NASDAQ:NRIMNorthrim BanCorp Stock Price, Forecast & News

Northrim BanCorp's stock was trading at $28.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NRIM stock has decreased by 18.1% and is now trading at $23.07. View which stocks have been most impacted by Coronavirus.

Northrim BanCorp is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Northrim BanCorp.

Northrim BanCorp, Inc. (NASDAQ:NRIM) released its quarterly earnings data on Monday, April, 27th. The financial services provider reported $0.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.31. The financial services provider earned $22.12 million during the quarter, compared to analysts' expectations of $24.10 million. Northrim BanCorp had a net margin of 16.31% and a return on equity of 8.54%. View Northrim BanCorp's earnings history.

Northrim BanCorp announced a quarterly dividend on Friday, February 28th. Investors of record on Thursday, March 12th will be paid a dividend of $0.34 per share on Friday, March 20th. This represents a $1.36 annualized dividend and a dividend yield of 5.90%. The ex-dividend date is Wednesday, March 11th. This is an increase from Northrim BanCorp's previous quarterly dividend of $0.33. View Northrim BanCorp's dividend history.

Media headlines about NRIM stock have been trending very negative on Sunday, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Northrim BanCorp earned a news impact score of -3.4 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 company's share price in the next few days. View the latest news aboutNorthrim BanCorp.

Northrim BanCorp saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 19,300 shares, a drop of 9.4% from the April 30th total of 21,300 shares. Based on an average daily trading volume, of 30,400 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the shares of the stock are sold short. View Northrim BanCorp's Current Options Chain.

Some companies that are related to Northrim BanCorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Northrim BanCorp investors own include Walt Disney (DIS), Cisco Systems (CSCO), Pfizer (PFE), Verizon Communications (VZ), Boeing (BA), Enterprise Products Partners (EPD), Gilead Sciences (GILD), Altria Group (MO), Wells Fargo & Co (WFC) and Exxon Mobil (XOM).

Northrim BanCorp trades on the NASDAQ under the ticker symbol "NRIM."

Northrim BanCorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.78%), The Manufacturers Life Insurance Company (3.74%), State Street Corp (2.19%), Dalton Greiner Hartman Maher & Co. (1.71%), Acadian Asset Management LLC (1.57%) and Geode Capital Management LLC (1.49%). Company insiders that own Northrim BanCorp stock include Aaron Michael Schutt, Anthony Drabek, David G Wight, David J Mccambridge, David W Karp, John C Swalling, Karl L Hanneman, Krystal Murphy Nelson, Linda C Thomas and Michael A Martin. View institutional ownership trends for Northrim BanCorp.

NRIM stock was sold by a variety of institutional investors in the last quarter, including AltraVue Capital LLC, The Manufacturers Life Insurance Company , Private Capital Management LLC, AJO LP, Grantham Mayo Van Otterloo & Co. LLC, UBS Group AG, State Street Corp, and Frontier Investment Mgmt Co.. View insider buying and selling activity for Northrim BanCorp.

NRIM stock was acquired by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, BlackRock Inc., Acadian Asset Management LLC, Dalton Greiner Hartman Maher & Co., Bessemer Group Inc., WINTON GROUP Ltd, Wedge Capital Management L L P NC, and State Board of Administration of Florida Retirement System. Company insiders that have bought Northrim BanCorp stock in the last two years include Aaron Michael Schutt, Anthony Drabek, David G Wight, David J Mccambridge, David W Karp, John C Swalling, Karl L Hanneman, Krystal Murphy Nelson, and Linda C Thomas. View insider buying and selling activity for Northrim BanCorp.

Shares of NRIM 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.

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

Northrim BanCorp has a market capitalization of $146.96 million and generates $107.43 million in revenue each year. The financial services provider earns $20.69 million in net income (profit) each year or $3.04 on an earnings per share basis. Northrim BanCorp employs 430 workers across the globe.

The official website for Northrim BanCorp is www.northrim.com.

Northrim BanCorp's mailing address is 3111 C Street, ANCHORAGE AK, 99503. The financial services provider can be reached via phone at 907-562-0062 or via email at [email protected]