MainStreet Bancshares, Inc. (NASDAQ:MNSB - Get Free Report) dropped 0.7% on Thursday . The company traded as low as $17.25 and last traded at $17.25. Approximately 4,455 shares changed hands during trading, a decline of 77% from the average daily volume of 19,248 shares. The stock had previously closed at $17.37.
MainStreet Bancshares Trading Up 0.2 %
The company has a debt-to-equity ratio of 0.37, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $133.85 million, a price-to-earnings ratio of -10.76 and a beta of 0.55. The firm's fifty day moving average is $16.72 and its 200-day moving average is $17.62.
MainStreet Bancshares (NASDAQ:MNSB - Get Free Report) last announced its earnings results on Monday, January 27th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.33). MainStreet Bancshares had a negative net margin of 7.24% and a positive return on equity of 2.96%. Equities analysts anticipate that MainStreet Bancshares, Inc. will post 1.1 earnings per share for the current year.
MainStreet Bancshares Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, February 17th. Stockholders of record on Monday, February 10th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.31%. The ex-dividend date was Monday, February 10th. MainStreet Bancshares's dividend payout ratio (DPR) is -24.84%.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. Fourthstone LLC bought a new stake in MainStreet Bancshares in the third quarter valued at $1,441,000. Barclays PLC grew its stake in shares of MainStreet Bancshares by 34.0% in the 3rd quarter. Barclays PLC now owns 16,759 shares of the company's stock valued at $310,000 after buying an additional 4,256 shares during the period. Geode Capital Management LLC increased its position in MainStreet Bancshares by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 62,970 shares of the company's stock valued at $1,162,000 after buying an additional 826 shares in the last quarter. JPMorgan Chase & Co. increased its position in MainStreet Bancshares by 4,811.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,743 shares of the company's stock valued at $161,000 after buying an additional 8,565 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in MainStreet Bancshares by 1.8% during the 4th quarter. Empowered Funds LLC now owns 33,064 shares of the company's stock worth $598,000 after buying an additional 592 shares during the period. Institutional investors and hedge funds own 52.29% of the company's stock.
MainStreet Bancshares Company Profile
(
Get Free Report)
MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.
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