NASDAQ:NBN

Northeast Bank (NBN) Stock Price, News & Analysis

$52.51
+0.72 (+1.39%)
(As of 04/26/2024 08:53 PM ET)
Today's Range
$52.10
$54.41
50-Day Range
$49.42
$55.38
52-Week Range
$34.20
$59.00
Volume
18,200 shs
Average Volume
25,883 shs
Market Capitalization
N/A
P/E Ratio
7.33
Dividend Yield
0.08%
Price Target
$54.00

Northeast Bank MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.8% Upside
$54.00 Price Target
Short Interest
Healthy
0.87% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.22mentions of Northeast Bank in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

NBN stock logo

About Northeast Bank Stock (NASDAQ:NBN)

Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. Further, it provides various services, such as money market, merchant, and payroll and HR. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.

NBN Stock Price History

NBN Stock News Headlines

Northeast Bancorp (NBN) Earnings Dates & Reports
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
Office unit at Raffles Place for sale at $18.8 mil
Northeast Bank
Northeast Bank (NBN) Has a 20% Return on Equity
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 2/26 Dividend
2/09/2024
Dividend Payable
2/26/2024
Today
4/28/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:NBN
Employees
182
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$54.00
High Stock Price Target
$54.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+2.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$44.19 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$182.43 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.15
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Richard N. Wayne (Age 72)
    President, CEO & Director
    Comp: $1.82M
  • Mr. Patrick Dignan (Age 61)
    Executive VP & COO
    Comp: $1.37M
  • Ms. Julie A. Jenkins (Age 61)
    Senior VP & Chief Information Officer
    Comp: $434.52k
  • Mr. Richard Cohen
    Chief Financial Officer
  • Ms. Heidi Jacques
    Senior VP & Director of Human Resources
  • Mr. Brian Fenwick
    Managing Director of Loan Underwriting
  • Ms. Theresa Morrison
    Managing Director of Real Estate
  • Mr. Christopher P. Hickey
    Managing Director of Asset Management
  • Mr. Chris Delamater
    Senior VP & Director of Customer Experience
  • Ms. Sarah Shomphe
    Senior VP, Director of Owned Real Estate & Underwriting Manager

NBN Stock Analysis - Frequently Asked Questions

Should I buy or sell Northeast Bank stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northeast Bank in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NBN shares.
View NBN analyst ratings
or view top-rated stocks.

What is Northeast Bank's stock price target for 2024?

1 brokerages have issued 1-year target prices for Northeast Bank's shares. Their NBN share price targets range from $54.00 to $54.00. On average, they expect the company's share price to reach $54.00 in the next year. This suggests a possible upside of 2.8% from the stock's current price.
View analysts price targets for NBN
or view top-rated stocks among Wall Street analysts.

How have NBN shares performed in 2024?

Northeast Bank's stock was trading at $55.19 at the start of the year. Since then, NBN stock has decreased by 4.9% and is now trading at $52.51.
View the best growth stocks for 2024 here
.

Are investors shorting Northeast Bank?

Northeast Bank saw a decrease in short interest in April. As of April 15th, there was short interest totaling 59,600 shares, a decrease of 21.3% from the March 31st total of 75,700 shares. Based on an average daily trading volume, of 28,900 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.9% of the shares of the stock are sold short.
View Northeast Bank's Short Interest
.

When is Northeast Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our NBN earnings forecast
.

How can I listen to Northeast Bank's earnings call?

Northeast Bank will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Northeast Bank's earnings last quarter?

Northeast Bank (NASDAQ:NBN) released its quarterly earnings results on Tuesday, January, 30th. The financial services provider reported $1.85 earnings per share for the quarter, beating analysts' consensus estimates of $1.72 by $0.13. The financial services provider earned $38.47 million during the quarter, compared to the consensus estimate of $36.98 million.

How often does Northeast Bank pay dividends? What is the dividend yield for Northeast Bank?

Northeast Bank announced a quarterly dividend on Tuesday, January 30th. Stockholders of record on Monday, February 12th will be given a dividend of $0.01 per share on Monday, February 26th. This represents a $0.04 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for NBN
.

Is Northeast Bank a good dividend stock?

Northeast Bank (NASDAQ:NBN) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.08%. The dividend payout ratio is 0.56%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NBN.

What ETF holds Northeast Bank's stock?

AdvisorShares Dorsey Wright Micro-Cap ETF holds 834 shares of NBN stock, representing 0.78% of its portfolio.

What is Richard Wayne's approval rating as Northeast Bank's CEO?

2 employees have rated Northeast Bank Chief Executive Officer Richard Wayne on Glassdoor.com. Richard Wayne has an approval rating of 46% among the company's employees. This puts Richard Wayne in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Northeast Bank own?
Who are Northeast Bank's major shareholders?

Northeast Bank's stock is owned by a number of institutional and retail investors. Top institutional investors include Trevian Wealth Management LLC (0.00%), Mesirow Financial Investment Management Inc. (0.07%), Mesirow Financial Investment Management Inc. (0.00%) and Allspring Global Investments Holdings LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of Northeast Bank?

Shares of NBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NBN) was last updated on 4/29/2024 by MarketBeat.com Staff

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