NASDAQ:MCBS MetroCity Bankshares Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MetroCity Bankshares Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.55 +0.23 (+1.87 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$12.25Now: $12.55▼$12.6050-Day Range$12.30MA: $13.71▼$14.8052-Week Range$8.31Now: $12.55▼$19.07Volume19,091 shsAverage Volume51,822 shsMarket Capitalization$322.21 millionP/E Ratio7.84Dividend Yield2.92%BetaN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media MetroCity Bankshares, Inc. operates as the holding company for Metro City Bank that offers banking products and services in Georgia, The United States. The company offers checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, money transfers, and other banking services. It operates through branches located in Duluth, Johns Creek, Suwanee and Norcross, Georgia; Opelika and Montgomery, Alabama; Centreville, Virginia; Grand Prairie and Dallas, Texas; Fort Lee, New Jersey; and Bayside, New York. The company was founded in 2006 and is based in Doraville, Georgia.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingMetroCity Bankshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.33, MetroCity Bankshares has a forecasted upside of 30.1% from its current price of $12.55.Amount of Analyst CoverageMetroCity Bankshares has received no research coverage in the past 90 days. Previous Next 1.6 Community Rank Outperform VotesMetroCity Bankshares has received 12 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMetroCity Bankshares has received 25 “underperform” votes. (Add your “underperform” vote.)Community SentimentMetroCity Bankshares has received 67.57% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about MetroCity Bankshares and other stocks. Vote “Outperform” if you believe MCBS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MCBS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldMetroCity Bankshares pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMetroCity Bankshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of MetroCity Bankshares is 19.89%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, MetroCity Bankshares will have a dividend payout ratio of 30.00% next year. This indicates that MetroCity Bankshares will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MetroCity Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $31,641.00 in company stock.Percentage Held by InsidersOnly 32.83% of the stock of MetroCity Bankshares is held by insiders.Percentage Held by InstitutionsOnly 13.90% of the stock of MetroCity Bankshares is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for MetroCity Bankshares are expected to decrease by -7.69% in the coming year, from $1.30 to $1.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MetroCity Bankshares is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of MetroCity Bankshares is 7.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.Price to Book Value per Share RatioMetroCity Bankshares has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 1.6Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.67 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MCBS Previous Symbol CUSIPN/A CIKN/A Webwww.metrocitybank.bank Phone770-455-4989Debt Debt-to-Equity Ratio0.41 Current Ratio1.20 Quick Ratio1.20Price-To-Earnings Trailing P/E Ratio7.84 Forward P/E Ratio9.65 P/E GrowthN/A Sales & Book Value Annual Sales$123.11 million Price / Sales2.62 Cash Flow$1.77 per share Price / Cash Flow7.09 Book Value$8.49 per share Price / Book1.48Profitability EPS (Most Recent Fiscal Year)$1.81 Net Income$44.72 million Net Margins35.12% Return on Equity18.78% Return on Assets2.46%Miscellaneous Employees203 Outstanding Shares25,674,000Market Cap$322.21 million Next Earnings Date10/22/2020 (Estimated) OptionableNot Optionable $12.55 +0.23 (+1.87 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MCBS News and Ratings via Email Sign-up to receive the latest news and ratings for MCBS and its competitors with MarketBeat's FREE daily newsletter. MetroCity Bankshares (NASDAQ:MCBS) Frequently Asked Questions How has MetroCity Bankshares' stock price been impacted by COVID-19? MetroCity Bankshares' stock was trading at $11.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MCBS stock has increased by 6.6% and is now trading at $12.55. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of MetroCity Bankshares? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MetroCity Bankshares in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MetroCity Bankshares. When is MetroCity Bankshares' next earnings date? MetroCity Bankshares is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for MetroCity Bankshares. How were MetroCity Bankshares' earnings last quarter? MetroCity Bankshares (NASDAQ:MCBS) issued its quarterly earnings results on Friday, July, 24th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.05. The company had revenue of $21.34 million for the quarter, compared to analysts' expectations of $20.40 million. MetroCity Bankshares had a return on equity of 18.78% and a net margin of 35.12%. View MetroCity Bankshares' earnings history. How often does MetroCity Bankshares pay dividends? What is the dividend yield for MetroCity Bankshares? MetroCity Bankshares declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Friday, July 31st will be paid a dividend of $0.09 per share on Friday, August 7th. This represents a $0.36 annualized dividend and a dividend yield of 2.87%. The ex-dividend date of this dividend is Thursday, July 30th. View MetroCity Bankshares' dividend history. What price target have analysts set for MCBS? 3 brokerages have issued 1-year target prices for MetroCity Bankshares' shares. Their forecasts range from $15.00 to $17.00. On average, they anticipate MetroCity Bankshares' share price to reach $16.33 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price. View analysts' price targets for MetroCity Bankshares. Who are some of MetroCity Bankshares' key competitors? Some companies that are related to MetroCity Bankshares include Renasant (RNST), TowneBank (TOWN), First Bancorp (FBP), Banner (BANR), Heartland Financial USA (HTLF), Lakeland Financial (LKFN), Live Oak Bancshares (LOB), Seacoast Banking Co. of Florida (SBCF), First Busey (BUSE), Oritani Financial (ORIT), Eagle Bancorp (EGBN), Veritex (VBTX), Southside Bancshares (SBSI), FB Financial (FBK) and Stock Yards Bancorp (SYBT). View all competitors. What other stocks do shareholders of MetroCity Bankshares own? Based on aggregate information from My MarketBeat watchlists, some companies that other MetroCity Bankshares investors own include Pfizer (PFE), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival (CCL), Canadian Imperial Bank of Commerce (CM) and Cinemark (CNK). Who are MetroCity Bankshares' key executives? MetroCity Bankshares' management team includes the following people: Mr. Nack Young Paek, Chairman & CEO (Age 76)Mr. Farid Tan, Pres, CFO & Director (Age 61)Mr. Howard Hwasaeng Kim, Exec. VP, Chief Lending Officer, COO & Director (Age 62)Mr. William M. Hungeling, Sec. & Director (Age 70)Mr. S. Benton Gunter, Exec. VP, Chief Admin. Officer & Assistant Sec. (Age 78) When did MetroCity Bankshares IPO? (MCBS) raised $28 million in an initial public offering (IPO) on Thursday, October 3rd 2019. The company issued 1,900,000 shares at a price of $14.50-$15.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Raymond James served as the underwriters for the IPO and Hovde Group was co-manager. What is MetroCity Bankshares' stock symbol? MetroCity Bankshares trades on the NASDAQ under the ticker symbol "MCBS." Who are MetroCity Bankshares' major shareholders? MetroCity Bankshares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (0.49%), Bank of New York Mellon Corp (0.41%), Goldman Sachs Group Inc. (0.28%), Nuveen Asset Management LLC (0.18%), California Public Employees Retirement System (0.15%) and Russell Investments Group Ltd. (0.06%). Company insiders that own MetroCity Bankshares stock include Feiying Lu, Howard Hwasaeng Kim and Sam Sang-Koo Shim. View institutional ownership trends for MetroCity Bankshares. Which major investors are selling MetroCity Bankshares stock? MCBS stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG. Company insiders that have sold MetroCity Bankshares company stock in the last year include Feiying Lu, Howard Hwasaeng Kim, and Sam Sang-Koo Shim. View insider buying and selling activity for MetroCity Bankshares. Which major investors are buying MetroCity Bankshares stock? MCBS stock was acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., California Public Employees Retirement System, Russell Investments Group Ltd., SG Americas Securities LLC, Nuveen Asset Management LLC, Bank of America Corp DE, and Bank of New York Mellon Corp. View insider buying and selling activity for MetroCity Bankshares. How do I buy shares of MetroCity Bankshares? Shares of MCBS 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 MetroCity Bankshares' stock price today? One share of MCBS stock can currently be purchased for approximately $12.55. How big of a company is MetroCity Bankshares? MetroCity Bankshares has a market capitalization of $322.21 million and generates $123.11 million in revenue each year. The company earns $44.72 million in net income (profit) each year or $1.81 on an earnings per share basis. MetroCity Bankshares employs 203 workers across the globe. What is MetroCity Bankshares' official website? The official website for MetroCity Bankshares is www.metrocitybank.bank. How can I contact MetroCity Bankshares? MetroCity Bankshares' mailing address is 5114 BUFORD HIGHWAY, DORAVILLE GA, 30340. The company can be reached via phone at 770-455-4989. 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