NASDAQ:OLBKOld Line Bancshares, Inc. (MD) Stock Price, Forecast & News

$28.83

0.00 (0.00 %)

(As of 11/22/2019)

Add

Compare

Today's Range

$28.60

Now: $28.83▼

$29.04

50-Day Range

$28.83

MA: $28.83▼

$28.83

52-Week Range

$24.12

Now: $28.83▼

$31.22

Volume469,332 shs

Average Volume88,841 shs

Market Capitalization$490.11 million

P/E Ratio13.16

Dividend Yield1.66%

Beta0.61

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.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Old Line Bancshares, Inc. (MD) has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.00, Old Line Bancshares, Inc. (MD) has a potential upside of 14.5% from its current price of $28.83.
Amount of Analyst Coverage
Old Line Bancshares, Inc. (MD) has received no research coverage in the past 90 days.

2.1 Community Rank

Outperform Votes
Old Line Bancshares, Inc. (MD) has received 215 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Old Line Bancshares, Inc. (MD) has received 299 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Old Line Bancshares, Inc. (MD) has received 58.17% “underperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Yield
Old Line Bancshares, Inc. (MD) pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Old Line Bancshares, Inc. (MD) has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Old Line Bancshares, Inc. (MD) is 21.92%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Old Line Bancshares, Inc. (MD) will have a dividend payout ratio of 17.65% next year. This indicates that Old Line Bancshares, Inc. (MD) will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Old Line Bancshares, Inc. (MD) insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 12.36% of the stock of Old Line Bancshares, Inc. (MD) is held by insiders.
Percentage Held by Institutions
50.51% of the stock of Old Line Bancshares, Inc. (MD) is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Old Line Bancshares, Inc. (MD) are expected to grow by 18.78% in the coming year, from $2.29 to $2.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Old Line Bancshares, Inc. (MD) is 13.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.87.
Price to Earnings Ratio vs. Sector
The P/E ratio of Old Line Bancshares, Inc. (MD) is 13.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.29.
Price to Book Value per Share Ratio
Old Line Bancshares, Inc. (MD) has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.95 out of 5 stars

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 Ratio0.97

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio13.16

Forward P/E Ratio12.59

P/E GrowthN/A

Sales & Book Value

Annual Sales$123.25 million

Price / Sales3.98

Cash Flow$2.41 per share

Price / Cash Flow11.97

Book Value$21.82 per share

Price / Book1.32

Profitability

EPS (Most Recent Fiscal Year)$2.19

Net Income$27.22 million

Net Margins26.40%

Return on Equity9.56%

Return on Assets1.21%

Miscellaneous

Employees348

Outstanding Shares17,000,000

Market Cap$490.11 million

Next Earnings Date7/20/2020 (Estimated)

OptionableNot Optionable

Receive OLBK News and Ratings via Email

Sign-up to receive the latest news and ratings for OLBK and its competitors with MarketBeat's FREE daily newsletter.

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

How has Old Line Bancshares, Inc. (MD)'s stock been impacted by COVID-19 (Coronavirus)?

Old Line Bancshares, Inc. (MD)'s stock was trading at $28.83 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OLBK shares have increased by 0.0% and is now trading at $28.83. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Old Line Bancshares, Inc. (MD)?

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Old Line Bancshares, Inc. (MD).

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

Old Line Bancshares, Inc. (MD) is scheduled to release its next quarterly earnings announcement on Monday, July 20th 2020. View our earnings forecast for Old Line Bancshares, Inc. (MD).

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

Old Line Bancshares, Inc. (MD) (NASDAQ:OLBK) released its quarterly earnings results on Wednesday, October, 23rd. The bank reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. The bank earned $27.61 million during the quarter, compared to the consensus estimate of $28.38 million. Old Line Bancshares, Inc. (MD) had a net margin of 26.40% and a return on equity of 9.56%. View Old Line Bancshares, Inc. (MD)'s earnings history.

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, August 23rd. Shareholders of record on Friday, September 13th will be paid a dividend of $0.12 per share on Friday, September 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Thursday, September 12th. View Old Line Bancshares, Inc. (MD)'s dividend history.

What price target have analysts set for OLBK?

4 brokers have issued 12-month price objectives for Old Line Bancshares, Inc. (MD)'s shares. Their forecasts range from $33.00 to $33.00. On average, they anticipate Old Line Bancshares, Inc. (MD)'s stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price. View analysts' price targets for Old Line Bancshares, Inc. (MD).

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

Media coverage about OLBK stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Old Line Bancshares, Inc. (MD) earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave news headlines 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. View the latest news about Old Line Bancshares, Inc. (MD).

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

Some companies that are related to Old Line Bancshares, Inc. (MD) include Cathay General Bancorp (CATY), Associated Banc (ASB), Columbia Banking System (COLB), International Bancshares (IBOC), First Interstate Bancsystem (FIBK), ServisFirst Bancshares (SFBS), Independent Bank Group (IBTX), Hilltop (HTH), Ameris Bancorp (ABCB), South State (SSB), United Community Banks (UCBI), Texas Capital Bancshares (TCBI), Renasant (RNST), TowneBank (TOWN) and Banner (BANR). View all 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 Walt Disney (DIS), Dicks Sporting Goods (DKS), SYNNEX (SNX), AbbVie (ABBV), Aramark (ARMK), General Dynamics (GD), Kellogg (K), MKS Instruments (MKSI), Restoration Hardware (RH) and Boeing (BA).

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

Old Line Bancshares, Inc. (MD)'s management team includes the following 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)

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 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, Robinhood, 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 $28.83.

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

Old Line Bancshares, Inc. (MD) has a market capitalization of $490.11 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 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]

This page was last updated on 7/15/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Get Started with MarketBeat

	Read Your Daily Newsletter
	Check Out My MarketBeat
	Watch Our Tutorial Videos
	Add a Stock to Your Watchlist
	Set Up an Instant Alert
	View a Company's Profile Page
	View Our Financial Calendars
	View Today's Analyst Ratings