NASDAQ:MCBS MetroCity Bankshares (MCBS) Stock Price, News & Analysis $31.97 +1.19 (+3.87%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$30.62▼$32.0050-Day Range$23.81▼$31.9752-Week Range$18.81▼$32.00Volume77,009 shsAverage Volume29,432 shsMarket Capitalization$805.96 millionP/E Ratio16.23Dividend Yield2.50%Price Target$32.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get MetroCity Bankshares alerts: Email Address MetroCity Bankshares MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.1% Upside$32.00 Price TargetShort InterestBearish1.05% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.93Upright™ Environmental ScoreNews Sentiment0.52Based on 22 Articles This WeekInsider TradingSelling Shares$4.09 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.91 out of 5 starsFinance Sector448th out of 898 stocksState Commercial Banks Industry101st out of 181 stocks 1.0 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, 1 hold rating, and no sell ratings.Amount of Analyst CoverageMetroCity Bankshares has only been the subject of 1 research reports in the past 90 days.Read more about MetroCity Bankshares' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.05% of the float of MetroCity Bankshares has been sold short.Short Interest Ratio / Days to CoverMetroCity Bankshares has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in MetroCity Bankshares has recently increased by 10.88%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldMetroCity Bankshares pays a meaningful dividend of 2.62%, 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 40.61%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about MetroCity Bankshares' dividend. Previous Next 2.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMetroCity Bankshares has received a 9.58% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer savings accounts", "Consumer transaction accounts", and "Wire transfer services" products. See details.Environmental SustainabilityThe Environmental Impact score for MetroCity Bankshares is -0.93. Previous Next 2.5 News and Social Media Coverage News SentimentMetroCity Bankshares has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 22 news articles for MetroCity Bankshares this week, compared to 1 article on an average week.MarketBeat Follows3 people have added MetroCity Bankshares to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MetroCity Bankshares insiders have sold 4,155.50% more of their company's stock than they have bought. Specifically, they have bought $96,066.00 in company stock and sold $4,088,089.00 in company stock.Percentage Held by Insiders27.49% of the stock of MetroCity Bankshares is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 25.33% of the stock of MetroCity Bankshares is held by institutions.Read more about MetroCity Bankshares' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MetroCity Bankshares is 16.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of MetroCity Bankshares is 16.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Book Value per Share RatioMetroCity Bankshares has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about MetroCity Bankshares' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHow a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…Click now to see for yourself what $0.25 Cent Trades is all about About MetroCity Bankshares Stock (NASDAQ:MCBS)MetroCity Bankshares, Inc. operates as the bank holding company for Metro City Bank that engages in the provision of banking products and services in the United States. It offers customary banking services, such as consumer and commercial checking accounts, savings, and money market accounts, as well as certificates of deposit. The company also provides commercial and consumer loans, including single family residential loans; construction and development, and owner and non-owner occupied commercial real estate loans; letters of credit; and commercial and industrial loans, residential mortgage loans, and SBA loans. In addition, it offers online banking services, which include access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions, such as remote check deposit with mobile bill pay; and automated teller machines and telephone banking services. Further, it provides debit cards for checking customers, direct deposits, and cashier's checks; treasury management services, including wire transfer, automated clearing house, and stop payments services; and cash management deposit products, such as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. The company was founded in 2006 and is headquartered in Atlanta, Georgia.Read More MCBS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MCBS Stock News HeadlinesJuly 25 at 6:54 AM | insidertrades.comMetroCity Bankshares, Inc. (NASDAQ:MCBS) Director Don Leung Sells 17,014 SharesJuly 19, 2024 | insidertrades.comInsider Selling: MetroCity Bankshares, Inc. (NASDAQ:MCBS) Director Sells 68,321 Shares of StockJuly 26, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 17, 2024 | insidertrades.comInsider Selling: MetroCity Bankshares, Inc. (NASDAQ:MCBS) Director Sells 26,205 Shares of StockJuly 26 at 7:40 PM | finance.yahoo.comInsider Sale: Director Don Leung Sells 20,065 Shares of MetroCity