Shares of SB Financial Group Inc (NASDAQ:SBFG) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokerages have set a 12-month consensus price objective of $22.00 for the company and are anticipating that the company will post $0.31 EPS for the current quarter, according to Zacks. Zacks has also assigned SB Financial Group an industry rank of 139 out of 255 based on the ratings given to related companies.
A number of equities research analysts have recently commented on SBFG shares. ValuEngine upgraded shares of SB Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, November 21st. Zacks Investment Research upgraded shares of SB Financial Group from a “sell” rating to a “hold” rating in a report on Tuesday, March 5th.
Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its holdings in SB Financial Group by 10.2% in the fourth quarter. BlackRock Inc. now owns 6,854 shares of the financial services provider’s stock valued at $113,000 after purchasing an additional 635 shares during the period. Acadian Asset Management LLC grew its holdings in SB Financial Group by 8.9% in the fourth quarter. Acadian Asset Management LLC now owns 24,449 shares of the financial services provider’s stock valued at $403,000 after purchasing an additional 2,004 shares during the period. Southside Capital LLC purchased a new stake in SB Financial Group in the fourth quarter valued at approximately $480,000. Dimensional Fund Advisors LP grew its holdings in SB Financial Group by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 112,565 shares of the financial services provider’s stock valued at $1,852,000 after purchasing an additional 1,828 shares during the period. Finally, Cutler Capital Management LLC grew its holdings in SB Financial Group by 15.3% in the fourth quarter. Cutler Capital Management LLC now owns 130,169 shares of the financial services provider’s stock valued at $2,141,000 after purchasing an additional 17,302 shares during the period. Hedge funds and other institutional investors own 46.98% of the company’s stock.
Shares of NASDAQ SBFG remained flat at $$18.60 during midday trading on Friday. 9,767 shares of the stock were exchanged, compared to its average volume of 5,450. The stock has a market capitalization of $120.57 million, a P/E ratio of 12.32 and a beta of 0.89. SB Financial Group has a 1-year low of $16.05 and a 1-year high of $20.53. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.14.
SB Financial Group (NASDAQ:SBFG) last issued its quarterly earnings results on Thursday, January 24th. The financial services provider reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The firm had revenue of $12.54 million for the quarter, compared to analysts’ expectations of $12.50 million. SB Financial Group had a return on equity of 10.35% and a net margin of 20.74%. As a group, analysts expect that SB Financial Group will post 1.64 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, February 22nd. Stockholders of record on Friday, February 8th were issued a dividend of $0.085 per share. The ex-dividend date was Thursday, February 7th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.83%. SB Financial Group’s dividend payout ratio (DPR) is presently 22.52%.
About SB Financial Group
SB Financial Group, Inc, through its subsidiaries, provides range of banking and wealth management services to individual and corporate customers primarily in northwest Ohio and northeast Indiana. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit.
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