MainStreet Bancshares (NASDAQ:MNSB – Get Rating) announced its earnings results on Monday. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05, MarketWatch Earnings reports. MainStreet Bancshares had a return on equity of 14.78% and a net margin of 30.01%. The business had revenue of $26.83 million for the quarter, compared to analyst estimates of $19.88 million.
MainStreet Bancshares Stock Performance
MNSB traded up $0.65 during trading hours on Tuesday, hitting $29.00. 27,508 shares of the stock were exchanged, compared to its average volume of 21,447. The stock has a 50-day simple moving average of $28.01 and a 200-day simple moving average of $25.61. MainStreet Bancshares has a 12 month low of $20.77 and a 12 month high of $30.98. The stock has a market cap of $215.62 million, a price-to-earnings ratio of 10.07 and a beta of 0.52. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.02 and a quick ratio of 1.02.
MainStreet Bancshares Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 10th. Investors of record on Friday, February 3rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, February 2nd. MainStreet Bancshares’s dividend payout ratio (DPR) is presently 13.89%.
Institutional Investors Weigh In On MainStreet Bancshares
Wall Street Analyst Weigh In
Separately, Stephens raised their price objective on MainStreet Bancshares from $28.00 to $32.00 in a research note on Monday, November 28th.
MainStreet Bancshares Company Profile
MainStreet Bancshares, Inc is a holding company, which engages in the provision of banking solutions through MainStreet Bank. It offers products and services such as checking, deposits, loans, credit cards, mortgages, and savings. The company was founded on March 28, 2003 and is headquartered in Fairfax, VA.
- Get a free copy of the StockNews.com research report on MainStreet Bancshares (MNSB)
- Insiders Buy Archer Aviation, Is This Stock About To Take Off?
- Intuit Is About To Make a Move, But Which Way?
- 3 Late January Earnings Plays With Pop Potential
- Low-Priced Stocks Still Paying Dividends
- Why is the Chipotle Stock Price Surging This Week?
Receive News & Ratings for MainStreet Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MainStreet Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.