How have GLBZ shares performed in 2024?

Glen Burnie Bancorp's stock was trading at $6.00 on January 1st, 2024. Since then, GLBZ stock has decreased by 15.0% and is now trading at $5.10. View the best growth stocks for 2024 here .

Are investors shorting Glen Burnie Bancorp?

Glen Burnie Bancorp saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 10,500 shares, a decrease of 12.5% from the March 15th total of 12,000 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.5% of the shares of the company are short sold. View Glen Burnie Bancorp's Short Interest .

When is Glen Burnie Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our GLBZ earnings forecast .

How were Glen Burnie Bancorp's earnings last quarter?

Glen Burnie Bancorp (NASDAQ:GLBZ) issued its quarterly earnings results on Friday, February, 16th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter. The financial services provider had revenue of $3.19 million for the quarter. Glen Burnie Bancorp had a net margin of 9.90% and a trailing twelve-month return on equity of 8.41%.

How often does Glen Burnie Bancorp pay dividends? What is the dividend yield for Glen Burnie Bancorp?

Glen Burnie Bancorp declared a quarterly dividend on Thursday, April 11th. Shareholders of record on Monday, April 22nd will be given a dividend of $0.10 per share on Monday, May 6th. This represents a $0.40 annualized dividend and a dividend yield of 7.84%. The ex-dividend date of this dividend is Friday, April 19th. Read our dividend analysis for GLBZ .

Is Glen Burnie Bancorp a good dividend stock?

Glen Burnie Bancorp (NASDAQ:GLBZ) pays an annual dividend of $0.40 per share and currently has a dividend yield of 7.80%. GLBZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for GLBZ .

What other stocks do shareholders of Glen Burnie Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Glen Burnie Bancorp investors own include Boeing (BA) , Cinemark (CNK) , General Mills (GIS) , Marathon Petroleum (MPC) , Occidental Petroleum (OXY) , Wells Fargo & Company (WFC) , AbbVie (ABBV) , Preferred Apartment Communities (APTS) , Algonquin Power & Utilities (AQN) and BCE (BCE) .

How do I buy shares of Glen Burnie Bancorp?

Shares of GLBZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:GLBZ

Glen Burnie Bancorp (GLBZ) Stock Price, News & Analysis

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$5.10

-0.07 (-1.35%)

(As of 04/18/2024 ET)

Compare

Today's Range: $5.10
▼
$5.10
50-Day Range: $5.02
▼
$6.93
52-Week Range: $4.90
▼
$9.82

Volume: 1,899 shs
Average Volume: 5,347 shs
Market Capitalization: $14.74 million

P/E Ratio: 10.20
Dividend Yield: 7.84%
Price Target: N/A

Get Glen Burnie Bancorp alerts:

Glen Burnie Bancorp MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.45% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.50
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$8,930 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Finance Sector

495th out of 824 stocks

State Commercial Banks Industry

125th out of 172 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Glen Burnie Bancorp.

5.0

Short Interest

Percentage of Shares Shorted
0.45% of the float of Glen Burnie Bancorp has been sold short.
Short Interest Ratio / Days to Cover
Glen Burnie Bancorp has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Glen Burnie Bancorp has recently decreased by 12.50%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Glen Burnie Bancorp is a leading dividend payer. It pays a dividend yield of 7.80%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Glen Burnie Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Glen Burnie Bancorp is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GLBZ.

1.9

News and Social Media Coverage

News Sentiment
Glen Burnie Bancorp has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Glen Burnie Bancorp this week, compared to 0 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Glen Burnie Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,930.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
14.11% of the stock of Glen Burnie Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 9.78% of the stock of Glen Burnie Bancorp is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Glen Burnie Bancorp is 10.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Glen Burnie Bancorp is 10.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.88.
Price to Book Value per Share Ratio
Glen Burnie Bancorp has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Glen Burnie Bancorp Stock (NASDAQ:GLBZ)

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer instalment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, wire transfers, and automated teller machine (ATM) services, as well as electronic banking services, such as telephone and online banking, bill pay, card management and control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer and ACH services, and debit cards. Additionally, the company engages in the acquisition and disposition of other real estate properties. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also operates a remote ATM located in Pasadena, Maryland. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.

GLBZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GLBZ Stock News Headlines

April 12, 2024 | globenewswire.com

Glen Burnie Bancorp Declares 1Q 2024 Dividend

April 9, 2024 | americanbankingnews.com

Glen Burnie Bancorp (NASDAQ:GLBZ) Shares Pass Below 200 Day Moving Average of $6.02

April 18, 2024 | Gold Safe Exchange (Ad)

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April 5, 2024 | investorplace.com

GLBZ Stock Earnings: Glen Burnie Bancorp Reported Results for Q4 2023

February 18, 2024 | finance.yahoo.com

Glen Burnie Bancorp Full Year 2023 Earnings: EPS: US$0.50 (vs US$0.61 in FY 2022)

February 16, 2024 | finance.yahoo.com

Glen Burnie Bancorp Announces Fourth Quarter And Full Year 2023 Results

February 16, 2024 | globenewswire.com

Glen Burnie Bancorp Announces Fourth Quarter And Full Year 2023 Results

February 5, 2024 | benzinga.com

Continued Investor Value: Glen Burnie Bancorp Maintains Dividends as Earnings Expand

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

January 16, 2024 | benzinga.com

Thursday Is Your Last Chance To Buy Glen Burnie Bancorp Before The Dividend Payout

