NASDAQ:FMAO Farmers & Merchants Bancorp (FMAO) Stock Forecast, Price & News $17.60 +0.25 (+1.44%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$17.35▼$17.6350-Day Range$17.35▼$24.7552-Week Range$17.05▼$30.81Volume19,962 shsAverage Volume20,016 shsMarket Capitalization$240.06 millionP/E Ratio8.30Dividend Yield4.77%Price Target$25.83 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Farmers & Merchants Bancorp MarketRank™ ForecastAnalyst RatingReduce1.67 Rating ScoreUpside/Downside46.8% Upside$25.83 Price TargetShort InterestBearish2.00% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.55Based on 4 Articles This WeekInsider TradingAcquiring Shares$45,430 Bought Last QuarterProj. Earnings Growth-1.20%From $1.66 to $1.64 Per ShareSee 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.2.45 out of 5 starsFinance Sector381st out of 833 stocksFederal Savings Institutions Industry15th out of 31 stocks 2.8 Analyst's Opinion Consensus RatingFarmers & Merchants Bancorp has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.83, Farmers & Merchants Bancorp has a forecasted upside of 46.8% from its current price of $17.60.Amount of Analyst CoverageFarmers & Merchants Bancorp has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.00% of the outstanding shares of Farmers & Merchants Bancorp have been sold short.Short Interest Ratio / Days to CoverFarmers & Merchants Bancorp has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.Change versus previous monthShort interest in Farmers & Merchants Bancorp has recently decreased by 4.68%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend LeadershipFarmers & Merchants Bancorp is a leading dividend payer. It pays a dividend yield of 4.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFarmers & Merchants Bancorp has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Farmers & Merchants Bancorp is 39.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Farmers & Merchants Bancorp will have a dividend payout ratio of 51.22% next year. This indicates that Farmers & Merchants Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FMAO. Previous Next 2.0 News and Social Media Coverage News SentimentFarmers & Merchants Bancorp has a news sentiment score of 0.55. 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 lower news sentiment than the 0.73 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Farmers & Merchants Bancorp this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Farmers & Merchants Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $45,430.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.76% of the stock of Farmers & Merchants Bancorp is held by insiders.Percentage Held by InstitutionsOnly 22.71% of the stock of Farmers & Merchants Bancorp is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Farmers & Merchants Bancorp are expected to decrease by -1.20% in the coming year, from $1.66 to $1.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Farmers & Merchants Bancorp is 8.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Farmers & Merchants Bancorp is 8.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 85.73.Price to Book Value per Share RatioFarmers & Merchants Bancorp has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Farmers & Merchants Bancorp (NASDAQ:FMAO) StockFarmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking, savings, and time deposit accounts; certificates of deposit; and custodial services for individual retirement and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farmland, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvement loans; and loans for autos, trucks, recreational vehicles, and motorcycles, as well as home and personal loan. In addition, the company offers commercial real estate loans, such as lines of credit and machinery purchase loans. Further, it provides automated teller machine or interactive teller machine services; and online and mobile banking, remote deposit capture or electronic deposit processing, and merchant credit card services. It also offers electronic transaction origination, such as wire and automated clearing house file transmittal services. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is headquartered in Archbold, Ohio.Read More FMAO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FMAO Stock News HeadlinesSeptember 26, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Declares 2023 Third-Quarter Cash DividendSeptember 23, 2023 | americanbankingnews.comFarmers & Merchants Bancorp (NASDAQ:FMAO) Shares Pass Below Two Hundred Day Moving Average of $21.65September 26, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.September 21, 2023 | finance.yahoo.comDoug Shaw Named F&M Bank’s Regional President for the Southern Ohio MarketSeptember 19, 2023 | benzinga.comFirst Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.24 Per ShareSeptember 18, 2023 | msn.comNew Strong Sell Stocks for