Key Points
- Insider sale: EVP Sharon Jackson sold 1,500 shares on May 1 at an average price of $15.64 for $23,460, cutting her stake to 24,330 shares (a 5.81% ownership decrease).
- Dividend increase: The board raised the quarterly dividend to $0.07 (from $0.06), implying a $0.28 annualized payout and ~1.8% yield; record/ex-dividend date was April 27 with payment on May 18.
- Earnings beat and bullish analyst view: Fvcbankcorp reported Q1 EPS of $0.35 versus a $0.33 consensus, and analysts are upbeat—Piper Sandler reaffirmed an "overweight" and lifted its $19 target while Weiss Ratings upgraded to "buy," leaving a consensus "Moderate Buy" and $19 average target.
Fvcbankcorp, Inc. (NASDAQ:FVCB - Get Free Report) EVP Sharon Jackson sold 1,500 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $15.64, for a total transaction of $23,460.00. Following the completion of the transaction, the executive vice president owned 24,330 shares in the company, valued at $380,521.20. This represents a 5.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Fvcbankcorp Stock Down 0.6%
Shares of NASDAQ:FVCB opened at $15.68 on Tuesday. Fvcbankcorp, Inc. has a 52 week low of $11.13 and a 52 week high of $18.41. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market capitalization of $281.93 million, a PE ratio of 12.25 and a beta of 0.36. The company has a 50 day moving average price of $15.27 and a two-hundred day moving average price of $14.23.
Fvcbankcorp (NASDAQ:FVCB - Get Free Report) last issued its earnings results on Tuesday, April 21st. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.33%. The firm had revenue of $0.88 million during the quarter, compared to the consensus estimate of $18.24 million. Analysts forecast that Fvcbankcorp, Inc. will post 1.42 earnings per share for the current year.
Fvcbankcorp Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, May 18th. Shareholders of record on Monday, April 27th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Monday, April 27th. This is a boost from Fvcbankcorp's previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a yield of 1.8%. Fvcbankcorp's payout ratio is currently 21.88%.
Analyst Upgrades and Downgrades
FVCB has been the subject of several recent analyst reports. Piper Sandler reaffirmed an "overweight" rating and issued a $19.00 target price (up from $18.00) on shares of Fvcbankcorp in a research note on Monday. Weiss Ratings raised shares of Fvcbankcorp from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $19.00.
View Our Latest Stock Report on Fvcbankcorp
Institutional Investors Weigh In On Fvcbankcorp
Several institutional investors have recently added to or reduced their stakes in FVCB. Ategra Capital Management LLC lifted its position in Fvcbankcorp by 211.3% in the 3rd quarter. Ategra Capital Management LLC now owns 368,633 shares of the company's stock valued at $4,781,000 after acquiring an additional 250,232 shares in the last quarter. Fourthstone LLC lifted its position in Fvcbankcorp by 19.6% in the 4th quarter. Fourthstone LLC now owns 1,088,952 shares of the company's stock valued at $15,147,000 after acquiring an additional 178,132 shares in the last quarter. Westbourne Investments Inc. lifted its position in Fvcbankcorp by 205.5% in the 3rd quarter. Westbourne Investments Inc. now owns 211,510 shares of the company's stock valued at $2,585,000 after acquiring an additional 142,267 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in Fvcbankcorp in the 3rd quarter valued at $678,000. Finally, Millennium Management LLC grew its position in Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company's stock valued at $941,000 after purchasing an additional 25,075 shares in the last quarter. 43.61% of the stock is owned by institutional investors.
About Fvcbankcorp
(
Get Free Report)
Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.
The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.
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