Raymond James Financial assumed coverage on shares of John Marshall Bancorp (NASDAQ:JMSB – Free Report) in a report published on Tuesday, MarketBeat reports. The firm issued a strong-buy rating and a $24.00 price objective on the stock.
Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Marshall Bancorp in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, John Marshall Bancorp presently has an average rating of “Buy” and a consensus price target of $23.00.
Get Our Latest Research Report on JMSB
John Marshall Bancorp Stock Performance
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last issued its earnings results on Wednesday, January 28th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.03. John Marshall Bancorp had a return on equity of 8.23% and a net margin of 18.41%.The company had revenue of $16.35 million for the quarter, compared to the consensus estimate of $16.54 million.
John Marshall Bancorp Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 11th were given a dividend of $0.09 per share. The ex-dividend date was Wednesday, February 11th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.7%. John Marshall Bancorp’s dividend payout ratio (DPR) is presently 24.00%.
Hedge Funds Weigh In On John Marshall Bancorp
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JMSB. FJ Capital Management LLC increased its stake in John Marshall Bancorp by 4.0% in the 3rd quarter. FJ Capital Management LLC now owns 429,908 shares of the company’s stock worth $8,521,000 after acquiring an additional 16,555 shares during the last quarter. Evermay Wealth Management LLC boosted its position in shares of John Marshall Bancorp by 4.3% during the 3rd quarter. Evermay Wealth Management LLC now owns 348,424 shares of the company’s stock valued at $6,906,000 after acquiring an additional 14,444 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of John Marshall Bancorp by 1.5% in the second quarter. Geode Capital Management LLC now owns 295,870 shares of the company’s stock valued at $5,484,000 after purchasing an additional 4,385 shares in the last quarter. Fourthstone LLC grew its holdings in shares of John Marshall Bancorp by 6.9% in the fourth quarter. Fourthstone LLC now owns 111,874 shares of the company’s stock valued at $2,236,000 after purchasing an additional 7,233 shares in the last quarter. Finally, Rhino Investment Partners Inc bought a new stake in John Marshall Bancorp in the third quarter worth $807,000. 39.09% of the stock is owned by institutional investors.
John Marshall Bancorp Company Profile
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