Howard Bancorp (HBMD) Given Daily News Sentiment Score of 0.24

Headlines about Howard Bancorp (NASDAQ:HBMD) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Howard Bancorp earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.0660784323423 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 HBMD stock opened at $19.20 on Friday. The stock has a market cap of $183.65, a price-to-earnings ratio of 24.29 and a beta of -0.05. Howard Bancorp has a 1 year low of $16.70 and a 1 year high of $24.20. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.01.

Howard Bancorp (NASDAQ:HBMD) last issued its quarterly earnings data on Monday, January 22nd. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $14.53 million for the quarter, compared to analysts’ expectations of $15.35 million. Howard Bancorp had a return on equity of 5.72% and a net margin of 11.51%. analysts predict that Howard Bancorp will post 1.25 earnings per share for the current year.

Several equities analysts recently commented on the company. Zacks Investment Research raised Howard Bancorp from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Wednesday, January 10th. Merion Capital Group raised Howard Bancorp from a “neutral” rating to an “outperform” rating and set a $23.00 price objective on the stock in a report on Friday, February 9th. They noted that the move was a valuation call. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $23.00.

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About Howard Bancorp

Howard Bancorp, Inc is the bank holding company of Howard Bank. The Company’s primary business is to own all of the capital stock of Howard Bank. The Company operates through Community Banking segment. Howard Bank is a trust company, which has approximately four operating subsidiaries. The Company offers a range of services to its customers, including wire transfer services, automated teller machine (ATM) and check cards, ATMs at all of its service branch locations, safe deposit boxes at all service locations and credit cards through a third-party processor.

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