Farmers National Banc Corp. (NASDAQ:FMNB – Get Free Report) declared a quarterly dividend on Tuesday, May 26th. Investors of record on Friday, June 12th will be paid a dividend of 0.17 per share by the bank on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Friday, June 12th.
Farmers National Banc has raised its dividend payment by an average of 0.1%per year over the last three years. Farmers National Banc has a dividend payout ratio of 43.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Farmers National Banc to earn $1.75 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 38.9%.
Farmers National Banc Stock Performance
Shares of FMNB opened at $14.27 on Wednesday. The stock has a market capitalization of $845.07 million, a price-to-earnings ratio of 9.84 and a beta of 0.77. Farmers National Banc has a 12 month low of $12.12 and a 12 month high of $15.50. The firm has a fifty day simple moving average of $13.65 and a 200 day simple moving average of $13.50. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.19.
Wall Street Analysts Forecast Growth
FMNB has been the topic of a number of recent research reports. Weiss Ratings raised Farmers National Banc from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 8th. Zacks Research upgraded Farmers National Banc from a “strong sell” rating to a “hold” rating in a research note on Friday, April 3rd. Piper Sandler upped their price objective on Farmers National Banc from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Finally, Wall Street Zen raised Farmers National Banc from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Farmers National Banc has a consensus rating of “Hold” and a consensus price target of $16.00.
View Our Latest Stock Analysis on Farmers National Banc
Farmers National Banc Company Profile
Farmers National Banc Corp. operates as the bank holding company for Farmers National Bank, a community-oriented financial institution headquartered in Ada, Ohio. The company provides a comprehensive suite of banking services through a network of branches serving rural and small-town markets across central Ohio. Its local decision-making model emphasizes personalized customer service and close ties to the communities it serves.
The company’s primary business activities include the origination of commercial loans, consumer installment loans, agricultural financing, and residential mortgages.
See Also
- Five stocks we like better than Farmers National Banc
- Modine’s $4B AI Coup Freezes Out the Competition
- What Investors Need to Know About TSMC’s Hefty 17% Dividend Increase
- The SpaceX IPO Frenzy Is Creating 2 Very Different Bets
- AI Can’t Reach the Real World Without These 3 Stocks
Receive News & Ratings for Farmers National Banc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers National Banc and related companies with MarketBeat.com's FREE daily email newsletter.
