Brokerages Anticipate Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) to Announce $0.43 Earnings Per Share

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Zacks has also assigned Farmers & Merchants Bancorp, Inc. (OH) an industry rank of 170 out of 256 based on the ratings given to its competitors.

A number of analysts recently commented on FMAO shares. Boenning Scattergood restated a “neutral” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a research note on Monday, May 6th. Zacks Investment Research upgraded shares of Farmers & Merchants Bancorp, Inc. (OH) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 9th. Finally, ValuEngine upgraded shares of Farmers & Merchants Bancorp, Inc. (OH) from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st.

Hedge funds have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA lifted its stake in Farmers & Merchants Bancorp, Inc. (OH) by 46,375.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,859 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 1,855 shares in the last quarter. Geode Capital Management LLC lifted its stake in Farmers & Merchants Bancorp, Inc. (OH) by 6.2% in the 4th quarter. Geode Capital Management LLC now owns 87,938 shares of the financial services provider’s stock worth $3,384,000 after purchasing an additional 5,111 shares in the last quarter. BKD Wealth Advisors LLC purchased a new stake in Farmers & Merchants Bancorp, Inc. (OH) in the 2nd quarter worth approximately $4,808,000. American Century Companies Inc. purchased a new stake in Farmers & Merchants Bancorp, Inc. (OH) in the 4th quarter worth approximately $343,000. Finally, Bank of Montreal Can purchased a new stake in Farmers & Merchants Bancorp, Inc. (OH) in the 2nd quarter worth approximately $25,000. Institutional investors own 16.98% of the company’s stock.

Shares of Farmers & Merchants Bancorp, Inc. (OH) stock traded down $0.19 on Friday, reaching $25.21. 12,121 shares of the company traded hands, compared to its average volume of 14,613. Farmers & Merchants Bancorp, Inc. has a 52 week low of $24.58 and a 52 week high of $46.92. The business has a 50 day moving average of $27.92. The stock has a market cap of $282.10 million, a price-to-earnings ratio of 15.01 and a beta of 0.22. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.23.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last announced its quarterly earnings results on Friday, July 19th. The financial services provider reported $0.42 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.07). The business had revenue of $17.52 million for the quarter, compared to analysts’ expectations of $15.64 million. Farmers & Merchants Bancorp, Inc. (OH) had a net margin of 23.86% and a return on equity of 9.22%. Equities research analysts predict that Farmers & Merchants Bancorp, Inc. will post 1.72 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Saturday, July 20th. Investors of record on Monday, June 17th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Friday, June 14th. Farmers & Merchants Bancorp, Inc. (OH)’s payout ratio is currently 35.71%.

About Farmers & Merchants Bancorp, Inc. (OH)

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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