Shares of BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) have received an average broker rating score of 1.50 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and one has assigned a strong buy rating to the company.

Brokers have set a 1 year consensus price target of $15.00 for the company and are anticipating that the company will post $0.21 earnings per share for the current quarter, according to Zacks. Zacks has also given BCB Bancorp, Inc. (NJ) an industry rank of 164 out of 265 based on the ratings given to its competitors.

Several analysts recently commented on BCBP shares. ValuEngine cut BCB Bancorp, Inc. (NJ) from a “buy” rating to a “hold” rating in a report on Friday, September 8th. Keefe, Bruyette & Woods started coverage on BCB Bancorp, Inc. (NJ) in a report on Thursday, September 14th. They set an “outperform” rating and a $14.00 price target on the stock. Finally, DA Davidson started coverage on BCB Bancorp, Inc. (NJ) in a report on Thursday, September 14th. They set a “buy” rating and a $15.00 price target on the stock.

In related news, Director James G. Rizzo purchased 12,500 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was acquired at an average cost of $12.25 per share, with a total value of $153,125.00. Following the transaction, the director now owns 48,500 shares of the company’s stock, valued at approximately $594,125. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Thomas Michael Coughlin purchased 20,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was bought at an average cost of $12.25 per share, with a total value of $245,000.00. Following the completion of the transaction, the insider now directly owns 175,604 shares in the company, valued at approximately $2,151,149. The disclosure for this purchase can be found here. Insiders have bought 48,430 shares of company stock worth $606,389 over the last ninety days. 16.76% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BCBP. Wells Fargo & Company MN increased its position in shares of BCB Bancorp, Inc. (NJ) by 2,369.8% during the 3rd quarter. Wells Fargo & Company MN now owns 9,904 shares of the bank’s stock valued at $139,000 after purchasing an additional 9,503 shares during the last quarter. Strs Ohio increased its position in shares of BCB Bancorp, Inc. (NJ) by 346.4% during the 3rd quarter. Strs Ohio now owns 12,500 shares of the bank’s stock valued at $174,000 after purchasing an additional 9,700 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of BCB Bancorp, Inc. (NJ) during the 3rd quarter valued at $140,000. Rhumbline Advisers purchased a new stake in shares of BCB Bancorp, Inc. (NJ) during the 2nd quarter valued at $153,000. Finally, New York State Common Retirement Fund purchased a new stake in shares of BCB Bancorp, Inc. (NJ) during the 2nd quarter valued at $155,000. 32.45% of the stock is owned by institutional investors and hedge funds.

BCB Bancorp, Inc. (NASDAQ:BCBP) traded down $0.05 during trading hours on Monday, hitting $14.50. The stock had a trading volume of 56,706 shares, compared to its average volume of 37,224. The company has a market capitalization of $218.71, a PE ratio of 15.16, a P/E/G ratio of 1.58 and a beta of 0.43. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.11 and a current ratio of 1.12. BCB Bancorp, Inc. has a 52 week low of $12.05 and a 52 week high of $17.05.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last released its quarterly earnings results on Thursday, October 19th. The bank reported $0.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The company had revenue of $17.21 million for the quarter, compared to analysts’ expectations of $17.70 million. BCB Bancorp, Inc. (NJ) had a return on equity of 9.04% and a net margin of 14.19%. equities analysts forecast that BCB Bancorp, Inc. will post 0.92 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date was Thursday, November 2nd. BCB Bancorp, Inc. (NJ)’s payout ratio is 58.33%.

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About BCB Bancorp, Inc. (NJ)

BCB Bancorp, Inc is the holding company parent of BCB Community Bank (the Bank). The Bank is a community-oriented financial institution. Its business is to offer Federal Deposit Insurance Corporation (FDIC)-insured deposit products and to invest funds held in deposit accounts at the Bank, together with funds generated from operations, in loans and investment securities.

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