How to buy Glen Burnie Bancorp stock - 07 March

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How to buy Glen Burnie Bancorp stock

Own Glen Burnie Bancorp stock in just a few minutes.

Fact checked

Glen Burnie Bancorp is a banks-regional business based in the US. Glen Burnie Bancorp shares (GLBZ) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Glen Burnie Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Glen Burnie Bancorp. Find the stock by name or ticker symbol: GLBZ. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Glen Burnie Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Glen Burnie Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Glen Burnie Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Glen Burnie Bancorp share price

Use our graph to track the performance of GLBZ stocks over time.

Glen Burnie Bancorp shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$7.1546 - USD$11.98
50-day moving average USD$11.3339
200-day moving average USD$10.3919
Wall St. target priceN/A
PE ratio 20.3231
Dividend yield USD$0.4 (3.42%)
Earnings per share (TTM) USD$0.588

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Glen Burnie Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Glen Burnie Bancorp under- or over-valued?

Valuing Glen Burnie Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Glen Burnie Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Glen Burnie Bancorp's P/E ratio

Glen Burnie Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Glen Burnie Bancorp shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Glen Burnie Bancorp financials

Revenue TTM USD$13.9 million
Operating margin TTM 16.93%
Gross profit TTM USD$13.9 million
Return on assets TTM 0.42%
Return on equity TTM 4.58%
Profit margin 12.04%
Book value $13.052
Market capitalisation USD$34 million

TTM: trailing 12 months

Shorting Glen Burnie Bancorp shares

There are currently 526 Glen Burnie Bancorp shares held short by investors – that's known as Glen Burnie Bancorp's "short interest". This figure is 267.8% up from 143 last month.

There are a few different ways that this level of interest in shorting Glen Burnie Bancorp shares can be evaluated.

Glen Burnie Bancorp's "short interest ratio" (SIR)

Glen Burnie Bancorp's "short interest ratio" (SIR) is the quantity of Glen Burnie Bancorp shares currently shorted divided by the average quantity of Glen Burnie Bancorp shares traded daily (recently around 3287.5). Glen Burnie Bancorp's SIR currently stands at 0.16. In other words for every 100,000 Glen Burnie Bancorp shares traded daily on the market, roughly 160 shares are currently held short.

However Glen Burnie Bancorp's short interest can also be evaluated against the total number of Glen Burnie Bancorp shares, or, against the total number of tradable Glen Burnie Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Glen Burnie Bancorp's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Glen Burnie Bancorp shares in existence, roughly 0 shares are currently held short) or 0.0002% of the tradable shares (for every 100,000 tradable Glen Burnie Bancorp shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Glen Burnie Bancorp.

Find out more about how you can short Glen Burnie Bancorp stock.

Glen Burnie Bancorp share dividends

81%

Dividend payout ratio: 81.22% of net profits

Recently Glen Burnie Bancorp has paid out, on average, around 81.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Glen Burnie Bancorp shareholders could enjoy a 3.42% return on their shares, in the form of dividend payments. In Glen Burnie Bancorp's case, that would currently equate to about $0.4 per share.

Glen Burnie Bancorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Glen Burnie Bancorp's most recent dividend payout was on 8 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 22 January 2021 (the "ex-dividend date").

Have Glen Burnie Bancorp's shares ever split?

Glen Burnie Bancorp's shares were split on a 120:100 basis on 10 January 2008. So if you had owned 100 shares the day before before the split, the next day you'd have owned 120 shares. This wouldn't directly have changed the overall worth of your Glen Burnie Bancorp shares – just the quantity. However, indirectly, the new 16.7% lower share price could have impacted the market appetite for Glen Burnie Bancorp shares which in turn could have impacted Glen Burnie Bancorp's share price.

Glen Burnie Bancorp share price volatility

Over the last 12 months, Glen Burnie Bancorp's shares have ranged in value from as little as $7.1546 up to $11.98. A popular way to gauge a stock's volatility is its "beta".

GLBZ.US volatility(beta: 0.96)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Glen Burnie Bancorp's is 0.9552. This would suggest that Glen Burnie Bancorp's shares are less volatile than average (for this exchange).

Glen Burnie Bancorp overview

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers ancillary products and services comprising safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, automated teller machine services, and telephone and Internet banking services. Further, it provides treasury services, including wire transfer and ACH services, and debit cards; and telephone, mobile, and Internet banking services, as well as Internet bill paying services. Additionally, the company engages in the business of acquiring, holding, and disposing of real property. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also has a remote ATM located in Pasadena, Maryland. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.

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