NASDAQ:FMAOFarmers & Merchants Bancorp, Inc. (OH) Stock Price, Forecast & News

$21.78

-0.39 (-1.76 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$21.23

Now: $21.78▼

$22.43

50-Day Range

$18.78

MA: $22.29▼

$24.86

52-Week Range

$17.40

Now: $21.78▼

$31.80

Volume6,937 shs

Average Volume14,272 shs

Market Capitalization$242.41 million

P/E Ratio12.52

Dividend Yield2.94%

Beta0.25

Farmers & Merchants Bancorp, Inc. operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking accounts; savings and time deposits, including certificates of deposit; and custodial services for individual retirement accounts and health savings accounts. It also provides commercial, agricultural, and residential mortgage, as well as consumer and credit card lending products; loans for farm land, farm equipment, and livestock; operating loans for seeds, fertilizers, and feeds; home improvements loans; and loans for autos, trucks, recreational vehicles, and motorcycles. In addition, the company offers commercial real estate loans, such as operation lines of credit and machinery purchase loans; and agricultural and consumer real estate, commercial and industrial, agricultural, and consumer loans, as well as industrial development bonds. Further, it provides automated teller machine services; and online banking, remote deposit capture or electronic deposit processing, merchant credit card, and mobile banking services. As of February 13, 2019, the company operated through 30 offices. Farmers & Merchants Bancorp, Inc. was founded in 1897 and is based in Archbold, Ohio.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Farmers & Merchants Bancorp, Inc. (OH) has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.00, Farmers & Merchants Bancorp, Inc. (OH) has a potential upside of 24.0% from its current price of $21.78.
Amount of Analyst Coverage
Farmers & Merchants Bancorp, Inc. (OH) has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Farmers & Merchants Bancorp, Inc. (OH) has received 178 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Farmers & Merchants Bancorp, Inc. (OH) has received 230 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Farmers & Merchants Bancorp, Inc. (OH) has received 56.37% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Farmers & Merchants Bancorp, Inc. (OH) and other stocks. Vote “Outperform” if you believe FMAO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FMAO will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Farmers & Merchants Bancorp, Inc. (OH) is a leading dividend payer. It pays a dividend yield of 2.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Farmers & Merchants Bancorp, Inc. (OH) has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Farmers & Merchants Bancorp, Inc. (OH) is 37.65 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Farmers & Merchants Bancorp, Inc. (OH) will have a dividend payout ratio of 42.11 % next year. This indicates that Farmers & Merchants Bancorp, Inc. (OH) will be able to sustain or increase its dividend.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Farmers & Merchants Bancorp, Inc. (OH) insiders have bought more of their company's stock than they have sold. Specifically, they have bought $97,906.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 9.96% of the stock of Farmers & Merchants Bancorp, Inc. (OH) is held by insiders.
Percentage Held by Institutions
Only 18.33% of the stock of Farmers & Merchants Bancorp, Inc. (OH) is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Farmers & Merchants Bancorp, Inc. (OH) are expected to decrease by -1.30% in the coming year, from $1.54 to $1.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Farmers & Merchants Bancorp, Inc. (OH) is 12.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Farmers & Merchants Bancorp, Inc. (OH) is 12.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.74.
Price to Book Value per Share Ratio
Farmers & Merchants Bancorp, Inc. (OH) has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.36 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FMAO

Previous Symbol

CUSIPN/A

CIK792966

Webwww.fm-bank.com

Phone419-446-2501

Debt

Debt-to-Equity Ratio0.23

Current Ratio0.98

Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio12.52

Forward P/E Ratio14.14

P/E GrowthN/A

Sales & Book Value

Annual Sales$80.13 million

Price / Sales3.03

Cash Flow$1.95 per share

Price / Cash Flow11.16

Book Value$21.25 per share

Price / Book1.02

Profitability

EPS (Most Recent Fiscal Year)$1.70

Net Income$18.40 million

Net Margins23.47%

Return on Equity7.82%

Return on Assets1.13%

Miscellaneous

Employees313

Outstanding Shares11,130,000

Market Cap$242.41 million

Next Earnings Date7/17/2020 (Estimated)

OptionableNot Optionable

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Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) Frequently Asked Questions

How has Farmers & Merchants Bancorp, Inc. (OH)'s stock been impacted by COVID-19 (Coronavirus)?

