S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.10 (-2.34%)
AAPL   170.09 (-1.72%)
MSFT   303.15 (-2.27%)
FB   319.30 (-3.80%)
GOOGL   2,723.41 (-2.37%)
AMZN   3,180.00 (-1.94%)
TSLA   1,030.47 (-1.82%)
NVDA   259.20 (-3.79%)
BABA   128.45 (-2.37%)
NIO   29.71 (-4.01%)
AMD   131.96 (-3.59%)
CGC   7.76 (-7.62%)
MU   92.87 (-4.61%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   151.74 (-0.13%)
AMC   18.78 (-8.70%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   224.90 (-0.47%)
S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.10 (-2.34%)
AAPL   170.09 (-1.72%)
MSFT   303.15 (-2.27%)
FB   319.30 (-3.80%)
GOOGL   2,723.41 (-2.37%)
AMZN   3,180.00 (-1.94%)
TSLA   1,030.47 (-1.82%)
NVDA   259.20 (-3.79%)
BABA   128.45 (-2.37%)
NIO   29.71 (-4.01%)
AMD   131.96 (-3.59%)
CGC   7.76 (-7.62%)
MU   92.87 (-4.61%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   151.74 (-0.13%)
AMC   18.78 (-8.70%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   224.90 (-0.47%)
S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.10 (-2.34%)
AAPL   170.09 (-1.72%)
MSFT   303.15 (-2.27%)
FB   319.30 (-3.80%)
GOOGL   2,723.41 (-2.37%)
AMZN   3,180.00 (-1.94%)
TSLA   1,030.47 (-1.82%)
NVDA   259.20 (-3.79%)
BABA   128.45 (-2.37%)
NIO   29.71 (-4.01%)
AMD   131.96 (-3.59%)
CGC   7.76 (-7.62%)
MU   92.87 (-4.61%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   151.74 (-0.13%)
AMC   18.78 (-8.70%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   224.90 (-0.47%)
S&P 500   4,577.11 (-1.84%)
DOW   35,368.47 (-1.51%)
QQQ   371.10 (-2.34%)
AAPL   170.09 (-1.72%)
MSFT   303.15 (-2.27%)
FB   319.30 (-3.80%)
GOOGL   2,723.41 (-2.37%)
AMZN   3,180.00 (-1.94%)
TSLA   1,030.47 (-1.82%)
NVDA   259.20 (-3.79%)
BABA   128.45 (-2.37%)
NIO   29.71 (-4.01%)
AMD   131.96 (-3.59%)
CGC   7.76 (-7.62%)
MU   92.87 (-4.61%)
GE   102.90 (-0.25%)
T   27.29 (+0.40%)
F   24.40 (-3.14%)
DIS   151.74 (-0.13%)
AMC   18.78 (-8.70%)
PFE   54.10 (-1.55%)
ACB   5.11 (-7.26%)
BA   224.90 (-0.47%)

FVCBankcorp (NASDAQ:FVCB) Downgraded by Zacks Investment Research to Hold

Wednesday, January 5, 2022 | MarketBeat

FVCBankcorp (NASDAQ:FVCB) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a research report issued on Wednesday, Zacks.com reports.

According to Zacks, "FVCBankcorp, Inc. offers personal and business banking products and services. It provide checking and savings accounts, money market accounts, certificates of deposit, individual retirement accounts, health savings accounts, business lines of credit, business automated overdraft lines of credit, business loans, business construction loans, business loans for emerging residential builders and business loans for professionals; commercial real estate lending, including office, retail, industrial, warehouse/flex space, non-profit, mini-storage facilities, multi-family, commercial construction, residential/multi-family construction, land acquisitions and bridge loans; home equity loans and lines of credit; automobile and personal loans, as well as overdraft lines of credit on personal checking accounts as well as credit cards and online banking services. FVCBankcorp, Inc. is headquartered in Fairfax, Virginia. "

Separately, Raymond James boosted their target price on shares of FVCBankcorp from $21.00 to $23.00 and gave the company an "outperform" rating in a report on Friday, November 12th.

Shares of NASDAQ FVCB opened at $19.80 on Wednesday. The company has a market cap of $270.90 million, a PE ratio of 13.94 and a beta of 0.37. FVCBankcorp has a 12 month low of $13.65 and a 12 month high of $21.49. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.93 and a quick ratio of 0.93. The company has a 50-day simple moving average of $20.26 and a 200-day simple moving average of $19.61.

FVCBankcorp (NASDAQ:FVCB) last released its earnings results on Thursday, November 4th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.03. FVCBankcorp had a net margin of 28.64% and a return on equity of 10.94%. The firm had revenue of $15.54 million during the quarter, compared to the consensus estimate of $14.93 million. On average, analysts anticipate that FVCBankcorp will post 1.33 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of FVCB. Morgan Stanley raised its holdings in FVCBankcorp by 26.2% in the first quarter. Morgan Stanley now owns 46,887 shares of the company's stock valued at $812,000 after acquiring an additional 9,726 shares in the last quarter. Ergoteles LLC acquired a new stake in shares of FVCBankcorp during the second quarter worth $867,000. Dimensional Fund Advisors LP raised its holdings in shares of FVCBankcorp by 32.7% during the second quarter. Dimensional Fund Advisors LP now owns 49,310 shares of the company's stock worth $851,000 after purchasing an additional 12,155 shares during the period. Evermay Wealth Management LLC acquired a new stake in shares of FVCBankcorp during the second quarter worth $112,000. Finally, Renaissance Technologies LLC raised its holdings in shares of FVCBankcorp by 181.6% during the second quarter. Renaissance Technologies LLC now owns 72,600 shares of the company's stock worth $1,253,000 after purchasing an additional 46,820 shares during the period. 27.72% of the stock is currently owned by hedge funds and other institutional investors.

About FVCBankcorp

FVCBankcorp, Inc operates as a bank holding company, which engages in the provision of commercial banking services. The firm also also offer online banking, mobile banking, and a remote deposit service. It serves small and medium-sized businesses, professionals, non-profit organizations and associations, and investors living and working in and near its service area.

Featured Story: What are the advantages of the Stochastic Momentum Index?

Get a free copy of the Zacks research report on FVCBankcorp (FVCB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in FVCBankcorp right now?

Before you consider FVCBankcorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FVCBankcorp wasn't on the list.

While FVCBankcorp currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 


Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.