Closing Strong: Bank of Marin Bancorp (BMRC) Ends at $26.62, Up 0.08 from Last Close

Kevin Freeman

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

After finishing at $26.6 in the prior trading day, Bank of Marin Bancorp (NASDAQ: BMRC) closed at $26.62, up 0.08%. In other words, the price has increased by $0.08 from its previous closing price. On the day, 89753.0 shares were traded. BMRC stock price reached its highest trading level at $26.89 during the session, while it also had its lowest trading level at $26.51.

Ratios:

Our goal is to gain a better understanding of BMRC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.

On October 10, 2024, DA Davidson Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $24.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMRC now has a Market Capitalization of 429255552 and an Enterprise Value of 224665248. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.00, and their Forward P/E ratio for the next fiscal year is 11.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.06 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 2.317.

Stock Price History:

The Beta on a monthly basis for BMRC is 0.84, which has changed by 0.11343658 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, BMRC has reached a high of $28.48, while it has fallen to a 52-week low of $19.14. The 50-Day Moving Average of the stock is 2.19%, while the 200-Day Moving Average is calculated to be 12.76%.

Shares Statistics:

The stock has traded on average 76.75K shares per day over the past 3-months and 107900 shares per day over the last 10 days, according to various share statistics. A total of 16.09M shares are outstanding, with a floating share count of 14.51M. Insiders hold about 9.84% of the company’s shares, while institutions hold 63.83% stake in the company. Shares short for BMRC as of 1764288000 were 508488 with a Short Ratio of 6.04, compared to 1761868800 on 513727. Therefore, it implies a Short% of Shares Outstanding of 508488 and a Short% of Float of 3.2399999999999998.

Dividends & Splits

In the trailing 12 months, BMRC’s forward annual dividend rate was 1.0, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 0.037593983. The stock’s 5-year Average Dividend Yield is 3.98.

Earnings Estimates

The stock of Bank of Marin Bancorp (BMRC) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.51, with high estimates of $0.6 and low estimates of $0.42.

Analysts are recommending an EPS of between $1.69 and $1.55 for the fiscal current year, implying an average EPS of $1.63. EPS for the following year is $2.23, with 6.0 analysts recommending between $2.4 and $2.0.

Revenue Estimates

5 analysts predict $32.96M in revenue for. The current quarter. It ranges from a high estimate of $33.38M to a low estimate of $32.3M. As of. The current estimate, Bank of Marin Bancorp’s year-ago sales were $28.16MFor the next quarter, 5 analysts are estimating revenue of $33.6M. There is a high estimate of $34.62M for the next quarter, whereas the lowest estimate is $32.1M.

A total of 5 analysts have provided revenue estimates for BMRC’s current fiscal year. The highest revenue estimate was $121.61M, while the lowest revenue estimate was $101.4M, resulting in an average revenue estimate of $113.58M. In the same quarter a year ago, actual revenue was $106.54MBased on 5 analysts’ estimates, the company’s revenue will be $139.45M in the next fiscal year. The high estimate is $143.5M and the low estimate is $133.4M.

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