NASDAQ:MVBF

MVB Financial Stock Forecast, Price & News

$23.07

+0.22 (+0.96 %)

(As of 01/20/2021 02:25 PM ET)

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Today's Range

$23.01

Now: $23.07▼

$23.35

50-Day Range

$21.05

MA: $22.30▼

$23.41

52-Week Range

$8.22

Now: $23.07▼

$24.66

Volume433 shs

Average Volume30,384 shs

Market Capitalization$272.06 million

P/E Ratio9.53

Dividend Yield1.56%

Beta1

MVB Financial Corp., together with its subsidiaries, provides banking and mortgage products and services to individuals and corporate clients in the United States. The company operates through three segments: Commercial and Retail Banking; Mortgage Banking; and Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and grants various types of loans, including commercial and commercial real estate loans, residential real estate loans, home equity lines of credit, real estate construction loans, and consumer loans. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as automated teller machines, and internet and telephone banking services. The company operates fifteen full-service banking branches; twelve mortgage offices in West Virginia; and three in Virginia. MVB Financial Corp. was founded in 1997 and is headquartered in Fairmont, West Virginia.

Overall MarketRank^™

2.22 out of 5 stars

Finance Sector

119th out of 1,939 stocks

State Commercial Banks Industry

18th out of 310 stocks

1.5 Analyst's Opinion

Consensus Rating
MVB Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.50, MVB Financial has a forecasted downside of 23.9% from its current price of $23.01.
Amount of Analyst Coverage
MVB Financial has received no research coverage in the past 90 days.

5.0 Community Rank

Outperform Votes
MVB Financial has received 1 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MVB Financial has received 0 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MVB Financial has received 100.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about MVB Financial and other stocks. Vote “Outperform” if you believe MVBF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MVBF will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
MVB Financial pays a meaningful dividend of 1.56%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MVB Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MVB Financial is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, MVB Financial will have a dividend payout ratio of 31.86% next year. This indicates that MVB Financial will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MVB Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 17.07% of the stock of MVB Financial is held by insiders.
Percentage Held by Institutions
39.75% of the stock of MVB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for MVB Financial are expected to decrease by -53.11% in the coming year, from $2.41 to $1.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MVB Financial is 9.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of MVB Financial is 9.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.91.
Price to Book Value per Share Ratio
MVB Financial has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:MVBF

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.mvbbanking.com

Phone304-363-4800

Employees338

Debt

Debt-to-Equity Ratio0.13

Current Ratio0.92

Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio9.53

Forward P/E Ratio9.57

P/E GrowthN/A

Sales & Book Value

Annual Sales$146.96 million

Price / Sales1.85

Cash Flow$2.60 per share

Price / Cash Flow8.86

Book Value$17.30 per share

Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)$2.16

Net Income$26.99 million

Net Margins17.16%

Return on Equity13.86%

Return on Assets1.40%

Miscellaneous

Outstanding Shares11,793,000

Market Cap$272.06 million

Next Earnings Date2/18/2021 (Estimated)

OptionableNot Optionable

$23.07

+0.22 (+0.96 %)

(As of 01/20/2021 02:25 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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MVB Financial (NASDAQ:MVBF) Frequently Asked Questions

How has MVB Financial's stock price been impacted by COVID-19 (Coronavirus)?

MVB Financial's stock was trading at $14.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MVBF stock has increased by 55.8% and is now trading at $23.07.
View which stocks have been most impacted by COVID-19.

Is MVB Financial a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MVB Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MVB Financial stock.
View analyst ratings for MVB Financial or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than MVB Financial?

Wall Street analysts have given MVB Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MVB Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as MVB Financial's CEO?

1,428 employees have rated MVB Financial CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among MVB Financial's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is MVB Financial's next earnings date?

MVB Financial is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for MVB Financial.

How were MVB Financial's earnings last quarter?

MVB Financial Corp. (NASDAQ:MVBF) posted its quarterly earnings results on Monday, November, 2nd. The company reported $0.53 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.19. The business earned $35.41 million during the quarter, compared to analyst estimates of $22.65 million. MVB Financial had a return on equity of 13.86% and a net margin of 17.16%.
View MVB Financial's earnings history.

How often does MVB Financial pay dividends? What is the dividend yield for MVB Financial?

MVB Financial announced a quarterly dividend on Friday, November 20th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.09 per share on Tuesday, December 15th. This represents a $0.36 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Monday, November 30th.
View MVB Financial's dividend history.

Is MVB Financial a good dividend stock?

MVB Financial pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.56%. The dividend payout ratio of MVB Financial is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MVB Financial will have a dividend payout ratio of 31.86% next year. This indicates that MVB Financial will be able to sustain or increase its dividend.
View MVB Financial's dividend history.

What price target have analysts set for MVBF?

1 brokerages have issued 1-year price objectives for MVB Financial's stock. Their forecasts range from $17.50 to $17.50. On average, they expect MVB Financial's stock price to reach $17.50 in the next twelve months. This suggests that the stock has a possible downside of 24.1%.
View analysts' price targets for MVB Financial or view Wall Street analyst' top-rated stocks.

Who are some of MVB Financial's key competitors?

Some companies that are related to MVB Financial include First Bancorp (FBNC), OFG Bancorp (OFG), Enterprise Financial Services (EFSC), Premier Financial (PFC), First Foundation (FFWM), Stock Yards Bancorp (SYBT), German American Bancorp (GABC), Merchants Bancorp (MBIN), ConnectOne Bancorp (CNOB), Republic Bancorp (RBCAA), Washington Trust Bancorp (WASH), HomeStreet (HMST), Preferred Bank (PFBC), Allegiance Bancshares (ABTX) and Horizon Bancorp (HBNC).
View all of MVBF's competitors.

Who are MVB Financial's key executives?

MVB Financial's management team includes the following people:

Mr. Larry F. Mazza, Pres, CEO & Non-Independent Director (Age 59, Pay $1.28M)
Mr. Donald T. Robinson, Exec. VP, CFO & Treasurer (Age 45, Pay $608.69k)
Mr. J. Christopher Pallotta, Independent Director (Age 70, Pay $59.6k)
Mr. David A. Jones, Sr. VP & Chief Risk Officer (Age 57, Pay $346.6k)
Mr. John T. Schirripa, Exec. VP & Chief Commercial Lending Officer (Age 58, Pay $427.21k)
Pat Runge, Chief Technology Officer
Ms. Lisa J. McCormick, Corp. Sec./ Investor Relations
Ms. Amy Baker, VP of Corp. Communications & Marketing
Mr. Craig Bradley Greathouse, Exec. VP and Chief People & Culture Officer
Mr. James Potasky, Sr. VP of Audit

What is MVB Financial's stock symbol?

MVB Financial trades on the NASDAQ under the ticker symbol "MVBF."

How do I buy shares of MVB Financial?

Shares of MVBF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is MVB Financial's stock price today?

One share of MVBF stock can currently be purchased for approximately $23.07.

How big of a company is MVB Financial?

MVB Financial has a market capitalization of $272.06 million and generates $146.96 million in revenue each year. The company earns $26.99 million in net income (profit) each year or $2.16 on an earnings per share basis. MVB Financial employs 338 workers across the globe.

What is MVB Financial's official website?

The official website for MVB Financial is www.mvbbanking.com.

How can I contact MVB Financial?

MVB Financial's mailing address is 301 VIRGINIA AVENUE, FAIRMONT WV, 26554. The company can be reached via phone at 304-363-4800 or via email at http://ir.mvbbanking.com.

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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