MELR - Melrose Bancorp Stock Price, News & Analysis

$18.65 -0.60 (-3.12 %)
(As of 11/24/2017 11:25 AM ET)
Previous Close$19.25
Today's Range$18.65 - $18.65
52-Week Range$15.70 - $20.00
Volume100 shs
Average Volume2,182 shs
Market Capitalization$48.50 million
P/E Ratio23.31
Dividend YieldN/A
Beta0.28

About Melrose Bancorp (NASDAQ:MELR)

Melrose Bancorp logoMelrose Bancorp, Inc. is the bank holding company of Melrose Cooperative Bank (the Bank). The Bank provides financial services to individuals, families and businesses through its banking office in Melrose, Massachusetts. The Bank's primary business activity consists of taking deposits from the general public in its market area and investing those deposits, together with funds generated from operations. The Bank also offers online and mobile banking services. The Bank's principal lending activity is originating one- to four-family residential real estate loans, and home equity loans and lines of credit. Its investment portfolio consists primarily of corporate debt securities, the United States Government and federal agency obligations, preferred stock, mortgage-backed securities, municipal obligations and marketable equity securities. The Bank's primary source of funds for use in lending and investment activities is deposits.


Industry, Sector and Symbol

Industry Commercial Banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:MELR
CUSIPN/A

Debt

Debt-to-Equity Ratio0.58%
Current Ratio1.14%
Quick Ratio1.14%

Price-To-Earnings

Trailing P/E Ratio23.31
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$8.64 million
Price / Sales5.61
Cash Flow$0.59 per share
Price / Cash31.47
Book Value$17.23 per share
Price / Book1.08

Dividend

Annual DividendN/A
Dividend YieldN/A

Profitability

Trailing EPS$0.80
Net Income$1.42 million
Net Margins20.36%
Return on Equity4.87%
Return on Assets0.75%

Miscellaneous

Employees27
Outstanding Shares2,600,000

Frequently Asked Questions for Melrose Bancorp (NASDAQ:MELR)

What is Melrose Bancorp's stock symbol?

Melrose Bancorp trades on the NASDAQ under the ticker symbol "MELR."

How will Melrose Bancorp's stock buyback program work?

Melrose Bancorp announced that its Board of Directors has approved a stock repurchase program on Friday, September 15th 2017, which authorizes the company to buyback 130,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were Melrose Bancorp's earnings last quarter?

Melrose Bancorp, Inc. (NASDAQ:MELR) issued its quarterly earnings data on Tuesday, March, 21st. The financial services provider reported $0.24 earnings per share for the quarter. The financial services provider had revenue of $2.10 million for the quarter. Melrose Bancorp had a net margin of 20.36% and a return on equity of 4.87%. View Melrose Bancorp's Earnings History.

Who are some of Melrose Bancorp's key competitors?

Who are Melrose Bancorp's key executives?

Melrose Bancorp's management team includes the folowing people:

  • Frank Giso III, Independent Chairman of the Board of company and Bank (Age 66)
  • Jeffrey D. Jones, President, Chief Executive Officer, Director of company and Bank (Age 52)
  • Diane Indorato, Chief Financial Officer, Senior Vice President of company and Bank (Age 59)
  • James E. Oosterman, Vice President - Lending of company and Bank (Age 54)
  • Candy Brower, Independent Director of company and Bank (Age 65)
  • William C. Huntress III, Independent Director of company and Bank (Age 59)
  • Elizabeth W. McNelis, Independent Director of company and Bank (Age 55)
  • F Peter Waystack, Independent Director od company and Bank (Age 69)
  • Alan F. Whitney, Independent Director company and Bank (Age 59)

Who owns Melrose Bancorp stock?

Melrose Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Maltese Capital Management LLC (4.97%). View Institutional Ownership Trends for Melrose Bancorp.

Who sold Melrose Bancorp stock? Who is selling Melrose Bancorp stock?

Melrose Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC. View Insider Buying and Selling for Melrose Bancorp.

How do I buy Melrose Bancorp stock?

Shares of Melrose Bancorp 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 Melrose Bancorp's stock price today?

One share of Melrose Bancorp stock can currently be purchased for approximately $18.65.

How big of a company is Melrose Bancorp?

Melrose Bancorp has a market capitalization of $48.50 million and generates $8.64 million in revenue each year. The financial services provider earns $1.42 million in net income (profit) each year or $0.80 on an earnings per share basis. Melrose Bancorp employs 27 workers across the globe.

How can I contact Melrose Bancorp?

Melrose Bancorp's mailing address is 638 MAIN STREET, MELROSE MA, 02176. The financial services provider can be reached via phone at 781-665-2500 or via email at [email protected]


MarketBeat Community Rating for Melrose Bancorp (MELR)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  40 (Vote Outperform)
Underperform Votes:  27 (Vote Underperform)
Total Votes:  67
MarketBeat's community ratings are surveys of what our community members think about Melrose Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Melrose Bancorp (NASDAQ:MELR)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Analysts' Consensus Price Target: N/A

Consensus Price Target History for Melrose Bancorp (NASDAQ:MELR)

Price Target History for Melrose Bancorp (NASDAQ:MELR)

Analysts' Ratings History for Melrose Bancorp (NASDAQ:MELR)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/30/2017Compass PointUpgradeNeutral -> BuyHighView Rating Details
(Data available from 11/24/2015 forward)

Earnings

Earnings History and Estimates Chart for Melrose Bancorp (NASDAQ:MELR)

Earnings by Quarter for Melrose Bancorp (NASDAQ:MELR)

Earnings History by Quarter for Melrose Bancorp (NASDAQ MELR)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/21/2017Q4 2016$0.24$2.10 millionViewN/AView Earnings Details
11/10/2016Q3 2016$0.16$1.82 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Melrose Bancorp (NASDAQ:MELR)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Melrose Bancorp (NASDAQ:MELR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Melrose Bancorp (NASDAQ MELR)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Melrose Bancorp (NASDAQ MELR)

Source:

Social Media

Financials

Financials are not available for this stock.

Chart

Melrose Bancorp (NASDAQ MELR) Chart for Friday, November, 24, 2017
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This page was last updated on 11/24/2017 by MarketBeat.com Staff

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