Shares of BCB Bancorp, Inc. (NASDAQ:BCBP) have been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. BCB Bancorp’s rating score has declined by 33.3% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a 12-month consensus target price of $15.50 for the company and are predicting that the company will post $0.26 earnings per share for the current quarter, according to Zacks. Zacks has also assigned BCB Bancorp an industry rank of 166 out of 265 based on the ratings given to its competitors.

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A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of BCB Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. Keefe, Bruyette & Woods downgraded shares of BCB Bancorp from an “outperform” rating to a “market perform” rating in a research note on Tuesday, February 27th.

Shares of BCB Bancorp stock traded up $0.25 on Monday, reaching $15.65. 22,527 shares of the stock were exchanged, compared to its average volume of 27,074. BCB Bancorp has a one year low of $12.05 and a one year high of $16.10. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.16. The company has a market cap of $231.85, a PE ratio of 17.01, a price-to-earnings-growth ratio of 1.28 and a beta of 0.42.

BCB Bancorp (NASDAQ:BCBP) last issued its quarterly earnings results on Thursday, February 15th. The bank reported $0.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.01. BCB Bancorp had a net margin of 12.42% and a return on equity of 9.03%. The company had revenue of $18.16 million during the quarter, compared to the consensus estimate of $19.05 million. research analysts forecast that BCB Bancorp will post 1.2 earnings per share for the current year.

A number of large investors have recently modified their holdings of the stock. California State Teachers Retirement System lifted its stake in BCB Bancorp by 34.1% in the 4th quarter. California State Teachers Retirement System now owns 19,886 shares of the bank’s stock valued at $288,000 after purchasing an additional 5,062 shares during the last quarter. Wells Fargo & Company MN lifted its stake in BCB Bancorp by 2,369.8% in the 3rd quarter. Wells Fargo & Company MN now owns 9,904 shares of the bank’s stock valued at $139,000 after purchasing an additional 9,503 shares during the last quarter. Acadian Asset Management LLC lifted its stake in BCB Bancorp by 173.3% in the 4th quarter. Acadian Asset Management LLC now owns 15,256 shares of the bank’s stock valued at $221,000 after purchasing an additional 9,674 shares during the last quarter. First Trust Advisors LP bought a new position in BCB Bancorp in the 3rd quarter valued at approximately $140,000. Finally, QS Investors LLC bought a new position in BCB Bancorp in the 4th quarter valued at approximately $166,000. 32.19% of the stock is owned by institutional investors and hedge funds.

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BCB Bancorp Company Profile

BCB Bancorp, Inc is the holding company parent of BCB Community Bank (the Bank). The Bank is a community-oriented financial institution. Its business is to offer Federal Deposit Insurance Corporation (FDIC)-insured deposit products and to invest funds held in deposit accounts at the Bank, together with funds generated from operations, in loans and investment securities.

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