NASDAQ:NBN

Northeast Bank (NBN) Stock Forecast, Price & News

$43.17

-0.93 (-2.11%)

(As of 10/2/2023 ET)

Compare

Today's Range: $43.09
▼
$43.86
50-Day Range: $42.49
▼
$48.77
52-Week Range: $33.15
▼
$49.18

Volume: 14,051 shs
Average Volume: 28,650 shs
Market Capitalization: N/A

P/E Ratio: 7.24
Dividend Yield: 0.09%
Price Target: $60.00

Northeast Bank MarketRank™ Forecast

Analyst Rating: 0.00 Rating Score
Upside/Downside: 39.0% Upside
$60.00 Price Target
Short Interest: Healthy
1.52% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.58
Upright™ Environmental Score
News Sentiment: 0.49
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

1.90 out of 5 stars

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $60.00, Northeast Bank has a forecasted upside of 39.0% from its current price of $43.17.
Amount of Analyst Coverage
Northeast Bank has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.52% of the float of Northeast Bank has been sold short.
Short Interest Ratio / Days to Cover
Northeast Bank has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Northeast Bank has recently increased by 3.52%, indicating that investor sentiment is decreasing.

0.8

Dividend Strength

Dividend Yield
Northeast Bank has a dividend yield of 0.09%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Northeast Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Northeast Bank is 0.67%. This payout ratio is at a healthy, sustainable level, below 75%.

3.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Northeast Bank has received a 37.02% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Home improvement financing", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Corporate debit cards", and "Home equity loans" products. See details.
Environmental Sustainability
The Environmental Impact score for Northeast Bank is -0.58.

2.5

News and Social Media Coverage

News Sentiment
Northeast Bank has a news sentiment score of 0.49. 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 lower news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Northeast Bank this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for NBN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Northeast Bank to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northeast Bank insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.22% of the stock of Northeast Bank is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Northeast Bank is 7.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northeast Bank is 7.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.50.

See Top Rated MarketRank™ Stocks Here

About Northeast Bank (NASDAQ:NBN) Stock

Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. Further, it provides various services, such as money market, merchant, and payroll and HR. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.

NBN Price History

30 days | 90 days | 365 days | Advanced Chart

NBN Stock News Headlines

September 29, 2023 | msn.com

Bank of East Asia redesigns Mongkok branch

September 23, 2023 | msn.com

North East bank branches closing in coming months and those shut so far

October 2, 2023 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.

September 18, 2023 | msn.com

Streckenbach vetoes Brown County's purchase of former Bank Mutual branch on Green Bay's east side

September 17, 2023 | finance.yahoo.com

Northeast Bank's (NASDAQ:NBN) investors will be pleased with their strong 136% return over the last three years

September 12, 2023 | msn.com

Nashville panel picks Boston-based the Fallon Company to lead East Bank development

September 12, 2023 | msn.com

Developer named to carry out Nashville's grand East Bank project

September 7, 2023 | news.yahoo.com

Northeast Credit Union looks to move headquarters to Dover from Portsmouth

October 2, 2023 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

September 4, 2023 | finance.yahoo.com

Several Insiders Invested In Northeast Bank Flagging Positive News

August 30, 2023 | msn.com

Northeast Community Bancorp: Strong Upside Potential As Bottom Line Results Impress

August 15, 2023 | msn.com

BBB: Non-bank payment apps

August 9, 2023 | msn.com

Cooper pushes to cement East Bank legacy as mayoral contenders O'Connell, Rolli weigh in

August 6, 2023 | finance.yahoo.com

Here's Why We Think Northeast Bank (NASDAQ:NBN) Is Well Worth Watching

July 27, 2023 | finance.yahoo.com

Q4 2023 Northeast Bank Earnings Call

July 21, 2023 | msn.com

Northeast Community Bancorp (NECB) Earnings Expected to Grow: Should You Buy?

July 21, 2023 | benzinga.com

Preview: Northeast Bank's Earnings

July 19, 2023 | finance.yahoo.com

Northeast Bank Announces Dates for Fiscal 2023 Fourth Quarter Earnings Results and Conference Call

July 19, 2023 | time.com

These Photos Show How Devastating the Flooding is in the Northeast

July 13, 2023 | news.yahoo.com

East Buffalo Twp. bank account compromised

June 30, 2023 | usatoday.com

1,600+ flights canceled, thousands more delayed amid stormy weather in the Northeast

June 15, 2023 | money.usnews.com

Outlook Brightens Among US Northeast Manufacturers

May 27, 2023 | forbes.com

Northeast Utilities

May 2, 2023 | finance.yahoo.com

Northeast Bank (NASDAQ:NBN) Q3 2023 Earnings Call Transcript

April 26, 2023 | finance.yahoo.com

Q3 2023 Northeast Bank Earnings Call

April 25, 2023 | msn.com

Northeast Bancorp (NBN) Declares $0.01 Dividend

April 24, 2023 | msn.com

Northeast Bank GAAP EPS of $1.69 beats by $0.03, revenue of $33.43M misses by $0.5M

