John Marshall Bancorp (NASDAQ:JMSB) Downgraded by Wall Street Zen to “Hold”

John Marshall Bancorp (NASDAQ:JMSB) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

JMSB has been the topic of several other research reports. Zacks Research upgraded shares of John Marshall Bancorp from a “strong sell” rating to a “hold” rating in a research report on Monday, November 2nd. Weiss Ratings upgraded John Marshall Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of John Marshall Bancorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, John Marshall Bancorp has an average rating of “Buy” and a consensus price target of $25.00.

John Marshall Bancorp Trading Up 1.3%

Shares of JMSB stock opened at $23.20 on Friday. The business’s fifty day moving average price is $23.06 and its 200 day moving average price is $21.70. John Marshall Bancorp has a 1-year low of $18.82 and a 1-year high of $24.26. The firm has a market capitalization of $327.35 million, a PE ratio of 12.24 and a beta of 0.57. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.08 and a quick ratio of 1.08.

John Marshall Bancorp (NASDAQ:JMSB) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.05. John Marshall Bancorp had a net margin of 21.84% and a return on equity of 9.97%. The business had revenue of $18.06 million for the quarter, compared to the consensus estimate of $18.61 million. As a group, sell-side analysts forecast that John Marshall Bancorp will post 1.95 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Legal & General Group Plc bought a new stake in John Marshall Bancorp in the second quarter valued at $25,000. Deutsche Bank AG acquired a new stake in shares of John Marshall Bancorp during the second quarter worth about $240,000. GSA Capital Partners LLP acquired a new position in John Marshall Bancorp during the 2nd quarter worth approximately $327,000. Blue Edge Capital LLC acquired a new stake in John Marshall Bancorp during the 2nd quarter worth about $338,000. Finally, Man Group plc bought a new position in John Marshall Bancorp during the 2nd quarter valued at about $366,000. Institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Company Profile

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.

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