Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Farmers & Merchants Bancorp (FMAO) Share Price
Headlines about Farmers & Merchants Bancorp (NASDAQ:FMAO) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Farmers & Merchants Bancorp earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.9446623913055 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of equities research analysts have recently weighed in on the company. Boenning Scattergood reissued a “hold” rating on shares of Farmers & Merchants Bancorp in a research note on Thursday, October 19th. ValuEngine lowered Farmers & Merchants Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, October 21st. Finally, Zacks Investment Research lowered Farmers & Merchants Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th.
Farmers & Merchants Bancorp (FMAO) traded down $0.07 on Monday, reaching $35.86. The company’s stock had a trading volume of 4,200 shares, compared to its average volume of 21,640. The company has a market cap of $332.30, a price-to-earnings ratio of 26.56 and a beta of 0.06. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.92 and a quick ratio of 0.92. Farmers & Merchants Bancorp has a fifty-two week low of $16.40 and a fifty-two week high of $43.90.
Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. The business had revenue of $11.84 million during the quarter, compared to analyst estimates of $11.85 million. Farmers & Merchants Bancorp had a return on equity of 9.65% and a net margin of 24.46%. analysts anticipate that Farmers & Merchants Bancorp will post 1.35 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Tuesday, September 26th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date was Monday, September 25th. Farmers & Merchants Bancorp’s payout ratio is 38.52%.
In other Farmers & Merchants Bancorp news, Director Anthony Rupp sold 2,072 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $87.10, for a total transaction of $180,471.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Steven Everhart sold 1,256 shares of the company’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $39.00, for a total value of $48,984.00. The disclosure for this sale can be found here. Insiders have sold a total of 6,183 shares of company stock valued at $439,793 in the last ninety days. 5.03% of the stock is currently owned by corporate insiders.
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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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