NASDAQ:BANX ArrowMark Financial (BANX) Stock Forecast, Price & News $16.88 +0.61 (+3.75%) (As of 03:57 PM ET) Add Compare Share Share Today's Range$15.60▼$16.9450-Day Range$14.47▼$19.0052-Week Range$13.80▼$20.50Volume23,855 shsAverage Volume17,571 shsMarket Capitalization$120.02 millionP/E Ratio31.85Dividend Yield9.24%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media ArrowMark Financial MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.17% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.95Based on 3 Articles This WeekInsider TradingAcquiring Shares$120,083 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.02 out of 5 starsFinance Sector711th out of 905 stocksInvestment Advice Industry39th out of 51 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for ArrowMark Financial. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.17% of the outstanding shares of ArrowMark Financial have been sold short.Short Interest Ratio / Days to CoverArrowMark Financial has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ArrowMark Financial has recently increased by 81.54%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipArrowMark Financial is a leading dividend payer. It pays a dividend yield of 9.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArrowMark Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of ArrowMark Financial is 294.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BANX. Previous Next 3.3 News and Social Media Coverage News SentimentArrowMark Financial has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for ArrowMark Financial this week, compared to 1 article on an average week.MarketBeat Follows1 people have added ArrowMark Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ArrowMark Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $120,083.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.53% of the stock of ArrowMark Financial is held by insiders.Percentage Held by InstitutionsOnly 24.77% of the stock of ArrowMark Financial is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of ArrowMark Financial is 31.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.56.Price to Earnings Ratio vs. SectorThe P/E ratio of ArrowMark Financial is 31.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.26. Previous Next See Top Rated MarketRank™ Stocks Here About ArrowMark Financial (NASDAQ:BANX) StockArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade. ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.Read More Receive BANX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ArrowMark Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address BANX Stock News HeadlinesMay 15, 2023 | seekingalpha.comArrowMark Financial reports April NAV of $21.16May 15, 2023 | finance.yahoo.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of April 2023May 30, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 13, 2023 | americanbankingnews.comArrowMark Financial Corp. (NASDAQ:BANX) Short Interest Down 70.2% in AprilMay 11, 2023 | americanbankingnews.comInsider Buying: ArrowMark Financial Corp. (NASDAQ:BANX) CEO Acquires 2,000 Shares of StockMay 10, 2023 | americanbankingnews.comPatrick Joseph Farrell Buys 700 Shares of ArrowMark Financial Corp. (NASDAQ:BANX) StockMay 10, 2023 | americanbankingnews.comGuy M. Arnold Buys 3,000 Shares of ArrowMark Financial Corp. (NASDAQ:BANX) StockMay 7, 2023 | americanbankingnews.comRichard Allen Grove Purchases 1,000 Shares of ArrowMark Financial Corp. (NASDAQ:BANX) StockMay 30, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 4, 2023 | msn.comArrowMark Financial Corp: Can You BANX On This Yield?May 2, 2023 | bizjournals.comInbanx raises nearly $4M to help companies better control expenses — a proposition VCs scoffed at a year agoApril 18, 2023 | finance.yahoo.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of March 2023April 17, 2023 | americanbankingnews.comShort Interest in ArrowMark Financial Corp. (NASDAQ:BANX) Decreases By 21.7%March 21, 2023 | americanbankingnews.comArrowMark Financial Corp. (BANX) To Go Ex-Dividend on March 23rdMarch 15, 2023 | benzinga.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2023March 15, 2023 | finance.yahoo.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2023March 9, 2023 | msn.comArrowMark Financial declares $0.39 dividendMarch 8, 2023 | finance.yahoo.comArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for First Quarter 2023February 28, 2023 | benzinga.comReported Late Monday Feb. 27, ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value Of $20.91 As Of January 2023February 27, 2023 | finance.yahoo.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of January 2023February 6, 2023 | msn.comArrowMark Financial December NAV falls M/M to $20.79 per shareFebruary 3, 2023 | finance.yahoo.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2022December 19, 2022 | finance.yahoo.