September18thAugust 11, 2023 | msn.comFarmers & Merchants Bancorp: Downgrading To Hold And Reducing The Earnings EstimateJuly 27, 2023 | seekingalpha.comFarmers & Merchants Bancorp GAAP EPS of $0.44 misses by $0.01, revenue of $24.39M beats by $0.32MSeptember 26, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.July 27, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About Farmers & Merchants Bancorp Inc. (FMAO) Q2 EarningsJuly 26, 2023 | finance.yahoo.comFarmers & Merchants Bancorp Inc. (FMAO) Lags Q2 Earnings and Revenue EstimatesJuly 26, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Reports 2023 Second-Quarter and Year-to-Date Financial ResultsJuly 20, 2023 | uk.finance.yahoo.comFMCB - Farmers & Merchants BancorpJuly 6, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Announces Opening of New Office in Downtown Toledo, OhioJune 27, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Declares 2023 Second-Quarter Cash DividendJune 14, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Announces Opening of New Office in Oxford, OhioMay 24, 2023 | finance.yahoo.comFMAO - Farmers & Merchants Bancorp, Inc.May 16, 2023 | finance.yahoo.comF&M Bank Completes Relocation of Auburn, Indiana OfficeMay 15, 2023 | finance.yahoo.comF&M Bank Unveils New Branding Including New Forward-Looking Logo and Shortened Brand NameApril 19, 2023 | finance.yahoo.comFarmers & Merchants Bancorp Inc. (FMAO) Q1 Earnings and Revenues Lag EstimatesApril 17, 2023 | finance.yahoo.comF&M Bank Announces Investment in Fort Wayne, Indiana to Expand Regional HeadquartersApril 12, 2023 | finance.yahoo.comAnalysts Estimate Farmers & Merchants Bancorp Inc. (FMAO) to Report a Decline in Earnings: What to Look Out forMarch 27, 2023 | msn.comWednesday Is Your Last Chance To Buy Farmers & Merchants Before The Dividend PayoutMarch 24, 2023 | msn.comFarmers & Merchants Bancorp (FMAO) Declares $0.21 DividendMarch 21, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Declares 2023 First-Quarter Cash DividendFebruary 8, 2023 | msn.comFarmers & Merchants Bancorp Non-GAAP EPS of $0.65 misses by $0.02, revenue of $26.69M beats by $2.52MFebruary 8, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Reports Record 2022 Full-Year Financial ResultsSee More Headlines Receive FMAO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Farmers & Merchants Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address FMAO Company Calendar Ex-Dividend for 7/20 Dividend7/06/2023Dividend Payable7/20/2023Last Earnings7/26/2023Today9/26/2023Next Earnings (Estimated)10/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Federal savings institutions Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:FMAO CUSIPN/A CIK792966 Webwww.fm.bank Phone(419) 446-2501FaxN/AEmployees460Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.83 High Stock Price Forecast$30.00 Low Stock Price Forecast$23.50 Forecasted Upside/Downside+48.0%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.12 Trailing P/E Ratio8.23 Forward P/E Ratio10.51 P/E GrowthN/ANet Income$32.51 million Net Margins20.91% Pretax Margin26.08% Return on Equity10.22% Return on Assets1.01% Debt Debt-to-Equity Ratio1.05 Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$116.69 million Price / Sales2.04 Cash Flow$2.67 per share Price / Cash Flow6.53 Book Value$21.91 per share Price / Book0.80Miscellaneous Outstanding Shares13,640,000Free Float12,577,000Market Cap$238.02 million OptionableNot Optionable Beta0.44 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Lars B. Eller (Age 56)Pres, CEO & Director Comp: $649.42kMs. Barbara J. Britenriker (Age 61)Exec. VP, CFO & Chief Retail Banking Officer Ms. Benet S. Rupp (Age 56)Exec. VP & Chief Admin. Officer Comp: $298.46kMs. Shalini Singhal (Age 47)Sr. VP & Chief Information Officer Ms. Marilyn K. JohnsonVP and Compliance & CRA Mang.Deborah L. ShinaberyVP of Sales & Retail Skills Devel. Mang.Ms. Amy L. CoverVP & Chief Marketing OfficerMs. Alexis E. SmithVP & Chief People OfficerMr. David R. GerkenSr. VP & Sr. Commercial Banking Mang.Mr. Phillip P. LucasSr. VP & Regional PresMore ExecutivesKey CompetitorsWaterstone FinancialNASDAQ:WSBFNorthrim BanCorpNASDAQ:NRIMBCB BancorpNASDAQ:BCBPSterling BancorpNASDAQ:SBTPonce Financial GroupNASDAQ:PDLBView All CompetitorsInsiders & InstitutionsOsaic Holdings Inc.Bought 1,890 shares on 8/21/2023Ownership: 0.030%Eugene N BurkholderBought 1,000 shares on 8/18/2023Total: $19,400.00 ($19.40/share)Steven J PlansonBought 1,318 shares on 8/15/2023Total: $26,030.50 ($19.75/share)Goldman Sachs Group Inc.Bought 11,315 shares on 8/15/2023Ownership: 0.083%Wells Fargo & Company MNBought 2,865 shares on 8/15/2023Ownership: 0.082%View All Insider TransactionsView All Institutional Transactions FMAO Stock - Frequently Asked Questions Should I buy or sell Farmers & Merchants Bancorp stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Farmers & Merchants Bancorp in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" FMAO shares. View FMAO analyst ratings or view top-rated stocks. What is Farmers & Merchants Bancorp's stock price forecast for 2023? 