NASDAQ:FMAO

Farmers & Merchants Bancorp (FMAO) Stock Price, News & Analysis

$21.08
+0.08 (+0.38%)
(As of 04/22/2024 ET)
Today's Range
$20.43
$22.28
50-Day Range
$19.38
$22.50
52-Week Range
$16.90
$27.78
Volume
29,886 shs
Average Volume
19,401 shs
Market Capitalization
$287.95 million
P/E Ratio
12.62
Dividend Yield
4.17%
Price Target
$23.17

Farmers & Merchants Bancorp MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
9.9% Upside
$23.17 Price Target
Short Interest
Healthy
1.27% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.06mentions of Farmers & Merchants Bancorp in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$79,175 Bought Last Quarter
Proj. Earnings Growth
16.67%
From $1.50 to $1.75 Per Share

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.

3.23 out of 5 stars

Finance Sector

319th out of 842 stocks

Federal Savings Institutions Industry

12th out of 29 stocks

FMAO stock logo

About Farmers & Merchants Bancorp Stock (NASDAQ:FMAO)

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio and Northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, bill-pay, on-line statement opportunities, and remote deposit capture or electronic deposit processing. Additionally, the company offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.

FMAO Stock Price History

FMAO Stock News Headlines

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FMAO Dividend Yield Grade
Farmers & Merchants Bancorp Inc (FMAO)
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 4/20 Dividend
3/27/2024
Dividend Payable
4/20/2024
Today
4/22/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Federal savings institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:FMAO
Fax
N/A
Employees
456
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.17
High Stock Price Target
$24.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+9.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$22.79 million
Pretax Margin
18.19%

Debt

Sales & Book Value

Annual Sales
$155.85 million
Cash Flow
$1.97 per share
Book Value
$23.16 per share

Miscellaneous

Free Float
12,586,000
Market Cap
$287.95 million
Optionable
Optionable
Beta
0.61
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Key Executives

  • Mr. Lars B. Eller (Age 57)
    President, CEO & Director
    Comp: $562.55k
  • Ms. Barbara J. Britenriker (Age 62)
    Executive VP & CFO
    Comp: $307.52k
  • Ms. Katrina L. DeGroff
    Senior VP & Chief Accounting Officer
  • Ms. Shalini Singhal (Age 48)
    Senior VP & Chief Information Officer
  • Mr. Tim Carsey
    Senior VP & Chief Administrative Officer
  • Ms. Marilyn K. Johnson
    VP and Compliance & CRA Manager
  • Deborah L. Shinabery
    VP of Sales & Retail Skills Development Manager
  • Ms. Amy L. Cover
    Senior VP & Chief Marketing Officer
  • Ms. Alexis E. Smith
    Senior VP & Chief People Officer
  • Mr. Phillip P. Lucas
    Senior VP & Regional President

FMAO Stock Analysis - Frequently Asked Questions

Should I buy or sell Farmers & Merchants Bancorp stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Farmers & Merchants Bancorp in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" FMAO shares.
View FMAO analyst ratings
or view top-rated stocks.

What is Farmers & Merchants Bancorp's stock price target for 2024?

3 brokerages have issued 1 year price targets for Farmers & Merchants Bancorp's stock. Their FMAO share price targets range from $22.00 to $24.00. On average, they expect the company's share price to reach $23.17 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price.
View analysts price targets for FMAO
or view top-rated stocks among Wall Street analysts.

How have FMAO shares performed in 2024?

Farmers & Merchants Bancorp's stock was trading at $24.80 at the beginning of the year. Since then, FMAO stock has decreased by 15.0% and is now trading at $21.08.
View the best growth stocks for 2024 here
.

Are investors shorting Farmers & Merchants Bancorp?

Farmers & Merchants Bancorp saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 174,100 shares, a decline of 5.7% from the March 15th total of 184,700 shares. Based on an average daily trading volume, of 19,600 shares, the days-to-cover ratio is currently 8.9 days.
View Farmers & Merchants Bancorp's Short Interest
.

When is Farmers & Merchants Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our FMAO earnings forecast
.

How were Farmers & Merchants Bancorp's earnings last quarter?

Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) announced its quarterly earnings data on Tuesday, February, 13th. The financial services provider reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.09. The financial services provider earned $23.86 million during the quarter, compared to analysts' expectations of $22.90 million. Farmers & Merchants Bancorp had a trailing twelve-month return on equity of 7.46% and a net margin of 14.62%.

How often does Farmers & Merchants Bancorp pay dividends? What is the dividend yield for Farmers & Merchants Bancorp?

Farmers & Merchants Bancorp announced a quarterly dividend on Tuesday, March 19th. Investors of record on Friday, March 29th will be paid a dividend of $0.22 per share on Saturday, April 20th. This represents a $0.88 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for FMAO
.

Is Farmers & Merchants Bancorp a good dividend stock?

Farmers & Merchants Bancorp (NASDAQ:FMAO) pays an annual dividend of $0.88 per share and currently has a dividend yield of 4.19%. FMAO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 52.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMAO will have a dividend payout ratio of 50.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMAO.

When did Farmers & Merchants Bancorp's stock split?

Farmers & Merchants Bancorp's stock split on the morning of Thursday, September 21st 2017. The 2-1 split was announced on Friday, August 18th 2017. The newly issued shares were payable to shareholders after the market closes on Wednesday, September 20th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What other stocks do shareholders of Farmers & Merchants Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Farmers & Merchants Bancorp investors own include Marathon Petroleum (MPC), McDonald's (MCD), Columbia Banking System (COLB), Invesco (IVZ), International Business Machines (IBM), ONEOK (OKE), Verizon Communications (VZ), Andersons (ANDE), American Express (AXP) and Bristol-Myers Squibb (BMY).

Who are Farmers & Merchants Bancorp's major shareholders?

Farmers & Merchants Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include FARMERS & MERCHANTS TRUST Co OF LONG BEACH (0.06%). Insiders that own company stock include Andrew J Briggs, Andrew J Briggs, David P Vernon, Eugene N Burkholder, Ian D Boyce, Jo Ellen Hornish and Steven J Planson.
View institutional ownership trends
.

How do I buy shares of Farmers & Merchants Bancorp?

Shares of FMAO 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:FMAO) was last updated on 4/23/2024 by MarketBeat.com Staff

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