NASDAQ:HBMD - Howard Bancorp Stock Price, Price Target & More

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$18.55 +0.15 (+0.82 %)

(As of 05/25/2018 04:33 AM ET)

Previous Close$18.40

Today's Range$18.27 - $18.85

52-Week Range$16.70 - $24.20

Volume19,800 shs

Average Volume41,270 shs

Market Capitalization$182.78 million

P/E Ratio23.48

Dividend YieldN/A

Beta-0.05

About Howard Bancorp (NASDAQ:HBMD)

Howard Bancorp, Inc. operates as the bank holding company for Howard Bank that 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 deposits, money market accounts, savings accounts, individual retirement accounts, and commercial and retail checking accounts, as well as certificates of deposit. It also 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 investor 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, 2017, the company operated through a network of 14 full service branches located in Maryland. Howard Bancorp, Inc. was founded in 2004 and is headquartered in Ellicott City, Maryland.

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Industry, Sector and Symbol

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

SymbolNASDAQ:HBMD

CUSIPN/A

Webwww.howardbank.com

Phone410-750-0020

Debt

Debt-to-Equity Ratio0.25

Current Ratio1.00

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio23.48

Forward P/E Ratio16.13

P/E GrowthN/A

Sales & Book Value

Annual Sales$62.55 million

Price / Sales2.92

Cash Flow$0.8897 per share

Price / Cash20.85

Book Value$29.68 per share

Price / Book0.63

Profitability

EPS (Most Recent Fiscal Year)$0.79

Net Income$7.20 million

Net Margins-0.06%

Return on Equity4.50%

Return on Assets0.56%

Miscellaneous

Employees306

Outstanding Shares9,830,000

Howard Bancorp (NASDAQ:HBMD) Frequently Asked Questions

What is Howard Bancorp's stock symbol?

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

How were Howard Bancorp's earnings last quarter?

Howard Bancorp (NASDAQ:HBMD) posted its earnings results on Monday, April, 30th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.05. The financial services provider had revenue of $16.85 million for the quarter, compared to analysts' expectations of $18.19 million. Howard Bancorp had a positive return on equity of 4.50% and a negative net margin of 0.06%. View Howard Bancorp's Earnings History.

What price target have analysts set for HBMD?

4 Wall Street analysts have issued twelve-month target prices for Howard Bancorp's shares. Their forecasts range from $21.00 to $23.00. On average, they expect Howard Bancorp's stock price to reach $22.3333 in the next year. View Analyst Ratings for Howard Bancorp.

Who are some of Howard Bancorp's key competitors?

Some companies that are related to Howard Bancorp include Luther Burbank (LBC), Merchants Bancorp (MBIN), Heritage Commerce (HTBK), QCR (QCRH), Fidelity Southern (LION), Byline Bancorp (BY), People's Utah Bancorp (PUB), OFG Bancorp (OFG), Independent Bank (IBCP), Mercantile Bank (MBWM), HarborOne Bancorp (HONE), Equity BancShares (EQBK), Old Line Bancshares (OLBK), Allegiance Bancshares (ABTX) and First Community Bancshares (FCBC).

Who are Howard Bancorp's key executives?

Howard Bancorp's management team includes the folowing people:

Ms. Mary Ann Scully, Chairman & CEO (Age 67)
Mr. George C. Coffman, Exec. VP, Treasurer & CFO (Age 55)
Mr. James D. Witty, Exec. VP & Chief Commercial Banking Officer (Age 51)
Mr. Robert Dietrich Kunisch Jr., Pres & Director (Age 49)
Mr. Steven M. Poynot, Exec. VP & Chief Admin. Officer

Has Howard Bancorp been receiving favorable news coverage?

News headlines about HBMD stock have been trending somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Howard Bancorp earned a daily sentiment score of 0.22 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 46.78 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Howard Bancorp's major shareholders?