Farmers & Merchants Bancorp, Inc. (OH)'s stock was trading at $19.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FMAO stock has increased by 9.4% and is now trading at $21.78. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Farmers & Merchants Bancorp, Inc. (OH)?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farmers & Merchants Bancorp, Inc. (OH) in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Farmers & Merchants Bancorp, Inc. (OH).

When is Farmers & Merchants Bancorp, Inc. (OH)'s next earnings date?

Farmers & Merchants Bancorp, Inc. (OH) is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for Farmers & Merchants Bancorp, Inc. (OH).

How were Farmers & Merchants Bancorp, Inc. (OH)'s earnings last quarter?

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) issued its quarterly earnings results on Friday, April, 24th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.37. The financial services provider had revenue of $17.18 million for the quarter, compared to analysts' expectations of $16.40 million. Farmers & Merchants Bancorp, Inc. (OH) had a net margin of 23.47% and a return on equity of 7.82%. View Farmers & Merchants Bancorp, Inc. (OH)'s earnings history.

How often does Farmers & Merchants Bancorp, Inc. (OH) pay dividends? What is the dividend yield for Farmers & Merchants Bancorp, Inc. (OH)?

Farmers & Merchants Bancorp, Inc. (OH) declared a quarterly dividend on Monday, March 23rd. Investors of record on Tuesday, March 31st will be given a dividend of $0.16 per share on Monday, April 20th. This represents a $0.64 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date is Monday, March 30th. View Farmers & Merchants Bancorp, Inc. (OH)'s dividend history.

When did Farmers & Merchants Bancorp, Inc. (OH)'s stock split? How did Farmers & Merchants Bancorp, Inc. (OH)'s stock split work?

Shares of Farmers & Merchants Bancorp, Inc. (OH) split on Thursday, September 21st 2017. The 2-1 split was announced on Friday, August 18th 2017. The newly created shares were issued to shareholders after the closing bell on Wednesday, September 20th 2017. An investor that had 100 shares of Farmers & Merchants Bancorp, Inc. (OH) stock prior to the split would have 200 shares after the split.

What price target have analysts set for FMAO?

1 brokerages have issued 1 year target prices for Farmers & Merchants Bancorp, Inc. (OH)'s shares. Their forecasts range from $27.00 to $27.00. On average, they expect Farmers & Merchants Bancorp, Inc. (OH)'s stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price. View analysts' price targets for Farmers & Merchants Bancorp, Inc. (OH).

Has Farmers & Merchants Bancorp, Inc. (OH) been receiving favorable news coverage?

Media headlines about FMAO stock have been trending extremely negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Farmers & Merchants Bancorp, Inc. (OH) earned a media sentiment score of -4.6 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutFarmers & Merchants Bancorp, Inc. (OH).

Who are some of Farmers & Merchants Bancorp, Inc. (OH)'s key competitors?

Some companies that are related to Farmers & Merchants Bancorp, Inc. (OH) include OceanFirst Financial (OCFC), Provident Financial Services (PFS), Brookline Bancorp (BRKL), Kearny Financial (KRNY), First Defiance Financial (FDEF), Meta Financial Group (CASH), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), Waterstone Financial (WSBF), NASB Financial (NASB), Hometrust Bancshares (HTBI), Territorial Bancorp (TBNK), First Capital (FCAP), Provident Bancorp (PVBC) and BCB Bancorp (BCBP). View all competitors.

