Howard Bancorp (HBMD) to Release Earnings on Wednesday

Howard Bancorp (NASDAQ:HBMD) is scheduled to release its earnings data before the market opens on Wednesday, April 18th. Analysts expect Howard Bancorp to post earnings of $0.18 per share for the quarter.

Howard Bancorp (NASDAQ:HBMD) last released its quarterly earnings data on Monday, January 22nd. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.01). Howard Bancorp had a net margin of 11.51% and a return on equity of 5.72%. The business had revenue of $14.53 million for the quarter, compared to the consensus estimate of $15.35 million. On average, analysts expect Howard Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

NASDAQ HBMD opened at $18.85 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.01. Howard Bancorp has a 52-week low of $16.70 and a 52-week high of $24.20. The company has a market cap of $187.57, a PE ratio of 23.86 and a beta of -0.05.

Several equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Howard Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, February 14th. Merion Capital Group upgraded shares of Howard Bancorp from a “neutral” rating to an “outperform” rating and set a $23.00 target price for the company in a research note on Friday, February 9th. They noted that the move was a valuation call. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $23.00.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System acquired a new stake in Howard Bancorp in the second quarter valued at approximately $300,000. State Street Corp acquired a new stake in Howard Bancorp in the second quarter valued at approximately $1,735,000. Finally, Vanguard Group Inc. boosted its stake in Howard Bancorp by 124.2% in the second quarter. Vanguard Group Inc. now owns 101,078 shares of the financial services provider’s stock valued at $1,946,000 after acquiring an additional 56,004 shares in the last quarter. Institutional investors own 64.85% of the company’s stock.

TRADEMARK VIOLATION WARNING: This article was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The legal version of this article can be viewed at

Howard Bancorp Company Profile

Howard Bancorp, Inc operates as the bank holding company for Howard Bank that commercial banking, mortgage banking, and consumer finance products and services to businesses, business owners, professionals, and other consumers. The company offers various consumer and business deposit products, including demand deposits, money market accounts, savings accounts, individual retirement accounts, and commercial and retail checking accounts, as well as certificates of deposit.

Earnings History for Howard Bancorp (NASDAQ:HBMD)

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

Leave a Reply