Analysts Anticipate SB Financial Group Inc (NASDAQ:SBFG) to Post $0.44 Earnings Per Share

SB Financial Group Inc (NASDAQ:SBFG) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokers have set a 1-year consensus price target of $21.00 for the company and are forecasting that the company will post $0.44 EPS for the current quarter, according to Zacks. Zacks has also given SB Financial Group an industry rank of 178 out of 256 based on the ratings given to its competitors.

A number of analysts recently weighed in on SBFG shares. ValuEngine upgraded shares of China Southern Airlines from a “sell” rating to a “hold” rating in a research note on Tuesday, June 11th. Zacks Investment Research cut shares of Hope Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 26th.



Shares of SB Financial Group stock traded up $0.10 during trading hours on Friday, hitting $16.65. The company had a trading volume of 2,202 shares, compared to its average volume of 19,034. The company’s 50-day moving average price is $16.97. SB Financial Group has a twelve month low of $16.05 and a twelve month high of $20.53. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market cap of $106.75 million, a P/E ratio of 11.03 and a beta of 0.73.

SB Financial Group (NASDAQ:SBFG) last issued its earnings results on Thursday, April 18th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.04. SB Financial Group had a net margin of 20.19% and a return on equity of 10.45%. The business had revenue of $11.34 million during the quarter, compared to analysts’ expectations of $11.90 million. Equities research analysts expect that SB Financial Group will post 1.64 earnings per share for the current fiscal year.

In other SB Financial Group news, Director George W. Carter purchased 1,500 shares of the firm’s stock in a transaction that occurred on Friday, May 10th. The stock was purchased at an average price of $17.99 per share, for a total transaction of $26,985.00. Following the purchase, the director now directly owns 3,187 shares in the company, valued at $57,334.13. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders have purchased 3,170 shares of company stock valued at $55,393. 4.10% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. raised its position in SB Financial Group by 10.2% during the 4th quarter. BlackRock Inc. now owns 6,854 shares of the financial services provider’s stock worth $113,000 after buying an additional 635 shares during the last quarter. Acadian Asset Management LLC raised its position in SB Financial Group by 8.9% during the 4th quarter. Acadian Asset Management LLC now owns 24,449 shares of the financial services provider’s stock worth $403,000 after buying an additional 2,004 shares during the last quarter. Punch & Associates Investment Management Inc. raised its position in SB Financial Group by 26.4% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 98,000 shares of the financial services provider’s stock worth $1,766,000 after buying an additional 20,486 shares during the last quarter. Dimensional Fund Advisors LP raised its position in SB Financial Group by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 112,565 shares of the financial services provider’s stock worth $1,852,000 after buying an additional 1,828 shares during the last quarter. Finally, Cutler Capital Management LLC raised its position in SB Financial Group by 15.3% during the 4th quarter. Cutler Capital Management LLC now owns 130,169 shares of the financial services provider’s stock worth $2,141,000 after buying an additional 17,302 shares during the last quarter. Hedge funds and other institutional investors own 47.51% of the company’s stock.

About SB Financial Group

SB Financial Group, Inc, through its subsidiaries, provides range of banking and wealth management services to individual and corporate customers primarily in northwest Ohio and northeast Indiana. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit.

Further Reading: Why do analysts give a neutral rating?

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