Northpointe Bancshares, Inc. (NYSE:NPB - Get Free Report) were up 3.2% during trading on Thursday . The stock traded as high as $14.75 and last traded at $14.73. Approximately 142,492 shares were traded during trading, a decline of 27% from the average daily volume of 195,336 shares. The stock had previously closed at $14.28.
Analyst Ratings Changes
Several research analysts have recently commented on NPB shares. Piper Sandler started coverage on Northpointe Bancshares in a research note on Tuesday, March 11th. They set an "overweight" rating and a $16.50 target price for the company. Keefe, Bruyette & Woods started coverage on Northpointe Bancshares in a research note on Tuesday, March 11th. They issued an "outperform" rating and a $18.00 price target for the company.
Get Our Latest Report on Northpointe Bancshares
Northpointe Bancshares Stock Up 0.3%
The business has a fifty day moving average of $13.63. The company has a debt-to-equity ratio of 2.39, a current ratio of 1.48 and a quick ratio of 1.43.
Northpointe Bancshares (NYSE:NPB - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The business had revenue of $53.26 million for the quarter, compared to analysts' expectations of $50.59 million.
Northpointe Bancshares Announces Dividend
The firm also recently disclosed a -- dividend, which was paid on Friday, May 2nd. Investors of record on Tuesday, April 15th were given a $0.025 dividend. The ex-dividend date of this dividend was Tuesday, April 15th.
Institutional Investors Weigh In On Northpointe Bancshares
Large investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC bought a new stake in shares of Northpointe Bancshares in the first quarter worth about $26,000. Jane Street Group LLC bought a new stake in Northpointe Bancshares during the 1st quarter valued at approximately $146,000. Boston Partners bought a new stake in Northpointe Bancshares during the 1st quarter valued at approximately $454,000. Charles Schwab Investment Management Inc. bought a new stake in Northpointe Bancshares during the 1st quarter valued at approximately $829,000. Finally, Persistent Asset Partners Ltd bought a new stake in Northpointe Bancshares during the 1st quarter valued at approximately $941,000.
Northpointe Bancshares Company Profile
(
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Northpointe Bancshares, Inc operates as a bank holding company. It offers a nationwide mortgage purchase program, residential mortgage loans, digital deposit banking to retail customers and custodial deposit services. The company was founded by Charles A. Williams in 1998 and is headquartered in Grand Rapids, MI.
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