John Marshall Bancorp, Inc. (NASDAQ:JMSB – Get Free Report) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 340,199 shares, an increase of 83.7% from the August 31st total of 185,191 shares. Based on an average daily volume of 93,779 shares, the short-interest ratio is presently 3.6 days. Approximately 2.8% of the shares of the company are short sold.
John Marshall Bancorp Stock Performance
John Marshall Bancorp stock traded down $0.20 during mid-day trading on Tuesday, reaching $22.90. The company had a trading volume of 53,152 shares, compared to its average volume of 41,710. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.44. John Marshall Bancorp has a 52 week low of $18.50 and a 52 week high of $24.26. The company has a 50 day moving average of $23.07 and a 200-day moving average of $21.79. The firm has a market cap of $323.12 million, a price-to-earnings ratio of 13.24 and a beta of 0.58.
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. John Marshall Bancorp had a net margin of 20.41% and a return on equity of 9.16%. The business had revenue of $18.78 million during the quarter, compared to analysts’ expectations of $17.41 million. On average, sell-side analysts expect that John Marshall Bancorp will post 1.94 EPS for the current fiscal year.
John Marshall Bancorp Increases Dividend
Analyst Ratings Changes
JMSB has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods lifted their price target on shares of John Marshall Bancorp from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. Wall Street Zen raised shares of John Marshall Bancorp from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. Zacks Research lowered shares of John Marshall Bancorp from a “hold” rating to a “strong sell” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of John Marshall Bancorp in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $25.00.
Read Our Latest Stock Analysis on John Marshall Bancorp
Institutional Trading of John Marshall Bancorp
Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in John Marshall Bancorp during the second quarter worth $21,460,000. Bank of New York Mellon Corp acquired a new position in shares of John Marshall Bancorp in the 2nd quarter valued at $740,000. Rhino Investment Partners Inc raised its stake in shares of John Marshall Bancorp by 25.0% in the 1st quarter. Rhino Investment Partners Inc now owns 118,580 shares of the company’s stock valued at $2,405,000 after buying an additional 23,740 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of John Marshall Bancorp during the 2nd quarter worth about $460,000. Finally, Bank of America Corp DE bought a new position in shares of John Marshall Bancorp during the 2nd quarter worth about $3,883,000. 39.09% of the stock is currently owned by institutional investors.
John Marshall Bancorp Company Profile
Further Reading
- Five stocks we like better than John Marshall Bancorp
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
- Bottlenecking the Future: TSMC Prices Out the Competition
- Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock?
Receive News & Ratings for John Marshall Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Marshall Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