See More Headlines

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NBN Company Calendar

Last Earnings: 7/24/2023
Ex-Dividend for 8/23 Dividend: 8/08/2023
Dividend Payable: 8/23/2023
Today: 10/02/2023
Next Earnings (Estimated): 10/30/2023
Fiscal Year End: 6/30/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:NBN
CUSIP: N/A
CIK: 811831
Web: www.northeastbank.com
Phone: (207) 786-3245
Fax: 207-777-6410
Employees: 182
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $60.00
High Stock Price Forecast: $60.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: +38.8%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.96
Trailing P/E Ratio: 7.25
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $44.19 million
Net Margins: 24.22%
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $182.43 million
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 1.26

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Key Executives

Mr. Richard N. Wayne (Age 71)
Pres, CEO & Director
Comp: $1.82M

Mr. Patrick Dignan (Age 60)
Exec. VP & COO
Comp: $1.37M

Ms. Julie A. Jenkins (Age 60)
Sr. VP & Chief Information Officer
Comp: $434.52k

Mr. Jean-Pierre L. Lapointe CPA (Age 41)
Sr. VP, CFO & Treasurer

Ms. Heidi Jacques
Sr. VP & Director of HR

Mr. Brian Fenwick
Managing Director of Loan Underwriting

Ms. Theresa Morrison
Managing Director of Real Estate

Mr. Christopher P. Hickey
Managing Director of Asset Management

Mr. Chris Delamater
Sr. VP & Director of Customer Experience

Ms. Sarah Shomphe
Sr. VP, Director of Owned Real Estate & Underwriting Mang.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NBN Stock - Frequently Asked Questions

What is Northeast Bank's stock price forecast for 2023?: 0 Wall Street research analysts have issued 1-year target prices for Northeast Bank's stock. Their NBN share price forecasts range from $60.00 to $60.00. On average, they predict the company's share price to reach $60.00 in the next year. This suggests a possible upside of 38.8% from the stock's current price.
View analysts price targets for NBN or view top-rated stocks among Wall Street analysts.
How have NBN shares performed in 2023?: Northeast Bank's stock was trading at $42.10 on January 1st, 2023. Since then, NBN shares have increased by 2.7% and is now trading at $43.22.
View the best growth stocks for 2023 here.
When is Northeast Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our NBN earnings forecast.
How were Northeast Bank's earnings last quarter?: Northeast Bank (NASDAQ:NBN) announced its quarterly earnings data on Monday, July, 24th. The financial services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.55 by $0.06. The financial services provider had revenue of $35.27 million for the quarter, compared to analysts' expectations of $34.48 million.
How often does Northeast Bank pay dividends? What is the dividend yield for Northeast Bank?: Northeast Bank announced a quarterly dividend on Monday, July 24th. Investors of record on Wednesday, August 9th will be paid a dividend of $0.01 per share on Wednesday, August 23rd. This represents a $0.04 annualized dividend and a dividend yield of 0.09%. The ex-dividend date of this dividend is Tuesday, August 8th.
Read our dividend analysis for NBN.
What ETF holds Northeast Bank's stock ?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 834 shares of NBN stock, representing 0.78% of its portfolio.

Is Northeast Bank a good dividend stock?: Northeast Bank (NASDAQ:NBN) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.09%. The dividend payout ratio is 0.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NBN.
What is Richard Wayne's approval rating as Northeast Bank's CEO?: 2 employees have rated Northeast Bank Chief Executive Officer Richard Wayne on Glassdoor.com. Richard Wayne has an approval rating of 46% among the company's employees. This puts Richard Wayne in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Northeast Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Northeast Bank investors own include Shaw Communications (SJR), Wells Fargo & Company (WFC), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Franklin Resources (BEN), BlackRock Enhanced International Dividend Trust (BGY), Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE).
What is Northeast Bank's stock symbol?: Northeast Bank trades on the NASDAQ under the ticker symbol "NBN."
How do I buy shares of Northeast Bank?: Shares of NBN 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 Northeast Bank's stock price today?: One share of NBN stock can currently be purchased for approximately $43.22.
How many employees does Northeast Bank have?: The company employs 182 workers across the globe.
How can I contact Northeast Bank?: Northeast Bank's mailing address is 500 Canal Street, Lewiston ME, 04240. The official website for the company is www.northeastbank.com. The financial services provider can be reached via phone at (207) 786-3245, via email at investor@northeastbank.com, or via fax at 207-777-6410.

This page (NASDAQ:NBN) was last updated on 10/2/2023 by MarketBeat.com Staff

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