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of November 2022December 16, 2022 | finance.yahoo.comArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.39 per Share for Fourth Quarter 2022November 21, 2022 | finance.yahoo.comArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2022November 9, 2022 | seekingalpha.comArrowMark Financial Corp (BANX) Q3 2022 Earnings Call TranscriptNovember 9, 2022 | finance.yahoo.comArrowMark Financial Corp. Reports Third Quarter 2022 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BANX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ArrowMark Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address BANX Company Calendar Last Earnings11/10/2021Ex-Dividend for 3/31 Dividend3/23/2023Dividend Payable3/31/2023Today5/30/2023Next Earnings (Estimated)6/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Investment advice Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:BANX CUSIPN/A CIK1578987 Webwww.stonecastle-financial.com Phone212-354-6500FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.53 Trailing P/E Ratio30.72 Forward P/E RatioN/A P/E GrowthN/ANet Income$12.63 million Net Margins19.28% Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$17.36 million Price / Sales6.67 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares7,110,000Free Float7,069,000Market Cap$115.75 million OptionableNot Optionable Beta0.53 Key ExecutivesMr. Sanjai Suryaji Bhonsle (Age 52)CEO & Chairman Mr. Dana StaggsPresMr. Patrick Joseph Farrell (Age 62)Chief Financial Officer Ms. Julie MuracoInvestor RelationsMs. Rachel Nachas Schatten J.D. (Age 51)Gen. Counsel Mr. Richard A. Grove (Age 52)Chief Compliance Officer Mr. Blake Rice (Age 44)Sec. Ms. Kelsey Auble (Age 31)Controller More ExecutivesKey CompetitorsEast Resources AcquisitionNASDAQ:ERESWestwood Holdings GroupNYSE:WHGMonroe CapitalNASDAQ:MRCCHennessy AdvisorsNASDAQ:HNNAU.S. Global InvestorsNASDAQ:GROWView All CompetitorsInsiders & InstitutionsStifel Financial CorpBought 13,002 shares on 5/12/2023Ownership: 2.588%Bank of America Corp DESold 5,087 shares on 5/12/2023Ownership: 0.071%Heron Bay Capital ManagementBought 45,742 shares on 5/11/2023Ownership: 0.644%Tucker Asset Management LLCBought 3,735 shares on 5/11/2023Ownership: 0.053%Guy M ArnoldBought 3,000 shares on 5/5/2023Total: $44,970.00 ($14.99/share)View All Insider TransactionsView All Institutional Transactions BANX Stock - Frequently Asked Questions How have BANX shares performed in 2023? ArrowMark Financial's stock was trading at $17.04 at the beginning of the year. Since then, BANX stock has decreased by 4.5% and is now trading at $16.28. View the best growth stocks for 2023 here. Are investors shorting ArrowMark Financial? ArrowMark Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,800 shares, an increase of 81.5% from the April 30th total of 6,500 shares. Based on an average trading volume of 21,000 shares, the days-to-cover ratio is presently 0.6 days. View ArrowMark Financial's Short Interest. When is ArrowMark Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023. View our BANX earnings forecast. How were ArrowMark Financial's earnings last quarter? ArrowMark Financial Corp. (NASDAQ:BANX) released its quarterly earnings results on Wednesday, November, 10th. The investment management company reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.02. The investment management company earned $4.44 million during the quarter. How often does ArrowMark Financial pay dividends? What is the dividend yield for ArrowMark Financial? ArrowMark Financial announced a quarterly dividend on Wednesday, March 8th. Stockholders of record on Friday, March 24th will be given a dividend of $0.39 per share on Friday, March 31st. This represents a $1.56 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date is Thursday, March 23rd. Read our dividend analysis for BANX. Is ArrowMark Financial a good dividend stock? ArrowMark Financial (NASDAQ:BANX) pays an annual dividend of $1.56 per share and currently has a dividend yield of 9.59%. BANX 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 294.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for BANX. What other stocks do shareholders of ArrowMark Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other ArrowMark Financial investors own include Energy Transfer (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), C3.ai (AI), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), AT&T (T) and BP Prudhoe Bay Royalty Trust (BPT). What is ArrowMark Financial's stock symbol? ArrowMark Financial trades on the NASDAQ under the ticker symbol "BANX." Who are ArrowMark Financial's major shareholders? ArrowMark Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Stifel Financial Corp (2.59%), Raymond James Financial Services Advisors Inc. (2.27%), Oxbow Advisors LLC (1.72%), Heron Bay Capital Management (0.64%), Raymond James & Associates (0.30%) and Capital Investment Advisors LLC (0.27%). Insiders that own company stock include Dana Staggs, Guy M Arnold, John Scott Emrich, Karen Reidy, Michael Stolper, Patrick Joseph Farrell, Praag Michael Van, Richard Allen Grove and Sanjai Bhonsle. View institutional ownership trends. How do I buy shares of ArrowMark Financial? Shares of BANX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ArrowMark Financial's stock price today? One share of BANX stock can currently be purchased for approximately $16.28. How much money does ArrowMark Financial make? ArrowMark Financial (NASDAQ:BANX) has a market capitalization of $115.75 million and generates $17.36 million in revenue each year. The investment management company earns $12.63 million in net income (profit) each year or $0.53 on an earnings per share basis. How can I contact ArrowMark Financial? ArrowMark Financial's mailing address is 152 WEST 57TH STREET 35TH FLOOR, NEW YORK NY, 10019. The official website for the company is www.stonecastle-financial.com. The investment management company can be reached via phone at 212-354-6500 or via email at jmuraco@stonecastle.com. This page (NASDAQ:BANX) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ArrowMark Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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