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

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$34.37 +0.01 (+0.03 %)
(As of 08/22/2018 03:00 AM ET)
Previous Close$34.36
Today's Range$34.37 - $34.60
52-Week Range$26.17 - $35.72
Volume29,700 shs
Average Volume59,409 shs
Market Capitalization$580.85 million
P/E Ratio22.04
Dividend Yield1.17%
Beta0.3
Old Line Bancshares, Inc. (MD) logoOld 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, 2017, it operated a total of 28 branches and 9 loan production offices in suburban Maryland counties of Anne Arundel, Calvert, Charles, Prince George's, Montgomery, Frederick, 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
SymbolNASDAQ:OLBK
CUSIPN/A
Phone301-430-2500

Debt

Debt-to-Equity Ratio0.11
Current Ratio0.97
Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio22.04
Forward P/E Ratio15.48
P/E GrowthN/A

Sales & Book Value

Annual Sales$81.41 million
Price / Sales7.17
Cash Flow$1.8331 per share
Price / Cash18.75
Book Value$16.61 per share
Price / Book2.07

Profitability

EPS (Most Recent Fiscal Year)$1.56
Net Income$15.96 million
Net Margins17.09%
Return on Equity9.23%
Return on Assets0.97%

Miscellaneous

Employees271
Outstanding Shares16,990,000
Market Cap$580.85 million

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) declared a quarterly dividend on Friday, May 25th. Investors of record on Friday, June 15th will be given a dividend of $0.10 per share on Friday, June 29th. This represents a $0.40 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, June 14th. This is a positive change from Old Line Bancshares, Inc. (MD)'s previous quarterly dividend of $0.08. 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 Tuesday, July, 24th. The bank reported $0.54 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.02. The bank had revenue of $26.50 million for the quarter, compared to analysts' expectations of $26.90 million. Old Line Bancshares, Inc. (MD) had a net margin of 17.09% and a return on equity of 9.23%. 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, October, 23rd 2018. View Earnings Estimates for Old Line Bancshares, Inc. (MD).

What price target have analysts set for OLBK?

3 brokerages have issued 1-year price objectives for Old Line Bancshares, Inc. (MD)'s shares. Their forecasts range from $34.50 to $39.00. On average, they anticipate Old Line Bancshares, Inc. (MD)'s stock price to reach $36.1667 in the next twelve months. This suggests a possible upside of 5.2% 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Old Line Bancshares, Inc. (MD).

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

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 64)
  • Ms. Elise Marie Hubbard, Exec. VP & CFO (Age 45)
  • Mr. Mark A. Semanie, Exec. VP, COO & Sec. (Age 55)
  • Mr. Martin John Miller Jr., Exec. VP & CCO, Old Line Bank (Age 68)
  • Ms. Erin G. Lyddane, Sr. VP of Old Line Bank and Sr. VP of Operations (Age 44)

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

News stories about OLBK stock have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Old Line Bancshares, Inc. (MD) earned a daily sentiment score of 0.15 on Accern's scale. They also gave news articles about the bank an impact score of 47.31 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Old Line Bancshares, Inc. (MD).

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

Old Line Bancshares, Inc. (MD)'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.78%), Renaissance Technologies LLC (2.55%), Maltese Capital Management LLC (2.00%), Dimensional Fund Advisors LP (1.93%), Elizabeth Park Capital Advisors Ltd. (1.49%) and Deroy & Devereaux Private Investment Counsel Inc. (1.02%). Company insiders that own Old Line Bancshares, Inc. (MD) stock include Andre J Gingles, Carla Hargrove Mcgill, Elise Marie Hubbard, 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, 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., Russell Investments Group Ltd., Penn Capital Management Co. Inc., First Manhattan Co. and LSV Asset Management. Company insiders that have sold Old Line Bancshares, Inc. (MD) company stock in the last year include Eric D Hovde, James F Dent, James R Sr Clifford Sr, Joseph E Burnett 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Deroy & Devereaux Private Investment Counsel Inc., Dimensional Fund Advisors LP, Millennium Management LLC, Bank of New York Mellon Corp, Bank of America Corp DE and Employees Retirement System of Texas. Company insiders that have bought Old Line Bancshares, Inc. (MD) stock in the last two years include Andre J Gingles, Carla Hargrove Mcgill, Elise Marie Hubbard, Gail D Manuel, Gregory S Proctor Jr, James F Dent, James W Cornelsen, Jeffrey A Rivest, John M Suit II, Joseph E Burnett, Mark A Semanie, 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 $34.37.

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

Old Line Bancshares, Inc. (MD) has a market capitalization of $580.85 million and generates $81.41 million in revenue each year. The bank earns $15.96 million in net income (profit) each year or $1.56 on an earnings per share basis. Old Line Bancshares, Inc. (MD) employs 271 workers across the globe.

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:  128 (Vote Outperform)
Underperform Votes:  170 (Vote Underperform)
Total Votes:  298
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 8/22/2018 by MarketBeat.com Staff

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