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NASDAQ:NBN - Northeast Bancorp Stock Price, Forecast & News

$17.80
-1.22 (-6.41 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$17.65
Now: $17.80
$19.14
50-Day Range
$17.80
MA: $20.34
$20.97
52-Week Range
$17.65
Now: $17.80
$27.58
Volume54,052 shs
Average Volume14,029 shs
Market Capitalization$160.91 million
P/E Ratio11.87
Dividend Yield0.21%
Beta1.13
Northeast Bancorp operates as the bank holding company for Northeast Bank that provides banking products and services to individual and corporate customers in the United States. The company's deposit products include noninterest-bearing demand deposit, savings, NOW, and money market accounts, as well as certificate of deposit 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 automobile, boat, and recreational vehicle loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, and remote deposit capture services, as well as debit card, ATM, electronic transfer, and check services. As of July 30, 2018, it provided personal and business banking services through 10 branches in south-central and western Maine. The company was formerly known as Bethel Bancorp, Inc. and changed its name to Northeast Bancorp in 1996. Northeast Bancorp was founded in 1872 and is headquartered in Lewiston, Maine.

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:NBN
CUSIPN/A
Phone207-786-3245

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$87.95 million
Cash Flow$1.91 per share
Book Value$15.49 per share

Profitability

Net Income$13.88 million

Miscellaneous

Employees167
Market Cap$160.91 million
Next Earnings Date5/4/2020 (Estimated)
OptionableNot Optionable

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Northeast Bancorp (NASDAQ:NBN) Frequently Asked Questions

What is Northeast Bancorp's stock symbol?

Northeast Bancorp trades on the NASDAQ under the ticker symbol "NBN."

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

Northeast Bancorp declared a quarterly dividend on Friday, January 24th. Shareholders of record on Monday, February 10th will be given a dividend of $0.01 per share on Monday, February 24th. This represents a $0.04 annualized dividend and a yield of 0.22%. The ex-dividend date is Friday, February 7th. View Northeast Bancorp's Dividend History.

How were Northeast Bancorp's earnings last quarter?

Northeast Bancorp (NASDAQ:NBN) announced its quarterly earnings data on Monday, January, 27th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. The financial services provider earned $16.88 million during the quarter. Northeast Bancorp had a return on equity of 12.98% and a net margin of 15.58%. View Northeast Bancorp's Earnings History.

When is Northeast Bancorp's next earnings date?

Northeast Bancorp is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Northeast Bancorp.

Has Northeast Bancorp been receiving favorable news coverage?

News articles about NBN stock have been trending negative recently, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Northeast Bancorp earned a coverage optimism score of -2.4 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Northeast Bancorp.

Are investors shorting Northeast Bancorp?

Northeast Bancorp saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 87,700 shares, an increase of 9.1% from the January 15th total of 80,400 shares. Based on an average daily trading volume, of 16,700 shares, the days-to-cover ratio is currently 5.3 days. Approximately 1.1% of the shares of the company are sold short. View Northeast Bancorp's Current Options Chain.

Who are some of Northeast Bancorp's key competitors?

What other stocks do shareholders of Northeast Bancorp own?

Who are Northeast Bancorp's key executives?

Northeast Bancorp's management team includes the folowing people:
  • Mr. Richard N. Wayne, Pres, CEO & Director (Age 67)
  • Mr. Jean-Pierre L. Lapointe CPA, CFO & Treasurer (Age 37)
  • Ms. Julie A. Jenkins, Sr. VP & Director of Operations (Age 56)
  • Mr. Brian Pinheiro CPA, Chief Risk Officer (Age 37)
  • Mr. Patrick Dignan, Exec. VP (Age 56)

Who are Northeast Bancorp's major shareholders?

Northeast Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Pacific Ridge Capital Partners LLC (3.83%), Renaissance Technologies LLC (3.47%), Russell Investments Group Ltd. (2.99%), Franklin Resources Inc. (2.56%), LSV Asset Management (1.26%) and Geode Capital Management LLC (1.25%). Company insiders that own Northeast Bancorp stock include Jean-Pierre Lapointe, Julie Jenkins and Richard Wayne. View Institutional Ownership Trends for Northeast Bancorp.

Which institutional investors are selling Northeast Bancorp stock?

NBN stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., LSV Asset Management, Oxford Asset Management LLP, Gratus Capital LLC, Foundry Partners LLC, Martingale Asset Management L P, Mackay Shields LLC and California Public Employees Retirement System. View Insider Buying and Selling for Northeast Bancorp.

Which institutional investors are buying Northeast Bancorp stock?

NBN stock was acquired by a variety of institutional investors in the last quarter, including Pacific Ridge Capital Partners LLC, Bank of Montreal Can, Renaissance Technologies LLC, Goldman Sachs Group Inc., Russell Investments Group Ltd., Geode Capital Management LLC, UBS Group AG and Barclays PLC. Company insiders that have bought Northeast Bancorp stock in the last two years include Jean-Pierre Lapointe and Richard Wayne. View Insider Buying and Selling for Northeast Bancorp.

How do I buy shares of Northeast Bancorp?

Shares of NBN 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, Robinhood, Fidelity and Charles Schwab.

What is Northeast Bancorp's stock price today?

One share of NBN stock can currently be purchased for approximately $17.80.

How big of a company is Northeast Bancorp?

Northeast Bancorp has a market capitalization of $160.91 million and generates $87.95 million in revenue each year. The financial services provider earns $13.88 million in net income (profit) each year or $2.20 on an earnings per share basis. Northeast Bancorp employs 167 workers across the globe.View Additional Information About Northeast Bancorp.

What is Northeast Bancorp's official website?

The official website for Northeast Bancorp is http://www.northeastbank.com/.

How can I contact Northeast Bancorp?

Northeast Bancorp's mailing address is 500 Canal Street, Lewiston ME, 04240. The financial services provider can be reached via phone at 207-786-3245 or via email at [email protected]


MarketBeat Community Rating for Northeast Bancorp (NASDAQ NBN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  291
MarketBeat's community ratings are surveys of what our community members think about Northeast Bancorp and other stocks. Vote "Outperform" if you believe NBN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NBN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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