Howard Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include EJF Capital LLC (8.63%), The Manufacturers Life Insurance Company (5.27%), BlackRock Inc. (4.07%), RMB Capital Management LLC (3.62%), Mendon Capital Advisors Corp (2.91%) and Hilton Capital Management LLC (2.13%). Company insiders that own Howard Bancorp stock include Andrew E Clark, Donna Hill Staton, James D Witty, John J Keenan, Karen D Mcgraw, Mary Ann Scully, Robert J Hartson, Robert W Jr Smith and Steven Poynot. View Institutional Ownership Trends for Howard Bancorp.

Which institutional investors are selling Howard Bancorp stock?

HBMD stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC, JPMorgan Chase & Co. and BlackRock Inc.. Company insiders that have sold Howard Bancorp company stock in the last year include Robert J Hartson and Steven Poynot. View Insider Buying and Selling for Howard Bancorp.

Which institutional investors are buying Howard Bancorp stock?

HBMD stock was acquired by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Mendon Capital Advisors Corp, The Manufacturers Life Insurance Company , Stifel Financial Corp, Banc Funds Co. LLC, Dimensional Fund Advisors LP, ELCO Management Co. LLC and Trexquant Investment LP. Company insiders that have bought Howard Bancorp stock in the last two years include Donna Hill Staton, James D Witty, John J Keenan, Karen D Mcgraw, Mary Ann Scully and Robert W Jr Smith. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Howard Bancorp's stock price today?

One share of HBMD stock can currently be purchased for approximately $18.55.

How big of a company is Howard Bancorp?

Howard Bancorp has a market capitalization of $182.78 million and generates $62.55 million in revenue each year. The financial services provider earns $7.20 million in net income (profit) each year or $0.79 on an earnings per share basis. Howard Bancorp employs 306 workers across the globe.

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.

MarketBeat Community Rating for Howard Bancorp (HBMD)

Community Ranking:		2.6 out of 5 ( )
Outperform Votes:		71 (Vote Outperform)
Underperform Votes:		67 (Vote Underperform)
Total Votes:		138

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

Howard Bancorp (NASDAQ:HBMD) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

4 Wall Street analysts have issued ratings and price targets for Howard Bancorp in the last 12 months. Their average twelve-month price target is $22.3333, suggesting that the stock has a possible upside of 20.40%. The high price target for HBMD is $23.00 and the low price target for HBMD is $21.00. There are currently 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	3.25	3.25	3.25	3.33
Ratings Breakdown:	0 Sell Rating(s) 0 Hold Rating(s) 3 Buy Rating(s) 1 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 3 Buy Rating(s) 1 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 3 Buy Rating(s) 1 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 2 Buy Rating(s) 1 Strong Buy Rating(s)
Consensus Price Target:	$22.3333	$22.3333	$22.3333	$22.00
Price Target Upside:	20.40% upside	19.11% upside	19.11% upside	1.38% upside

Howard Bancorp (NASDAQ:HBMD) Consensus Price Target History

Price Target History for Howard Bancorp (NASDAQ:HBMD)

Howard Bancorp (NASDAQ:HBMD) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
2/9/2018	Merion Capital Group	Upgrade	Neutral ➝ Outperform	$23.00	Medium
10/20/2017	Raymond James	Reiterated Rating	Strong-Buy ➝ Outperform	$22.00 ➝ $23.00	N/A
8/21/2017	UBS	Upgrade	Outperform ➝ Strong-Buy		High
8/18/2017	Stephens	Upgrade	Equal Weight ➝ Overweight	$21.00	High

(Data available from 5/25/2016 forward)

Howard Bancorp (NASDAQ:HBMD) Earnings History and Estimates Chart

Earnings by Quarter for Howard Bancorp (NASDAQ:HBMD)

Howard Bancorp (NASDAQ:HBMD) Earnings Estimates

Current Year EPS Consensus Estimate: $1.15 EPS
Next Year EPS Consensus Estimate: $1.51 EPS

