Farmers & Merchants Bancorp (FMAO) Stock Forecast, Price & News

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our FMAO earnings forecast.

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%.

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.

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.

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.

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).

Farmers & Merchants Bancorp trades on the NASDAQ under the ticker symbol "FMAO."

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.
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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.
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One share of FMAO stock can currently be purchased for approximately $17.45.

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.

The company employs 460 workers across the globe.

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.