Media stories about Howard Bancorp (NASDAQ:HBMD) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Howard Bancorp earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.655638478091 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Howard Bancorp (NASDAQ:HBMD) traded down $0.10 during trading hours on Friday, hitting $20.00. The stock had a trading volume of 16,709 shares, compared to its average volume of 23,891. Howard Bancorp has a twelve month low of $14.10 and a twelve month high of $22.30. The stock has a market cap of $196.30, a P/E ratio of 28.99 and a beta of -0.10. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 0.95.

Howard Bancorp (NASDAQ:HBMD) last announced its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.06). The company had revenue of $14.86 million during the quarter, compared to analysts’ expectations of $15.20 million. Howard Bancorp had a net margin of 10.57% and a return on equity of 5.33%. sell-side analysts forecast that Howard Bancorp will post 0.8 EPS for the current fiscal year.

A number of research analysts have recently issued reports on HBMD shares. Zacks Investment Research upgraded Howard Bancorp from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a report on Tuesday, August 22nd. TheStreet downgraded Howard Bancorp from a “b” rating to a “c+” rating in a report on Monday, August 21st. Raymond James Financial, Inc. reiterated an “outperform” rating on shares of Howard Bancorp in a report on Thursday, August 10th. UBS AG downgraded Howard Bancorp from a “strong-buy” rating to an “outperform” rating in a report on Thursday, August 10th. Finally, Stephens upgraded Howard Bancorp from an “equal weight” rating to an “overweight” rating and set a $21.00 price target on the stock in a report on Friday, August 18th. One research analyst has rated the stock with a sell rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $21.33.

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In other news, EVP Steven Poynot sold 1,334 shares of the firm’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $20.46, for a total value of $27,293.64. Following the completion of the sale, the executive vice president now owns 167 shares of the company’s stock, valued at approximately $3,416.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.59% of the stock is owned by company insiders.

Howard Bancorp Company Profile

Howard Bancorp, Inc is the bank holding company of Howard Bank. The Company’s primary business is to own all of the capital stock of Howard Bank. The Company operates through Community Banking segment. Howard Bank is a trust company, which has approximately four operating subsidiaries. The Company offers a range of services to its customers, including wire transfer services, automated teller machine (ATM) and check cards, ATMs at all of its service branch locations, safe deposit boxes at all service locations and credit cards through a third-party processor.

Insider Buying and Selling by Quarter for Howard Bancorp (NASDAQ:HBMD)

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