Brokerages forecast that Bank Of Princeton (NASDAQ:BPRN) will post earnings per share (EPS) of $0.51 for the current quarter, Zacks reports. Two analysts have made estimates for Bank Of Princeton’s earnings, with the lowest EPS estimate coming in at $0.50 and the highest estimate coming in at $0.52. The company is scheduled to announce its next earnings report on Thursday, April 26th.
On average, analysts expect that Bank Of Princeton will report full year earnings of $2.33 per share for the current financial year, with EPS estimates ranging from $2.30 to $2.36. For the next fiscal year, analysts forecast that the company will post earnings of $2.74 per share, with EPS estimates ranging from $2.70 to $2.78. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Bank Of Princeton.
A number of equities analysts recently issued reports on BPRN shares. FBR & Co reissued a “buy” rating on shares of Bank Of Princeton in a report on Thursday, October 26th. Zacks Investment Research raised Bank Of Princeton from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a report on Wednesday, January 17th. B. Riley reissued a “buy” rating and issued a $37.00 price objective on shares of Bank Of Princeton in a report on Tuesday, December 26th. Boenning Scattergood reissued a “buy” rating and issued a $37.00 price objective on shares of Bank Of Princeton in a report on Friday, January 26th. Finally, ValuEngine lowered Bank Of Princeton from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $36.60.
Shares of Bank Of Princeton (NASDAQ:BPRN) traded down $0.04 during mid-day trading on Thursday, reaching $32.40. The company had a trading volume of 15,000 shares, compared to its average volume of 12,619. Bank Of Princeton has a 1-year low of $29.43 and a 1-year high of $39.00.
A number of hedge funds and other institutional investors have recently modified their holdings of BPRN. EJF Capital LLC bought a new position in Bank Of Princeton during the 3rd quarter valued at $14,555,000. Banc Funds Co. LLC boosted its stake in Bank Of Princeton by 49.2% during the 4th quarter. Banc Funds Co. LLC now owns 298,326 shares of the company’s stock valued at $10,245,000 after purchasing an additional 98,326 shares in the last quarter. JBF Capital Inc. bought a new position in Bank Of Princeton during the 4th quarter valued at $1,888,000. Kennedy Capital Management Inc. bought a new position in Bank Of Princeton during the 4th quarter valued at $1,464,000. Finally, Context BH Capital Management LP bought a new position in Bank Of Princeton during the 3rd quarter valued at $718,000. 24.60% of the stock is owned by hedge funds and other institutional investors.
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Bank Of Princeton Company Profile
The Bank of Princeton provides various banking products and services in the United States. The company offers checking accounts, savings accounts, attorney trust accounts, money market accounts, and certificates of deposit; and commercial real estate, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.
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