Brokerages Anticipate Farmers & Merchants Bancorp, Inc. (OH) (FMAO) to Post $0.42 EPS

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

Zacks has also assigned Farmers & Merchants Bancorp, Inc. (OH) an industry rank of 155 out of 256 based on the ratings given to related companies.

A number of equities research analysts have issued reports on FMAO shares. Zacks Investment Research lowered Farmers & Merchants Bancorp, Inc. (OH) from a “buy” rating to a “hold” rating in a research report on Wednesday, December 19th. Boenning Scattergood reaffirmed a “hold” rating on shares of Farmers & Merchants Bancorp, Inc. (OH) in a research report on Friday, October 19th.

A number of hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new stake in shares of Farmers & Merchants Bancorp, Inc. (OH) during the 2nd quarter worth about $111,000. Renaissance Technologies LLC acquired a new stake in shares of Farmers & Merchants Bancorp, Inc. (OH) during the 3rd quarter worth about $247,000. MetLife Investment Advisors LLC raised its position in shares of Farmers & Merchants Bancorp, Inc. (OH) by 58.7% during the 3rd quarter. MetLife Investment Advisors LLC now owns 6,356 shares of the financial services provider’s stock worth $271,000 after acquiring an additional 2,350 shares in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of Farmers & Merchants Bancorp, Inc. (OH) during the 2nd quarter worth about $290,000. Finally, Proequities Inc. acquired a new stake in shares of Farmers & Merchants Bancorp, Inc. (OH) during the 3rd quarter worth about $566,000. 15.91% of the stock is currently owned by institutional investors.

Shares of Farmers & Merchants Bancorp, Inc. (OH) stock opened at $39.04 on Monday. Farmers & Merchants Bancorp, Inc. has a 12 month low of $34.62 and a 12 month high of $49.99. The stock has a market cap of $360.92 million, a P/E ratio of 28.29 and a beta of 0.32. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.93 and a quick ratio of 0.92.

Farmers & Merchants Bancorp, Inc. (OH) (NASDAQ:FMAO) last posted its quarterly earnings results on Thursday, October 18th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $12.67 million for the quarter, compared to analyst estimates of $12.46 million. Farmers & Merchants Bancorp, Inc. (OH) had a return on equity of 11.13% and a net margin of 27.06%. As a group, equities analysts expect that Farmers & Merchants Bancorp, Inc. will post 1.69 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Sunday, January 20th. Shareholders of record on Monday, December 31st will be given a $0.15 dividend. The ex-dividend date is Friday, December 28th. This represents a $0.60 dividend on an annualized basis and a yield of 1.54%. This is a positive change from Farmers & Merchants Bancorp, Inc. (OH)’s previous quarterly dividend of $0.14. Farmers & Merchants Bancorp, Inc. (OH)’s dividend payout ratio (DPR) is currently 43.48%.

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 deposits; and custodial services for individual retirement accounts and health savings accounts.

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