Earnings results for Farmers National Banc (NASDAQ:FMNB)
Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.22 and increased over the past month from 0.2 to 0.22(10.00%). Of the 3 analysts making quarterly forecasts, 2raised and 2 lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1.06 and decreased over the past month from 1.07 to 1.06(0.93%). Of the 1 analysts making yearly forecasts, none raised and 1 lowered their forecast.
Farmers National Banc last released its quarterly earnings results on April 29th, 2020. The bank reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.11. The firm had revenue of $30.02 million for the quarter, compared to analyst estimates of $30.30 million. Farmers National Banc has generated $1.29 earnings per share over the last year and currently has a price-to-earnings ratio of 8.3. Farmers National Banc has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, July 31st, 2020 based off prior year’s report dates.
Analyst Opinion on Farmers National Banc (NASDAQ:FMNB)
2 Wall Street analysts have issued ratings and price targets for Farmers National Banc in the last 12 months. Their average twelve-month price target is $14.25, suggesting that the stock has a possible upside of 32.43%. The high price target for FMNB is $15.50 and the low price target for FMNB is $13.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Farmers National Banc has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $14.25, Farmers National Banc has a potential upside of 32.4% from its current price of $10.76. Farmers National Banc has only been the subject of 1 research reports in the past 90 days.
Dividend Strength: Farmers National Banc (NASDAQ:FMNB)
Farmers National Banc is a leading dividend payer. It pays a dividend yield of 4.21%, putting its dividend yield in the top 25% of dividend-paying stocks. Farmers National Banc has only been increasing its dividend for 3 years. The dividend payout ratio of Farmers National Banc is 34.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Farmers National Banc will have a dividend payout ratio of 46.81% next year. This indicates that Farmers National Banc will be able to sustain or increase its dividend.
Insiders buying/selling: Farmers National Banc (NASDAQ:FMNB)
In the past three months, Farmers National Banc insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $16,439.00 in company stock and sold $0.00 in company stock. Only 8.71% of the stock of Farmers National Banc is held by insiders. 41.05% of the stock of Farmers National Banc is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Farmers National Banc (NASDAQ:FMNB
Earnings for Farmers National Banc are expected to decrease by -11.32% in the coming year, from $1.06 to $0.94 per share. The P/E ratio of Farmers National Banc is 8.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.93. The P/E ratio of Farmers National Banc is 8.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.93. Farmers National Banc has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
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