SB Financial Group (NASDAQ:SBFG) Stock Crosses Below 200-Day Moving Average of $14.28

Shares of SB Financial Group, Inc. (NASDAQ:SBFG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.28 and traded as low as $13.84. SB Financial Group shares last traded at $14.13, with a volume of 1,815 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of SB Financial Group in a research report on Tuesday, June 25th. They issued a “hold” rating on the stock.

SB Financial Group Trading Up 0.9 %

The stock has a fifty day moving average of $13.84 and a 200 day moving average of $14.28. The company has a market capitalization of $95.52 million, a P/E ratio of 8.07 and a beta of 0.73. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 0.90.

SB Financial Group (NASDAQ:SBFG) last released its earnings results on Thursday, April 18th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. SB Financial Group had a return on equity of 10.00% and a net margin of 15.47%. The firm had revenue of $13.13 million during the quarter, compared to analysts’ expectations of $13.50 million. As a group, equities research analysts anticipate that SB Financial Group, Inc. will post 1.41 EPS for the current fiscal year.

SB Financial Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.56 annualized dividend and a yield of 3.96%. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. SB Financial Group’s payout ratio is presently 32.00%.

Institutional Trading of SB Financial Group

An institutional investor recently raised its position in SB Financial Group stock. Gendell Jeffrey L increased its stake in SB Financial Group, Inc. (NASDAQ:SBFG) by 23.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,488 shares of the financial services provider’s stock after buying an additional 8,654 shares during the period. Gendell Jeffrey L owned 0.67% of SB Financial Group worth $698,000 as of its most recent SEC filing. Institutional investors and hedge funds own 66.67% of the company’s stock.

About SB Financial Group

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.