John Marshall Bancorp, Inc. (NASDAQ:JMSB – Get Free Report) shares crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $23.02 and traded as high as $23.40. John Marshall Bancorp shares last traded at $23.25, with a volume of 136,791 shares changing hands.
Wall Street Analyst Weigh In
Several research firms recently weighed in on JMSB. Wall Street Zen upgraded shares of John Marshall Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Keefe, Bruyette & Woods upped their price objective on John Marshall Bancorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, September 14th. Weiss Ratings raised John Marshall Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Zacks Research downgraded John Marshall Bancorp from a “hold” rating to a “strong sell” rating in a research report on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, John Marshall Bancorp currently has an average rating of “Moderate Buy” and a consensus price target of $25.00.
Check Out Our Latest Stock Analysis on John Marshall Bancorp
John Marshall Bancorp Stock Up 1.4%
The firm has a 50 day simple moving average of $23.02 and a two-hundred day simple moving average of $21.64. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $328.06 million, a price-to-earnings ratio of 12.37 and a beta of 0.58.
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last posted its earnings results on Wednesday, October 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.05. The company had revenue of $18.06 million during the quarter, compared to analyst estimates of $18.61 million. John Marshall Bancorp had a return on equity of 9.97% and a net margin of 21.84%. As a group, sell-side analysts expect that John Marshall Bancorp, Inc. will post 1.94 EPS for the current year.
John Marshall Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Tuesday, November 10th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, November 10th. John Marshall Bancorp’s payout ratio is currently 21.28%.
Institutional Trading of John Marshall Bancorp
A number of hedge funds and other institutional investors have recently made changes to their positions in JMSB. Legal & General Group Plc acquired a new stake in shares of John Marshall Bancorp in the 2nd quarter valued at approximately $25,000. Deutsche Bank AG acquired a new position in shares of John Marshall Bancorp during the second quarter worth $240,000. GSA Capital Partners LLP acquired a new stake in shares of John Marshall Bancorp during the 2nd quarter valued at $327,000. Blue Edge Capital LLC bought a new stake in John Marshall Bancorp during the 2nd quarter worth $338,000. Finally, Man Group plc bought a new stake in John Marshall Bancorp during the 2nd quarter worth $366,000. 39.09% of the stock is currently owned by institutional investors and hedge funds.
John Marshall Bancorp Company Profile
Featured Stories
- Five stocks we like better than John Marshall Bancorp
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for John Marshall Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Marshall Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
