NASDAQ:MVBF

MVB Financial (MVBF) Stock Forecast, Price & News

$21.82

-0.32 (-1.45%)

(As of 09/26/2023 ET)

Compare

Today's Range: $21.74
▼
$22.04
50-Day Range: $21.62
▼
$26.72
52-Week Range: $16.26
▼
$29.48

Volume: 11,332 shs
Average Volume: 22,896 shs
Market Capitalization: $277.55 million

P/E Ratio: 9.87
Dividend Yield: 3.12%
Price Target: $28.25

MVB Financial MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 29.5% Upside
$28.25 Price Target
Short Interest: Healthy
1.19% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.55
Upright™ Environmental Score
News Sentiment: 1.28
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$46,832 Bought Last Quarter
Proj. Earnings Growth: 26.49%
From $1.85 to $2.34 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.39 out of 5 stars

Finance Sector

23rd out of 829 stocks

State Commercial Banks Industry

5th out of 172 stocks

3.5

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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.25, MVB Financial has a forecasted upside of 29.5% from its current price of $21.82.
Amount of Analyst Coverage
MVB Financial has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.19% of the float of MVB Financial has been sold short.
Short Interest Ratio / Days to Cover
MVB Financial has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in MVB Financial has recently decreased by 5.23%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
MVB Financial pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MVB Financial has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of MVB Financial is 30.77%. 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 29.06% next year. This indicates that MVB Financial will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
MVB Financial has received a 15.73% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Consumer transaction accounts provided by brick and mortar banks", "Wire transfer services", "Online banking", and "Consumer savings accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for MVB Financial is -0.55.

2.9

News and Social Media Coverage

News Sentiment
MVB Financial has a news sentiment score of 1.28. 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 is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for MVB Financial this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for MVBF on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added MVB Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MVB Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $46,832.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
15.63% of the stock of MVB Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
51.35% of the stock of MVB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for MVB Financial are expected to grow by 26.49% in the coming year, from $1.85 to $2.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MVB Financial is 9.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of MVB Financial is 9.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 87.55.
Price to Book Value per Share Ratio
MVB Financial has a P/B Ratio of 1.05. 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

About MVB Financial (NASDAQ:MVBF) Stock

MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients. The company operates through five segments: CoRe Banking, Mortgage Banking, Professional Services, Edge Ventures, and The Financial Holding Company. It offers various demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and commercial, consumer, and real estate mortgage loans, as well as lines of credit. The company also provides debit cards; cashier's checks; safe deposit rental facilities; and non-deposit investment services, as well as financial technology (Fintech) banking services. In addition, it offers title insurance; and integrated regulatory compliance, state licensing, financial crimes prevention, and enterprise risk management services that include consulting, outsourcing, testing, and training solutions. Further, the company offers a customizable suite of fraud prevention services for merchants, credit agencies, Fintech companies, and other vendors; and consulting for the development of online and mobile banking platforms, and digital products for Fintech companies, as well as develops software. It operates full-service branches in West Virginia and Virginia. MVB Financial Corp. was founded in 1997 and is based in Fairmont, West Virginia.

MVBF Price History

30 days | 90 days | 365 days | Advanced Chart

MVBF Stock News Headlines

September 22, 2023 | finance.yahoo.com

Those who invested in MVB Financial (NASDAQ:MVBF) three years ago are up 48%

September 15, 2023 | finance.yahoo.com

Strength Seen in Virtu Financial (VIRT): Can Its 6.2% Jump Turn into More Strength?

