BCB Bancorp, Inc. (NASDAQ:BCBP) has earned an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Brokers have set a 12-month consensus price target of $15.00 for the company and are anticipating that the company will post $0.31 earnings per share for the current quarter, according to Zacks. Zacks has also given BCB Bancorp an industry rank of 103 out of 257 based on the ratings given to its competitors.

Several research firms have weighed in on BCBP. Zacks Investment Research cut BCB Bancorp from a “hold” rating to a “strong sell” rating in a research report on Friday, October 26th. ValuEngine cut BCB Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 2nd.

Institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC bought a new stake in BCB Bancorp during the 3rd quarter valued at approximately $148,000. Rhumbline Advisers bought a new stake in BCB Bancorp during the 2nd quarter valued at approximately $191,000. Hartford Investment Management Co. bought a new stake in shares of BCB Bancorp in the 2nd quarter worth approximately $217,000. Wells Fargo & Company MN boosted its position in shares of BCB Bancorp by 27.9% in the 1st quarter. Wells Fargo & Company MN now owns 29,825 shares of the bank’s stock worth $467,000 after purchasing an additional 6,500 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of BCB Bancorp by 45.6% in the 2nd quarter. Acadian Asset Management LLC now owns 58,953 shares of the bank’s stock worth $884,000 after purchasing an additional 18,451 shares in the last quarter. 30.90% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ:BCBP traded down $0.09 during mid-day trading on Thursday, reaching $11.73. 15,789 shares of the company’s stock traded hands, compared to its average volume of 22,358. BCB Bancorp has a 12-month low of $11.68 and a 12-month high of $16.10. The company has a market cap of $187.25 million, a PE ratio of 12.75, a P/E/G ratio of 1.17 and a beta of 0.60. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.15 and a quick ratio of 1.16.

BCB Bancorp (NASDAQ:BCBP) last announced its quarterly earnings results on Friday, October 19th. The bank reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The business had revenue of $21.93 million for the quarter, compared to analysts’ expectations of $22.94 million. BCB Bancorp had a net margin of 12.44% and a return on equity of 9.88%. Analysts expect that BCB Bancorp will post 1.01 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 16th. Shareholders of record on Friday, November 2nd will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, November 1st. This represents a $0.56 annualized dividend and a yield of 4.77%. BCB Bancorp’s payout ratio is 60.87%.

About BCB Bancorp

BCB Bancorp, Inc operates as the holding company for BCB Community Bank, a state chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including savings and club accounts, demand and NOW accounts, interest and non-interest bearing demand accounts, money market accounts, certificates of deposit, individual retirement accounts, and term certificate accounts.

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