Salisbury Bancorp - SAL Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Salisbury Bancorp in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SAL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAL, but not buy additional shares or sell existing shares.
View SAL analyst ratings or view top-rated stocks.

Salisbury Bancorp's stock was trading at $31.40 at the start of the year. Since then, SAL stock has decreased by 23.2% and is now trading at $24.10.
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Salisbury Bancorp saw a decline in short interest in March. As of March 15th, there was short interest totaling 4,600 shares, a decline of 20.7% from the February 28th total of 5,800 shares. Based on an average trading volume of 7,600 shares, the days-to-cover ratio is presently 0.6 days.
View Salisbury Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our SAL earnings forecast.

Salisbury Bancorp, Inc. (NASDAQ:SAL) announced its quarterly earnings results on Tuesday, October, 19th. The bank reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.38 by $0.08. The bank earned $13.01 million during the quarter, compared to the consensus estimate of $13.40 million. Salisbury Bancorp had a net margin of 25.51% and a trailing twelve-month return on equity of 12.37%.

Salisbury Bancorp declared a quarterly dividend on Wednesday, January 25th. Investors of record on Friday, February 10th will be paid a dividend of $0.16 per share on Friday, February 24th. This represents a $0.64 annualized dividend and a yield of 2.66%. The ex-dividend date is Thursday, February 9th.
Read our dividend analysis for SAL.

Salisbury Bancorp (NASDAQ:SAL) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.54%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SAL will have a dividend payout ratio of 18.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SAL.

Shares of Salisbury Bancorp split on Friday, July 1st 2022. The 2-1 split was announced on Friday, July 1st 2022. The newly minted shares were distributed to shareholders after the closing bell on Friday, July 1st 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

2 employees have rated Salisbury Bancorp Chief Executive Officer Richard J. Cantele Jr. on Glassdoor.com. Richard J. Cantele Jr. has an approval rating of 51% among the company's employees. This puts Richard J. Cantele Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Salisbury Bancorp investors own include Royal Bank of Canada (RY), Weyerhaeuser (WY), Verizon Communications (VZ), AbbVie (ABBV), Dominion Energy (D), Gilead Sciences (GILD), Huntington Bancshares (HBAN), International Business Machines (IBM), Altria Group (MO) and PENN Entertainment (PENN).

Salisbury Bancorp trades on the NASDAQ under the ticker symbol "SAL."

Salisbury Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FJ Capital Management LLC (6.65%), Alliancebernstein L.P. (3.37%), Boothbay Fund Management LLC (1.49%), Banc Funds Co. LLC (0.87%), Geode Capital Management LLC (0.83%) and Susquehanna International Group LLP (0.35%). Insiders that own company stock include Grace E Schalkwyk, Paul S Hoffner, Steven M Essex, Steven M Essex and Todd J Rubino.
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Shares of SAL 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 SAL stock can currently be purchased for approximately $24.10.

Salisbury Bancorp (NASDAQ:SAL) has a market capitalization of $139.78 million and generates $61.71 million in revenue each year. The bank earns $15.87 million in net income (profit) each year or $2.7350 on an earnings per share basis.

The company employs 184 workers across the globe.

Salisbury Bancorp's mailing address is 5 BISSELL STREET, LAKEVILLE CT, 06039. The official website for the company is www.salisburybank.com. The bank can be reached via phone at (860) 435-9801, via email at shumeston@salisburybank.com, or via fax at 860-435-0631.