Sandler O’Neill downgraded shares of Farmers National Banc Corp. (NASDAQ:FMNB) from a buy rating to a hold rating in a report published on Friday morning, The Fly reports.
Separately, Zacks Investment Research cut shares of Farmers National Banc Corp. from a buy rating to a hold rating in a research report on Wednesday, June 22nd.
Shares of Farmers National Banc Corp. (NASDAQ:FMNB) opened at 10.80 on Friday. The company has a 50 day moving average price of $10.12 and a 200-day moving average price of $9.37. The firm has a market cap of $292.11 million, a PE ratio of 19.46 and a beta of 0.24. Farmers National Banc Corp. has a 12-month low of $7.60 and a 12-month high of $11.82.
Farmers National Banc Corp. (NASDAQ:FMNB) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.01. Farmers National Banc Corp. had a net margin of 16.63% and a return on equity of 8.10%. Analysts expect that Farmers National Banc Corp. will post $0.77 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 9th will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Wednesday, September 7th. Farmers National Banc Corp.’s dividend payout ratio (DPR) is currently 28.57%.
About Farmers National Banc Corp.
Farmers National Banc Corp. is a one-bank holding company. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank), Farmers Trust Company (Farmers Trust) and National Associates, Inc (NAI). The Company’s segments include the Bank, Trust and Retirement Consulting.
Receive News & Ratings for Farmers National Banc Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers National Banc Corp. and related companies with MarketBeat.com's FREE daily email newsletter.