NASDAQ:OLBK - Old Line Bancshares, Inc. (MD) Stock Price, News, & Analysis

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$25.34 -0.21 (-0.82 %)
(As of 05/19/2019 10:22 AM ET)
Previous Close$25.34
Today's Range$25.28 - $25.77
52-Week Range$24.46 - $35.72
Volume23,838 shs
Average Volume50,342 shs
Market Capitalization$432.05 million
P/E Ratio11.52
Dividend Yield1.89%
Beta0.58
Old Line Bancshares, Inc. operates as the bank holding company for Old Line Bank that provides banking products and services to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients. The company accepts a range of deposit products, including demand, NOW, money market, and savings accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, small business administration loans, standby letters of credit, and unsecured loans; commercial real estate loans; funds for the construction of single family residences, financing to builders for the construction of pre-sold homes, and loans for multi-family housing, as well as home equity and home improvement loans; land acquisition and development loans; and consumer installment loans. In addition, the company provides safe deposit boxes, wire transfer services, automated teller machine services, and Internet and mobile banking services; debit, prepaid, and credit cards; commercial account services comprising direct deposit of payroll, overnight sweep, lockbox, and remote deposit capture; and investment services consisting of investment management, estate and succession planning, and brokerage services. As of December 31, 2018, it operated a total of 37 branches and 9 loan production offices in suburban Maryland counties of Anne Arundel, Calvert, Charles, Frederick, Harford, Howard, Prince George's, Montgomery, and St. Mary's; and Baltimore and Carroll. Old Line Bancshares, Inc. was founded in 1989 and is headquartered in Bowie, Maryland.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:OLBK
Previous Symbol
CUSIPN/A
CIK1253317
Webwww.oldlinebank.com
Phone301-430-2500

Debt

Debt-to-Equity Ratio0.10
Current Ratio0.95
Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio11.52
Forward P/E Ratio11.21
P/E GrowthN/A

Sales & Book Value

Annual Sales$123.25 million
Price / Sales3.51
Cash Flow$2.4087 per share
Price / Cash Flow10.52
Book Value$22.29 per share
Price / Book1.14

Profitability

EPS (Most Recent Fiscal Year)$2.19
Net Income$27.22 million
Net Margins22.16%
Return on Equity10.18%
Return on Assets1.25%

Miscellaneous

Employees348
Outstanding Shares17,050,000
Market Cap$432.05 million
Next Earnings Date7/23/2019 (Estimated)
OptionableNot Optionable

Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK) Frequently Asked Questions

What is Old Line Bancshares, Inc. (MD)'s stock symbol?

Old Line Bancshares, Inc. (MD) trades on the NASDAQ under the ticker symbol "OLBK."

How often does Old Line Bancshares, Inc. (MD) pay dividends? What is the dividend yield for Old Line Bancshares, Inc. (MD)?

Old Line Bancshares, Inc. (MD) announced a quarterly dividend on Wednesday, February 27th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.12 per share on Friday, March 29th. This represents a $0.48 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from Old Line Bancshares, Inc. (MD)'s previous quarterly dividend of $0.10. View Old Line Bancshares, Inc. (MD)'s Dividend History.

How were Old Line Bancshares, Inc. (MD)'s earnings last quarter?

Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK) announced its quarterly earnings data on Wednesday, April, 24th. The bank reported $0.50 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.04. The bank earned $26.07 million during the quarter, compared to the consensus estimate of $27.17 million. Old Line Bancshares, Inc. (MD) had a net margin of 22.16% and a return on equity of 10.18%. View Old Line Bancshares, Inc. (MD)'s Earnings History.

When is Old Line Bancshares, Inc. (MD)'s next earnings date?

Old Line Bancshares, Inc. (MD) is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for Old Line Bancshares, Inc. (MD).

What price target have analysts set for OLBK?

3 brokers have issued twelve-month target prices for Old Line Bancshares, Inc. (MD)'s stock. Their forecasts range from $34.00 to $35.00. On average, they anticipate Old Line Bancshares, Inc. (MD)'s share price to reach $34.50 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price. View Analyst Price Targets for Old Line Bancshares, Inc. (MD).

What is the consensus analysts' recommendation for Old Line Bancshares, Inc. (MD)?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Line Bancshares, Inc. (MD) in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Old Line Bancshares, Inc. (MD).

Has Old Line Bancshares, Inc. (MD) been receiving favorable news coverage?

Headlines about OLBK stock have trended positive recently, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Old Line Bancshares, Inc. (MD) earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Old Line Bancshares, Inc. (MD)'s key competitors?

