Bar Harbor Bankshares (NYSEAMERICAN:BHB – Free Report) had its target price increased by Keefe, Bruyette & Woods from $35.00 to $36.00 in a research report released on Monday morning,Benzinga reports. The brokerage currently has a market perform rating on the financial services provider’s stock.
Bar Harbor Bankshares Price Performance
BHB stock opened at $30.57 on Monday. Bar Harbor Bankshares has a 1 year low of $23.26 and a 1 year high of $38.47. The company has a market capitalization of $466.80 million, a P/E ratio of 10.73 and a beta of 0.72. The business has a 50-day moving average of $31.17. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.54.
Bar Harbor Bankshares Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Thursday, February 20th. Bar Harbor Bankshares’s dividend payout ratio is 42.11%.
Hedge Funds Weigh In On Bar Harbor Bankshares
About Bar Harbor Bankshares
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.
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