NASDAQ:HBMDHoward Bancorp Stock Price, Forecast & News

$10.65

-0.98 (-8.43 %)

(As of 05/29/2020 04:00 PM ET)

Add

Compare

Today's Range

$10.60

Now: $10.65▼

$11.93

50-Day Range

$9.06

MA: $10.13▼

$11.79

52-Week Range

$8.44

Now: $10.65▼

$19.20

Volume33,100 shs

Average Volume46,301 shs

Market Capitalization$199.33 million

P/E Ratio12.68

Dividend YieldN/A

Beta0.63

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.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Howard Bancorp 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 $17.50, Howard Bancorp has a potential upside of 64.3% from its current price of $10.65.
Amount of Analyst Coverage
Howard Bancorp has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
Howard Bancorp has received 180 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Howard Bancorp has received 206 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Howard Bancorp has received 53.37% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Howard Bancorp does not currently pay a dividend.
Dividend Growth
Howard Bancorp does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Howard Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $33,267.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 18.75% of the stock of Howard Bancorp is held by insiders.
Percentage Held by Institutions
54.05% of the stock of Howard Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Howard Bancorp are expected to decrease by -21.67% in the coming year, from $0.60 to $0.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Howard Bancorp is 12.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Howard Bancorp is 12.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.12.
Price to Book Value per Share Ratio
Howard Bancorp has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.24 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:HBMD

Previous Symbol

CUSIPN/A

CIK1390162

Webwww.howardbank.com

Phone410-750-0020

Debt

Debt-to-Equity Ratio1.18

Current Ratio1.09

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio12.68

Forward P/E Ratio17.75

P/E GrowthN/A

Sales & Book Value

Annual Sales$112.47 million

Price / Sales1.77

Cash Flow$1.10 per share

Price / Cash Flow9.67

Book Value$16.85 per share

Price / Book0.63

Profitability

EPS (Most Recent Fiscal Year)$1.01

Net Income$16.88 million

Net Margins14.42%

Return on Equity5.69%

Return on Assets0.75%

Miscellaneous

Employees331

Outstanding Shares18,716,000

Market Cap$199.33 million

Next Earnings Date7/22/2020 (Estimated)

OptionableNot Optionable

Receive HBMD News and Ratings via Email

Sign-up to receive the latest news and ratings for HBMD and its competitors with MarketBeat's FREE daily newsletter.

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. Since then, HBMD stock has decreased by 12.8% and is now trading at $10.65. 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) released its earnings results on Wednesday, April, 29th. The financial services provider reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.04. The financial services provider had revenue of $20.89 million for the quarter, compared to analyst estimates 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 Wall Street analysts have issued 12 month price targets 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 year. This suggests a possible upside of 64.3% from the stock's current price. View analysts' price targets for Howard Bancorp.

Has Howard Bancorp been receiving favorable news coverage?

Media stories about HBMD stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news 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. Howard Bancorp earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutHoward Bancorp.

Are investors shorting Howard Bancorp?

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

Who are some of Howard Bancorp's key competitors?

Some companies that are related to Howard Bancorp include German American Bancorp. (GABC), Great Western Bancorp (GWB), Oritani Financial (ORIT), Enterprise Financial Services (EFSC), Carolina Financial (CARO), FB Financial (FBK), Stock Yards Bancorp (SYBT), First Bancorp (FBNC), Republic Bancorp, Inc. KY (RBCAA), First Foundation (FFWM), OFG Bancorp (OFG), TrustCo Bank Corp NY (TRST), Triumph Bancorp (TBK), First National Bank Alaska (FBAK) and ConnectOne Bancorp (CNOB). View all 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 variety of retail and institutional investors. Top institutional investors 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 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 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 $10.65.

How big of a company is Howard Bancorp?

Howard Bancorp has a market capitalization of $199.33 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 5/29/2020 by MarketBeat.com Staff