September 27, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 11, 2023 | finance.yahoo.com

Fortune and Great Place to Work® Name MVB Bank to Two Best Workplaces Lists

August 31, 2023 | msn.com

MVB Financial (MVBF) Price Target Increased by 15.42% to 30.22

August 22, 2023 | finance.yahoo.com

MVB Financial (NASDAQ:MVBF) Is Due To Pay A Dividend Of $0.17

August 17, 2023 | finance.yahoo.com

MVB Financial Corp. Declares Third Quarter 2023 Dividend

August 17, 2023 | finance.yahoo.com

Several Insiders Invested In MVB Financial Flagging Positive News

September 27, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

July 28, 2023 | finance.yahoo.com

MVB Financial Corp. Announces Second Quarter 2023 Results

July 28, 2023 | finance.yahoo.com

MVB Financial (MVBF) Q2 Earnings Top Estimates

June 19, 2023 | finance.yahoo.com

Alerus (ALRS) Stock Jumps 5.7%: Will It Continue to Soar?

June 5, 2023 | finance.yahoo.com

MVB Bank Announces Two Key Promotions on the Finance Team

May 28, 2023 | finance.yahoo.com

MVB Financial (NASDAQ:MVBF) Is Paying Out A Dividend Of $0.17

May 14, 2023 | finance.yahoo.com

MVB Financial's (NASDAQ:MVBF) Dividend Will Be $0.17

May 12, 2023 | msn.com

MVB Financial (MVBF) Declares $0.17 Dividend

May 10, 2023 | finance.yahoo.com

MVB Financial Corp. Declares Second Quarter 2023 Dividend

May 9, 2023 | finance.yahoo.com

MVB Financial Corp. and Integrated Financial Holdings, Inc. Announce Termination of Merger Agreement

May 3, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for MVB Financial

May 3, 2023 | finance.yahoo.com

Need To Know: Analysts Just Made A Substantial Cut To Their MVB Financial Corp. (NASDAQ:MVBF) Estimates

April 28, 2023 | finance.yahoo.com

MVB Financial Corp. Announces First Quarter 2023 Results

April 27, 2023 | finance.yahoo.com

MVB Financial (MVBF) Q1 Earnings and Revenues Miss Estimates

April 24, 2023 | finance.yahoo.com

MVB Financial (MVBF) Earnings Expected to Grow: What to Know Ahead of Q1 Release

April 7, 2023 | finance.yahoo.com

Shareholders in MVB Financial (NASDAQ:MVBF) are in the red if they invested a year ago

April 6, 2023 | markets.businessinsider.com

KBW Reaffirms Their Buy Rating on MVB Financial (MVBF)

April 6, 2023 | msn.com

Keefe, Bruyette & Woods Maintains MVB Financial (MVBF) Outperform Recommendation

April 6, 2023 | msn.com

Raymond James Maintains MVB Financial (MVBF) Outperform Recommendation

See More Headlines

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MVBF Company Calendar

Last Earnings: 7/27/2023
Ex-Dividend for 9/15 Dividend: 8/31/2023
Dividend Payable: 9/15/2023
Today: 9/27/2023
Next Earnings (Estimated): 10/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:MVBF
CUSIP: N/A
CIK: 1277902
Web: www.mvbbanking.com
Phone: (304) 363-4800
Fax: N/A
Employees: 477
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $28.25
High Stock Price Forecast: $30.00
Low Stock Price Forecast: $26.00
Forecasted Upside/Downside: +29.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.21
Trailing P/E Ratio: 9.87
Forward P/E Ratio: 11.79
P/E Growth: N/A
Net Income: $15.05 million
Net Margins: 15.06%
Pretax Margin: 13.56%
Return on Equity: 7.57%
Return on Assets: 0.61%

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 0.94
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $164.25 million
Price / Sales: 1.69
Cash Flow: $2.03 per share
Price / Cash Flow: 10.75
Book Value: $20.72 per share
Price / Book: 1.05

Miscellaneous

Outstanding Shares: 12,720,000
Free Float: 10,732,000
Market Cap: $277.55 million
Optionable: Not Optionable
Beta: 0.87

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Key Executives

Mr. Larry F. Mazza CPA (Age 62)
CEO & Non-Independent Director
Comp: $915.74k

Mr. Donald T. Robinson (Age 48)
CFO, Pres & Treasurer
Comp: $553.63k

Mr. Craig Bradley Greathouse (Age 51)
Exec. VP & Chief Admin. Officer
Comp: $381.6k

