Earnings results for Salisbury Bancorp (NASDAQ:SAL)
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 0.47 and remained the same over the past month at 0.47. Of the 1 analysts making quarterly forecasts, none raised and 0 lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 3.02 and decreased over the past month from 3.07 to 3.02(1.63%). Of the 1 analysts making yearly forecasts, none raised and 1 lowered their forecast.
Salisbury Bancorp last issued its quarterly earnings results on April 27th, 2020. The bank reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.84 by $0.12. The firm earned $11.03 million during the quarter, compared to analysts’ expectations of $11.20 million. Salisbury Bancorp has generated $3.93 earnings per share over the last year and currently has a price-to-earnings ratio of 9.6. Salisbury Bancorp 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 Salisbury Bancorp (NASDAQ:SAL)
1 Wall Street analysts have issued ratings and price targets for Salisbury Bancorp in the last 12 months. Their average twelve-month price target is $44.00, suggesting that the stock has a possible upside of 21.01%. The high price target for SAL is $44.00 and the low price target for SAL is $44.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”
Salisbury Bancorp has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $44.00, Salisbury Bancorp has a potential upside of 21.0% from its current price of $36.36. Salisbury Bancorp has received no research coverage in the past 90 days.
Dividend Strength: Salisbury Bancorp (NASDAQ:SAL)
Salisbury Bancorp pays a meaningful dividend of 3.21%, higher than the bottom 25% of all stocks that pay dividends. Salisbury Bancorp does not have a long track record of dividend growth. The dividend payout ratio of Salisbury Bancorp is 29.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Salisbury Bancorp will have a dividend payout ratio of 33.24% next year. This indicates that Salisbury Bancorp will be able to sustain or increase its dividend.
Insiders buying/selling: Salisbury Bancorp (NASDAQ:SAL)
In the past three months, Salisbury Bancorp insiders have not sold or bought any company stock. Only 11.15% of the stock of Salisbury Bancorp is held by insiders. Only 12.50% of the stock of Salisbury Bancorp is held by institutions.
Earnings and Valuation of Salisbury Bancorp (NASDAQ:SAL
Earnings for Salisbury Bancorp are expected to grow by 15.56% in the coming year, from $3.02 to $3.49 per share. The P/E ratio of Salisbury Bancorp is 9.62, 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 Salisbury Bancorp is 9.62, 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. Salisbury Bancorp has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
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