News articles about Farmers National Banc (NASDAQ:FMNB) have trended somewhat positive on Saturday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Farmers National Banc earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 45.1627881415328 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
FMNB has been the topic of a number of research reports. ValuEngine upgraded Farmers National Banc from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Zacks Investment Research upgraded Farmers National Banc from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Friday, January 5th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $17.00 target price on shares of Farmers National Banc in a report on Friday, December 22nd. Finally, BidaskClub cut Farmers National Banc from a “hold” rating to a “sell” rating in a report on Thursday, December 7th.
Shares of FMNB stock opened at $13.35 on Friday. The company has a market capitalization of $382.83, a price-to-earnings ratio of 15.22 and a beta of 0.43. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.03. Farmers National Banc has a fifty-two week low of $12.65 and a fifty-two week high of $15.95.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 9th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Thursday, March 8th. This is a boost from Farmers National Banc’s previous quarterly dividend of $0.06. Farmers National Banc’s dividend payout ratio is 33.74%.
In related news, Director Edward Muransky bought 6,850 shares of the stock in a transaction on Friday, February 2nd. The shares were purchased at an average price of $14.99 per share, for a total transaction of $102,681.50. Following the acquisition, the director now owns 23,934 shares in the company, valued at $358,770.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have acquired 8,202 shares of company stock worth $121,622. 7.80% of the stock is owned by insiders.
WARNING: This piece was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/3295282/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-farmers-national-banc-fmnb-stock-price.html.
About Farmers National Banc
Farmers National Banc Corp. is a one-bank holding company. The Company’s principal business consists of owning and supervising its subsidiaries. The Company operates through tree segments: the Bank, Trust and Retirement Consulting. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank or Farmers Bank), Farmers Trust Company (Trust or Farmers Trust), National Associates, Inc (NAI) and Farmers National Captive, Inc (Captive).
Receive News & Ratings for Farmers National Banc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers National Banc and related companies with MarketBeat.com's FREE daily email newsletter.