Shares of Limestone Bancorp Inc (NASDAQ:LMST) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1 year consensus target price of $16.25 for the company and are forecasting that the company will post $0.30 EPS for the current quarter, according to Zacks. Zacks has also assigned Limestone Bancorp an industry rank of 139 out of 255 based on the ratings given to related companies.

A number of equities analysts have weighed in on LMST shares. FIG Partners reissued an “outperform” rating on shares of Limestone Bancorp in a research report on Thursday, January 24th. ValuEngine raised shares of Limestone Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.

In other news, Director W Kirk Wycoff acquired 111,494 shares of the firm’s stock in a transaction on Thursday, December 20th. The stock was bought at an average cost of $13.23 per share, with a total value of $1,475,065.62. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 17.00% of the company’s stock.

A number of large investors have recently bought and sold shares of LMST. Patriot Financial Partners GP LP boosted its position in Limestone Bancorp by 74.3% in the 4th quarter. Patriot Financial Partners GP LP now owns 261,494 shares of the company’s stock valued at $3,598,000 after buying an additional 111,494 shares during the last quarter. Banc Funds Co. LLC lifted its position in shares of Limestone Bancorp by 37.7% during the fourth quarter. Banc Funds Co. LLC now owns 279,353 shares of the company’s stock worth $3,752,000 after purchasing an additional 76,418 shares during the last quarter. BlackRock Inc. bought a new position in shares of Limestone Bancorp during the second quarter worth about $184,000. Finally, Dimensional Fund Advisors LP bought a new position in shares of Limestone Bancorp during the third quarter worth about $167,000. 25.66% of the stock is owned by institutional investors.

Shares of Limestone Bancorp stock opened at $15.20 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.89 and a quick ratio of 0.90. Limestone Bancorp has a twelve month low of $11.91 and a twelve month high of $17.65. The firm has a market cap of $95.15 million, a P/E ratio of 12.36 and a beta of 0.18.

Limestone Bancorp (NASDAQ:LMST) last announced its quarterly earnings results on Wednesday, January 23rd. The company reported $0.33 earnings per share for the quarter. Limestone Bancorp had a net margin of 17.86% and a return on equity of 9.99%. The firm had revenue of $10.38 million during the quarter. As a group, sell-side analysts expect that Limestone Bancorp will post 1.31 earnings per share for the current year.

Limestone Bancorp Company Profile

Limestone Bancorp, Inc operates as the bank holding company for Limestone Bank, Inc that provides a range of commercial and personal banking products and services. The company offers deposit products, including checking, savings, and term certificate accounts, as well as money market accounts and fixed rate certificates.

Featured Article: NASDAQ Stock Market Explained

Get a free copy of the Zacks research report on Limestone Bancorp (LMST)

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

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