NASDAQ:MELR - Melrose Bancorp Stock Price, Price Target & More

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$19.5640 -0.04 (-0.20 %)
(As of 05/24/2018 03:25 PM ET)
Previous Close$19.60
Today's Range$18.90 - $19.5640
52-Week Range$16.85 - $20.50
Volume14,832 shs
Average Volume2,786 shs
Market Capitalization$50.58 million
P/E Ratio24.01
Dividend Yield1.75%
Beta0.24

About Melrose Bancorp (NASDAQ:MELR)

Melrose Bancorp, Inc. operates as the bank holding company for Melrose Cooperative Bank that provides various banking products and services. The company accepts various deposits, such as noninterest-bearing demand accounts, money market accounts, savings accounts, NOW accounts, and certificates of deposit. Its loan products include one- to four-family residential real estate loans, home equity loans and lines of credit, commercial real estate loans, construction loans, and consumer loans. The company also provides online and mobile banking services; and buys, sells, and holds investment securities. It serves individuals, families, and businesses through a full-service banking office in Melrose, Massachusetts. Melrose Bancorp, Inc. was founded in 1890 and is based in Melrose, Massachusetts.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:MELR
CUSIPN/A
Phone781-665-2500

Debt

Debt-to-Equity Ratio0.88
Current Ratio1.20
Quick Ratio1.20

Price-To-Earnings

Trailing P/E Ratio24.01
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$10.58 million
Price / Sales4.81
Cash Flow$0.8954 per share
Price / Cash21.85
Book Value$17.08 per share
Price / Book1.15

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$1.80 million
Net Margins16.45%
Return on Equity4.35%
Return on Assets0.64%

Miscellaneous

Employees27
Outstanding Shares2,600,000

Melrose Bancorp (NASDAQ:MELR) Frequently Asked Questions

What is Melrose Bancorp's stock symbol?

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

How often does Melrose Bancorp pay dividends? What is the dividend yield for Melrose Bancorp?

Melrose Bancorp declared a Not Available dividend on Friday, January 19th. Stockholders of record on Monday, January 29th will be paid a dividend of $0.34 per share on Wednesday, February 14th. The ex-dividend date is Friday, January 26th. View Melrose Bancorp's Dividend History.

How will Melrose Bancorp's stock buyback program work?

Melrose Bancorp declared that its board has authorized a stock buyback plan on Friday, September 15th 2017, which permits the company to repurchase 130,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were Melrose Bancorp's earnings last quarter?

Melrose Bancorp (NASDAQ:MELR) issued its quarterly earnings results on Friday, March, 16th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. The financial services provider had revenue of $1.98 million for the quarter. Melrose Bancorp had a return on equity of 4.35% and a net margin of 16.45%. 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:
  • Mr. Jeffrey D. Jones, CEO, Pres & Director (Age 56)
  • Ms. Diane Indorato, CFO & Sr. VP (Age 62)
  • James E. Oosterman, VP of Marketing and VP of Lending (Age 57)
  • Susan M. Doherty, Corp. Sec.

Has Melrose Bancorp been receiving favorable news coverage?

Headlines about MELR stock have trended somewhat positive on Thursday, according to Accern. The research firm ranks 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. Melrose Bancorp earned a media sentiment score of 0.04 on Accern's scale. They also gave press coverage about the financial services provider an impact score of 45.89 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

How do I buy shares of Melrose Bancorp?

Shares of MELR 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 MELR stock can currently be purchased for approximately $19.5640.

How big of a company is Melrose Bancorp?

Melrose Bancorp has a market capitalization of $50.58 million and generates $10.58 million in revenue each year. 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:  64 (Vote Outperform)
Underperform Votes:  42 (Vote Underperform)
Total Votes:  106
MarketBeat's community ratings are surveys of what our community members think about Melrose Bancorp and other stocks. Vote "Outperform" if you believe MELR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MELR will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Melrose Bancorp (NASDAQ:MELR) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: N/AN/ABuyBuy
Consensus Rating Score: N/AN/A3.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Melrose Bancorp (NASDAQ:MELR) Consensus Price Target History

Price Target History for Melrose Bancorp (NASDAQ:MELR)

Melrose Bancorp (NASDAQ:MELR) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/30/2017Compass PointUpgradeNeutral ➝ BuyHighView Rating Details
(Data available from 5/24/2016 forward)

