John Marshall Bancorp (NASDAQ:JMSB) Trading Down 2.8% – Should You Sell?

John Marshall Bancorp, Inc. (NASDAQ:JMSBGet Free Report)’s stock price traded down 2.8% during trading on Thursday . The company traded as low as $19.25 and last traded at $19.40. 25,994 shares traded hands during mid-day trading, an increase of 53% from the average session volume of 17,024 shares. The stock had previously closed at $19.96.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Marshall Bancorp in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

Get Our Latest Report on John Marshall Bancorp

John Marshall Bancorp Stock Performance

The company has a market capitalization of $275.09 million, a P/E ratio of 12.93 and a beta of 0.70. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.31. The company’s fifty day moving average is $20.10 and its 200 day moving average is $19.91.

John Marshall Bancorp (NASDAQ:JMSBGet Free Report) last posted its earnings results on Wednesday, January 28th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. The firm had revenue of $16.35 million for the quarter, compared to the consensus estimate of $16.54 million. John Marshall Bancorp had a return on equity of 8.31% and a net margin of 18.41%.

John Marshall Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th were paid a $0.09 dividend. The ex-dividend date was Wednesday, February 11th. This represents a $0.36 annualized dividend and a yield of 1.9%. John Marshall Bancorp’s dividend payout ratio (DPR) is currently 24.00%.

Institutional Investors Weigh In On John Marshall Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of JMSB. FJ Capital Management LLC lifted its position in John Marshall Bancorp by 4.0% during the third quarter. FJ Capital Management LLC now owns 429,908 shares of the company’s stock valued at $8,521,000 after purchasing an additional 16,555 shares during the last quarter. Evermay Wealth Management LLC lifted its holdings in shares of John Marshall Bancorp by 4.3% during the 3rd quarter. Evermay Wealth Management LLC now owns 348,424 shares of the company’s stock worth $6,906,000 after acquiring an additional 14,444 shares during the last quarter. Geode Capital Management LLC grew its position in John Marshall Bancorp by 1.5% in the second quarter. Geode Capital Management LLC now owns 295,870 shares of the company’s stock worth $5,484,000 after acquiring an additional 4,385 shares in the last quarter. Fourthstone LLC increased its stake in John Marshall Bancorp by 6.9% in the fourth quarter. Fourthstone LLC now owns 111,874 shares of the company’s stock valued at $2,236,000 after acquiring an additional 7,233 shares during the last quarter. Finally, Rhino Investment Partners Inc purchased a new stake in John Marshall Bancorp during the third quarter valued at about $807,000. 39.09% of the stock is owned by hedge funds and other institutional investors.

About John Marshall Bancorp

(Get Free Report)

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.

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