John Marshall Bancorp (NASDAQ:JMSB) Stock Rating Upgraded by Zacks Research

John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.

Other equities research analysts have also issued reports about the stock. Keefe, Bruyette & Woods boosted their price objective on shares of John Marshall Bancorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, September 14th. Weiss Ratings upgraded shares of John Marshall Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen raised shares of John Marshall Bancorp from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $25.00.

Read Our Latest Report on JMSB

John Marshall Bancorp Stock Performance

Shares of JMSB stock opened at $23.23 on Monday. The stock has a fifty day moving average price of $23.03 and a 200 day moving average price of $21.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $327.78 million, a PE ratio of 12.24 and a beta of 0.57. John Marshall Bancorp has a 1 year low of $18.60 and a 1 year high of $24.26.

John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last posted its earnings results on Wednesday, October 28th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.05. John Marshall Bancorp had a return on equity of 9.97% and a net margin of 21.84%. The company had revenue of $18.06 million for the quarter, compared to analyst estimates of $18.61 million. Sell-side analysts forecast that John Marshall Bancorp will post 1.95 earnings per share for the current fiscal year.

Institutional Investors Weigh In On John Marshall Bancorp

Hedge funds have recently modified their holdings of the company. Legal & General Group Plc bought a new position in John Marshall Bancorp during the 2nd quarter valued at $25,000. Renaissance Technologies LLC increased its position in shares of John Marshall Bancorp by 22.0% in the 1st quarter. Renaissance Technologies LLC now owns 31,600 shares of the company’s stock worth $641,000 after purchasing an additional 5,700 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of John Marshall Bancorp by 55.6% in the 1st quarter. Quantinno Capital Management LP now owns 25,245 shares of the company’s stock valued at $512,000 after purchasing an additional 9,025 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of John Marshall Bancorp in the 2nd quarter valued at about $240,000. Finally, GSA Capital Partners LLP bought a new position in shares of John Marshall Bancorp during the second quarter worth about $327,000. 39.09% of the stock is owned by institutional investors and hedge funds.

John Marshall Bancorp Company Profile

(Get Free Report)

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.
 
The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

Further Reading

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