Farmers National Banc Corp. (NASDAQ:FMNB) is scheduled to be releasing its earnings data on Wednesday, October 18th. Analysts expect Farmers National Banc Corp. to post earnings of $0.23 per share for the quarter.
Farmers National Banc Corp. (NASDAQ:FMNB) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Farmers National Banc Corp. had a net margin of 22.19% and a return on equity of 10.25%. The business had revenue of $24.43 million during the quarter, compared to analyst estimates of $24.80 million. On average, analysts expect Farmers National Banc Corp. to post $0.89 EPS for the current fiscal year and $1.05 EPS for the next fiscal year.
Farmers National Banc Corp. (NASDAQ:FMNB) opened at 15.55 on Wednesday. The stock has a 50 day moving average of $14.16 and a 200-day moving average of $14.08. The firm has a market cap of $421.06 million, a PE ratio of 19.10 and a beta of 0.46. Farmers National Banc Corp. has a 52 week low of $9.98 and a 52 week high of $15.85.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 8th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend was Thursday, September 7th. This is a boost from Farmers National Banc Corp.’s previous quarterly dividend of $0.05. Farmers National Banc Corp.’s payout ratio is presently 29.27%.
Several research firms recently weighed in on FMNB. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $16.00 price objective on shares of Farmers National Banc Corp. in a research report on Tuesday, October 3rd. BidaskClub cut shares of Farmers National Banc Corp. from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th.
In other news, insider Mark J. Wenick acquired 2,200 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was acquired at an average price of $14.10 per share, with a total value of $31,020.00. Following the completion of the transaction, the insider now directly owns 8,690 shares of the company’s stock, valued at approximately $122,529. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased 4,780 shares of company stock valued at $66,698 in the last ninety days. 7.80% of the stock is currently owned by company insiders.
Farmers National Banc Corp. 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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