John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) had its price objective raised by stock analysts at Keefe, Bruyette & Woods from $25.00 to $26.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 10.80% from the stock’s current price.
A number of other research analysts have also issued reports on JMSB. Weiss Ratings reiterated a “buy (b-)” rating on shares of John Marshall Bancorp in a report on Tuesday, August 18th. Wall Street Zen lowered John Marshall Bancorp from a “buy” rating to a “hold” rating in a research report on Sunday, August 23rd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $25.00.
Read Our Latest Research Report on John Marshall Bancorp
John Marshall Bancorp Stock Up 1.8%
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.44 by $0.06. John Marshall Bancorp had a net margin of 20.41% and a return on equity of 9.16%. The company had revenue of $18.78 million during the quarter, compared to analysts’ expectations of $17.41 million. Analysts predict that John Marshall Bancorp will post 1.94 EPS for the current fiscal year.
Hedge Funds Weigh In On John Marshall Bancorp
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc purchased a new stake in shares of John Marshall Bancorp during the 2nd quarter worth approximately $25,000. Strs Ohio purchased a new position in shares of John Marshall Bancorp in the 1st quarter valued at $26,000. California State Teachers Retirement System increased its position in shares of John Marshall Bancorp by 454.5% during the second quarter. California State Teachers Retirement System now owns 3,793 shares of the company’s stock worth $83,000 after purchasing an additional 3,109 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in John Marshall Bancorp in the second quarter valued at approximately $104,000. Finally, Osaic Holdings Inc. purchased a new position in shares of John Marshall Bancorp during the second quarter worth about $193,000. 39.09% of the stock is owned by institutional investors and hedge funds.
John Marshall Bancorp Company Profile
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