Mr. John C. Marion (Age 54)
Exec. VP & Chief Risk Officer
Comp: $378.27k

Patrick Runge
Sr. VP & CTO

Mr. Michael Louis Giorgio
Exec. VP & Chief Information Officer

Ms. Lisa J. McCormick
Corp. Sec./ Investor Relations

Ms. Amy Baker
VP of Corp. Communications & Marketing

Mr. Eric L. Tichenor (Age 55)
Treasurer of MVB Bank Inc

Mr. John T. Schirripa (Age 61)
Chief Commercial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MVBF Stock - Frequently Asked Questions

Should I buy or sell MVB Financial stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MVB Financial in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MVBF shares.
View MVBF analyst ratings or view top-rated stocks.
What is MVB Financial's stock price forecast for 2023?: 3 Wall Street research analysts have issued 12-month price objectives for MVB Financial's shares. Their MVBF share price forecasts range from $26.00 to $30.00. On average, they expect the company's stock price to reach $28.25 in the next year. This suggests a possible upside of 29.5% from the stock's current price.
View analysts price targets for MVBF or view top-rated stocks among Wall Street analysts.
How have MVBF shares performed in 2023?: MVB Financial's stock was trading at $22.02 at the beginning of 2023. Since then, MVBF stock has decreased by 0.9% and is now trading at $21.82.
View the best growth stocks for 2023 here.
When is MVB Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our MVBF earnings forecast.
How were MVB Financial's earnings last quarter?: MVB Financial Corp. (NASDAQ:MVBF) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.04. The business had revenue of $36 million for the quarter, compared to analysts' expectations of $40.30 million. MVB Financial had a net margin of 15.06% and a trailing twelve-month return on equity of 7.57%.
How often does MVB Financial pay dividends? What is the dividend yield for MVB Financial?: MVB Financial declared a quarterly dividend on Thursday, August 17th. Investors of record on Friday, September 1st will be given a dividend of $0.17 per share on Friday, September 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for MVBF.

Is MVB Financial a good dividend stock?: MVB Financial (NASDAQ:MVBF) pays an annual dividend of $0.68 per share and currently has a dividend yield of 3.13%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MVBF will have a dividend payout ratio of 29.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MVBF.
What is MVB Financial's stock symbol?: MVB Financial trades on the NASDAQ under the ticker symbol "MVBF."
Who are MVB Financial's major shareholders?: MVB Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.94%), TimesSquare Capital Management LLC (4.56%), Dimensional Fund Advisors LP (1.98%), Geode Capital Management LLC (1.72%), State Street Corp (1.61%) and Russell Investments Group Ltd. (0.72%). Insiders that own company stock include Anna Jane Sainsbury, Donald T Robinson, J Christopher Pallotta, Kelly R Nelson, Lindsay Anne Slader, Michael Louis Giorgio and W Marston Becker.
View institutional ownership trends.
How do I buy shares of MVB Financial?: Shares of MVBF stock 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.
Compare Top Brokerages Here.
What is MVB Financial's stock price today?: One share of MVBF stock can currently be purchased for approximately $21.82.
How much money does MVB Financial make?: MVB Financial (NASDAQ:MVBF) has a market capitalization of $277.55 million and generates $164.25 million in revenue each year. The company earns $15.05 million in net income (profit) each year or $2.21 on an earnings per share basis.
How many employees does MVB Financial have?: The company employs 477 workers across the globe.
How can I contact MVB Financial?: MVB Financial's mailing address is 301 VIRGINIA AVENUE, FAIRMONT WV, 26554. The official website for the company is www.mvbbanking.com. The company can be reached via phone at (304) 363-4800 or via email at http://ir.mvbbanking.com.

This page (NASDAQ:MVBF) was last updated on 9/27/2023 by MarketBeat.com Staff

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