NASDAQ:FMAO Farmers & Merchants Bancorp (FMAO) Stock Forecast, Price & News $19.89 -0.61 (-2.98%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$19.41▼$20.4250-Day Range$18.00▼$25.9352-Week Range$17.76▼$42.13Volume24,193 shsAverage Volume18,311 shsMarket Capitalization$271.10 millionP/E Ratio8.61Dividend Yield4.22%Price Target$28.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Farmers & Merchants Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside44.1% Upside$28.67 Price TargetShort InterestBearish2.17% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$93,446 Bought Last QuarterProj. Earnings Growth4.23%From $1.89 to $1.97 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.2.60 out of 5 starsFinance Sector359th out of 901 stocksFederal Savings Institutions Industry17th out of 45 stocks 3.0 Analyst's Opinion Consensus RatingFarmers & Merchants Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.67, Farmers & Merchants Bancorp has a forecasted upside of 44.1% from its current price of $19.89.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 Shorted2.17% 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 15.3, which indicates bearish sentiment.Change versus previous monthShort interest in Farmers & Merchants Bancorp has recently increased by 1.69%, 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 4.05%, 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 36.36%. 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 42.64% 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 $93,446.00 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 22.38% of the stock of Farmers & Merchants Bancorp is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Farmers & Merchants Bancorp are expected to grow by 4.23% in the coming year, from $1.89 to $1.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Farmers & Merchants Bancorp is 8.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Farmers & Merchants Bancorp is 8.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.54.Price to Book Value per Share RatioFarmers & Merchants Bancorp has a P/B Ratio of 0.89. 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 a bank holding company, which engages in the provision of commercial banking, retail banking, and financial services. It includes commercial, agricultural, and residential mortgage as well as consumer and credit card lending activities. The firm also offers checking account services, and savings and time deposit services. The company was founded in 1985 and is headquartered in Archbold, OH.Read More 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 Stock News HeadlinesMay 24, 2023 | finance.yahoo.comFMAO - Farmers & Merchants Bancorp, Inc.May 16, 2023 | finance.yahoo.comF&M Bank Completes Relocation of Auburn, Indiana OfficeJune 1, 2023 | Legacy Research (Affiliate) (Ad)“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.May 15, 2023 | finance.yahoo.comF&M Bank Unveils New Branding Including New Forward-Looking Logo and Shortened Brand NameMay 7, 2023 | americanbankingnews.comEugene N. Burkholder Purchases 1,000 Shares of Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) StockApril 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 17, 2023 | americanbankingnews.comFarmers & Merchants Bancorp (FMAO) to Release Quarterly Earnings on TuesdayJune 1, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.April 17, 2023 | americanbankingnews.comFarmers & Merchants Bancorp (FMAO) Scheduled to Post Quarterly Earnings on TuesdayApril 12, 2023 | finance.yahoo.comAnalysts Estimate Farmers & Merchants Bancorp Inc. (FMAO) to Report a Decline in Earnings: What to Look Out forApril 9, 2023 | americanbankingnews.comFarmers & Merchants Bancorp (NASDAQ:FMAO) Stock Price Passes Below 200 Day Moving Average of $27.08March 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 ResultsFebruary 7, 2023 | bizjournals.comFarmers and Merchants Bank ready to hire, expand commercial lendingJanuary 24, 2023 | marketwatch.comFarmers & Merchants Board Approves Share Buyback AuthorizationJanuary 23, 2023 | msn.comFirst Farmers & Merchants Non-GAAP EPS of $1.17, revenue of $16.19MJanuary 13, 2023 | reuters.comFMAO.O - | Stock Price & Latest News | ReutersDecember 24, 2022 | finance.yahoo.comThere's A Lot To Like About Farmers & Merchants Bancorp's (NASDAQ:FMAO) Upcoming US$0.21 DividendDecember 20, 2022 | finance.yahoo.comFarmers & Merchants Bancorp, Inc. Declares 2022 Fourth-Quarter Cash DividendDecember 12, 2022 | seekingalpha.comFarmers & Merchants Bancorp: Positive Earnings Outlook Appears Priced InOctober 31, 2022 | finance.yahoo.comHere's Why We Think Farmers & Merchants Bancorp (NASDAQ:FMAO) Might Deserve Your Attention TodayOctober 26, 2022 | seekingalpha.comFMAO Farmers & Merchants Bancorp, Inc.October 19, 2022 | finance.yahoo.comFarmers & Merchants Bancorp Inc. (FMAO) Meets Q3 Earnings EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 4/20 Dividend3/30/2023Last Earnings4/19/2023Dividend Payable4/20/2023Today5/31/2023Next Earnings (Estimated)7/20/2023Fiscal 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/AEmployees385Year FoundedN/APrice Target and Rating Average Stock Price Forecast$28.00 High Stock Price Forecast$29.