Earnings

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

Earnings by Quarter for Melrose Bancorp (NASDAQ:MELR)

Melrose Bancorp (NASDAQ MELR) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/16/2018Q4 2017$0.16$1.98 millionViewN/AView Earnings Details
11/13/2017Q3 2017$0.27$2.25 millionViewN/AView Earnings Details
8/14/2017Q2 2017$0.18$2.09 millionViewN/AView Earnings Details
5/12/2017Q1 2017$0.22$2.08 millionViewN/AView Earnings Details
3/21/2017Q4 2016$0.24$2.10 millionViewN/AView Earnings Details
11/10/2016Q3 2016$0.16$1.82 millionViewN/AView Earnings Details
8/12/2016Q2 2016$0.11$1.73 millionViewN/AView Earnings Details
5/11/2016Q1 2016$0.08$1.40 millionViewN/AView Earnings Details
3/30/2016Q4 2015$0.06$1.27 millionViewN/AView Earnings Details
11/10/2015Q3 2015$0.08$1.31 millionViewN/AView Earnings Details
8/13/2015Q2 2015$0.06$1.17 millionViewN/AView Earnings Details
5/15/2015Q1 2015$0.06$1.12 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Melrose Bancorp (NASDAQ:MELR) Dividend Information

Melrose Bancorp pays an annual dividend of $0.34 per share, with a dividend yield of 1.74%. MELR's most recent not available dividend payment was Wednesday, February 14.
Most Recent Dividend:2/14/2018
Annual Dividend:$0.34
Dividend Yield:1.74%
Payout Ratio(s):37.97% (Based on Cash Flow)
N/A
Dividend Payments by Quarter for Melrose Bancorp (NASDAQ:MELR)

Melrose Bancorp (NASDAQ:MELR) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/19/2018Not Available$0.341/26/20181/29/20182/14/2018
(Data available from 1/1/2013 forward)

Insider Trades

Melrose Bancorp (NASDAQ MELR) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 13.60%
Institutional Ownership Percentage: 21.14%
Insider Trading History for Melrose Bancorp (NASDAQ:MELR)
Insider Trading History for Melrose Bancorp (NASDAQ:MELR)

Melrose Bancorp (NASDAQ MELR) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/1/2017Elizabeth W. McnelisDirectorSell210$18.75$3,937.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Melrose Bancorp (NASDAQ MELR) News Headlines

