Provident Bancorp - PVBC Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Bancorp in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PVBC shares.
View PVBC analyst ratings or view top-rated stocks.

1 analysts have issued 12-month price objectives for Provident Bancorp's stock. Their PVBC share price forecasts range from $18.00 to $18.00. On average, they predict the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for PVBC or view top-rated stocks among Wall Street analysts.

Provident Bancorp's stock was trading at $18.60 at the beginning of the year. Since then, PVBC shares have decreased by 17.9% and is now trading at $15.27.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our PVBC earnings forecast.

Provident Bancorp Inc (NASDAQ:PVBC) posted its quarterly earnings results on Thursday, July, 28th. The bank reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.06.

Provident Bancorp declared a quarterly dividend on Thursday, July 28th. Shareholders of record on Friday, August 12th will be given a dividend of $0.04 per share on Friday, August 26th. This represents a $0.16 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, August 11th.
Read our dividend analysis for PVBC.

Provident Bancorp (NASDAQ:PVBC) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PVBC will have a dividend payout ratio of 9.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PVBC.

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

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 investors include Price T Rowe Associates Inc. MD (9.42%), M3F Inc. (4.52%), Jacobs Asset Management LLC (2.59%), Kennedy Capital Management Inc. (1.65%), State Street Corp (1.41%) and Maltese Capital Management LLC (1.26%).
View institutional ownership trends.

Shares of PVBC 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 PVBC stock can currently be purchased for approximately $15.27.

Provident Bancorp (NASDAQ:PVBC) has a market capitalization of $271.97 million and generates $69.97 million in revenue each year. The bank earns $16.14 million in net income (profit) each year or $1.16 on an earnings per share basis.

Provident Bancorp's mailing address is 5 MARKET STREET, AMESBURY MA, 01913. The official website for the company is www.theprovidentbank.com. The bank can be reached via phone at 978-834-8555.