SB Financial Group Inc (NASDAQ:SBFG) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus target price of $23.00 for the company and are expecting that the company will post $0.38 EPS for the current quarter, according to Zacks. Zacks has also assigned SB Financial Group an industry rank of 88 out of 257 based on the ratings given to its competitors.

Several research firms recently commented on SBFG. Zacks Investment Research upgraded shares of SB Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 10th. ValuEngine lowered shares of SB Financial Group from a “hold” rating to a “sell” rating in a research report on Friday, November 2nd.

SBFG stock traded down $0.21 during midday trading on Friday, hitting $17.71. 9,929 shares of the stock traded hands, compared to its average volume of 5,851. The firm has a market cap of $116.54 million, a PE ratio of 12.05 and a beta of 0.70. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.02. SB Financial Group has a 1-year low of $17.15 and a 1-year high of $20.53.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Friday, October 19th. The financial services provider reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by ($0.01). The firm had revenue of $12.73 million for the quarter, compared to analyst estimates of $12.90 million. SB Financial Group had a net margin of 23.37% and a return on equity of 10.66%. Research analysts predict that SB Financial Group will post 1.51 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 23rd. Investors of record on Friday, November 9th were given a dividend of $0.085 per share. This represents a $0.34 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Thursday, November 8th. This is a positive change from SB Financial Group’s previous quarterly dividend of $0.08. SB Financial Group’s dividend payout ratio (DPR) is currently 23.13%.

A number of hedge funds have recently added to or reduced their stakes in SBFG. Acadian Asset Management LLC grew its position in SB Financial Group by 149.9% during the second quarter. Acadian Asset Management LLC now owns 21,724 shares of the financial services provider’s stock valued at $442,000 after buying an additional 13,032 shares during the period. Maltese Capital Management LLC grew its position in SB Financial Group by 7.7% during the second quarter. Maltese Capital Management LLC now owns 195,152 shares of the financial services provider’s stock valued at $3,965,000 after buying an additional 13,949 shares during the period. Dimensional Fund Advisors LP grew its position in SB Financial Group by 12.3% during the second quarter. Dimensional Fund Advisors LP now owns 108,877 shares of the financial services provider’s stock valued at $2,212,000 after buying an additional 11,930 shares during the period. JCSD Capital LLC lifted its holdings in SB Financial Group by 25.0% during the second quarter. JCSD Capital LLC now owns 228,852 shares of the financial services provider’s stock valued at $4,650,000 after purchasing an additional 45,782 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in SB Financial Group by 15.6% during the second quarter. Renaissance Technologies LLC now owns 47,500 shares of the financial services provider’s stock valued at $965,000 after purchasing an additional 6,400 shares in the last quarter. Institutional investors own 44.89% of the company’s stock.

About SB Financial Group

SB Financial Group, Inc, through its subsidiaries, provides range of banking and wealth management services to individual and corporate customers primarily in northwest Ohio and northeast Indiana. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit.

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