Bank of Marin Bancorp (BMRC) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Marin Bancorp in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BMRC shares.
View BMRC analyst ratings or view top-rated stocks.

4 analysts have issued 1 year target prices for Bank of Marin Bancorp's shares. Their BMRC share price forecasts range from $21.00 to $35.00. On average, they expect the company's stock price to reach $26.80 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price.
View analysts price targets for BMRC or view top-rated stocks among Wall Street analysts.

Bank of Marin Bancorp's stock was trading at $32.88 at the beginning of 2023. Since then, BMRC stock has decreased by 44.4% and is now trading at $18.29.
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Bank of Marin Bancorp saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 698,800 shares, a decrease of 8.3% from the August 15th total of 761,900 shares. Based on an average daily volume of 81,600 shares, the short-interest ratio is currently 8.6 days.
View Bank of Marin Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our BMRC earnings forecast.

Bank of Marin Bancorp (NASDAQ:BMRC) posted its earnings results on Monday, July, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.17. The bank earned $37.36 million during the quarter, compared to the consensus estimate of $29.10 million. Bank of Marin Bancorp had a net margin of 26.43% and a trailing twelve-month return on equity of 9.39%. During the same period in the previous year, the company earned $0.71 earnings per share.

Bank of Marin Bancorp announced a quarterly dividend on Friday, July 21st. Investors of record on Friday, August 4th will be paid a dividend of $0.25 per share on Friday, August 11th. This represents a $1.00 annualized dividend and a dividend yield of 5.47%. The ex-dividend date of this dividend is Thursday, August 3rd.
Read our dividend analysis for BMRC.

ProShares Russell 2000 Dividend Growers ETF holds 419,699 shares of BMRC stock, representing 1.04% of its portfolio.

Bank of Marin Bancorp (NASDAQ:BMRC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.47%. BMRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 40.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMRC will have a dividend payout ratio of 67.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMRC.

Bank of Marin Bancorp's stock split on Wednesday, November 28th 2018. The 2-1 split was announced on Monday, October 22nd 2018. The newly issued shares were payable to shareholders after the closing bell on Tuesday, November 27th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

3 employees have rated Bank of Marin Bancorp Chief Executive Officer Tim Myers on Glassdoor.com. Tim Myers has an approval rating of 100% among the company's employees. This puts Tim Myers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at Bank of Marin Bancorp to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bank of Marin Bancorp investors own include AbbVie (ABBV), Exxon Mobil (XOM), Franklin Resources (BEN), CenterPoint Energy (CNP), HDFC Bank (HDB), Harley-Davidson (HOG), Invesco (ivz), Kohl's (KSS), Occidental Petroleum (OXY) and Skyworks Solutions (SWKS).

Bank of Marin Bancorp trades on the NASDAQ under the ticker symbol "BMRC."

Bank of Marin Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.48%), Alliancebernstein L.P. (4.92%), The Manufacturers Life Insurance Company (4.36%), Dimensional Fund Advisors LP (4.10%), ProShare Advisors LLC (2.61%) and State Street Corp (2.57%). Insiders that own company stock include Arasadi Sathis, David A Merck, Elizabeth Reizman, James C Hale III, Kevin R Kennedy, Misako Stewart, Russell A Colombo, Secil Tabli Watson, Steven I Barlow and Timothy D Myers.
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Shares of BMRC 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.
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One share of BMRC stock can currently be purchased for approximately $18.29.

Bank of Marin Bancorp (NASDAQ:BMRC) has a market capitalization of $294.83 million and generates $140.95 million in revenue each year. The bank earns $46.59 million in net income (profit) each year or $2.44 on an earnings per share basis.

The company employs 317 workers across the globe.

Bank of Marin Bancorp's mailing address is 504 Redwood Blvd.Suite 100, Novato CA, 94947. The official website for the company is www.bankofmarin.com. The bank can be reached via phone at (415) 763-4520, via email at nancyboatright@bankofmarin.com, or via fax at 415-927-8920.