Howard Bancorp (NASDAQ HBMD) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
4/30/2018	Q1 2018	$0.1850	$0.14	$18.19 million	$16.85 million	View	N/A
1/22/2018	Q4 2017	$0.22	$0.21	$15.35 million	$14.53 million	View	N/A
10/19/2017	Q3	$0.23	$0.17	$15.20 million	$14.86 million	View	N/A
7/19/2017	Q2 2017	$0.21	$0.2070	$13.95 million	$14.81 million	View	N/A
4/20/2017	Q1 2017	$0.18	$0.18	$12.39 million	$13.21 million	View	N/A
1/19/2017	Q4 2016	$0.24	$0.13		$11.49 million	View	N/A
10/18/2016	Q316	$0.23	$0.25		$13.03 million	View	N/A
7/21/2016	Q2 2016	$0.17	$0.22		$12.95 million	View	N/A
4/22/2016	Q1 2016	$0.24	$0.13		$18.32 million	View	N/A
1/27/2016	Q4 2015		$0.22		$11.91 million	View	N/A
10/30/2015	Q3 2015		$0.20		$10.94 million	View	N/A
7/17/2015	Q2 2015		$0.16		$10.24 million	View	N/A
4/23/2015	Q1 2015		$0.15		$9.12 million	View	N/A
1/20/2015	Q4 2014		$2.21		$24.93 million	View	N/A
11/4/2014	Q3 2014		$0.05		$7.34 million	View	N/A
7/17/2014	Q2 2014		$0.17		$6.89 million	View	N/A
4/25/2014	Q1 2014		$0.06		$5.05 million	View	N/A
1/16/2014	Q4		$0.13		$4.75 million	View	N/A
10/22/2013	Q3 2013		$0.09		$4.48 million	View	N/A
7/18/2013	Q2 2013		$0.12		$4.03 million	View	N/A
4/18/2013	Q1 2013		$0.10		$3.88 million	View	N/A
1/17/2013	Q412		$0.31			View	N/A
10/30/2012	Q3 2012		$0.06			View	N/A
7/31/2012	Q2 2012		$0.09			View	N/A
6/27/2012	Q1 2012		$0.09			View	N/A
7/22/2010	Q2 2010		$0.08			View	N/A

(Earnings results data provided by Zacks Investment Research)

Howard Bancorp (NASDAQ:HBMD) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Howard Bancorp (NASDAQ HBMD) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 10.59%
Institutional Ownership Percentage: 73.27%

Insider Trading History for Howard Bancorp (NASDAQ:HBMD)

Institutional Ownership by Quarter for Howard Bancorp (NASDAQ:HBMD)

Howard Bancorp (NASDAQ HBMD) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/14/2018	Robert W Jr. Smith	Director	Buy	1,300	$18.43	$23,959.00	35,678
12/19/2017	Robert J Hartson	Director	Sell	7,500	$23.15	$173,625.00	159,276
9/19/2017	Steven Poynot	EVP	Sell	1,334	$20.46	$27,293.64	167
2/7/2017	Karen D Mcgraw	Director	Buy	500	$18.12	$9,060.00	4,206
2/2/2017	James D Witty	EVP	Buy	1,350	$15.00	$20,250.00	2,350
2/2/2017	Mary Ann Scully	CEO	Buy	2,000	$15.00	$30,000.00	129,020
2/2/2017	Robert W Jr. Smith	Director	Buy	4,500	$15.00	$67,500.00	33,070
2/1/2017	John J Keenan	Director	Buy	2,000	$15.00	$30,000.00	6,337
12/1/2016	Donna Hill Staton	Director	Buy	675	$14.64	$9,882.00	9,318
10/31/2016	Andrew E Clark	Director	Sell	16,172	$13.40	$216,704.80	33,426
5/16/2016	James D Witty	EVP	Buy	1,000	$12.95	$12,950.00	1,000
5/5/2016	Karen D Mcgraw	Director	Buy	1,541	$12.97	$19,986.77	3,457
6/16/2015	John J Keenan	Director	Buy	1,600	$13.75	$22,000.00
5/21/2015	Dennis Finnegan	EVP	Buy	1,000	$13.96	$13,960.00
3/12/2015	Richard Joseph Morgan	Director	Buy	1,800	$13.90	$25,020.00
8/14/2013	Robert W Jr. Smith	Director	Buy	2,756	$8.20	$22,599.20
8/13/2013	Robert W Jr. Smith	Director	Buy	1,344	$8.25	$11,088.00
3/12/2013	Robert J Hartson	Director	Buy	1,968	$6.85	$13,480.80
2/20/2013	Robert J Hartson	Director	Buy	2,000	$6.89	$13,780.00
12/21/2012	Robert J Hartson	Director	Buy	1,000	$6.50	$6,500.00
11/28/2012	Robert J Hartson	Director	Buy	1,000	$7.00	$7,000.00
9/10/2012	Robert J Hartson	Director	Buy	1,474	$7.06	$10,406.44