Bankshares Inc (MCBS)July 24 at 7:50 PM | finance.yahoo.comDirector Don Leung Sells 83,217 Shares of MetroCity Bankshares Inc (MCBS)July 23 at 8:30 AM | americanbankingnews.comMetroCity Bankshares (NASDAQ:MCBS) Stock Rating Reaffirmed by Keefe, Bruyette & WoodsJuly 23 at 1:25 AM | americanbankingnews.comMetroCity Bankshares (NASDAQ:MCBS) Sees Strong Trading Volume Following Earnings BeatJuly 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.July 22, 2024 | americanbankingnews.comMetroCity Bankshares (NASDAQ:MCBS) Announces Quarterly Earnings ResultsJuly 22, 2024 | markets.businessinsider.comKBW Gives a Hold Rating to MetroCity Bankshares (MCBS)July 22, 2024 | americanbankingnews.comMetroCity Bankshares (NASDAQ:MCBS) Announces Quarterly Earnings Results, Beats Estimates By $0.07 EPSJuly 19, 2024 | finance.yahoo.comDirector Don Leung Sells 123,734 Shares of MetroCity Bankshares Inc (MCBS)July 19, 2024 | seekingalpha.comMetroCity Bankshares declares $0.20 dividendJuly 19, 2024 | markets.businessinsider.comMetroCity Bankshares Q2 Profit Rises 29%July 19, 2024 | americanbankingnews.comMetroCity Bankshares, Inc. Declares Quarterly Dividend of $0.20 (NASDAQ:MCBS)July 19, 2024 | prnewswire.comMETROCITY BANKSHARES, INC. REPORTS EARNINGS FOR SECOND QUARTER 2024July 19, 2024 | americanbankingnews.comMetroCity Bankshares, Inc. (NASDAQ:MCBS) Declares Quarterly Dividend of $0.20See More Headlines Receive MCBS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MetroCity Bankshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/10 Dividend4/30/2024Dividend Payable5/10/2024Last Earnings7/19/2024Today7/26/2024Ex-Dividend for 8/9 Dividend7/31/2024Dividend Payable8/09/2024Next Earnings (Estimated)10/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryBanking Current SymbolNASDAQ:MCBS CUSIPN/A CIK1747068 Webwww.metrocitybank.bank Phone(770) 455-4989FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Target$32.00 High Stock Price Target$32.00 Low Stock Price Target$32.00 Potential Upside/Downside+0.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.97 Trailing P/E Ratio16.23 Forward P/E RatioN/A P/E GrowthN/ANet Income$51.61 million Net Margins24.20% Pretax Margin32.62% Return on Equity14.02% Return on Assets1.53% Debt Debt-to-Equity Ratio0.88 Current Ratio1.22 Quick Ratio1.20 Sales & Book Value Annual Sales$211.03 million Price / Sales3.82 Cash Flow$2.26 per share Price / Cash Flow14.15 Book Value$15.14 per share Price / Book2.11Miscellaneous Outstanding Shares25,210,000Free Float18,277,000Market Cap$805.96 million OptionableOptionable Beta0.60 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Nack Young Paek (Age 81)Chairman & CEO Comp: $1.16MMr. Farid Tan (Age 66)President & Director Comp: $1.16MMr. Howard Hwasaeng Kim (Age 67)Executive VP, Chief Lending Officer, COO & Director Comp: $1.08MMr. Sion Nyen Lai (Age 69)Secretary & Director Comp: $74.48kMr. Lucas C. Stewart (Age 45)Executive VP, CFO & Assistant Corporate Secretary Key CompetitorsMercantile BankNASDAQ:MBWMHBT FinancialNASDAQ:HBTFirst Community BanksharesNASDAQ:FCBCIndependent BankNASDAQ:IBCPBusiness First BancsharesNASDAQ:BFSTView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 2,049 shares on 7/26/2024Ownership: 0.489%Don LeungSold 9,554 sharesTotal: $296,842.78 ($31.07/share)Nack Y PaekSold 18,287 sharesTotal: $561,593.77 ($30.71/share)Don LeungSold 17,014 sharesTotal: $527,774.28 ($31.02/share)Don LeungSold 68,321 sharesTotal: $1.95 M ($28.59/share)View All Insider TransactionsView All Institutional Transactions MCBS Stock Analysis - Frequently Asked Questions How have MCBS shares performed this year? MetroCity Bankshares' stock was trading at $24.02 at the beginning of the year. Since then, MCBS stock has increased by 33.1% and is now trading at $31.97. View the best growth stocks for 2024 here. How were MetroCity Bankshares' earnings last quarter? MetroCity Bankshares, Inc. (NASDAQ:MCBS) announced its quarterly earnings data on Friday, July, 19th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.59 by $0.07. The firm had revenue of $59.67 million for the quarter. MetroCity Bankshares had a trailing twelve-month return on equity of 14.02% and a net margin of 24.20%. When did MetroCity Bankshares IPO? MetroCity Bankshares (MCBS) raised $28 million in an initial public offering on Thursday, October 3rd 2019. The company issued 1,900,000 shares at $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. Who are MetroCity Bankshares' major shareholders? MetroCity Bankshares' top institutional investors include Bank of New York Mellon Corp (0.49%). Insiders that own company stock include Nack Y Paek, Don Leung, Sam Sang-Koo Shim, William J Hungeling and Ajit A Patel. View institutional ownership trends. How do I buy shares of MetroCity Bankshares? Shares of MCBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of MetroCity Bankshares own? Based on aggregate information from My MarketBeat watchlists, some other companies that MetroCity Bankshares investors own include Pfizer (PFE), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS) and British American Tobacco (BTI). This page (NASDAQ:MCBS) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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