Farmers National Banc Corp (NASDAQ:FMNB) has been given a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating.
Zacks has also assigned Farmers National Banc an industry rank of 7 out of 265 based on the ratings given to related companies.
Several research firms recently weighed in on FMNB. Zacks Investment Research downgraded Farmers National Banc from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. ValuEngine downgraded Farmers National Banc from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $17.00 price objective on shares of Farmers National Banc in a report on Friday, December 22nd. Finally, BidaskClub downgraded Farmers National Banc from a “hold” rating to a “sell” rating in a report on Thursday, December 7th.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Farmers National Banc by 2.8% in the second quarter. Vanguard Group Inc. now owns 945,068 shares of the bank’s stock valued at $13,704,000 after purchasing an additional 25,377 shares during the last quarter. State Street Corp grew its stake in Farmers National Banc by 10.8% in the second quarter. State Street Corp now owns 457,716 shares of the bank’s stock valued at $6,638,000 after purchasing an additional 44,733 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Farmers National Banc by 22.6% in the third quarter. Dimensional Fund Advisors LP now owns 409,613 shares of the bank’s stock valued at $6,165,000 after purchasing an additional 75,463 shares during the last quarter. Northern Trust Corp grew its stake in Farmers National Banc by 9.1% in the second quarter. Northern Trust Corp now owns 276,716 shares of the bank’s stock valued at $4,013,000 after purchasing an additional 23,073 shares during the last quarter. Finally, Farmers Trust Co. grew its stake in Farmers National Banc by 3.8% in the fourth quarter. Farmers Trust Co. now owns 249,308 shares of the bank’s stock valued at $3,678,000 after purchasing an additional 9,049 shares during the last quarter. Institutional investors own 34.40% of the company’s stock.
Farmers National Banc (NASDAQ FMNB) traded down $0.10 during mid-day trading on Wednesday, hitting $14.85. The company had a trading volume of 56,362 shares, compared to its average volume of 23,546. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $411.78, a P/E ratio of 17.89 and a beta of 0.35. Farmers National Banc has a 12-month low of $12.55 and a 12-month high of $15.95.
Farmers National Banc (NASDAQ:FMNB) last released its quarterly earnings data on Wednesday, January 31st. The bank reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $25.12 million during the quarter, compared to the consensus estimate of $25.90 million. Farmers National Banc had a return on equity of 10.89% and a net margin of 21.72%. analysts predict that Farmers National Banc will post 1.12 EPS for the current year.
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Farmers National Banc Company Profile
Farmers National Banc Corp. is a one-bank holding company. The Company’s principal business consists of owning and supervising its subsidiaries. The Company operates through tree segments: the Bank, Trust and Retirement Consulting. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank or Farmers Bank), Farmers Trust Company (Trust or Farmers Trust), National Associates, Inc (NAI) and Farmers National Captive, Inc (Captive).
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