO) Catches Eye: Stock Jumps 7.4% (finance.yahoo.com)
- Zacks Investment Research Lowers Farmers & Merchants Bancorp Inc. (FMAO) to Hold (americanbankingnews.com)
Shares of Farmers & Merchants Bancorp (FMAO) opened at 87.00 on Wednesday. Farmers & Merchants Bancorp has a 12-month low of $30.25 and a 12-month high of $87.45. The firm has a market cap of $398.20 million, a P/E ratio of 32.74 and a beta of 0.04. The company has a 50-day moving average of $62.52 and a 200 day moving average of $52.93. Shares of Farmers & Merchants Bancorp are going to split on Thursday, September 21st. The 2-1 split was announced on Friday, August 18th. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, September 20th.
Farmers & Merchants Bancorp (NASDAQ:FMAO) last announced its earnings results on Wednesday, July 19th. The financial services provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.64 by $0.06. The company had revenue of $11.64 million for the quarter, compared to analysts’ expectations of $11.49 million. Farmers & Merchants Bancorp had a return on equity of 9.60% and a net margin of 24.37%. Equities analysts predict that Farmers & Merchants Bancorp will post $2.70 EPS for the current year.
FMAO has been the subject of several research analyst reports. Zacks Investment Research raised shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a report on Tuesday, July 25th. ValuEngine raised shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
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In other news, Director K. Brad Stamm sold 625 shares of the stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $81.00, for a total transaction of $50,625.00. Following the sale, the director now owns 80,468 shares in the company, valued at $6,517,908. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven Everhart sold 1,000 shares of the stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $54.00, for a total value of $54,000.00. Following the sale, the director now owns 10,998 shares in the company, valued at approximately $593,892. The disclosure for this sale can be found here. 5.03% of the stock is currently owned by corporate insiders.
Farmers & Merchants Bancorp Company Profile
Farmers & Merchants Bancorp, Inc is a bank holding company. The Company’s primary subsidiary, The Farmers & Merchants State Bank (the Bank), is a community bank operating in Northwest Ohio and Northeast Indiana. The Company’s other subsidiary, Farmers & Merchants Risk Management (Captive), is a captive insurance company.
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