January 12, 2024 | finance.yahoo.com

Glen Burnie Bancorp Declares 4Q 2023 Dividend

December 5, 2023 | bizjournals.com

Bank of Glen Burnie's new CEO wants to target commercial deposits

November 5, 2023 | morningstar.com

Glen Burnie Bancorp GLBZ

November 1, 2023 | msn.com

Glen Burnie Bancorp GAAP EPS of $0.19, revenue of $3.3M

October 31, 2023 | finance.yahoo.com

Glen Burnie Bancorp Announces Third Quarter 2023 Results

October 17, 2023 | finance.yahoo.com

Glen Burnie Bancorp (NASDAQ:GLBZ) Has Announced A Dividend Of $0.10

October 13, 2023 | seekingalpha.com

Glen Burnie Bancorp declares $0.10 dividend

October 13, 2023 | finance.yahoo.com

Glen Burnie Bancorp Declares 3Q 2023 Dividend

September 20, 2023 | finance.yahoo.com

Glen Burnie Bancorp Names Mark Hanna as New President and CEO

August 8, 2023 | benzinga.com

Stable Payouts, Increasing Performance: Glen Burnie Bancorp Supports Investors with Growing Earnings

August 1, 2023 | finance.yahoo.com

Glen Burnie Bancorp Announces Second Quarter 2023 Results

July 21, 2023 | msn.com

Glen Burnie Bancorp (GLBZ) Declares $0.10 Dividend

July 20, 2023 | finance.yahoo.com

Glen Burnie Bancorp (NASDAQ:GLBZ) Is Paying Out A Dividend Of $0.10

July 14, 2023 | finance.yahoo.com

Glen Burnie Bancorp Declares 2Q 2023 Dividend

July 3, 2023 | bizjournals.com

Bank of Glen Burnie CEO to leave at end of the year

July 1, 2023 | finanznachrichten.de

Glen Burnie Bancorp: President and CEO John Long Announces Intention to Retire From The Bank of Glen Burnie

June 30, 2023 | finance.yahoo.com

President and CEO John Long Announces Intention to Retire From The Bank of Glen Burnie

See More Headlines

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Company Calendar

Ex-Dividend for 2/5 Dividend: 1/19/2024
Dividend Payable: 2/05/2024
Last Earnings: 2/16/2024
Today: 4/18/2024
Ex-Dividend for 5/6 Dividend: 4/19/2024
Dividend Payable: 5/06/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:GLBZ
CUSIP: N/A
CIK: 890066
Web: www.thebankofglenburnie.com
Phone: (410) 766-3300
Fax: 410-787-8580
Employees: 89
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.50
Trailing P/E Ratio: 10.20
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.43 million
Net Margins: 9.90%
Pretax Margin: 10.40%
Return on Equity: 8.41%
Return on Assets: 0.40%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.57
Quick Ratio: 0.57

Sales & Book Value

Annual Sales: $14.44 million
Price / Sales: 1.02
Cash Flow: $0.54 per share
Price / Cash Flow: 9.53
Book Value: $6.72 per share
Price / Book: 0.76

Miscellaneous

Outstanding Shares: 2,890,000
Free Float: 2,481,000
Market Cap: $14.74 million
Optionable: Not Optionable
Beta: 0.65

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Key Executives

Mr. Jeffrey D. Harris (Age 68)
Senior VP, Treasurer & CFO
Comp: $209k
Ms. Michelle R. Stambaugh (Age 64)
Senior VP, Corporate Secretary & HR Director
Comp: $157.21k
Janet P. Kim
Director of Marketing & Public Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GLBZ Stock Analysis - Frequently Asked Questions

How have GLBZ shares performed in 2024?: Glen Burnie Bancorp's stock was trading at $6.00 on January 1st, 2024. Since then, GLBZ stock has decreased by 15.0% and is now trading at $5.10.
View the best growth stocks for 2024 here.
Are investors shorting Glen Burnie Bancorp?: Glen Burnie Bancorp saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 10,500 shares, a decrease of 12.5% from the March 15th total of 12,000 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.5% of the shares of the company are short sold.
View Glen Burnie Bancorp's Short Interest.
When is Glen Burnie Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our GLBZ earnings forecast.
How were Glen Burnie Bancorp's earnings last quarter?: Glen Burnie Bancorp (NASDAQ:GLBZ) issued its quarterly earnings results on Friday, February, 16th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter. The financial services provider had revenue of $3.19 million for the quarter. Glen Burnie Bancorp had a net margin of 9.90% and a trailing twelve-month return on equity of 8.41%.

How often does Glen Burnie Bancorp pay dividends? What is the dividend yield for Glen Burnie Bancorp?: Glen Burnie Bancorp declared a quarterly dividend on Thursday, April 11th. Shareholders of record on Monday, April 22nd will be given a dividend of $0.10 per share on Monday, May 6th. This represents a $0.40 annualized dividend and a dividend yield of 7.84%. The ex-dividend date of this dividend is Friday, April 19th.
Read our dividend analysis for GLBZ.
Is Glen Burnie Bancorp a good dividend stock?: Glen Burnie Bancorp (NASDAQ:GLBZ) pays an annual dividend of $0.40 per share and currently has a dividend yield of 7.80%. GLBZ has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GLBZ.
What other stocks do shareholders of Glen Burnie Bancorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Glen Burnie Bancorp investors own include Boeing (BA), Cinemark (CNK), General Mills (GIS), Marathon Petroleum (MPC), Occidental Petroleum (OXY), Wells Fargo & Company (WFC), AbbVie (ABBV), Preferred Apartment Communities (APTS), Algonquin Power & Utilities (AQN) and BCE (BCE).
How do I buy shares of Glen Burnie Bancorp?: Shares of GLBZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GLBZ) was last updated on 4/18/2024 by MarketBeat.com Staff

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