AmeriServ Financial (ASRV) Stock Forecast, Price & News

AmeriServ Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 24,300 shares, an increase of 113.2% from the April 30th total of 11,400 shares. Based on an average daily trading volume, of 14,000 shares, the short-interest ratio is currently 1.7 days. Currently, 0.2% of the company's shares are short sold.
View AmeriServ Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our ASRV earnings forecast.

AmeriServ Financial, Inc. (NASDAQ:ASRV) posted its quarterly earnings data on Tuesday, April, 18th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. The financial services provider earned $15.03 million during the quarter. AmeriServ Financial had a net margin of 9.29% and a trailing twelve-month return on equity of 7.20%.

AmeriServ Financial announced a quarterly dividend on Friday, April 21st. Shareholders of record on Monday, May 8th will be given a dividend of $0.03 per share on Monday, May 22nd. This represents a $0.12 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend is Friday, May 5th.
Read our dividend analysis for ASRV.

AmeriServ Financial (NASDAQ:ASRV) pays an annual dividend of $0.12 per share and currently has a dividend yield of 4.27%. ASRV 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 30.77%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ASRV.

Based on aggregate information from My MarketBeat watchlists, some companies that other AmeriServ Financial investors own include Marathon Petroleum (MPC), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), British American Tobacco (BTI), Carnival Co. & (CCL), Canadian Imperial Bank of Commerce (CM), Cinemark (CNK), Canadian Natural Resources (CNQ) and Dominion Energy (D).

AmeriServ Financial trades on the NASDAQ under the ticker symbol "ASRV."

AmeriServ Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Gendell Jeffrey L (6.23%), Renaissance Technologies LLC (3.71%), Boothbay Fund Management LLC (1.00%), BHZ Capital Management LP (0.46%), Dryden Capital LLC (0.29%) and Dakota Wealth Management (0.07%). Insiders that own company stock include Daniel A Onorato, Daniel A Onorato, James T Huerth, Jeffrey A Stopko, Jeffrey A Stopko, Kim W Kunkle and Kim W Kunkle.
View institutional ownership trends.

One share of ASRV stock can currently be purchased for approximately $2.77.

AmeriServ Financial (NASDAQ:ASRV) has a market capitalization of $47.51 million and generates $65.75 million in revenue each year. The financial services provider earns $7.45 million in net income (profit) each year or $0.39 on an earnings per share basis.

The company employs 1,224 workers across the globe.

AmeriServ Financial's mailing address is MAIN & FRANKLIN STS PO BOX 430, JOHNSTOWN PA, 15907. The official website for the company is www.ameriserv.com. The financial services provider can be reached via phone at (814) 533-5300, via email at mlynch@ameriserv.com, or via fax at 814-533-5427.