(Data available from 1/1/2013 forward)

Howard Bancorp (NASDAQ HBMD) News Headlines

Source:

Date	Headline
	Profit for Maryland banks rises 23 percent in first quarter finance.yahoo.com - May 22 at 3:32 PM
	Howard Bancorp (HBMD) Given Consensus Rating of "Buy" by Analysts www.americanbankingnews.com - May 20 at 8:14 AM
	Howard Bancorp (HBMD) Lowered to Strong Sell at Zacks Investment Research www.americanbankingnews.com - May 4 at 12:20 AM
	Howard Bancorp misses by $0.05, misses on revenue seekingalpha.com - May 1 at 10:35 AM
	Howard Bancorp, Inc. Reports First Quarter 2018 Results with the Acquisition of First Mariner Bank finance.yahoo.com - May 1 at 10:35 AM
	Howard Bancorp: 1Q Earnings Snapshot finance.yahoo.com - May 1 at 10:35 AM
	Howard Bancorp (HBMD) Issues Earnings Results, Misses Estimates By $0.04 EPS www.americanbankingnews.com - May 1 at 10:10 AM
	Howard Bancorp (HBMD) Receives Average Rating of "Buy" from Brokerages www.americanbankingnews.com - April 25 at 10:00 AM
	Interested In Howard Bancorp Inc (NASDAQ:HBMD)? Here’s What Its Recent Performance Looks Like finance.yahoo.com - April 18 at 10:47 AM
	Howard Bancorp (HBMD) Scheduled to Post Quarterly Earnings on Wednesday www.americanbankingnews.com - April 11 at 1:34 AM
	Howard Bancorp (HBMD) Lowered to Outperform at UBS www.americanbankingnews.com - April 11 at 12:11 AM
	Howard Bancorp (HBMD) Receives "Outperform" Rating from Raymond James Financial www.americanbankingnews.com - April 10 at 10:31 PM
	Howard Bancorp (HBMD) Downgraded to C+ at TheStreet www.americanbankingnews.com - April 9 at 9:46 PM
	Howard Bancorp Inc (HBMD) Receives Average Recommendation of "Buy" from Analysts www.americanbankingnews.com - March 31 at 7:50 AM
	Howard Bancorp (HBMD) Rating Increased to Hold at Zacks Investment Research www.americanbankingnews.com - March 28 at 11:56 AM
	BRIEF-Priam Capital Fund Reports 14.96 Pct Stake In Howard Bancorp www.reuters.com - March 14 at 11:20 AM
	Zacks Investment Research Lowers Howard Bancorp (HBMD) to Strong Sell www.americanbankingnews.com - March 14 at 12:00 AM
	Howard Bancorp Inc (HBMD) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - March 6 at 10:48 AM
	Banc Funds Co. LLC Trims Holdings in Howard Bancorp Inc (HBMD) www.americanbankingnews.com - March 4 at 4:42 AM
	Here's how much Howard Bank executives made after closing First Mariner deal finance.yahoo.com - March 2 at 3:38 PM
	Howard Bancorp Completes Acquisition of First Mariner Bank, Progresses on Integration and Relocation finance.yahoo.com - March 1 at 10:35 AM
	Brown Advisory Inc. Sells 3,977 Shares of Howard Bancorp Inc (HBMD) www.americanbankingnews.com - February 27 at 5:06 AM
	Howard Bancorp Inc (HBMD) Shares Bought by Victory Capital Management Inc. www.americanbankingnews.com - February 25 at 5:54 AM
	Howard Bancorp (HBMD) Downgraded by Zacks Investment Research www.americanbankingnews.com - February 18 at 5:24 PM
	When First Mariner Bank's signs will come down and which branches will be closing www.bizjournals.com - February 17 at 3:26 PM
	Howard Bancorp Inc (HBMD) Director Robert W. Jr. Smith Buys 1,300 Shares www.americanbankingnews.com - February 15 at 10:18 AM
