Princeton Bancorp (BPRN) Projected to Post Quarterly Earnings on Thursday

Princeton Bancorp (NASDAQ:BPRN - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect Princeton Bancorp to post earnings of $0.76 per share for the quarter.

Princeton Bancorp (NASDAQ:BPRN - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.11). On average, analysts expect Princeton Bancorp to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Princeton Bancorp Stock Down 0.3 %

Shares of BPRN stock traded down $0.08 during trading on Monday, reaching $28.38. The company's stock had a trading volume of 291 shares, compared to its average volume of 9,553. Princeton Bancorp has a one year low of $27.25 and a one year high of $39.35. The business has a fifty day moving average price of $30.47 and a 200-day moving average price of $33.72. The company has a market cap of $196.21 million, a price-to-earnings ratio of 16.83 and a beta of 0.48.

Princeton Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 5th were issued a dividend of $0.30 per share. The ex-dividend date was Wednesday, February 5th. This represents a $1.20 annualized dividend and a yield of 4.23%. Princeton Bancorp's payout ratio is presently 71.43%.

Insider Buying and Selling at Princeton Bancorp

In related news, Director Martin Tuchman bought 22,000 shares of the business's stock in a transaction dated Tuesday, February 11th. The stock was bought at an average price of $32.71 per share, for a total transaction of $719,620.00. Following the purchase, the director now owns 629,141 shares in the company, valued at $20,579,202.11. This represents a 3.62 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 23.00% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Janney Montgomery Scott upgraded shares of Princeton Bancorp from a "neutral" rating to a "buy" rating and set a $35.00 target price on the stock in a report on Tuesday, February 4th.

About Princeton Bancorp

Princeton Bancorp, Inc operates as the bank holding company for The Bank of Princeton that provides various banking products and services. It accepts various deposit products, including checking, savings, attorney trust, and money market accounts, as well as certificates of deposit. The company also offers traditional retail banking services, one-to-four-family residential mortgage loans, multi-family and commercial mortgage loans, construction loans, and commercial business loans, as well as consumer loans, including home equity loans and lines of credit.