Prime Meridian (PMHG) Stock Price, News & Analysis

Company Overview

Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company accepts various deposits, such as checking, money market, savings, term certificate of deposit, demand interest-bearing and noninterest-bearing, health savings, NOW, and escrow accounts, as well as retirement savings plans and time deposits. Its loan products include commercial real estate, residential real estate and home equity, small business administration, construction, equipment, and commercial loans; and consumer and other loans comprising financing of automobiles, boats, and recreational vehicles, as well as issues standby letters and business lines of credit. The company also offers debit and credit cards; mobile banking, remote and mobile deposit, Apple Pay, bank-to-bank transfer, and online banking services; and safe deposit, wire transfer, foreign exchange, direct deposits, notary, night depository, official checks, domestic collections, bank drafts, automated teller services, drive-in tellers, merchant card, and banking by mail services, as well as invests in securities. Prime Meridian Holding Company was founded in 2008 and is headquartered in Tallahassee, Florida.

Key Stats

• Today's Range: $29.00 to $29.99
• 50-Day Range: $23.75 to $29.99
• 52-Week Range: $20.15 to $29.99
• Volume: 6,090 shs
• Average Volume: 2,059 shs
• Market Capitalization: $98.57 million
• P/E Ratio: 12.19
• Dividend Yield: 0.83%
• Price Target: N/A
• Consensus Rating: N/A

Prime Meridian Stock Analysis - MarketRank™

Prime Meridian scored higher than 26% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Prime Meridian.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Prime Meridian is 12.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Prime Meridian is 12.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.63.

Price to Book Value per Share Ratio

Prime Meridian has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.01% of the outstanding shares of Prime Meridian have been sold short.

Short Interest Ratio / Days to Cover

Prime Meridian has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Prime Meridian has recently decreased by 50.00%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Prime Meridian has a dividend yield of 0.83%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Prime Meridian does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Prime Meridian is 10.16%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.01% of the outstanding shares of Prime Meridian have been sold short.

Short Interest Ratio / Days to Cover

Prime Meridian has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Prime Meridian has recently decreased by 50.00%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Prime Meridian this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Prime Meridian insiders have not sold or bought any company stock.

Percentage Held by Insiders

25.90% of the stock of Prime Meridian is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 11.79% of the stock of Prime Meridian is held by institutions.

PMHG Stock Analysis - Frequently Asked Questions

How have PMHG shares performed this year?

Prime Meridian's stock was trading at $23.55 on January 1st, 2024. Since then, PMHG shares have increased by 27.3% and is now trading at $29.98.
View the best growth stocks for 2024 here.

How were Prime Meridian's earnings last quarter?

Prime Meridian Holding (OTCMKTS:PMHG) announced its quarterly earnings data on Friday, October, 25th. The company reported $0.78 earnings per share for the quarter. The business earned $8.47 million during the quarter. Prime Meridian had a trailing twelve-month return on equity of 9.76% and a net margin of 16.83%.

How do I buy shares of Prime Meridian?

Shares of PMHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Prime Meridian own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Prime Meridian investors own include Applied Materials (AMAT), 3M (MMM), Seritage Growth Properties (SRG), Tyson Foods (TSN), American Tower (AMT), AutoZone (AZO) and Alibaba Group (BABA).

Company Calendar

• Last Earnings: 10/25/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: OTCMKTS:PMHG
• CUSIP: N/A
• CIK: 1586454
• Web: www.primemeridianbank.com
• Phone: 850-907-2301
• Fax: N/A
• Employees: 100
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.46
• Trailing P/E Ratio: 12.19
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $8.71 million
• Net Margins: 16.83%
• Pretax Margin: 22.10%
• Return on Equity: 9.76%
• Return on Assets: 0.92%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.96
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $41.82 million
• Price / Sales: 2.36
• Cash Flow: $2.92 per share
• Price / Cash Flow: 10.25
• Book Value: $24.46 per share
• Price / Book: 1.23

Miscellaneous

• Outstanding Shares: 3,288,000
• Free Float: 2,436,000
• Market Cap: $98.57 million
• Optionable: Not Optionable
• Beta: 0.54