NASDAQ:PVBC - Provident Bancorp Stock Price, Forecast & News

Provident Bancorp's stock was trading at $8.86 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PVBC shares have decreased by 2.4% and is now trading at $8.65. View which stocks have been mosted impacted by Coronavirus.

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.

Provident Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for Provident Bancorp.

Provident Bancorp Inc (NASDAQ:PVBC) released its quarterly earnings results on Thursday, January, 23rd. The bank reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.03. The bank earned $12.54 million during the quarter. Provident Bancorp had a net margin of 19.42% and a return on equity of 8.31%. View Provident Bancorp's earnings history.

1 analysts have issued 1-year price targets for Provident Bancorp's shares. 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 twelve months. This suggests a possible upside of 38.7% from the stock's current price. View analysts' price targets for Provident Bancorp.

News coverage about PVBC stock has trended very positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Provident Bancorp earned a coverage optimism score of 3.1 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutProvident Bancorp.

Provident Bancorp saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 38,400 shares, an increase of 108.7% from the February 27th total of 18,400 shares. Based on an average trading volume of 119,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the company's stock are sold short. View Provident Bancorp's Current Options Chain.

Some companies that are related to Provident Bancorp include First Defiance Financial (FDEF), Northfield Bancorp (NFBK), Dime Community Bancshares (DCOM), Waterstone Financial (WSBF), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), NASB Financial (NASB), Hometrust Bancshares (HTBI), Territorial Bancorp (TBNK), PDL Community Bancorp (PDLB), Sterling Bancorp (SBT), BCB Bancorp (BCBP), First Capital (FCAP), Western New England Bancorp (WNEB), Northrim BanCorp (NRIM) and BBX Capital (BBXTB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Bancorp investors own include Independent Bank (INDB), Walgreens Boots Alliance (WBA), International Paper (IP), Altria Group (MO), Royal Bank of Canada (RY), Shaw Communications (SJR), Southern (SO), Suncor Energy (SU), AT&T (T) and Toronto-Dominion Bank (TD).

Provident Bancorp trades on the NASDAQ under the ticker symbol "PVBC."

Provident Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include TCW Group Inc. (1.35%), State Street Corp (1.02%), Renaissance Technologies LLC (0.95%), Geode Capital Management LLC (0.77%), Royce & Associates LP (0.38%) and Lynch & Associates IN (0.35%). View institutional ownership trends for Provident Bancorp.

PVBC stock was sold by a variety of institutional investors in the last quarter, including Rockland Trust Co., and New York State Common Retirement Fund. View insider buying and selling activity for Provident Bancorp.

PVBC stock was purchased by a variety of institutional investors in the last quarter, including TCW Group Inc., Renaissance Technologies LLC, State Street Corp, Royce & Associates LP, Lynch & Associates IN, Geode Capital Management LLC, Stilwell Value LLC, and Connor Clark & Lunn Investment Management Ltd.. View insider buying and selling activity for 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.

One share of PVBC stock can currently be purchased for approximately $8.65.

Provident Bancorp has a market capitalization of $168.50 million and generates $55.65 million in revenue each year.  View additional information about Provident Bancorp.

The official website for Provident Bancorp is http://www.theprovidentbank.com/.

Provident Bancorp's mailing address is 5 MARKET STREET, AMESBURY MA, 01913. The bank can be reached via phone at 978-834-8555.