Farmers & Merchants Bancorp Inc. (NASDAQ:FMAO) insider Todd A. Graham sold 2,800 shares of the company’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $36.94, for a total transaction of $103,432.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Farmers & Merchants Bancorp Inc. (NASDAQ FMAO) traded down $0.73 during trading hours on Thursday, reaching $37.63. 7,500 shares of the company traded hands, compared to its average volume of 21,145. Farmers & Merchants Bancorp Inc. has a 52-week low of $16.50 and a 52-week high of $43.90. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market capitalization of $355.47, a price-to-earnings ratio of 28.42 and a beta of 0.06.
Farmers & Merchants Bancorp (NASDAQ:FMAO) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. Farmers & Merchants Bancorp had a net margin of 24.46% and a return on equity of 9.65%. The firm had revenue of $11.84 million during the quarter, compared to analyst estimates of $11.85 million. equities research analysts expect that Farmers & Merchants Bancorp Inc. will post 1.35 earnings per share for the current fiscal year.
WARNING: This article was originally published by Community Financial News and is owned by of Community Financial News. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.com-unik.info/2017/11/23/todd-a-graham-sells-2800-shares-of-farmers-merchants-bancorp-inc-fmao-stock.html.
A number of research analysts have weighed in on FMAO shares. Zacks Investment Research raised shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating and set a $34.50 target price for the company in a research report on Tuesday, August 29th. ValuEngine raised shares of Farmers & Merchants Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of Farmers & Merchants Bancorp in a research report on Thursday, October 19th.
Farmers & Merchants Bancorp Company Profile
Farmers & Merchants Bancorp, Inc is a bank holding company. The Company’s primary subsidiary, The Farmers & Merchants State Bank (the Bank), is a community bank operating in Northwest Ohio and Northeast Indiana. The Company’s other subsidiary, Farmers & Merchants Risk Management (Captive), is a captive insurance company.
What are top analysts saying about Farmers & Merchants Bancorp Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Farmers & Merchants Bancorp Inc. and related companies.