News coverage about Bank of Marin Bancorp (NASDAQ:BMRC) has been trending somewhat positive on Thursday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bank of Marin Bancorp earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 44.4892444568869 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Should Value Investors Pick Bank of Marin Bancorp (BMRC) Stock? (finance.yahoo.com)
- Bank of Marin Bancorp – Value Analysis (NASDAQ:BMRC) : December 12, 2017 (finance.yahoo.com)
- Bank of Marin Bancorp breached its 50 day moving average in a Bearish Manner : BMRC-US : December 11, 2017 (finance.yahoo.com)
- Bank of Marin Bancorp (BMRC) Upgraded to “Hold” at BidaskClub (americanbankingnews.com)
- Bank of Marin Bancorp (BMRC) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
Bank of Marin Bancorp (BMRC) opened at $69.10 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.02. Bank of Marin Bancorp has a fifty-two week low of $59.05 and a fifty-two week high of $77.90. The stock has a market cap of $424.12, a P/E ratio of 20.25, a price-to-earnings-growth ratio of 1.91 and a beta of 0.80.
Bank of Marin Bancorp (NASDAQ:BMRC) last released its quarterly earnings results on Monday, October 23rd. The bank reported $0.83 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.83. The firm had revenue of $20.85 million during the quarter, compared to analyst estimates of $20.71 million. Bank of Marin Bancorp had a net margin of 24.61% and a return on equity of 8.47%. sell-side analysts forecast that Bank of Marin Bancorp will post 3.27 earnings per share for the current year.
Several research analysts have issued reports on the stock. BidaskClub lowered shares of Bank of Marin Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research upgraded shares of Bank of Marin Bancorp from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a report on Monday, September 25th. Piper Jaffray Companies set a $72.00 price target on shares of Bank of Marin Bancorp and gave the stock a “hold” rating in a report on Tuesday, November 28th. Finally, DA Davidson restated a “hold” rating and set a $72.00 price target on shares of Bank of Marin Bancorp in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $72.60.
In related news, Director Leslie E. Murphy acquired 3,676 shares of the stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average price of $68.00 per share, for a total transaction of $249,968.00. Following the purchase, the director now directly owns 3,936 shares of the company’s stock, valued at approximately $267,648. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 5.17% of the company’s stock.
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Bank of Marin Bancorp Company Profile
Bank of Marin Bancorp (Bancorp) is the holding company for Bank of Marin (the Bank). The Company’s business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. The Company operates through 23 offices in Marin, Sonoma, San Francisco, Napa and Alameda counties.
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