How to buy Northeast Bank stock | $34.34

Northeast Bank is a banks-regional business based in the US. Northeast Bank shares (NBN) are listed on the NASDAQ and all prices are listed in US Dollars. Northeast Bank employs 160 staff and has a trailing 12-month revenue of around 0.00.

Northeast Bank stock price (NASDAQ: NBN)

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

Northeast Bank shares at a glance

• Key figures

Information last updated 2021-10-23.

Latest market close	$34.34
52-week range	$18.02 - $38.31
50-day moving average	$34.32
200-day moving average	$31.05
Wall St. target price	$38.00
PE ratio	4.1146
Dividend yield	$0.04 (0.11%)
Earnings per share (TTM)	$8.55

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Is it a good time to buy Northeast Bank 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.

Northeast Bank price performance over time

Historical closes compared with the close of $34.34 from 2021-10-27

1 week (2021-10-21)	-3.27%
1 month (2021-09-28)	1.33%
3 months (2021-07-28)	13.52%
6 months (2021-04-28)	19.36%

1 year (2020-10-28)	81.98%
2 years (2019-10-28)	54.34%
3 years (2018-10-26)	71.02%
5 years (2016-10-28)	210.97%

Is Northeast Bank under- or over-valued?

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

Northeast Bank's P/E ratio

Northeast Bank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Northeast Bank shares trade at around 4x 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.

Northeast Bank financials

Revenue TTM	$140.5 million
Operating margin TTM	71.96%
Gross profit TTM	$140.5 million
Return on assets TTM	4.17%
Return on equity TTM	36.01%
Profit margin	50.89%
Book value	$28.51
Market capitalisation	$289.5 million

TTM: trailing 12 months

Shorting Northeast Bank shares

There are currently 39,468 Northeast Bank shares held short by investors – that's known as Northeast Bank's "short interest". This figure is 21.5% up from 32,486 last month.

There are a few different ways that this level of interest in shorting Northeast Bank shares can be evaluated.

Northeast Bank's "short interest ratio" (SIR)

Northeast Bank's "short interest ratio" (SIR) is the quantity of Northeast Bank shares currently shorted divided by the average quantity of Northeast Bank shares traded daily (recently around 26488.590604027). Northeast Bank's SIR currently stands at 1.49. In other words for every 100,000 Northeast Bank shares traded daily on the market, roughly 1490 shares are currently held short.

However Northeast Bank's short interest can also be evaluated against the total number of Northeast Bank shares, or, against the total number of tradable Northeast Bank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Northeast Bank's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Northeast Bank shares in existence, roughly 0 shares are currently held short) or 0.0053% of the tradable shares (for every 100,000 tradable Northeast Bank shares, roughly 5 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 Northeast Bank.

Find out more about how you can short Northeast Bank stock.

Northeast Bank share dividends

Dividend payout ratio: 0.47% of net profits

Recently Northeast Bank has paid out, on average, around 0.47% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.11% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Northeast Bank shareholders could enjoy a 0.11% return on their shares, in the form of dividend payments. In Northeast Bank's case, that would currently equate to about $0.04 per share.

While Northeast Bank's payout ratio might seem low, this can signify that Northeast Bank is investing more in its future growth.

Northeast Bank's most recent dividend payout was on 26 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 August 2021 (the "ex-dividend date").

Have Northeast Bank's shares ever split?

Northeast Bank's shares were split on a 3:2 basis on 15 December 1997. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Northeast Bank shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Northeast Bank shares which in turn could have impacted Northeast Bank's share price.

Northeast Bank share price volatility

Over the last 12 months, Northeast Bank's shares have ranged in value from as little as $18.0226 up to $38.31. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Northeast Bank's is 1.6725. This would suggest that Northeast Bank's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Northeast Bank overview

Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. It operates a network of nine branches in Western, Central, and Southern Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine. .

Frequently asked questions

What percentage of Northeast Bank is owned by insiders or institutions?
Currently 0.264% of Northeast Bank shares are held by insiders and 57.481% by institutions. How many people work for Northeast Bank?
Latest data suggests 160 work at Northeast Bank. When does the fiscal year end for Northeast Bank?
Northeast Bank's fiscal year ends in June. Where is Northeast Bank based?
Northeast Bank's address is: 27 Pearl Street, Portland, ME, United States, 04101 What is Northeast Bank's ISIN number?
Northeast Bank's international securities identification number is: US66405S1006 What is Northeast Bank's CUSIP number?
Northeast Bank's Committee on Uniform Securities Identification Procedures number is: 663904100