What other stocks do shareholders of Old Line Bancshares, Inc. (MD) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Old Line Bancshares, Inc. (MD) investors own include SYNNEX (SNX), Carbonite (CARB), Walt Disney (DIS), Gray Television (GTN), Restoration Hardware (RH), American Airlines Group (AAL), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ), Comcast (CMCSA), Fortinet (FTNT) and Livent (LTHM).

Who are Old Line Bancshares, Inc. (MD)'s key executives?

Old Line Bancshares, Inc. (MD)'s management team includes the folowing people:
  • Mr. James W. Cornelsen, Pres, CEO & Director (Age 65)
  • Ms. Elise Marie Hubbard, Exec. VP & CFO (Age 46)
  • Mr. Mark A. Semanie, Exec. VP, COO & Sec. (Age 56)
  • Mr. William J. Bush, Exec. VP of Commercial Lending (Age 55)
  • Mr. Jack G. Welborn, Exec. VP & Chief Lending Officer (Age 65)

Who are Old Line Bancshares, Inc. (MD)'s major shareholders?

Old Line Bancshares, Inc. (MD)'s stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.12%), Mendon Capital Advisors Corp (4.03%), RMB Capital Management LLC (3.19%), Dimensional Fund Advisors LP (3.01%), Jennison Associates LLC (2.94%) and Goldman Sachs Group Inc. (2.83%). Company insiders that own Old Line Bancshares, Inc. (MD) stock include Carla Hargrove Mcgill, Eric D Hovde, Gail D Manuel, Gregory S Proctor Jr, James F Dent, James R Sr Clifford Sr, James W Cornelsen, Jeffrey A Rivest, John M Suit II, Joseph E Burnett, Joseph Thomas, Mark A Semanie, Rosie Allen-Herring, Stephen J Deadrick, Suhas R Shah and Thomas H Graham. View Institutional Ownership Trends for Old Line Bancshares, Inc. (MD).

Which institutional investors are selling Old Line Bancshares, Inc. (MD) stock?

OLBK stock was sold by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd., Emerald Mutual Fund Advisers Trust, Royce & Associates LP, Morgan Stanley, Catalyst Capital Advisors LLC, RMB Capital Management LLC, BlackRock Inc. and Renaissance Technologies LLC. Company insiders that have sold Old Line Bancshares, Inc. (MD) company stock in the last year include Eric D Hovde, James F Dent and Joseph Thomas. View Insider Buying and Selling for Old Line Bancshares, Inc. (MD).

Which institutional investors are buying Old Line Bancshares, Inc. (MD) stock?

OLBK stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Deroy & Devereaux Private Investment Counsel Inc., Banc Funds Co. LLC, Jennison Associates LLC, Dimensional Fund Advisors LP, Victory Capital Management Inc., Mendon Capital Advisors Corp and Geode Capital Management LLC. Company insiders that have bought Old Line Bancshares, Inc. (MD) stock in the last two years include Carla Hargrove Mcgill, Gail D Manuel, Gregory S Proctor Jr, James R Sr Clifford Sr, James W Cornelsen, Jeffrey A Rivest, John M Suit II, Joseph E Burnett, Mark A Semanie, Rosie Allen-Herring, Stephen J Deadrick, Suhas R Shah and Thomas H Graham. View Insider Buying and Selling for Old Line Bancshares, Inc. (MD).

How do I buy shares of Old Line Bancshares, Inc. (MD)?

Shares of OLBK 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, Scottrade, Fidelity and Charles Schwab.

What is Old Line Bancshares, Inc. (MD)'s stock price today?

One share of OLBK stock can currently be purchased for approximately $25.34.

How big of a company is Old Line Bancshares, Inc. (MD)?

Old Line Bancshares, Inc. (MD) has a market capitalization of $432.05 million and generates $123.25 million in revenue each year. The bank earns $27.22 million in net income (profit) each year or $2.19 on an earnings per share basis. Old Line Bancshares, Inc. (MD) employs 348 workers across the globe.

What is Old Line Bancshares, Inc. (MD)'s official website?

The official website for Old Line Bancshares, Inc. (MD) is http://www.oldlinebank.com.

How can I contact Old Line Bancshares, Inc. (MD)?

Old Line Bancshares, Inc. (MD)'s mailing address is 1525 POINTER RIDGE PLACE, BOWIE MD, 20716. The bank can be reached via phone at 301-430-2500 or via email at [email protected]


MarketBeat Community Rating for Old Line Bancshares, Inc. (MD) (NASDAQ OLBK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  174 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  410
MarketBeat's community ratings are surveys of what our community members think about Old Line Bancshares, Inc. (MD) and other stocks. Vote "Outperform" if you believe OLBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OLBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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