Somewhat Positive Media Coverage Somewhat Unlikely to Impact Farmers & Merchants Bancorp (NASDAQ:FMAO) Share Price

Press coverage about Farmers & Merchants Bancorp (NASDAQ:FMAO) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Farmers & Merchants Bancorp earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.196890968759 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of NASDAQ:FMAO traded down $0.07 on Thursday, hitting $39.84. The company’s stock had a trading volume of 4,271 shares, compared to its average volume of 10,852. Farmers & Merchants Bancorp has a 1 year low of $21.05 and a 1 year high of $44.00. The stock has a market cap of $366.65, a P/E ratio of 28.92 and a beta of 0.07. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.04.

Farmers & Merchants Bancorp (NASDAQ:FMAO) last released its quarterly earnings results on Thursday, February 8th. The financial services provider reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.02. Farmers & Merchants Bancorp had a return on equity of 9.67% and a net margin of 24.47%. The firm had revenue of $12.25 million for the quarter, compared to analysts’ expectations of $12.18 million. equities research analysts expect that Farmers & Merchants Bancorp will post 1.6 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 20th. Shareholders of record on Tuesday, March 27th will be issued a $0.13 dividend. The ex-dividend date is Monday, March 26th. This represents a $0.52 annualized dividend and a dividend yield of 1.31%. Farmers & Merchants Bancorp’s payout ratio is currently 37.68%.

A number of brokerages recently issued reports on FMAO. Zacks Investment Research raised Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a report on Thursday, December 21st. Boenning Scattergood reissued a “hold” rating on shares of Farmers & Merchants Bancorp in a report on Tuesday, February 13th. Finally, ValuEngine raised Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating in a report on Monday.

In other Farmers & Merchants Bancorp news, Director Steven Everhart sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $42.21, for a total value of $84,420.00. Following the sale, the director now owns 19,580 shares of the company’s stock, valued at approximately $826,471.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.51% of the company’s stock.

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About Farmers & Merchants Bancorp

Farmers & Merchants Bancorp, Inc operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking accounts; savings and time deposits, including certificates of deposits; and custodial services for individual retirement accounts and health savings accounts.

Insider Buying and Selling by Quarter for Farmers & Merchants Bancorp (NASDAQ:FMAO)

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