What other stocks do shareholders of Farmers & Merchants Bancorp, Inc. (OH) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Farmers & Merchants Bancorp, Inc. (OH) investors own include Marathon Petroleum (MPC), Mcdonald's (MCD), Columbia Banking System (COLB), Invesco (IVZ), IBM (IBM), ONEOK (OKE), Verizon Communications (VZ), Andersons (ANDE), American Express (AXP) and Bristol-Myers Squibb (BMY).

Who are Farmers & Merchants Bancorp, Inc. (OH)'s key executives?

Farmers & Merchants Bancorp, Inc. (OH)'s management team includes the following people:

Mr. Lars B. Eller, Pres, CEO & Director (Age 52)
Ms. Barbara J. Britenriker, Exec. VP, CFO & Chief Retail Banking Officer (Age 57)
Mr. Edward A. Leininger, Exec. VP & COO (Age 62)
Mr. Kevin J. Sauder, VP & Director (Age 58)
Mr. Rex D. Rice, Exec. VP & Sr. Commercial Banking Mang. (Age 60)

What is Farmers & Merchants Bancorp, Inc. (OH)'s stock symbol?

Farmers & Merchants Bancorp, Inc. (OH) trades on the NASDAQ under the ticker symbol "FMAO."

Who are Farmers & Merchants Bancorp, Inc. (OH)'s major shareholders?

Farmers & Merchants Bancorp, Inc. (OH)'s stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.30%), State Street Corp (1.52%), Geode Capital Management LLC (1.23%), F3Logic LLC (0.74%), Bank of New York Mellon Corp (0.70%) and Nuveen Asset Management LLC (0.37%). Company insiders that own Farmers & Merchants Bancorp, Inc. (OH) stock include Anthony Rupp, Jo Ellen Hornish, Lars B Eller, Marcia Sloan Latta and Paul S Siebenmorgen. View institutional ownership trends for Farmers & Merchants Bancorp, Inc. (OH).

Which institutional investors are selling Farmers & Merchants Bancorp, Inc. (OH) stock?

FMAO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, State Street Corp, UBS Group AG, Envestnet Asset Management Inc., Bank of New York Mellon Corp, and Legal & General Group Plc. View insider buying and selling activity for Farmers & Merchants Bancorp, Inc. (OH).

Which institutional investors are buying Farmers & Merchants Bancorp, Inc. (OH) stock?

FMAO stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Geode Capital Management LLC, BlackRock Inc., SG Americas Securities LLC, JPMorgan Chase & Co., Rhumbline Advisers, Advisor Group Holdings Inc., and Nuveen Asset Management LLC. Company insiders that have bought Farmers & Merchants Bancorp, Inc. (OH) stock in the last two years include Anthony Rupp, Jo Ellen Hornish, Lars B Eller, and Marcia Sloan Latta. View insider buying and selling activity for Farmers & Merchants Bancorp, Inc. (OH).

How do I buy shares of Farmers & Merchants Bancorp, Inc. (OH)?

Shares of FMAO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Farmers & Merchants Bancorp, Inc. (OH)'s stock price today?

One share of FMAO stock can currently be purchased for approximately $21.78.

How big of a company is Farmers & Merchants Bancorp, Inc. (OH)?

Farmers & Merchants Bancorp, Inc. (OH) has a market capitalization of $242.41 million and generates $80.13 million in revenue each year. The financial services provider earns $18.40 million in net income (profit) each year or $1.70 on an earnings per share basis. Farmers & Merchants Bancorp, Inc. (OH) employs 313 workers across the globe.

What is Farmers & Merchants Bancorp, Inc. (OH)'s official website?

The official website for Farmers & Merchants Bancorp, Inc. (OH) is www.fm-bank.com.

How can I contact Farmers & Merchants Bancorp, Inc. (OH)?

Farmers & Merchants Bancorp, Inc. (OH)'s mailing address is 307 NORTH DEFIANCE ST, ARCHBOLD OH, 43502. The financial services provider can be reached via phone at 419-446-2501.

This page was last updated on 5/24/2020 by MarketBeat.com Staff