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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Marin Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BMRC shares.
View BMRC analyst ratings or view top-rated stocks.

2 analysts have issued 1-year price targets for Bank of Marin Bancorp's shares. Their BMRC share price forecasts range from $33.00 to $35.00. On average, they expect the company's share price to reach $34.25 in the next year. This suggests a possible upside of 98.9% 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 on January 1st, 2023. Since then, BMRC shares have decreased by 47.6% and is now trading at $17.22.
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Bank of Marin Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 856,900 shares, an increase of 24.4% from the April 30th total of 688,600 shares. Based on an average trading volume of 132,800 shares, the short-interest ratio is currently 6.5 days.
View Bank of Marin Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our BMRC earnings forecast.

Bank of Marin Bancorp (NASDAQ:BMRC) posted its quarterly earnings results on Monday, April, 24th. The bank reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.69 by $0.10. The bank earned $37.28 million during the quarter, compared to analyst estimates of $35 million. Bank of Marin Bancorp had a trailing twelve-month return on equity of 11.11% and a net margin of 31.45%. During the same period in the prior year, the business earned $0.68 EPS.

Bank of Marin Bancorp announced a quarterly dividend on Friday, April 21st. Investors of record on Friday, May 5th will be paid a dividend of $0.25 per share on Friday, May 12th. This represents a $1.00 annualized dividend and a dividend yield of 5.81%. The ex-dividend date is Thursday, May 4th.
Read our dividend analysis for BMRC.

ETFs with the largest weight of Bank of Marin Bancorp (NASDAQ:BMRC) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE) and Vanguard U.S. Minimum Volatility ETF (VFMV).Direxion Daily Regional Banks Bull 3x Shares (DPST),

Bank of Marin Bancorp (NASDAQ:BMRC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.81%. 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 35.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMRC will have a dividend payout ratio of 49.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMRC.

Shares of Bank of Marin Bancorp split on the morning of Wednesday, November 28th 2018. The 2-1 split was announced on Monday, October 22nd 2018. The newly issued shares were distributed to shareholders after the market closes 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (8.71%), Dimensional Fund Advisors LP (4.92%), State Street Corp (2.95%), Geode Capital Management LLC (1.85%), Ameriprise Financial Inc. (1.31%) and KCM Investment Advisors LLC (1.04%). Insiders that own company stock include Arasadi Sathis, David A Merck, Elizabeth Reizman, James C Hale III, Kevin R Kennedy, Min Situ, Misako Stewart, Russell A Colombo, Secil Tabli Watson, Steven I Barlow and Timothy D Myers.
View institutional ownership trends.

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 $17.22.

Bank of Marin Bancorp (NASDAQ:BMRC) has a market capitalization of $277.41 million and generates $140.95 million in revenue each year. The bank earns $46.59 million in net income (profit) each year or $2.85 on an earnings per share basis.

The company employs 312 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.