NASDAQ:PVBC

Provident Bancorp (PVBC) Stock Price, News & Analysis

$9.37
+0.02 (+0.21%)
(As of 05/14/2024 ET)
Today's Range
$9.35
$9.54
50-Day Range
$7.72
$9.83
52-Week Range
$7.14
$11.52
Volume
36,129 shs
Average Volume
36,770 shs
Market Capitalization
$165.44 million
P/E Ratio
11.15
Dividend Yield
N/A
Price Target
$11.00

Provident Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
17.4% Upside
$11.00 Price Target
Short Interest
Bearish
1.51% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of Provident Bancorp in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
76.00%
From $0.25 to $0.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.99 out of 5 stars

Finance Sector

1883rd out of 2,641 stocks

Savings Institutions, Except Federal Industry

37th out of 63 stocks

PVBC stock logo

About Provident Bancorp Stock (NASDAQ:PVBC)

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.

PVBC Stock Price History

PVBC Stock News Headlines

PVBC Mar 2024 10.000 put
Provident Bancorp Inc (PVBC)
Provident Bancorp Inc PVBC
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Company Calendar

Last Earnings
10/27/2021
Today
5/14/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Savings institutions, except federal
Sub-Industry
N/A
Current Symbol
NASDAQ:PVBC
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$11.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+17.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$10.95 million
Pretax Margin
15.18%

Debt

Sales & Book Value

Annual Sales
$60.15 million
Cash Flow
$0.69 per share
Book Value
$12.55 per share

Miscellaneous

Free Float
16,971,000
Market Cap
$165.44 million
Optionable
Optionable
Beta
0.50
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PVBC Stock Analysis - Frequently Asked Questions

Should I buy or sell Provident Bancorp stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Provident 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" PVBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PVBC, but not buy additional shares or sell existing shares.
View PVBC analyst ratings
or view top-rated stocks.

What is Provident Bancorp's stock price target for 2024?

1 equities research analysts have issued 1-year target prices for Provident Bancorp's stock. Their PVBC share price targets range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price.
View analysts price targets for PVBC
or view top-rated stocks among Wall Street analysts.

How have PVBC shares performed in 2024?

Provident Bancorp's stock was trading at $10.07 at the beginning of 2024. Since then, PVBC shares have decreased by 7.0% and is now trading at $9.37.
View the best growth stocks for 2024 here
.

When is Provident Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our PVBC earnings forecast
.

How were Provident Bancorp's earnings last quarter?

Provident Bancorp Inc (NASDAQ:PVBC) posted its quarterly earnings results on Wednesday, October, 27th. The bank reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.07. The bank earned $17.33 million during the quarter, compared to analyst estimates of $16.29 million. Provident Bancorp had a net margin of 14.09% and a trailing twelve-month return on equity of 6.34%.

Is Provident Bancorp a good dividend stock?

Provident Bancorp (NASDAQ:PVBC) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 4.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PVBC will have a dividend payout ratio of 9.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PVBC.

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), 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).

Who are Provident Bancorp's major shareholders?

Provident Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Empowered Funds LLC (0.20%). Insiders that own company stock include Carol L Houle, Joseph Stilwell, Kathleen Chase Curran and Laurie H Knapp.
View institutional ownership trends
.

How do I buy shares of Provident Bancorp?

Shares of PVBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PVBC) was last updated on 5/15/2024 by MarketBeat.com Staff

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