NASDAQ:PVBCProvident Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Provident Bancorp Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.81 -0.07 (-0.89 %) (As of 08/6/2020 04:00 PM ET) Add Compare Share Today's Range$7.78Now: $7.81▼$7.8950-Day Range$7.48MA: $7.88▼$8.5552-Week Range$7.21Now: $7.81▼$13.90Volume60,600 shsAverage Volume34,817 shsMarket Capitalization$152.14 millionP/E Ratio10.28Dividend Yield1.52%Beta0.92 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Provident Bancorp, Inc. is a Maryland corporation that was formed in 2019 to be the successor corporation to Provident Bancorp, Inc., a Massachusetts corporation, and the holding company for The Provident Bank. The Provident Bank, a subsidiary of Provident Bancorp, Inc. is an innovative, commercial bank that finds solutions for its business and private clients.Read More Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingProvident Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, Provident Bancorp has a potential upside of 53.6% from its current price of $7.81.Amount of Analyst CoverageProvident Bancorp has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesProvident Bancorp has received 87 “outperform” votes. (Add your “outperform” vote.)Underperform VotesProvident Bancorp has received 120 “underperform” votes. (Add your “underperform” vote.)Community SentimentProvident Bancorp has received 57.97% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Provident Bancorp and other stocks. Vote “Outperform” if you believe PVBC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PVBC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldProvident Bancorp has a dividend yield of 1.52%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthProvident Bancorp has only been increasing its dividend for 1 years. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Provident Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.33% of the stock of Provident Bancorp is held by insiders.Percentage Held by Institutions38.88% of the stock of Provident Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Provident Bancorp is 10.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Provident Bancorp is 10.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.00.Price to Book Value per Share RatioProvident Bancorp has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.47 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Federal savings institutions Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:PVBC Previous Symbol CUSIPN/A CIK1635840 Webwww.theprovidentbank.com Phone978-834-8555Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E Ratio10.28 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$55.65 million Price / Sales2.73 Cash Flow$0.53 per share Price / Cash Flow14.87 Book Value$6.45 per share Price / Book1.21Profitability EPS (Most Recent Fiscal Year)N/A Net Income$10.81 million Net Margins17.82% Return on Equity7.45% Return on Assets0.95%Miscellaneous EmployeesN/A Outstanding Shares19,480,000Market Cap$152.14 million Next Earnings Date10/15/2020 (Estimated) OptionableNot Optionable $7.81 -0.07 (-0.89 %) (As of 08/6/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PVBC News and Ratings via Email Sign-up to receive the latest news and ratings for PVBC and its competitors with MarketBeat's FREE daily newsletter. Provident Bancorp (NASDAQ:PVBC) Frequently Asked Questions How has Provident Bancorp's stock been impacted by COVID-19 (Coronavirus)? Provident Bancorp's stock was trading at $8.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PVBC shares have decreased by 11.9% and is now trading at $7.81. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Provident Bancorp? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Provident Bancorp. When is Provident Bancorp's next earnings date? Provident Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, October 15th 2020. View our earnings forecast for Provident Bancorp. How were Provident Bancorp's earnings last quarter? Provident Bancorp Inc (NASDAQ:PVBC) posted its earnings results on Friday, July, 17th. The bank reported $0.18 EPS for the quarter. The bank earned $13.74 million during the quarter. Provident Bancorp had a net margin of 17.82% and a return on equity of 7.45%. View Provident Bancorp's earnings history. How often does Provident Bancorp pay dividends? What is the dividend yield for Provident Bancorp? Provident Bancorp announced a quarterly dividend on Friday, July 17th. Stockholders of record on Thursday, July 30th will be paid a dividend of $0.03 per share on Thursday, August 13th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Wednesday, July 29th. View Provident Bancorp's dividend history. What price target have analysts set for PVBC? 1 analysts have issued 12-month price targets for Provident Bancorp's stock. Their forecasts range from $12.00 to $12.00. On average, they expect Provident Bancorp's share price to reach $12.00 in the next year. This suggests a possible upside of 53.6% from the stock's current price. View analysts' price targets for Provident Bancorp. Has Provident Bancorp been receiving favorable news coverage? News articles about PVBC stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Provident Bancorp earned a news sentiment score of 2.1 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Provident Bancorp. Are investors shorting Provident Bancorp? Provident Bancorp saw a increase in short interest in July. As of July 31st, there was short interest totaling 78,500 shares, an increase of 8.9% from the July 15th total of 72,100 shares. Based on an average daily volume of 37,700 shares, the short-interest ratio is presently 2.1 days. Currently, 1.1% of the shares of the stock are short sold. View Provident Bancorp's Current Options Chain. Who are some of Provident Bancorp's key competitors? Some companies that are related to Provident Bancorp include Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), Waterstone Financial (WSBF), NASB Financial (NASB), BBX Capital (BBXTB), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), Hometrust Bancshares (HTBI), Territorial Bancorp (TBNK), First Capital (FCAP), PDL Community Bancorp (PDLB), Sterling Bancorp (SBT), Oconee Federal Financial (OFED), North Dallas Bank Trust (NODB), BCB Bancorp (BCBP) and Northrim BanCorp (NRIM). View all competitors. What other stocks do shareholders of Provident Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Bancorp investors own include Independent Bank (INDB), Ring Energy (REI), Ring Energy (REI), International Paper (IP), Altria Group (MO), Royal Bank of Canada (RY), Shaw Communications (SJR), Southern (SO), Suncor Energy (SU) and AT&T (T). Who are Provident Bancorp's key executives? Provident Bancorp's management team includes the following people: Mr. David P. Mansfield, Pres, CEO & Director (Age 56)Ms. Carol L. Houle, CFO & Exec. VP (Age 47)Kimberly Scholtz, Sec.Ms. Anne Lapointe, Exec. VP & Chief Admin. Officer of The Provident Bank What is Provident Bancorp's stock symbol? Provident Bancorp trades on the NASDAQ under the ticker symbol "PVBC." Who are Provident Bancorp's major shareholders? Provident Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include TCW Group Inc. (2.65%), GWM Advisors LLC (0.17%), Strs Ohio (0.14%), Lynch & Associates IN (0.12%), Raymond James Financial Services Advisors Inc. (0.08%) and UBS Group AG (0.06%). View institutional ownership trends for Provident Bancorp. Which major investors are selling Provident Bancorp stock? PVBC stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., Lynch & Associates IN, Raymond James Financial Services Advisors Inc., and UBS Group AG. View insider buying and selling activity for Provident Bancorp. Which major investors are buying Provident Bancorp stock? PVBC stock was purchased by a variety of institutional investors in the last quarter, including GWM Advisors LLC, Strs Ohio, and First Quadrant L P CA. View insider buying and selling activity for Provident Bancorp. How do I buy shares of Provident Bancorp? Shares of PVBC 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 Provident Bancorp's stock price today? One share of PVBC stock can currently be purchased for approximately $7.81. How big of a company is Provident Bancorp? Provident Bancorp has a market capitalization of $152.11 million and generates $55.65 million in revenue each year. What is Provident Bancorp's official website? The official website for Provident Bancorp is www.theprovidentbank.com. How can I contact Provident Bancorp? Provident Bancorp's mailing address is 5 MARKET STREET, AMESBURY MA, 01913. The bank can be reached via phone at 978-834-8555. This page was last updated on 8/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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 Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
