Should I buy or sell Northeast Bank stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northeast Bank in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NBN shares. View NBN analyst ratings or view top-rated stocks .

What is Northeast Bank's stock price target for 2024?

1 Wall Street analysts have issued 12-month target prices for Northeast Bank's shares. Their NBN share price targets range from $54.00 to $54.00. On average, they anticipate the company's stock price to reach $54.00 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View analysts price targets for NBN or view top-rated stocks among Wall Street analysts .

How have NBN shares performed in 2024?

Northeast Bank's stock was trading at $55.19 on January 1st, 2024. Since then, NBN shares have decreased by 4.3% and is now trading at $52.83. View the best growth stocks for 2024 here .

When is Northeast Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our NBN earnings forecast .

How were Northeast Bank's earnings last quarter?

Northeast Bank (NASDAQ:NBN) posted its quarterly earnings results on Tuesday, January, 30th. The financial services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.72 by $0.13. The financial services provider had revenue of $38.47 million for the quarter, compared to analysts' expectations of $36.98 million.

How often does Northeast Bank pay dividends? What is the dividend yield for Northeast Bank?

Northeast Bank declared a quarterly dividend on Tuesday, January 30th. Shareholders of record on Monday, February 12th will be given a dividend of $0.01 per share on Monday, February 26th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.08%. The ex-dividend date of this dividend is Friday, February 9th. Read our dividend analysis for NBN .

Is Northeast Bank a good dividend stock?

Northeast Bank (NASDAQ:NBN) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.08%. The dividend payout ratio is 0.56%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for NBN .

What ETF holds Northeast Bank's stock?

AdvisorShares Dorsey Wright Micro-Cap ETF holds 834 shares of NBN stock, representing 0.78% of its portfolio.

What is Richard Wayne's approval rating as Northeast Bank's CEO?

2 employees have rated Northeast Bank Chief Executive Officer Richard Wayne on Glassdoor.com . Richard Wayne has an approval rating of 46% among the company's employees. This puts Richard Wayne in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Northeast Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northeast Bank investors own include Shaw Communications (SJR) , Wells Fargo & Company (WFC) , AbbVie (ABBV) , Algonquin Power & Utilities (AQN) , BCE (BCE) , Blackrock Resources & Commodities Strategy Trust (BCX) , Franklin Resources (BEN) , BlackRock Enhanced International Dividend Trust (BGY) , Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE) .

Who are Northeast Bank's major shareholders?

Northeast Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mesirow Financial Investment Management Inc. (0.00%) and Allspring Global Investments Holdings LLC (0.00%). View institutional ownership trends .

How do I buy shares of Northeast Bank?

Shares of NBN 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:NBN

Northeast Bank (NBN) Stock Price, News & Analysis

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Free NBN Stock Alerts

$52.83

+2.01 (+3.96%)

(As of 04/19/2024 ET)

Compare

Today's Range: $50.45
▼
$52.95
50-Day Range: $49.42
▼
$55.38
52-Week Range: $34.20
▼
$59.00

Volume: 40,791 shs
Average Volume: 26,113 shs
Market Capitalization: N/A

P/E Ratio: 7.38
Dividend Yield: 0.08%
Price Target: $54.00

Get Northeast Bank alerts:

Northeast Bank MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 2.2% Upside
$54.00 Price Target
Short Interest: Healthy
1.10% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.58
Upright™ Environmental Score
News Sentiment: 0.40
Based on 3 Articles This Week
Insider Trading: N/A
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.

3.07 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Northeast Bank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Northeast Bank has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.10% of the float of Northeast Bank has been sold short.
Short Interest Ratio / Days to Cover
Northeast Bank has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Northeast Bank has recently decreased by 3.69%, indicating that investor sentiment is improving.

0.8

Dividend Strength

Dividend Yield
Northeast Bank has a dividend yield of 0.08%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Northeast Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Northeast Bank is 0.56%. This payout ratio is at a healthy, sustainable level, below 75%.

3.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Northeast Bank has received a 37.02% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Home improvement financing", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Corporate debit cards", and "Home equity loans" products. See details.
Environmental Sustainability
The Environmental Impact score for Northeast Bank is -0.58.

2.4

News and Social Media Coverage

News Sentiment
Northeast Bank has a news sentiment score of 0.40. 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 is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Northeast Bank this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Northeast Bank to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northeast Bank insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.22% of the stock of Northeast Bank is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Northeast Bank is 7.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northeast Bank is 7.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.53.

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About Northeast Bank Stock (NASDAQ:NBN)

Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. Further, it provides various services, such as money market, merchant, and payroll and HR. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.

NBN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NBN Stock News Headlines

April 17, 2024 | msn.com

East Bank development, Taylor Swift murals and more

April 17, 2024 | msn.com

Amended bill creating special board to oversee Nashville's East Bank development advances

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 16, 2024 | msn.com

Town Branch Park, Northeast A Street Bridge open for Bentonville residents

April 4, 2024 | bizjournals.com

Metro's East Bank development plan advances to final vote, developer strikes deal with union

April 3, 2024 | msn.com

Nashville lawmakers move to add oversight to East Bank development

March 19, 2024 | msn.com

Developer sues Metro Nashville over alleged restrictive permit for East Bank project

March 13, 2024 | msn.com

Man threatens employee after being denied money at East Haven bank: PD

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 13, 2024 | sg.finance.yahoo.com

Office unit at Raffles Place for sale at $18.8 mil

March 13, 2024 | finance.yahoo.com

Investing in Northeast Bank (NASDAQ:NBN) five years ago would have delivered you a 148% gain

