Media stories about Farmers National Banc (NASDAQ:FMNB) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Farmers National Banc earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the bank an impact score of 45.5987972866725 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of analysts recently weighed in on FMNB shares. ValuEngine raised shares of Farmers National Banc from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research upgraded shares of Farmers National Banc from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Friday, January 5th. Sandler O’Neill reiterated a “hold” rating and issued a $15.00 price objective on shares of Farmers National Banc in a report on Tuesday, March 27th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $17.00 price objective on shares of Farmers National Banc in a report on Friday, December 22nd. Finally, Raymond James Financial upgraded shares of Farmers National Banc from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. Farmers National Banc presently has an average rating of “Hold” and a consensus price target of $16.33.
FMNB traded up $0.15 on Thursday, hitting $14.35. 31,604 shares of the company’s stock were exchanged, compared to its average volume of 37,203. The firm has a market cap of $386.97, a price-to-earnings ratio of 15.94 and a beta of 0.41. Farmers National Banc has a twelve month low of $12.65 and a twelve month high of $15.95. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.03.
The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Shareholders of record on Friday, March 9th were given a $0.07 dividend. This is a boost from Farmers National Banc’s previous quarterly dividend of $0.06. The ex-dividend date was Thursday, March 8th. This represents a $0.28 annualized dividend and a yield of 1.95%. Farmers National Banc’s dividend payout ratio is 31.11%.
In other news, Director Edward Muransky bought 6,850 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was purchased at an average price of $14.99 per share, for a total transaction of $102,681.50. Following the transaction, the director now owns 23,934 shares in the company, valued at $358,770.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders acquired 8,212 shares of company stock valued at $121,597. 9.11% of the stock is owned by insiders.
About Farmers National Banc
Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, credit card, brokerage, and other services.
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