Analysts Expect Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) to Announce $0.45 EPS

Shares of Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) have earned an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also assigned Farmers & Merchants Bancorp, Inc. (OH) an industry rank of 168 out of 256 based on the ratings given to related companies.

A number of brokerages have recently commented on FMAO. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Zacks Investment Research upgraded shares of DLH from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th. Finally, Boenning Scattergood reiterated a “neutral” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a research note on Monday, May 6th.

Shares of FMAO stock traded up $0.38 during mid-day trading on Wednesday, reaching $29.28. 19 shares of the company’s stock traded hands, compared to its average volume of 29,939. Farmers & Merchants Bancorp, Inc. has a 12 month low of $26.68 and a 12 month high of $48.60. The firm has a market cap of $320.99 million, a P/E ratio of 17.27 and a beta of 0.20. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23. The firm’s 50-day simple moving average is $28.84.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last announced its earnings results on Friday, April 26th. The financial services provider reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.08). Farmers & Merchants Bancorp, Inc. (OH) had a net margin of 23.20% and a return on equity of 10.16%. The business had revenue of $15.47 million for the quarter, compared to the consensus estimate of $15.90 million. On average, sell-side analysts expect that Farmers & Merchants Bancorp, Inc. will post 1.72 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Saturday, July 20th. Investors of record on Monday, June 17th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Friday, June 14th. Farmers & Merchants Bancorp, Inc. (OH)’s payout ratio is 35.71%.

A number of institutional investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA boosted its stake in Farmers & Merchants Bancorp, Inc. (OH) by 46,375.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,859 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 1,855 shares in the last quarter. Bank of America Corp DE boosted its stake in Farmers & Merchants Bancorp, Inc. (OH) by 82.7% in the 4th quarter. Bank of America Corp DE now owns 5,069 shares of the financial services provider’s stock worth $195,000 after purchasing an additional 2,295 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in Farmers & Merchants Bancorp, Inc. (OH) by 259.7% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,255 shares of the financial services provider’s stock worth $125,000 after purchasing an additional 2,350 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Farmers & Merchants Bancorp, Inc. (OH) by 11.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 23,490 shares of the financial services provider’s stock worth $904,000 after purchasing an additional 2,451 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in Farmers & Merchants Bancorp, Inc. (OH) by 47.9% in the 4th quarter. Rhumbline Advisers now owns 12,116 shares of the financial services provider’s stock worth $466,000 after purchasing an additional 3,925 shares in the last quarter. Institutional investors own 15.82% of the company’s stock.

Farmers & Merchants Bancorp, Inc. (OH) Company Profile

Farmers & Merchants Bancorp, Inc operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking accounts; savings and time deposits, including certificates of deposit; and custodial services for individual retirement accounts and health savings accounts.

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