News stories about Bank of Marin Bancorp (NASDAQ:BMRC) have trended somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bank of Marin Bancorp earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 44.4667840901506 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- ETFs with exposure to Bank of Marin Bancorp : December 18, 2017 (finance.yahoo.com)
- Bank of Marin Bancorp (BMRC) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- Should Value Investors Pick Bank of Marin Bancorp (BMRC) Stock? (finance.yahoo.com)
- Bank of Marin Bancorp – Value Analysis (NASDAQ:BMRC) : December 12, 2017 (finance.yahoo.com)
Bank of Marin Bancorp (NASDAQ BMRC) opened at $71.15 on Tuesday. Bank of Marin Bancorp has a one year low of $59.05 and a one year high of $77.90. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.02. The firm has a market cap of $439.26, a P/E ratio of 20.97, a PEG ratio of 1.97 and a beta of 0.80.
Several equities analysts have recently weighed in on BMRC shares. Piper Jaffray Companies set a $72.00 price objective on shares of Bank of Marin Bancorp and gave the stock a “hold” rating in a research note on Tuesday, November 28th. Zacks Investment Research cut shares of Bank of Marin Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 26th. DA Davidson reiterated a “hold” rating and issued a $72.00 price objective on shares of Bank of Marin Bancorp in a research note on Tuesday, October 24th. Finally, BidaskClub upgraded shares of Bank of Marin Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $72.60.
In other Bank of Marin Bancorp news, Director Leslie E. Murphy acquired 3,676 shares of the stock in a transaction dated Wednesday, November 22nd. The shares were purchased at an average price of $68.00 per share, for a total transaction of $249,968.00. Following the purchase, the director now directly owns 3,936 shares of the company’s stock, valued at $267,648. The acquisition was disclosed in a filing with the SEC, which is available at this link. 5.17% of the stock is owned by corporate insiders.
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Bank of Marin Bancorp Company Profile
Bank of Marin Bancorp (Bancorp) is the holding company for Bank of Marin (the Bank). The Company’s business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. The Company operates through 23 offices in Marin, Sonoma, San Francisco, Napa and Alameda counties.
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