Equities research analysts expect Bank Of Princeton (NASDAQ:BPRN) to report earnings per share (EPS) of $0.57 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Bank Of Princeton’s earnings. The highest EPS estimate is $0.58 and the lowest is $0.55. Bank Of Princeton reported earnings of $0.53 per share during the same quarter last year, which would indicate a positive year over year growth rate of 7.5%. The company is scheduled to report its next earnings results on Thursday, July 25th.
According to Zacks, analysts expect that Bank Of Princeton will report full-year earnings of $2.10 per share for the current fiscal year, with EPS estimates ranging from $1.94 to $2.25. For the next year, analysts anticipate that the firm will post earnings of $2.70 per share, with EPS estimates ranging from $2.60 to $2.80. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Bank Of Princeton.
Bank Of Princeton (NASDAQ:BPRN) last announced its quarterly earnings results on Monday, April 22nd. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.50). The business had revenue of $10.70 million for the quarter, compared to analyst estimates of $11.22 million.
Institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC boosted its stake in shares of Bank Of Princeton by 52.1% in the first quarter. Renaissance Technologies LLC now owns 35,604 shares of the company’s stock valued at $1,130,000 after purchasing an additional 12,200 shares during the period. Banc Funds Co. LLC boosted its stake in shares of Bank Of Princeton by 6.0% in the first quarter. Banc Funds Co. LLC now owns 296,521 shares of the company’s stock valued at $9,409,000 after purchasing an additional 16,800 shares during the period. Northern Trust Corp boosted its stake in shares of Bank Of Princeton by 0.9% in the first quarter. Northern Trust Corp now owns 57,361 shares of the company’s stock valued at $1,820,000 after purchasing an additional 532 shares during the period. Context BH Capital Management LP boosted its stake in shares of Bank Of Princeton by 2.9% in the first quarter. Context BH Capital Management LP now owns 68,441 shares of the company’s stock valued at $2,172,000 after purchasing an additional 1,938 shares during the period. Finally, O Shaughnessy Asset Management LLC purchased a new position in shares of Bank Of Princeton in the first quarter valued at approximately $35,000. Institutional investors and hedge funds own 36.54% of the company’s stock.
Shares of BPRN traded down $0.14 during trading on Friday, reaching $27.67. 3,330 shares of the company traded hands, compared to its average volume of 9,040. Bank Of Princeton has a twelve month low of $26.77 and a twelve month high of $35.45. The stock has a market cap of $183.93 million, a PE ratio of 12.93 and a beta of 0.42.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 10th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Thursday, May 9th. Bank Of Princeton’s dividend payout ratio is presently 5.61%.
About Bank Of Princeton
The Bank of Princeton provides various banking products and services. The company accepts checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate and multi-family, commercial and industrial, construction, residential first-lien mortgage, home equity, and consumer loans, as well as lines of credit.
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