NASDAQ:FMNBFarmers National Banc Stock Price, Forecast & News

$11.57

+0.18 (+1.58 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$11.35

Now: $11.57▼

$11.70

50-Day Range

$10.40

MA: $11.33▼

$12.99

52-Week Range

$9.82

Now: $11.57▼

$16.50

Volume8,737 shs

Average Volume78,766 shs

Market Capitalization$326.04 million

P/E Ratio8.97

Dividend Yield3.99%

Beta0.94

Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services. It also provides personal and corporate trust services in the areas of estate settlement, trust administration, and employee benefit plans; retirement services; property and casualty insurance products and services; and various insurance products through licensed representatives, as well as invests in municipal securities. The company operates in through 39 locations and two-branch locations in southwestern Pennsylvania. Farmers National Banc Corp. was founded in 1887 and is headquartered in Canfield, Ohio.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Farmers National Banc has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.50, Farmers National Banc has a potential upside of 33.6% from its current price of $11.60.
Amount of Analyst Coverage
Farmers National Banc has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Farmers National Banc has received 167 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Farmers National Banc has received 236 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Farmers National Banc has received 58.56% “underperform” votes from our community.

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

3.3 Dividend Strength

Dividend Leadership
Farmers National Banc is a leading dividend payer. It pays a dividend yield of 3.99%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Farmers National Banc has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Farmers National Banc is 34.11 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Farmers National Banc will have a dividend payout ratio of 44.00 % next year. This indicates that Farmers National Banc will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Farmers National Banc insiders have bought more of their company's stock than they have sold. Specifically, they have bought $264,369.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.71% of the stock of Farmers National Banc is held by insiders.
Percentage Held by Institutions
41.19% of the stock of Farmers National Banc is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Farmers National Banc are expected to decrease by -0.99% in the coming year, from $1.01 to $1.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Farmers National Banc is 8.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Farmers National Banc is 8.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.98.
Price to Book Value per Share Ratio
Farmers National Banc has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.79 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:FMNB

Previous Symbol

CUSIP30962710

CIK709337

Webwww.farmersbankgroup.com

Phone330-533-3341

Debt

Debt-to-Equity Ratio0.25

Current Ratio0.90

Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio8.97

Forward P/E Ratio11.46

P/E GrowthN/A

Sales & Book Value

Annual Sales$130.59 million

Price / Sales2.50

Cash Flow$1.56 per share

Price / Cash Flow7.43

Book Value$10.82 per share

Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$1.29

Net Income$35.76 million

Net Margins26.71%

Return on Equity12.61%

Return on Assets1.50%

Miscellaneous

Employees453

Outstanding Shares28,180,000

Market Cap$326.04 million

Next Earnings Date7/24/2020 (Estimated)

OptionableOptionable

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Farmers National Banc (NASDAQ:FMNB) Frequently Asked Questions

How has Farmers National Banc's stock been impacted by COVID-19 (Coronavirus)?

Farmers National Banc's stock was trading at $12.92 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FMNB shares have decreased by 10.2% and is now trading at $11.60. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Farmers National Banc?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farmers National Banc in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Farmers National Banc.

When is Farmers National Banc's next earnings date?

Farmers National Banc is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Farmers National Banc.

How were Farmers National Banc's earnings last quarter?

Farmers National Banc Corp (NASDAQ:FMNB) posted its quarterly earnings results on Wednesday, April, 29th. The bank reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.11. The bank had revenue of $30.02 million for the quarter, compared to the consensus estimate of $30.30 million. Farmers National Banc had a net margin of 26.71% and a return on equity of 12.61%. View Farmers National Banc's earnings history.

How often does Farmers National Banc pay dividends? What is the dividend yield for Farmers National Banc?

Farmers National Banc declared a quarterly dividend on Tuesday, February 25th. Stockholders of record on Friday, March 13th will be given a dividend of $0.11 per share on Tuesday, March 31st. This represents a $0.44 annualized dividend and a dividend yield of 3.79%. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Farmers National Banc's previous quarterly dividend of $0.10. View Farmers National Banc's dividend history.

What price target have analysts set for FMNB?

2 brokerages have issued 1 year price objectives for Farmers National Banc's shares. Their forecasts range from $15.50 to $15.50. On average, they expect Farmers National Banc's share price to reach $15.50 in the next year. This suggests a possible upside of 33.6% from the stock's current price. View analysts' price targets for Farmers National Banc.

Has Farmers National Banc been receiving favorable news coverage?

Media stories about FMNB stock have trended negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Farmers National Banc earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutFarmers National Banc.

Who are some of Farmers National Banc's key competitors?

Some companies that are related to Farmers National Banc include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

What other stocks do shareholders of Farmers National Banc own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Farmers National Banc investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Coty (COTY), First Data (FDC), Micron Technology (MU), Zynga (ZNGA), Ciena (CIEN) and Cypress Semiconductor (CY).

Who are Farmers National Banc's key executives?

Farmers National Banc's management team includes the following people:

Mr. Kevin J. Helmick, Pres, CEO & Director (Age 47)
Mr. Carl D. Culp, Sr. EVP, CFO, Treasurer & Sec. (Age 55)
Mr. Mark L. Graham, Exec. VP & Chief Credit Officer of Farmers Bank (Age 64)
Mr. Mark R. Witmer, Sr. EVP & Chief Banking Officer of Farmers Bank (Age 55)
Mr. Mark Joseph Wenick J.D., Exec. VP & Chief Wealth Management Officer of Farmers Bank (Age 60)

What is Farmers National Banc's stock symbol?

Farmers National Banc trades on the NASDAQ under the ticker symbol "FMNB."

Who are Farmers National Banc's major shareholders?

Farmers National Banc's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.38%), State Street Corp (1.83%), Beese Fulmer Investment Management Inc. (1.78%), Geode Capital Management LLC (1.42%), Elizabeth Park Capital Advisors Ltd. (1.35%) and Acadian Asset Management LLC (0.90%). Company insiders that own Farmers National Banc stock include Amber B Wallace, Brian E Jackson, Carl D Culp, David Z Paull, Edward Muransky, Gregg Strollo, Gregory C Bestic, Joseph W Sabat, Kevin J Helmick, Lance J Ciroli, Ralph D Macali and Terry A Moore. View institutional ownership trends for Farmers National Banc.

Which institutional investors are selling Farmers National Banc stock?

FMNB stock was sold by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd., Cetera Investment Advisers, Morgan Stanley, State Street Corp, Wells Fargo & Company MN, Beese Fulmer Investment Management Inc., Grantham Mayo Van Otterloo & Co. LLC, and UBS Group AG. View insider buying and selling activity for Farmers National Banc.

Which institutional investors are buying Farmers National Banc stock?

FMNB stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Acadian Asset Management LLC, JPMorgan Chase & Co., Two Sigma Investments LP, Assenagon Asset Management S.A., Aperio Group LLC, Geode Capital Management LLC, and Invesco Ltd.. Company insiders that have bought Farmers National Banc stock in the last two years include Amber B Wallace, Brian E Jackson, Carl D Culp, David Z Paull, Edward Muransky, Gregg Strollo, Gregory C Bestic, Joseph W Sabat, Kevin J Helmick, Lance J Ciroli, Ralph D Macali, and Terry A Moore. View insider buying and selling activity for Farmers National Banc.

How do I buy shares of Farmers National Banc?

Shares of FMNB 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 National Banc's stock price today?

One share of FMNB stock can currently be purchased for approximately $11.60.

How big of a company is Farmers National Banc?

Farmers National Banc has a market capitalization of $326.89 million and generates $130.59 million in revenue each year. The bank earns $35.76 million in net income (profit) each year or $1.29 on an earnings per share basis. Farmers National Banc employs 453 workers across the globe.

What is Farmers National Banc's official website?

The official website for Farmers National Banc is www.farmersbankgroup.com.

How can I contact Farmers National Banc?

Farmers National Banc's mailing address is 20 S BROAD STREET P O BOX 555, CANFIELD OH, 44406. The bank can be reached via phone at 330-533-3341 or via email at [email protected]

This page was last updated on 5/26/2020 by MarketBeat.com Staff