Source:
DateHeadline
RBS chief Ross McEwan vows to press ahead with Scottish branch closuresRBS chief Ross McEwan vows to press ahead with Scottish branch closures
www.msn.com - May 8 at 3:38 PM
It’s time for Melrose directors to take greater responsibilityIt’s time for Melrose directors to take greater responsibility
www.ft.com - May 4 at 10:22 AM
Opening Quote: LSE - performance over drama; Melrose - ‘I told you so’Opening Quote: LSE - performance over drama; Melrose - ‘I told you so’
www.ft.com - April 24 at 10:24 AM
How GKN fell with flags flying against Melrose firepowerHow GKN fell with flags flying against Melrose firepower
www.ft.com - March 30 at 3:37 PM
London close: FTSE rallies into month-end as GKN submits to Melrose bidLondon close: FTSE rallies into month-end as GKN submits to Melrose bid
www.lse.co.uk - March 29 at 3:37 PM
Melrose’s Project Golf bid for GKN beats engineer’s “Damson” defenseMelrose’s 'Project Golf' bid for GKN beats engineer’s “Damson” defense
www.reuters.com - March 29 at 3:37 PM
Bank Of America Decreases Holding In Melrose to 6.4% (ALLISS)Bank Of America Decreases Holding In Melrose to 6.4% (ALLISS)
www.morningstar.co.uk - March 28 at 3:36 PM
Goldman Sachs Expands Melrose Industries Stake To 3.1% (ALLISS)Goldman Sachs Expands Melrose Industries Stake To 3.1% (ALLISS)
www.morningstar.co.uk - March 23 at 3:16 PM
TOP NEWS SUMMARY: UK Average Earnings Rise As Unemployment FallsTOP NEWS SUMMARY: UK Average Earnings Rise As Unemployment Falls
www.lse.co.uk - March 21 at 11:49 AM
London close: Shares hammered by rising pound, trade and political frictionsLondon close: Shares hammered by rising pound, trade and political frictions
www.lse.co.uk - March 20 at 10:37 AM
LONDON MARKET PRE-OPEN: Klepierre Confirms Hammerson Takeover ApproachLONDON MARKET PRE-OPEN: Klepierre Confirms Hammerson Takeover Approach
www.morningstar.co.uk - March 19 at 10:43 AM
WINNERS & LOSERS SUMMARY: PZ Cussons Shares Plummet On Profit WarningWINNERS & LOSERS SUMMARY: PZ Cussons Shares Plummet On Profit Warning
www.morningstar.co.uk - March 15 at 10:55 AM
Melrose Bancorp Inc Declares Dividend of $0.34 (MELR)Melrose Bancorp Inc Declares Dividend of $0.34 (MELR)
www.americanbankingnews.com - January 21 at 8:00 AM
European Markets Overview: ECB Minutes Signal Likely Rate HikeEuropean Markets Overview: ECB Minutes Signal Likely Rate Hike
www.nasdaq.com - January 17 at 5:52 PM
Reuters Business News Schedule at 1330 GMT/830 AM ETReuters Business News Schedule at 1330 GMT/830 AM ET
www.reuters.com - January 12 at 9:13 AM
Form 4 Melrose Bancorp, Inc. For: Dec 05 Filed by: Whitney AlanForm 4 Melrose Bancorp, Inc. For: Dec 05 Filed by: Whitney Alan
www.streetinsider.com - January 7 at 9:57 AM
At the open: TSX rises broadly led by energy stocksAt the open: TSX rises broadly led by energy stocks
www.theglobeandmail.com - November 22 at 3:45 AM
Melrose Bancorp, Inc. :MELR-US: Earnings Analysis: Q3, 2017 By the Numbers : November 20, 2017Melrose Bancorp, Inc. :MELR-US: Earnings Analysis: Q3, 2017 By the Numbers : November 20, 2017
finance.yahoo.com - November 21 at 5:43 AM
Melrose Bancorp, Inc. :MELR-US: Earnings Analysis: Q2, 2017 By the Numbers : September 25, 2017Melrose Bancorp, Inc. :MELR-US: Earnings Analysis: Q2, 2017 By the Numbers : September 25, 2017
finance.yahoo.com - October 2 at 11:57 AM
BRIEF-Melrose Bancorp says co is authorized to repurchase an additional 130,037 sharesBRIEF-Melrose Bancorp says co is authorized to repurchase an additional 130,037 shares
www.reuters.com - September 16 at 7:58 PM
Melrose Bancorp (MELR) to Repurchase 130,000  SharesMelrose Bancorp (MELR) to Repurchase 130,000 Shares
www.americanbankingnews.com - September 15 at 11:18 AM
MELROSE BANCORP, INC. Files SEC form 10-K, Annual ReportMELROSE BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 21 at 6:27 PM
European Stocks Rally Stalls as Probability of US Rate Hike Seen to be RisingEuropean Stocks' Rally Stalls as Probability of US Rate Hike Seen to be Rising
www.nasdaq.com - March 2 at 6:44 PM
Financial calendar for the year 2017Financial calendar for the year 2017
us.rd.yahoo.com - December 23 at 4:51 AM
Corporate governance policy of the company Mercator, d.d., and the Mercator GroupCorporate governance policy of the company Mercator, d.d., and the Mercator Group
us.rd.yahoo.com - December 23 at 4:51 AM
DIVESTMENT PROCESS FOR THE COMPANY INTERSPORT ISI, d.o.o., COMPLETEDDIVESTMENT PROCESS FOR THE COMPANY INTERSPORT ISI, d.o.o., COMPLETED
us.rd.yahoo.com - December 23 at 4:51 AM
Chicago buyer aims to revamp historic Belle Meade theaterChicago buyer aims to revamp historic Belle Meade theater
www.bizjournals.com - November 30 at 6:41 PM
The Melrose developers prep projects second phaseThe Melrose developers prep project's second phase
www.bizjournals.com - July 22 at 6:01 PM

SEC Filings

Melrose Bancorp (NASDAQ:MELR) SEC Filings

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Social Media

Financials

Melrose Bancorp (NASDAQ:MELR) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Melrose Bancorp (NASDAQ MELR) Stock Chart for Thursday, May, 24, 2018

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This page was last updated on 5/24/2018 by MarketBeat.com Staff

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