Peoples Bancorp of North Carolina (PEBK) Stock Forecast, Price & News

Peoples Bancorp of North Carolina's stock was trading at $32.56 at the start of the year. Since then, PEBK shares have decreased by 33.6% and is now trading at $21.62.
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Peoples Bancorp of North Carolina saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 9,700 shares, an increase of 44.8% from the August 31st total of 6,700 shares. Based on an average trading volume of 5,800 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.2% of the company's shares are short sold.
View Peoples Bancorp of North Carolina's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our PEBK earnings forecast.

Peoples Bancorp of North Carolina, Inc. (NASDAQ:PEBK) announced its earnings results on Monday, July, 24th. The bank reported $0.85 earnings per share for the quarter. The bank had revenue of $20.17 million for the quarter. Peoples Bancorp of North Carolina had a trailing twelve-month return on equity of 15.98% and a net margin of 19.85%.

Peoples Bancorp of North Carolina announced a quarterly dividend on Monday, August 21st. Stockholders of record on Tuesday, September 5th will be paid a dividend of $0.19 per share on Friday, September 15th. This represents a $0.76 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend is Friday, September 1st.
Read our dividend analysis for PEBK.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) pays an annual dividend of $0.76 per share and currently has a dividend yield of 3.50%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.68%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PEBK.

3 employees have rated Peoples Bancorp of North Carolina Chief Executive Officer Lance A. Sellers on Glassdoor.com. Lance A. Sellers has an approval rating of 100% among the company's employees. This puts Lance A. Sellers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Peoples Bancorp of North Carolina investors own include Wells Fargo & Company (WFC), AbbVie (ABBV), Franklin Resources (BEN), CenterPoint Energy (CNP), Dominion Energy (D), Consolidated Edison (ED), Eastman Chemical (EMN), Enbridge (ENB), Enterprise Products Partners (EPD) and Energy Transfer (ET).

Peoples Bancorp of North Carolina trades on the NASDAQ under the ticker symbol "PEBK."

Peoples Bancorp of North Carolina's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Fourthstone LLC (9.96%), Gendell Jeffrey L (3.86%), Dimensional Fund Advisors LP (2.68%), Geode Capital Management LLC (0.81%), BlackRock Inc. (0.73%) and Renaissance Technologies LLC (0.41%). Insiders that own company stock include Benjamin I Zachary, Billy L Dr Price Jr, Christine S Abernethy, Douglas S Howard, James S Abernethy, James S Abernethy, Lance A Sellers, William D Cable and William Gregory Terry.
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Shares of PEBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PEBK stock can currently be purchased for approximately $21.62.

Peoples Bancorp of North Carolina (NASDAQ:PEBK) has a market capitalization of $120.86 million and generates $81.12 million in revenue each year. The bank earns $16.12 million in net income (profit) each year or $3.08 on an earnings per share basis.

The company employs 279 workers across the globe.

Peoples Bancorp of North Carolina's mailing address is 518 WEST C STREET, NEWTON NC, 28658. The official website for the company is www.peoplesbanknc.com. The bank can be reached via phone at (828) 464-5620 or via fax at 704-465-5210.