Analysts Anticipate Farmers & Merchants Bancorp, Inc. (OH) (FMAO) to Post $0.46 Earnings Per Share

Shares of Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Zacks has also assigned Farmers & Merchants Bancorp, Inc. (OH) an industry rank of 200 out of 255 based on the ratings given to related companies.

Several research firms have recently commented on FMAO. Zacks Investment Research downgraded Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “sell” rating in a report on Tuesday, April 9th. ValuEngine downgraded Farmers & Merchants Bancorp, Inc. (OH) from a “sell” rating to a “strong sell” rating in a report on Thursday, March 14th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a report on Wednesday, February 20th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FMAO. Metropolitan Life Insurance Co. NY boosted its holdings in shares of Farmers & Merchants Bancorp, Inc. (OH) by 259.7% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,255 shares of the financial services provider’s stock valued at $125,000 after buying an additional 2,350 shares during the last quarter. Bank of America Corp DE raised its stake in Farmers & Merchants Bancorp, Inc. (OH) by 82.7% in the 4th quarter. Bank of America Corp DE now owns 5,069 shares of the financial services provider’s stock valued at $195,000 after acquiring an additional 2,295 shares during the period. Jane Street Group LLC bought a new stake in Farmers & Merchants Bancorp, Inc. (OH) in the 4th quarter valued at $201,000. Renaissance Technologies LLC bought a new stake in Farmers & Merchants Bancorp, Inc. (OH) in the 3rd quarter valued at $247,000. Finally, MetLife Investment Advisors LLC raised its stake in Farmers & Merchants Bancorp, Inc. (OH) by 58.7% in the 3rd quarter. MetLife Investment Advisors LLC now owns 6,356 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 2,350 shares during the period. 15.53% of the stock is owned by institutional investors.

NASDAQ:FMAO traded up $0.15 during trading hours on Wednesday, reaching $30.65. 10,400 shares of the stock were exchanged, compared to its average volume of 14,664. Farmers & Merchants Bancorp, Inc. has a twelve month low of $26.68 and a twelve month high of $49.99. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.22. The company has a market cap of $338.65 million, a P/E ratio of 18.48 and a beta of 0.13.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last released its quarterly earnings data on Wednesday, February 13th. The financial services provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). The company had revenue of $12.95 million during the quarter, compared to analyst estimates of $12.96 million. Farmers & Merchants Bancorp, Inc. (OH) had a net margin of 26.09% and a return on equity of 11.31%. As a group, analysts anticipate that Farmers & Merchants Bancorp, Inc. will post 1.92 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, April 20th. Stockholders of record on Tuesday, March 26th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Monday, March 25th. Farmers & Merchants Bancorp, Inc. (OH)’s payout ratio is presently 35.71%.

Farmers & Merchants Bancorp, Inc. (OH) Company Profile

Farmers & Merchants Bancorp, Inc operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking accounts; savings and time deposits, including certificates of deposit; and custodial services for individual retirement accounts and health savings accounts.

Recommended Story: What are the benefits of a balanced fund?

Get a free copy of the Zacks research report on Farmers & Merchants Bancorp, Inc. (OH) (FMAO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Farmers & Merchants Bancorp Inc. (OH) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers & Merchants Bancorp Inc. (OH) and related companies with MarketBeat.com's FREE daily email newsletter.