March 6, 2024 | msn.com

City, state leaders advocate for 'East Bank Development Authority' in Nashville

March 4, 2024 | msn.com

United Way of Northeast Louisiana to host a a BankOn NELA Saving Workshop

March 4, 2024 | msn.com

Nuts and bolts: What's in Nashville's proposed East Bank development deal

February 27, 2024 | bizjournals.com

A first glimpse at the newly released East Bank development deals

February 26, 2024 | markets.businessinsider.com

Northeast Bank: Fulfilling Investor Expectations with Steady Earnings Performance

February 26, 2024 | msn.com

Nashville mayor's office unveils East Bank development agreement

February 23, 2024 | benzinga.com

Northeast Bank Stock (NASDAQ:NBN) Earnings Dates and Earning Calls

February 16, 2024 | money.usnews.com

Northeast Bank

February 15, 2024 | finance.yahoo.com

Northeast Bank (NBN) Has a 20% Return on Equity

February 1, 2024 | finance.yahoo.com

Q2 2024 Northeast Bank Earnings Call

January 30, 2024 | benzinga.com

Recap: Northeast Bank Q2 Earnings

January 30, 2024 | finance.yahoo.com

Northeast Bank Reports Second Quarter Results and Declares Dividend

January 29, 2024 | benzinga.com

Northeast Bank Earnings Preview

January 25, 2024 | finance.yahoo.com

Northeast Bank Announces Dates for Fiscal 2024 Second Quarter Earnings Results and Conference Call

January 24, 2024 | marketwatch.com

Northeast Bank Hires Financial Services Veteran to Succeed Departing CFO

January 24, 2024 | finance.yahoo.com

Northeast Bank Announces Appointment of Chief Financial Officer

See More Headlines

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Company Calendar

Last Earnings: 1/30/2024
Ex-Dividend for 2/26 Dividend: 2/09/2024
Dividend Payable: 2/26/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/22/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:NBN
CUSIP: N/A
CIK: 811831
Web: www.northeastbank.com
Phone: (207) 786-3245
Fax: 207-777-6410
Employees: 182
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $54.00
High Stock Price Target: $54.00
Low Stock Price Target: $54.00
Potential Upside/Downside: +2.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.16
Trailing P/E Ratio: 7.38
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $44.19 million
Net Margins: 22.20%
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

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

Sales & Book Value

Annual Sales: $182.43 million
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 1.15

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Key Executives

Mr. Richard N. Wayne (Age 72)
President, CEO & Director
Comp: $1.82M
Mr. Patrick Dignan (Age 61)
Executive VP & COO
Comp: $1.37M
Ms. Julie A. Jenkins (Age 61)
Senior VP & Chief Information Officer
Comp: $434.52k
Mr. Richard Cohen
Chief Financial Officer
Ms. Heidi Jacques
Senior VP & Director of Human Resources
Mr. Brian Fenwick
Managing Director of Loan Underwriting
Ms. Theresa Morrison
Managing Director of Real Estate
Mr. Christopher P. Hickey
Managing Director of Asset Management
Mr. Chris Delamater
Senior VP & Director of Customer Experience
Ms. Sarah Shomphe
Senior VP, Director of Owned Real Estate & Underwriting Manager

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NBN Stock Analysis - Frequently Asked Questions

Should I buy or sell Northeast Bank stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northeast Bank in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NBN shares.
View NBN analyst ratings or view top-rated stocks.
What is Northeast Bank's stock price target for 2024?: 1 Wall Street analysts have issued 12-month target prices for Northeast Bank's shares. Their NBN share price targets range from $54.00 to $54.00. On average, they anticipate the company's stock price to reach $54.00 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for NBN or view top-rated stocks among Wall Street analysts.
How have NBN shares performed in 2024?: Northeast Bank's stock was trading at $55.19 on January 1st, 2024. Since then, NBN shares have decreased by 4.3% and is now trading at $52.83.
View the best growth stocks for 2024 here.
When is Northeast Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our NBN earnings forecast.
How were Northeast Bank's earnings last quarter?: Northeast Bank (NASDAQ:NBN) posted its quarterly earnings results on Tuesday, January, 30th. The financial services provider reported $1.85 EPS for the quarter, topping the consensus estimate of $1.72 by $0.13. The financial services provider had revenue of $38.47 million for the quarter, compared to analysts' expectations of $36.98 million.
How often does Northeast Bank pay dividends? What is the dividend yield for Northeast Bank?: Northeast Bank declared a quarterly dividend on Tuesday, January 30th. Shareholders of record on Monday, February 12th will be given a dividend of $0.01 per share on Monday, February 26th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.08%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for NBN.

Is Northeast Bank a good dividend stock?: Northeast Bank (NASDAQ:NBN) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.08%. The dividend payout ratio is 0.56%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NBN.
What ETF holds Northeast Bank's stock?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 834 shares of NBN stock, representing 0.78% of its portfolio.
What is Richard Wayne's approval rating as Northeast Bank's CEO?: 2 employees have rated Northeast Bank Chief Executive Officer Richard Wayne on Glassdoor.com. Richard Wayne has an approval rating of 46% among the company's employees. This puts Richard Wayne in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Northeast Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Northeast Bank investors own include Shaw Communications (SJR), Wells Fargo & Company (WFC), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Franklin Resources (BEN), BlackRock Enhanced International Dividend Trust (BGY), Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE).
Who are Northeast Bank's major shareholders?: Northeast Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mesirow Financial Investment Management Inc. (0.00%) and Allspring Global Investments Holdings LLC (0.00%).
View institutional ownership trends.
How do I buy shares of Northeast Bank?: Shares of NBN 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:NBN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Northeast Bank (NBN) Stock Price, News & Analysis

Northeast Bank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Northeast Bank Stock (NASDAQ:NBN)

NBN Stock Price History

NBN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

NBN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™