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+44.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.31 Trailing P/E Ratio8.61 Forward P/E Ratio10.52 P/E GrowthN/ANet Income$32.51 million Net Margins24.42% Pretax Margin30.43% Return on Equity11.18% Return on Assets1.13% Debt Debt-to-Equity Ratio0.64 Current Ratio0.97 Quick Ratio0.97 Sales & Book Value Annual Sales$116.69 million Price / Sales2.32 Cash Flow$2.56 per share Price / Cash Flow7.78 Book Value$22.43 per share Price / Book0.89Miscellaneous Outstanding Shares13,630,000Free Float12,572,000Market Cap$271.10 million OptionableNot Optionable Beta0.41 Key ExecutivesLars B. EllerPresident, Chief Executive Officer & DirectorBarbara J. BritenrikerChief Financial Officer & Executive Vice PresidentShalini SinghalChief Information OfficerBenét RuppChief Administrative Officer & Executive VPRex D. RiceChief Lending Officer & Executive Vice PresidentKey CompetitorsWaterstone FinancialNASDAQ:WSBFSterling BancorpNASDAQ:SBTNorthrim BanCorpNASDAQ:NRIMHomeTrust BancsharesNASDAQ:HTBIPonce Financial GroupNASDAQ:PDLBView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 796 shares on 5/18/2023Ownership: 0.071%Geode Capital Management LLCBought 11,128 shares on 5/16/2023Ownership: 1.704%State Street CorpBought 4,024 shares on 5/16/2023Ownership: 1.392%First Trust Advisors LPSold 1,761 shares on 5/16/2023Ownership: 0.294%Deutsche Bank AGBought 2,116 shares on 5/15/2023Ownership: 0.058%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 analysts have issued "buy," "hold," and "sell" ratings for Farmers & Merchants Bancorp in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FMAO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FMAO, but not buy additional shares or sell existing shares. View FMAO analyst ratings or view top-rated stocks. What is Farmers & Merchants Bancorp's stock price forecast for 2023? 3 Wall Street research analysts have issued 1-year price targets for Farmers & Merchants Bancorp's stock. Their FMAO share price forecasts range from $27.00 to $29.00. On average, they predict the company's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 40.8% 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 at the beginning of 2023. Since then, FMAO stock has decreased by 26.8% and is now trading at $19.89. 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 Thursday, July 20th 2023. View our FMAO earnings forecast. How were Farmers & Merchants Bancorp's earnings last quarter? Farmers & Merchants Bancorp, Inc. (NASDAQ:FMAO) posted its earnings results on Wednesday, April, 19th. The financial services provider reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.57 by $0.09. The financial services provider had revenue of $25.86 million for the quarter, compared to the consensus estimate of $26.40 million. Farmers & Merchants Bancorp had a net margin of 24.42% and a trailing twelve-month return on equity of 11.18%. 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, March 21st. Investors of record on Saturday, April 1st will be given a dividend of $0.21 per share on Thursday, April 20th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for FMAO. What ETFs hold Farmers & Merchants Bancorp's stock? ETFs with the largest weight of Farmers & Merchants Bancorp (NASDAQ:FMAO) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), First Trust NASDAQ ABA Community Bank Index Fund (QABA), 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 4.05%. 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 36.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMAO will have a dividend payout ratio of 42.64% 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? Farmers & Merchants Bancorp's stock split before market open on Thursday, September 21st 2017. The 2-1 split was announced on Friday, August 18th 2017. The newly issued shares were distributed to shareholders after the market closes 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.83%), Geode Capital Management LLC (1.70%), State Street Corp (1.39%), Dimensional Fund Advisors LP (0.71%), Mendel Money Management (0.65%) and Bank of New York Mellon Corp (0.34%). Insiders that own company stock include Andrew J Briggs, Andrew J Briggs, David P Vernon, Eugene N Burkholder, Jo Ellen Hornish, Lars B Eller, Paul S Siebenmorgen 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 $19.89. How much money does Farmers & Merchants Bancorp make? Farmers & Merchants Bancorp (NASDAQ:FMAO) has a market capitalization of $271.10 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 $2.31 on an earnings per share basis. How many employees does Farmers & Merchants Bancorp have? The company employs 385 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 6/1/2023 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. 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