BCB Bancorp, Inc. (NASDAQ:BCBP) has been given a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.

Brokers have set a one year consensus target price of $15.00 for the company and are anticipating that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also given BCB Bancorp an industry rank of 180 out of 256 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of First Midwest Bancorp from a “sell” rating to a “hold” rating in a research report on Monday.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new stake in BCB Bancorp in the 1st quarter worth approximately $25,000. BNP Paribas Arbitrage SA grew its position in BCB Bancorp by 405.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,918 shares of the bank’s stock worth $39,000 after purchasing an additional 2,341 shares during the period. Citigroup Inc. grew its position in BCB Bancorp by 24.6% in the 4th quarter. Citigroup Inc. now owns 4,640 shares of the bank’s stock worth $48,000 after purchasing an additional 916 shares during the period. SG Americas Securities LLC bought a new stake in BCB Bancorp in the 1st quarter worth approximately $111,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in BCB Bancorp in the 1st quarter worth approximately $127,000. 28.28% of the stock is owned by institutional investors.

Shares of BCBP traded down $0.01 on Monday, hitting $12.95. 7,998 shares of the stock traded hands, compared to its average volume of 23,669. The stock has a market cap of $212.52 million, a P/E ratio of 12.82, a PEG ratio of 1.09 and a beta of 0.77. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a 50 day simple moving average of $12.80. BCB Bancorp has a one year low of $10.12 and a one year high of $15.15.

BCB Bancorp (NASDAQ:BCBP) last announced its quarterly earnings results on Friday, July 19th. The bank reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.02. The company had revenue of $22.19 million during the quarter, compared to the consensus estimate of $22.73 million. BCB Bancorp had a net margin of 16.31% and a return on equity of 11.26%. On average, equities research analysts forecast that BCB Bancorp will post 1.19 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Friday, August 9th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Thursday, August 8th. BCB Bancorp’s dividend payout ratio (DPR) is currently 55.45%.

BCB Bancorp Company Profile

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank, a state-chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including interest and non-interest bearing demand, NOW, savings and club, money market, term certificate, interest bearing checking, and individual retirement accounts.

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