	Howard Bank's acquisition of First Mariner wins regulatory approval finance.yahoo.com - February 13 at 8:12 AM
	Howard Bancorp (HBMD) Lifted to "Outperform" at Merion Capital Group www.americanbankingnews.com - February 10 at 6:22 PM
	Attractive Relative Valuation Fetches Howard Bancorp An Upgrade finance.yahoo.com - February 9 at 6:29 PM
	Howard Bancorp Inc (HBMD) Receives Consensus Rating of "Buy" from Brokerages www.americanbankingnews.com - February 9 at 2:34 PM
	Zacks: Howard Bancorp Inc (HBMD) Given Consensus Rating of "Buy" by Analysts www.americanbankingnews.com - January 31 at 1:20 PM
	Howard Bancorp, Inc. Reports 2017 Results with Strong Organic Growth, Increasing Revenues, Higher Capital Levels and the Pending Acquisition of First Mariner Bank finance.yahoo.com - January 23 at 5:04 PM
	Howard Bancorp Inc (HBMD) Given Consensus Recommendation of "Buy" by Analysts www.americanbankingnews.com - January 16 at 9:56 AM
	Howard Bancorp (HBMD) Stock Rating Upgraded by Zacks Investment Research www.americanbankingnews.com - January 11 at 12:10 AM
	Howard Bancorp (HBMD) Scheduled to Post Earnings on Wednesday www.americanbankingnews.com - January 10 at 1:08 AM
	Howard Bancorp (HBMD) versus Its Peers Financial Analysis www.americanbankingnews.com - January 2 at 11:10 PM
	Zacks: Howard Bancorp, Inc. (HBMD) Given Consensus Recommendation of "Buy" by Analysts www.americanbankingnews.com - January 1 at 3:52 AM
	ETFs with exposure to Howard Bancorp, Inc. (Maryland) : December 29, 2017 finance.yahoo.com - December 29 at 4:05 PM
	Howard Bancorp, Inc. (HBMD) Given Consensus Recommendation of "Buy" by Analysts www.americanbankingnews.com - December 28 at 1:44 PM
	Contrasting Howard Bancorp (HBMD) and Its Peers www.americanbankingnews.com - December 28 at 8:48 AM
	Howard Bancorp (HBMD) Upgraded to Hold at Zacks Investment Research www.americanbankingnews.com - December 26 at 11:32 PM
	Howard Bancorp, Inc. (HBMD) Director Sells $173,625.00 in Stock www.americanbankingnews.com - December 19 at 5:56 PM
	Critical Review: Howard Bancorp (HBMD) versus The Competition www.americanbankingnews.com - December 16 at 1:30 PM
	Comparing Howard Bancorp (HBMD) & The Competition www.americanbankingnews.com - December 15 at 9:30 PM
	Reviewing Howard Bancorp (HBMD) & Its Rivals www.americanbankingnews.com - December 15 at 7:10 PM
	Howard Bancorp, Inc. (HBMD) Receives Consensus Rating of "Buy" from Brokerages www.americanbankingnews.com - December 11 at 6:28 PM
	Head to Head Analysis: Howard Bancorp (HBMD) & Its Peers www.americanbankingnews.com - December 10 at 11:32 PM
	Reviewing Howard Bancorp (HBMD) & The Competition www.americanbankingnews.com - December 8 at 11:54 AM
	Zacks: Brokerages Set $23.00 Target Price for Howard Bancorp, Inc. (HBMD) www.americanbankingnews.com - December 7 at 8:02 AM
	Zacks: Brokerages Set $23.00 Price Target for Howard Bancorp, Inc. (HBMD) www.americanbankingnews.com - December 3 at 4:14 PM

Howard Bancorp (NASDAQ:HBMD) SEC Filings

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Howard Bancorp (NASDAQ:HBMD) Income Statement, Balance Sheet and Cash Flow Statement

Howard Bancorp (NASDAQ HBMD) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff