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NASDAQ:HBMDHoward Bancorp Stock Price, Forecast & News

$12.10
+1.05 (+9.50 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$11.51
Now: $12.10
$12.32
50-Day Range
$9.06
MA: $10.06
$11.79
52-Week Range
$8.44
Now: $12.10
$19.20
Volume36,642 shs
Average Volume29,796 shs
Market Capitalization$226.51 million
P/E Ratio14.40
Dividend YieldN/A
Beta0.6
Howard Bancorp, Inc. operates as the bank holding company for Howard Bank that provides commercial banking, mortgage banking, and consumer finance products and services to businesses, business owners, professionals, and other consumers. The company offers various consumer and business deposit products, including demand, money market, savings, individual retirement, and commercial and retail checking accounts, as well as certificates of deposit. It also provides commercial loans, such as lines of credit, revolving credit facilities, accounts receivable and inventory financing, term loans, equipment loans, small business administration loans, stand-by letters of credit, and unsecured loans; commercial mortgage loans for owner occupied and investment properties; construction loans; residential mortgage loans; and secured and unsecured consumer loans. In addition, the company offers wire transfer services; automated teller machines and check cards; and safe deposit boxes, as well as credit cards through a third party processor. Further, it provides Internet banking, merchant card, overnight sweep, and remote deposit capture services; and Mobiliti mobile banking, PopMoney, and eStatement products. As of December 31, 2018, the company operated through a network of 21 full service branches, as well as 11 mortgage and commercial lending offices located in Maryland. Howard Bancorp, Inc. was founded in 2004 and is headquartered in Baltimore, Maryland.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.24 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:HBMD
CUSIPN/A
Phone410-750-0020

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$112.47 million
Cash Flow$1.32 per share
Book Value$16.46 per share

Profitability

Net Income$16.88 million

Miscellaneous

Employees331
Market Cap$226.51 million
Next Earnings Date7/22/2020 (Estimated)
OptionableNot Optionable

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Howard Bancorp (NASDAQ:HBMD) Frequently Asked Questions

How has Howard Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Howard Bancorp's stock was trading at $12.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HBMD stock has decreased by 1.0% and is now trading at $12.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Howard Bancorp?

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

When is Howard Bancorp's next earnings date?

Howard Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Howard Bancorp.

How were Howard Bancorp's earnings last quarter?

Howard Bancorp Inc (NASDAQ:HBMD) announced its quarterly earnings results on Wednesday, April, 29th. The financial services provider reported $0.18 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.04. The financial services provider earned $20.89 million during the quarter, compared to analysts' expectations of $20 million. Howard Bancorp had a net margin of 14.42% and a return on equity of 5.69%. View Howard Bancorp's earnings history.

What price target have analysts set for HBMD?

1 brokers have issued 1-year price objectives for Howard Bancorp's shares. Their forecasts range from $17.50 to $17.50. On average, they expect Howard Bancorp's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Howard Bancorp.

Has Howard Bancorp been receiving favorable news coverage?

Media coverage about HBMD stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Howard Bancorp earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutHoward Bancorp.

Are investors shorting Howard Bancorp?

Howard Bancorp saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 112,600 shares, a decline of 6.6% from the April 30th total of 120,600 shares. Based on an average daily trading volume, of 52,500 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.0% of the company's stock are short sold. View Howard Bancorp's Current Options Chain.

Who are some of Howard Bancorp's key competitors?

What other stocks do shareholders of Howard Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Howard Bancorp investors own include General Electric (GE), Conduent (CNDT), Pfizer (PFE), Pieris Pharmaceuticals (PIRS), AbbVie (ABBV), Adient (ADNT), Amphenol (APH), Ford Motor (F), Huntington Bancshares (HBAN) and Tellurian (TELL).

Who are Howard Bancorp's key executives?

Howard Bancorp's management team includes the following people:
  • Ms. Mary Ann Scully, Chairman & CEO (Age 68)
  • Mr. Robert Dietrich Kunisch Jr., Pres & Director (Age 50)
  • Mr. George C. Coffman, Exec. VP, Treasurer & CFO (Age 56)
  • Mr. Charles E. Schwabe, Exec. VP, Chief Risk Officer & Sec. (Age 64)
  • Mr. Steven M. Poynot, Exec. VP & Chief Information Officer (Age 40)

What is Howard Bancorp's stock symbol?

Howard Bancorp trades on the NASDAQ under the ticker symbol "HBMD."

Who are Howard Bancorp's major shareholders?

Howard Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Patriot Financial Partners GP LP (11.58%), BlackRock Inc. (3.95%), The Manufacturers Life Insurance Company (3.04%), Mendon Capital Advisors Corp (2.91%), Elizabeth Park Capital Advisors Ltd. (1.51%) and State Street Corp (1.29%). Company insiders that own Howard Bancorp stock include Charles E Schwabe, Donna Hill Staton, Frank K Turner Jr, George C Coffman, Jack E Steil, John J Keenan, Mary Ann Scully, Neill Thomas P O, Priam Capital Fund I, Lp, Richard G Arnold, Robert D Jr Kunisch, Robert L Carpenter Jr, Robert W Jr Smith, Steven Drew Mckone, Steven Poynot and Thomas Randy Jones. View institutional ownership trends for Howard Bancorp.

Which major investors are selling Howard Bancorp stock?

HBMD stock was sold by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, Banc Funds Co. LLC, Victory Capital Management Inc., Victory Capital Management Inc., Morgan Stanley, The Manufacturers Life Insurance Company , New York State Common Retirement Fund, and UBS Group AG. Company insiders that have sold Howard Bancorp company stock in the last year include Priam Capital Fund I, Lp, and Steven Poynot. View insider buying and selling activity for Howard Bancorp.

Which major investors are buying Howard Bancorp stock?

HBMD stock was bought by a variety of institutional investors in the last quarter, including Patriot Financial Partners GP LP, BDO Wealth Advisors LLC, BlackRock Inc., Geode Capital Management LLC, Elizabeth Park Capital Advisors Ltd., Fourthstone LLC, Alliancebernstein L.P., and State Street Corp. Company insiders that have bought Howard Bancorp stock in the last two years include Charles E Schwabe, Donna Hill Staton, Frank K Turner Jr, George C Coffman, Jack E Steil, John J Keenan, Mary Ann Scully, Neill Thomas P O, Richard G Arnold, Robert D Jr Kunisch, Robert L Carpenter Jr, Robert W Jr Smith, Steven Drew Mckone, and Thomas Randy Jones. View insider buying and selling activity for Howard Bancorp.

How do I buy shares of Howard Bancorp?

Shares of HBMD 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 Howard Bancorp's stock price today?

One share of HBMD stock can currently be purchased for approximately $12.10.

How big of a company is Howard Bancorp?

Howard Bancorp has a market capitalization of $226.51 million and generates $112.47 million in revenue each year. The financial services provider earns $16.88 million in net income (profit) each year or $1.01 on an earnings per share basis. Howard Bancorp employs 331 workers across the globe.

What is Howard Bancorp's official website?

The official website for Howard Bancorp is www.howardbank.com.

How can I contact Howard Bancorp?

Howard Bancorp's mailing address is 3301 BOSTON STREET, BALTIMORE MD, 21224. The financial services provider can be reached via phone at 410-750-0020.

This page was last updated on 6/7/2020 by MarketBeat.com Staff

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