Shares of Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Zacks has also given Farmers & Merchants Bancorp, Inc. (OH) an industry rank of 209 out of 255 based on the ratings given to its competitors.

Several equities analysts have recently weighed in on FMAO shares. Zacks Investment Research raised shares of Farmers & Merchants Bancorp, Inc. (OH) from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. Boenning Scattergood reissued a “hold” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a research report on Wednesday, February 20th. Finally, ValuEngine raised shares of Farmers & Merchants Bancorp, Inc. (OH) from a “strong sell” rating to a “sell” rating in a research report on Friday, April 5th.

Several institutional investors and hedge funds have recently modified their holdings of the company. Metropolitan Life Insurance Co. NY grew its stake in shares of Farmers & Merchants Bancorp, Inc. (OH) by 259.7% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,255 shares of the financial services provider’s stock valued at $125,000 after acquiring an additional 2,350 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Farmers & Merchants Bancorp, Inc. (OH) by 82.7% in the fourth quarter. Bank of America Corp DE now owns 5,069 shares of the financial services provider’s stock valued at $195,000 after acquiring an additional 2,295 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Farmers & Merchants Bancorp, Inc. (OH) in the fourth quarter valued at about $201,000. Renaissance Technologies LLC acquired a new position in shares of Farmers & Merchants Bancorp, Inc. (OH) in the third quarter valued at about $247,000. Finally, MetLife Investment Advisors LLC grew its stake in shares of Farmers & Merchants Bancorp, Inc. (OH) by 58.7% in the third quarter. MetLife Investment Advisors LLC now owns 6,356 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 2,350 shares in the last quarter. 15.53% of the stock is currently owned by institutional investors.

Shares of FMAO traded up $0.50 during trading hours on Wednesday, hitting $30.49. The company had a trading volume of 11,508 shares, compared to its average volume of 14,790. The firm has a market capitalization of $322.11 million, a PE ratio of 18.15 and a beta of 0.13. Farmers & Merchants Bancorp, Inc. has a 12 month low of $26.68 and a 12 month high of $49.99. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.94 and a quick ratio of 0.94.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last issued its quarterly earnings data on Wednesday, February 13th. The financial services provider reported $0.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The company had revenue of $12.95 million during the quarter, compared to the consensus estimate of $12.96 million. Farmers & Merchants Bancorp, Inc. (OH) had a net margin of 26.09% and a return on equity of 11.31%. Analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.92 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, April 20th. Stockholders of record on Tuesday, March 26th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Monday, March 25th. Farmers & Merchants Bancorp, Inc. (OH)’s payout ratio is presently 35.71%.

Farmers & Merchants Bancorp, Inc. (OH) Company Profile

Farmers & Merchants Bancorp, Inc operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking, retail banking, and other financial products and services to individuals and small businesses in northwest Ohio and northeast Indiana. The company offers checking accounts; savings and time deposits, including certificates of deposit; and custodial services for individual retirement accounts and health savings accounts.

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