Bank Mutual Co. (NASDAQ:BKMU) has received an average broker rating score of 3.00 (Hold) from the four brokers that cover the stock, Zacks Investment Research reports. Four equities research analysts have rated the stock with a hold rating.
Brokerages have set a 12-month consensus target price of $9.75 for the company and are forecasting that the company will post $0.12 EPS for the current quarter, according to Zacks. Zacks has also assigned Bank Mutual an industry rank of 19 out of 265 based on the ratings given to its competitors.
A number of brokerages have weighed in on BKMU. Zacks Investment Research raised Bank Mutual from a “sell” rating to a “hold” rating and set a $12.00 price target for the company in a research report on Tuesday, December 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $11.00 price target on shares of Bank Mutual in a research report on Thursday, October 19th. Finally, BidaskClub raised Bank Mutual from a “hold” rating to a “buy” rating in a research report on Saturday, January 13th.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Context BH Capital Management LP acquired a new position in shares of Bank Mutual during the 3rd quarter worth about $115,000. SG Americas Securities LLC acquired a new position in shares of Bank Mutual during the 3rd quarter worth about $115,000. Susquehanna International Group LLP acquired a new position in shares of Bank Mutual during the 2nd quarter worth about $127,000. Crossmark Global Holdings Inc. acquired a new position in shares of Bank Mutual during the 3rd quarter worth about $149,000. Finally, Municipal Employees Retirement System of Michigan lifted its position in shares of Bank Mutual by 58.8% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 15,860 shares of the financial services provider’s stock worth $161,000 after purchasing an additional 5,870 shares during the last quarter. 54.81% of the stock is owned by institutional investors and hedge funds.
Shares of Bank Mutual (NASDAQ BKMU) opened at $10.65 on Tuesday. Bank Mutual has a 12-month low of $8.60 and a 12-month high of $11.30. The firm has a market capitalization of $489.24, a PE ratio of 36.72, a price-to-earnings-growth ratio of 4.16 and a beta of 0.55. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.06 and a quick ratio of 1.06.
Bank Mutual (NASDAQ:BKMU) last announced its quarterly earnings results on Wednesday, January 17th. The financial services provider reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. Bank Mutual had a return on equity of 6.59% and a net margin of 12.07%. The company had revenue of $25.39 million during the quarter, compared to analysts’ expectations of $25.10 million. sell-side analysts expect that Bank Mutual will post 0.51 EPS for the current fiscal year.
About Bank Mutual
Bank Mutual Corporation is a savings and loan holding company. The Company owns Bank Mutual (the Bank), a federally-chartered savings bank. The Bank is engaged in the business of community banking, which includes attracting deposits from and making loans to the general public and private businesses, as well as governmental and non-profit entities.
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