Bar Harbor Bankshares (BHB) Expected to Announce Quarterly Earnings on Thursday

Bar Harbor Bankshares (NYSEAMERICAN:BHB) is projected to announce its earnings results before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $0.69 per share and revenue of $34.21 million for the quarter.

Bar Harbor Bankshares Trading Down 0.3 %

BHB opened at $27.70 on Tuesday. The firm has a market cap of $422.98 million, a price-to-earnings ratio of 9.72 and a beta of 0.72. Bar Harbor Bankshares has a 52 week low of $23.26 and a 52 week high of $38.47. The business’s 50 day moving average is $30.65 and its two-hundred day moving average is $31.39. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.54.

Bar Harbor Bankshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, February 20th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $1.20 annualized dividend and a yield of 4.33%. Bar Harbor Bankshares’s dividend payout ratio (DPR) is 42.11%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. StockNews.com assumed coverage on Bar Harbor Bankshares in a report on Sunday. They set a “hold” rating on the stock. Keefe, Bruyette & Woods lifted their target price on Bar Harbor Bankshares from $35.00 to $36.00 and gave the company a “market perform” rating in a research note on Monday, March 17th.

Bar Harbor Bankshares Company Profile

Bar Harbor Bankshares operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses. It accepts various deposit products, including interest-bearing and non-interest-bearing demand accounts, savings accounts, time deposits, and money market deposit accounts, as well as certificates of deposit.