3 Wall Street analysts have issued twelve-month price objectives for Farmers & Merchants Bancorp's stock. Their FMAO share price forecasts range from $23.50 to $30.00. On average, they expect the company's stock price to reach $25.83 in the next year. This suggests a possible upside of 48.0% from the stock's current price. View analysts price targets for FMAO or view top-rated stocks among Wall Street analysts. How have FMAO shares performed in 2023? Farmers & Merchants Bancorp's stock was trading at $27.18 on January 1st, 2023. Since then, FMAO shares have decreased by 35.8% and is now trading at $17.45. View the best growth stocks for 2023 here. When is Farmers & Merchants Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023. View our FMAO earnings forecast. How were Farmers & Merchants Bancorp's earnings last quarter? Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) issued its quarterly earnings results on Wednesday, July, 26th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.01. The financial services provider earned $24.39 million during the quarter, compared to analyst estimates of $25.30 million. Farmers & Merchants Bancorp had a net margin of 20.91% and a trailing twelve-month return on equity of 10.22%. How often does Farmers & Merchants Bancorp pay dividends? What is the dividend yield for Farmers & Merchants Bancorp? Farmers & Merchants Bancorp announced a quarterly dividend on Tuesday, June 27th. Investors of record on Friday, July 7th will be given a dividend of $0.21 per share on Thursday, July 20th. This represents a $0.84 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend is Thursday, July 6th. Read our dividend analysis for FMAO. Is Farmers & Merchants Bancorp a good dividend stock? Farmers & Merchants Bancorp (NASDAQ:FMAO) pays an annual dividend of $0.84 per share and currently has a dividend yield of 4.82%. FMAO 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 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 39.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMAO will have a dividend payout ratio of 51.22% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FMAO. When did Farmers & Merchants Bancorp's stock split? Shares of Farmers & Merchants Bancorp split on the morning of Thursday, September 21st 2017. The 2-1 split was announced on Friday, August 18th 2017. The newly minted shares were payable to shareholders after the closing bell on Wednesday, September 20th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What other stocks do shareholders of Farmers & Merchants Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Farmers & Merchants Bancorp investors own include Marathon Petroleum (MPC), McDonald's (MCD), Columbia Banking System (COLB), Invesco (IVZ), International Business Machines (IBM), ONEOK (OKE), Verizon Communications (VZ), Andersons (ANDE), American Express (AXP) and Bristol-Myers Squibb (BMY). What is Farmers & Merchants Bancorp's stock symbol? Farmers & Merchants Bancorp trades on the NASDAQ under the ticker symbol "FMAO." Who are Farmers & Merchants Bancorp's major shareholders? Farmers & Merchants Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.50%), The Manufacturers Life Insurance Company (2.34%), Geode Capital Management LLC (1.88%), State Street Corp (1.53%), Dimensional Fund Advisors LP (0.71%) and Mendel Money Management (0.68%). Insiders that own company stock include Andrew J Briggs, Andrew J Briggs, David P Vernon, Eugene N Burkholder, Jo Ellen Hornish and Steven J Planson. View institutional ownership trends. How do I buy shares of Farmers & Merchants Bancorp? Shares of FMAO 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 Farmers & Merchants Bancorp's stock price today? One share of FMAO stock can currently be purchased for approximately $17.45. How much money does Farmers & Merchants Bancorp make? Farmers & Merchants Bancorp (NASDAQ:FMAO) has a market capitalization of $238.02 million and generates $116.69 million in revenue each year. The financial services provider earns $32.51 million in net income (profit) each year or $2.12 on an earnings per share basis. How many employees does Farmers & Merchants Bancorp have? The company employs 460 workers across the globe. How can I contact Farmers & Merchants Bancorp? Farmers & Merchants Bancorp's mailing address is 307 NORTH DEFIANCE ST, ARCHBOLD OH, 43502. The official website for the company is www.fm.bank. The financial services provider can be reached via phone at (419) 446-2501 or via email at andrew@smberger.com. This page (NASDAQ:FMAO) was last updated on 9/26/2023 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 Farmers & Merchants Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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