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How to buy Northeast Bank stock in Canada | $29.36

Own Northeast Bank shares in just a few minutes.

Northeast Bank
NASDAQ: NBN - USD
BANKS-REGIONAL
$32.50
+$0.95 (+3.01%)

Northeast Bank is a banks-regional business based in the US. Northeast Bank stocks (NBN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $30.03 – an increase of 1.45% over the previous week. Northeast Bank employs 169 staff and has a trailing 12-month revenue of around $127.1 million.

How to buy Northeast Bank stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NBN in this case.
  5. Research Northeast Bank stocks. The platform should provide the latest information available.
  6. Buy your Northeast Bank stocks. It's that simple.

How has Coronavirus impacted Northeast Bank's stock price?

Since the stock market crash in March caused by coronavirus, Northeast Bank's stock price has had significant positive movement.

Its last market close was $29.36, which is 30.52% up on its pre-crash value of $20.4 and 373.55% up on the lowest point reached during the March crash when the stocks fell as low as $6.2.

If you had bought $1,000 worth of Northeast Bank stocks at the start of February 2020, those stocks would have been worth $525.15 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,460.07.

Northeast Bank stock price

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

Northeast Bank stocks at a glance

Information last updated 2021-07-29.
Latest market close$29.36
52-week range$17.1889 - $30.86
50-day moving average $29.5076
200-day moving average $28.1337
Wall St. target price$38
PE ratio 4.2943
Dividend yield $0.04 (0.13%)
Earnings per share (TTM) $7.347

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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.

Northeast Bank price performance over time

Historical closes compared with the last close of $29.36

1 month (2021-06-30) -1.71%
3 months (2021-04-30) 4.22%

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 stocks 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 stocks or simply that they're under-valued.

Northeast Bank financials

Revenue TTM USD$127.1 million
Operating margin TTM 68.75%
Gross profit TTM USD$73.7 million
Return on assets TTM 4.17%
Return on equity TTM 32.6%
Profit margin 48.26%
Book value $25.988
Market capitalisation USD$264.7 million

TTM: trailing 12 months

How to short and sell Northeast Bank stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "NBN.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 26,035 Northeast Bank stocks held short by investors – that's known as Northeast Bank's "short interest". This figure is 4.1% down from 27,143 last month.

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

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

Northeast Bank's "short interest ratio" (SIR) is the quantity of Northeast Bank stocks currently shorted divided by the average quantity of Northeast Bank stocks traded daily (recently around 108479.16666667). Northeast Bank's SIR currently stands at 0.24. In other words for every 100,000 Northeast Bank stocks traded daily on the market, roughly 240 stocks are currently held short.

However Northeast Bank's short interest can also be evaluated against the total number of Northeast Bank stocks, or, against the total number of tradable Northeast Bank stocks (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 stocks (for every 100,000 Northeast Bank stocks in existence, roughly 0 stocks are currently held short) or 0.0039% of the tradable stocks (for every 100,000 tradable Northeast Bank stocks, roughly 4 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Northeast Bank.

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

Northeast Bank stock dividends

1%

Dividend payout ratio: 0.55% of net profits

Recently Northeast Bank has paid out, on average, around 0.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.13% 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 0.13% 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 19 May 2021. The latest dividend was paid out to all shareholders who bought their stocks by 4 May 2021 (the "ex-dividend date").

Have Northeast Bank stocks ever split?

Northeast Bank stocks 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 stocks – just the quantity. However, indirectly, the new 33.3% lower stock price could have impacted the market appetite for Northeast Bank stocks which in turn could have impacted Northeast Bank's stock price.

Northeast Bank stock price volatility

Over the last 12 months, Northeast Bank's stocks have ranged in value from as little as $17.1889 up to $30.86. A popular way to gauge a stock's volatility is its "beta".

NBN.US volatility(beta: 1.72)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Northeast Bank's is 1.7182. This would suggest that Northeast Bank's stocks 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 personal and business banking services in Maine, the United States. 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

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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