Farmers National Banc (NASDAQ:FMNB) Price Target Lowered to $14.00 at Piper Sandler

Farmers National Banc (NASDAQ:FMNB) had its price target reduced by Piper Sandler from $16.00 to $14.00 in a research note released on Thursday,Benzinga reports. They currently have a neutral rating on the bank’s stock.

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Farmers National Banc in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Farmers National Banc has an average rating of “Hold” and a consensus target price of $14.50.

Farmers National Banc Trading Up 0.7%

Shares of NASDAQ:FMNB opened at $12.85 on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.19. Farmers National Banc has a 52-week low of $11.58 and a 52-week high of $15.50. The stock has a market cap of $483.80 million, a price-to-earnings ratio of 8.86 and a beta of 0.85. The business has a 50-day moving average price of $13.67 and a 200-day moving average price of $13.90.

Farmers National Banc (NASDAQ:FMNB) last issued its earnings results on Wednesday, January 28th. The bank reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.07). Farmers National Banc had a net margin of 19.50% and a return on equity of 13.34%. The firm had revenue of $49.89 million during the quarter, compared to analysts’ expectations of $50.70 million. Equities analysts predict that Farmers National Banc will post 1.45 EPS for the current year.

Farmers National Banc Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Friday, February 13th. Farmers National Banc’s payout ratio is currently 47.22%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Farmers National Banc by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 2,127,360 shares of the bank’s stock worth $30,655,000 after acquiring an additional 52,854 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Farmers National Banc by 0.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,235,427 shares of the bank’s stock worth $17,802,000 after purchasing an additional 5,871 shares during the period. Geode Capital Management LLC boosted its position in Farmers National Banc by 4.9% during the second quarter. Geode Capital Management LLC now owns 917,657 shares of the bank’s stock worth $12,657,000 after purchasing an additional 42,803 shares in the last quarter. Farmers Trust Co. grew its holdings in Farmers National Banc by 0.4% in the third quarter. Farmers Trust Co. now owns 548,235 shares of the bank’s stock valued at $7,900,000 after purchasing an additional 2,300 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of Farmers National Banc by 0.7% in the second quarter. The Manufacturers Life Insurance Company now owns 419,077 shares of the bank’s stock valued at $5,779,000 after buying an additional 2,880 shares in the last quarter. Hedge funds and other institutional investors own 38.72% of the company’s stock.

Key Headlines Impacting Farmers National Banc

Here are the key news stories impacting Farmers National Banc this week:

• Positive Sentiment: Company declared a quarterly cash dividend of $0.17 per share (record 2/13, pay 2/27), implying a ~5.3% yield — a clear income support for the stock and a reason income-focused investors may hold.
• Positive Sentiment: Reports say the bank “posts solid Q4 results” and is looking at potential merger activity, which could be accretive or signal strategic growth options if executed. TipRanks: Farmers National Banc posts solid Q4 results, eyes merger
• Neutral Sentiment: Analysts and write-ups are digging into quarter metrics to contextualize performance vs. estimates and year-ago results — useful color but not new directional news by itself. Zacks: Here’s What Key Metrics Tell Us
• Neutral Sentiment: Reported short interest data is effectively zero/blank and shows a 0.0 days-to-cover — indicating no visible short pressure, though the supplied data appears unreliable and should be treated cautiously.
• Negative Sentiment: Q4 EPS of $0.40 missed the consensus $0.47 and revenue of $49.89M missed estimates (~$50.7M), a clear near-term negative catalyst that explains selling pressure after results. Zacks: Q4 Earnings and Revenues Lag Estimates Press Release
• Negative Sentiment: Piper Sandler lowered its price target from $16 to $14 and set a “neutral” rating — a formal pullback in analyst enthusiasm that may cap upside near-term. Benzinga: Piper Sandler PT Cut

Farmers National Banc Company Profile

Farmers National Banc Corp. operates as the bank holding company for Farmers National Bank, a community-oriented financial institution headquartered in Ada, Ohio. The company provides a comprehensive suite of banking services through a network of branches serving rural and small-town markets across central Ohio. Its local decision-making model emphasizes personalized customer service and close ties to the communities it serves.

The company’s primary business activities include the origination of commercial loans, consumer installment loans, agricultural financing, and residential mortgages.