John Marshall Bancorp (NASDAQ:JMSB) Stock Rating Upgraded by Wall Street Zen

John Marshall Bancorp (NASDAQ:JMSB) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday, Wall Street Zen reports.

Several other research analysts have also recently issued reports on the stock. Keefe, Bruyette & Woods raised their target price on shares of John Marshall Bancorp from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, September 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of John Marshall Bancorp in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $25.00.

John Marshall Bancorp Price Performance

Shares of NASDAQ:JMSB opened at $23.15 on Friday. The stock has a market capitalization of $326.69 million, a P/E ratio of 13.38 and a beta of 0.58. The stock’s 50-day moving average price is $22.96 and its 200-day moving average price is $21.65. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.44. John Marshall Bancorp has a 12-month low of $18.50 and a 12-month high of $24.26.

John Marshall Bancorp (NASDAQ:JMSB) last released its earnings results on Wednesday, July 22nd. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $18.78 million during the quarter, compared to analyst estimates of $17.41 million. John Marshall Bancorp had a return on equity of 9.16% and a net margin of 20.41%. On average, equities analysts anticipate that John Marshall Bancorp will post 1.94 earnings per share for the current year.

Hedge Funds Weigh In On John Marshall Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of JMSB. BlackRock Inc. bought a new position in shares of John Marshall Bancorp in the 2nd quarter worth approximately $21,460,000. Bank of America Corp DE purchased a new position in shares of John Marshall Bancorp in the 2nd quarter valued at approximately $3,883,000. Bank of New York Mellon Corp bought a new stake in shares of John Marshall Bancorp during the second quarter valued at approximately $740,000. Rhino Investment Partners Inc boosted its position in shares of John Marshall Bancorp by 25.0% during the first quarter. Rhino Investment Partners Inc now owns 118,580 shares of the company’s stock valued at $2,405,000 after purchasing an additional 23,740 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new stake in John Marshall Bancorp in the second quarter worth $460,000. Hedge funds and other institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Company Profile

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.

 

The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

Featured Articles

• Five stocks we like better than John Marshall Bancorp
• NVIDIA Just Named AI’s Next Bottleneck—And These 3 Stocks Sit Right In It
• Gold Has Gone Sideways, But These 3 Stocks Haven’t
• The AI Bottleneck Is Not Chips Anymore and 3 Pipeline Stocks Are Cashing In
• These 3 Stocks Under $20 Have Wall Street Looking Past the Share Price