Farmers & Merchants Bancorp (FMAO) Stock Price, News & Analysis $21.98 +0.30 (+1.38%) (As of 12/8/2023 08:57 PM ET) Add Compare Share Share Today's Range$21.76▼$22.4550-Day Range$16.98▼$21.9852-Week Range$16.90▼$30.81Volume16,300 shsAverage Volume18,926 shsMarket Capitalization$300.47 millionP/E Ratio12.28Dividend Yield3.82%Price Target$25.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Farmers & Merchants Bancorp MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside17.5% Upside$25.83 Price TargetShort InterestBearish1.84% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$18,990 Bought Last QuarterProj. Earnings Growth-11.04%From $1.63 to $1.45 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.1.85 out of 5 starsFinance Sector565th out of 790 stocksFederal Savings Institutions Industry23rd out of 33 stocks 1.8 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 17.5% from its current price of $21.98.Amount of Analyst CoverageFarmers & Merchants Bancorp has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted1.84% 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 14.7, which indicates bearish sentiment.Change versus previous monthShort interest in Farmers & Merchants Bancorp has recently increased by 4.22%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend LeadershipFarmers & Merchants Bancorp is a leading dividend payer. It pays a dividend yield of 3.87%, 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 46.93%. 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 57.93% 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 N/A News and Social Media Coverage 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 $18,990.00 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Farmers & Merchants Bancorp are expected to decrease by -11.04% in the coming year, from $1.63 to $1.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Farmers & Merchants Bancorp is 12.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Farmers & Merchants Bancorp is 12.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.28.Price to Book Value per Share RatioFarmers & Merchants Bancorp has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Farmers & Merchants Bancorp Stock (NASDAQ:FMAO)Farmers & 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FMAO Stock News HeadlinesDecember 1, 2023 | uk.investing.comFarmers & Merchants Bancorp Inc (FMAO)November 3, 2023 | finance.yahoo.comF&M Bank Opens Regional Headquarters in Fort Wayne, IndianaDecember 11, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 27, 2023 | finanznachrichten.deFarmers & Merchants Bancorp, Inc. (FMAO): F&M Bank Realigns Organizational Structure to Support Future GrowthOctober 26, 2023 | finance.yahoo.comCompared to Estimates, Farmers & Merchants Bancorp Inc. (FMAO) Q3 Earnings: A Look at Key MetricsOctober 26, 2023 | benzinga.comFarmers & Merchants Bancorp, Inc. Reports 2023 Third-Quarter and Year-to-Date Financial ResultsOctober 26, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Reports 2023 Third-Quarter and Year-to-Date Financial ResultsOctober 12, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Announces First Full-Service Office in the State of MichiganDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 3, 2023 | finance.yahoo.comF&M’s Annual Ohio and Indiana Golf Classics Raise $53,000 for Local CharitiesSeptember 26, 2023 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Declares 2023 Third-Quarter Cash DividendSeptember 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 $0.32MJuly 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 EstimatesSee 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 Company Calendar Ex-Dividend for 10/20 Dividend10/05/2023Dividend Payable10/20/2023Last Earnings10/26/2023Today12/10/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/14/2024Get 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/AEmployees465Year FoundedN/APrice Target and Rating Average Stock Price Target$25.83 High Stock Price Target$30.00 Low Stock Price Target$23.50 Potential Upside/Downside+17.5%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.79 Trailing P/E Ratio12.28 Forward P/E Ratio13.48 P/E GrowthN/ANet Income$32.51 million Net Margins16.59% Pretax Margin20.62% Return on Equity8.65% Return on Assets0.84% Debt Debt-to-Equity Ratio0.98 Current Ratio1.01 Quick Ratio1.01 Sales & Book Value Annual Sales$116.69 million Price / Sales2.57 Cash Flow$2.70 per share Price / Cash Flow8.13 Book Value$21.91 per share Price / Book1.00Miscellaneous Outstanding Shares13,670,000Free Float12,606,000Market Cap$300.47 million OptionableNot Optionable Beta0.49 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Lars B. Eller (Age 56)President, CEO & Director Comp: $649.42kMs. Barbara J. Britenriker (Age 61)Executive VP & CFO Comp: $368.3kMs. Benet S. Rupp (Age 56)Executive VP & Chief Administrative Officer Comp: $298.46kMs. Shalini Singhal (Age 47)Senior VP & Chief Information Officer Ms. Marilyn K. JohnsonVP and Compliance & CRA ManagerDeborah L. ShinaberyVP of Sales & Retail Skills Development ManagerMs. Amy L. CoverVP & Chief Marketing OfficerMs. Alexis E. SmithVP & Chief People OfficerMr. David R. GerkenSenior VP & Senior Commercial Banking ManagerMr. Phillip P. LucasSenior VP & Regional PresidentMore ExecutivesKey CompetitorsSterling BancorpNASDAQ:SBTNorthrim BanCorpNASDAQ:NRIMWaterstone FinancialNASDAQ:WSBFPonce Financial GroupNASDAQ:PDLBCodorus Valley BancorpNASDAQ:CVLYView All CompetitorsInsiders & InstitutionsDeutsche Bank AGBought 1,808 shares on 11/24/2023Ownership: 0.057%Eugene N BurkholderBought 1,000 shares on 11/21/2023Total: $18,990.00 ($18.99/share)Revisor Wealth Management LLCBought 11,607 shares on 11/16/2023Ownership: 0.085%The Manufacturers Life Insurance Company Bought 2,826 shares on 11/15/2023Ownership: 2.360%GSA Capital Partners LLPBought 10,631 shares on 11/15/2023Ownership: 0.078%View All Insider TransactionsView All Institutional Transactions FMAO Stock Analysis - Frequently Asked Questions Should I buy or sell Farmers & Merchants Bancorp stock right now? 3 Wall Street 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 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 target for 2024? 3 Wall Street research analysts have issued 12 month price objectives for Farmers & Merchants Bancorp's stock. Their FMAO share price targets range from $23.50 to $30.00. On average, they predict the company's share price to reach $25.83 in the next year. This suggests a possible upside of 17.5% 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 19.1% and is now trading at $21.98. 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, February 14th 2024. View our FMAO earnings forecast. How were Farmers & Merchants Bancorp's earnings last quarter? Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) posted its quarterly earnings results on Thursday, October, 26th. The financial services provider reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.05. The financial services provider had revenue of $23.33 million for the quarter, compared to the consensus estimate of $24.10 million. Farmers & Merchants Bancorp had a net margin of 16.59% and a trailing twelve-month return on equity of 8.65%. How often does Farmers & Merchants Bancorp pay dividends? What is the dividend yield for Farmers & Merchants Bancorp? Farmers & Merchants Bancorp declared a quarterly dividend on Tuesday, September 26th. Investors of record on Friday, October 6th will be given a dividend of $0.21 per share on Friday, October 20th. This represents a $0.84 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Thursday, October 5th. 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 3.87%. 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 46.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMAO will have a dividend payout ratio of 57.93% 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 before market open on 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). Who are Farmers & Merchants Bancorp's major shareholders? Farmers & Merchants Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include The Manufacturers Life Insurance Company (2.36%), Northern Trust Corp (0.76%), Charles Schwab Investment Management Inc. (0.26%), Park National Corp OH (0.10%), Revisor Wealth Management LLC (0.08%) and GSA Capital Partners LLP (0.08%). 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. This page (NASDAQ:FMAO) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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