John Marshall Bancorp (NASDAQ:JMSB) Trading Down 0.3% – Should You Sell?

John Marshall Bancorp, Inc. (NASDAQ:JMSB) shares traded down 0.3% during mid-day trading on Friday . The stock traded as low as $20.83 and last traded at $21.06. 24,672 shares were traded during mid-day trading, a decline of 27% from the average session volume of 33,586 shares. The stock had previously closed at $21.12.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Zacks Research upgraded shares of John Marshall Bancorp to a “hold” rating in a research note on Thursday, April 16th. Raymond James Financial assumed coverage on shares of John Marshall Bancorp in a research note on Tuesday, April 14th. They issued a “strong-buy” rating and a $24.00 target price for the company. Weiss Ratings upgraded shares of John Marshall Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Finally, Keefe, Bruyette & Woods boosted their target price on shares of John Marshall Bancorp from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $24.00.

John Marshall Bancorp Trading Down 0.3%

The company’s 50-day moving average price is $20.65 and its 200-day moving average price is $20.25. The firm has a market cap of $297.16 million, a price-to-earnings ratio of 13.25 and a beta of 0.60. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.30.

John Marshall Bancorp (NASDAQ:JMSB) last announced its earnings results on Wednesday, April 29th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.03. John Marshall Bancorp had a net margin of 19.27% and a return on equity of 8.60%. The business had revenue of $16.79 million for the quarter, compared to analyst estimates of $16.48 million. Equities analysts expect that John Marshall Bancorp, Inc. will post 1.85 EPS for the current fiscal year.

John Marshall Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Wednesday, May 13th will be given a $0.09 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $0.36 annualized dividend and a dividend yield of 1.7%. John Marshall Bancorp’s dividend payout ratio (DPR) is 22.64%.

Institutional Trading of John Marshall Bancorp

Institutional investors have recently modified their holdings of the stock. Strs Ohio acquired a new stake in John Marshall Bancorp during the 1st quarter worth $26,000. Hingham Institution for Savings acquired a new stake in John Marshall Bancorp during the 4th quarter worth $100,000. Raymond James Financial Inc. acquired a new stake in John Marshall Bancorp during the 2nd quarter worth $104,000. Osaic Holdings Inc. acquired a new stake in John Marshall Bancorp during the 2nd quarter worth $193,000. Finally, JPMorgan Chase & Co. boosted its stake in John Marshall Bancorp by 21.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,548 shares of the company’s stock worth $229,000 after purchasing an additional 2,063 shares during the last quarter. Institutional investors and hedge funds own 39.09% of the company’s stock.

About John Marshall Bancorp

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.

 

The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

Featured Stories

• Five stocks we like better than John Marshall Bancorp
• Palantir and Dell Build an AI OS for the Paranoid
• Workday Validates AI Flywheel: Stock Price Recovery Begins
• HubSpot at 2019 Levels Is an Opportunity—Not a Warning
• Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?