Wall Street brokerages expect Farmers National Banc Corp (NASDAQ:FMNB) to announce earnings per share (EPS) of $0.32 for the current quarter, Zacks reports. Two analysts have provided estimates for Farmers National Banc’s earnings, with the lowest EPS estimate coming in at $0.31 and the highest estimate coming in at $0.32. Farmers National Banc posted earnings of $0.31 per share during the same quarter last year, which would indicate a positive year over year growth rate of 3.2%. The firm is expected to announce its next quarterly earnings results on Wednesday, January 29th.

On average, analysts expect that Farmers National Banc will report full year earnings of $1.25 per share for the current financial year, with EPS estimates ranging from $1.24 to $1.25. For the next year, analysts forecast that the company will post earnings of $1.31 per share, with EPS estimates ranging from $1.29 to $1.32. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that follow Farmers National Banc.

Farmers National Banc (NASDAQ:FMNB) last released its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. The business had revenue of $28.20 million for the quarter, compared to analyst estimates of $28.29 million. Farmers National Banc had a return on equity of 12.46% and a net margin of 27.11%.

FMNB has been the topic of several research analyst reports. ValuEngine lowered Farmers National Banc from a “hold” rating to a “sell” rating in a research note on Monday, October 21st. BidaskClub lowered Farmers National Banc from a “buy” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Zacks Investment Research lowered Farmers National Banc from a “hold” rating to a “sell” rating in a research report on Wednesday, December 25th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $15.50.

Institutional investors have recently added to or reduced their stakes in the stock. First Quadrant L P CA acquired a new position in Farmers National Banc during the 3rd quarter worth approximately $29,000. Bank of Montreal Can increased its holdings in Farmers National Banc by 84.1% during the 2nd quarter. Bank of Montreal Can now owns 3,062 shares of the bank’s stock worth $45,000 after purchasing an additional 1,399 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in Farmers National Banc by 171.3% during the 3rd quarter. Meeder Asset Management Inc. now owns 3,765 shares of the bank’s stock worth $55,000 after purchasing an additional 2,377 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Farmers National Banc by 4,800.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,900 shares of the bank’s stock worth $71,000 after purchasing an additional 4,800 shares during the last quarter. Finally, Bray Capital Advisors purchased a new stake in Farmers National Banc during the 3rd quarter worth approximately $179,000. 40.87% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ FMNB traded down $0.01 during midday trading on Thursday, hitting $15.99. The stock had a trading volume of 97,909 shares, compared to its average volume of 59,101. The company has a market capitalization of $440.76 million, a price-to-earnings ratio of 12.79 and a beta of 0.88. Farmers National Banc has a 1-year low of $12.72 and a 1-year high of $16.50. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.15. The company has a fifty day moving average price of $16.01 and a 200 day moving average price of $14.91.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend was Thursday, December 12th. Farmers National Banc’s dividend payout ratio (DPR) is presently 34.78%.

About Farmers National Banc

Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services.

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