Farmers National Banc (NASDAQ:FMNB) declared a quarterly dividend on Tuesday, May 22nd, RTT News reports. Stockholders of record on Friday, June 8th will be paid a dividend of 0.07 per share by the bank on Friday, June 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.78%.
Shares of Farmers National Banc traded down $0.13, reaching $15.75, during trading hours on Tuesday, Marketbeat reports. 18,888 shares of the company’s stock were exchanged, compared to its average volume of 33,063. The company has a market cap of $436.73 million, a PE ratio of 17.50 and a beta of 0.40. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.03. Farmers National Banc has a fifty-two week low of $12.80 and a fifty-two week high of $15.95.
Farmers National Banc (NASDAQ:FMNB) last issued its quarterly earnings results on Wednesday, April 18th. The bank reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.02. The business had revenue of $24.96 million for the quarter, compared to the consensus estimate of $25.70 million. Farmers National Banc had a return on equity of 11.27% and a net margin of 23.01%. equities analysts forecast that Farmers National Banc will post 1.14 earnings per share for the current year.
A number of equities analysts have recently issued reports on the company. BidaskClub raised Farmers National Banc from a “sell” rating to a “hold” rating in a research report on Saturday, April 21st. Raymond James raised Farmers National Banc from a “market perform” rating to an “outperform” rating in a research report on Tuesday, March 27th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.00 price target on shares of Farmers National Banc in a research report on Thursday, April 19th. Zacks Investment Research raised Farmers National Banc from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Monday, April 23rd. Finally, Sandler O’Neill reaffirmed a “hold” rating and set a $15.00 price target on shares of Farmers National Banc in a research report on Tuesday, March 27th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Farmers National Banc has an average rating of “Buy” and an average price target of $16.67.
About Farmers National Banc
Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, credit card, brokerage, and other services.
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