BCB Bancorp (NASDAQ:BCBP) Stock, Quote.Headers.trade-ideas

BCB Bancorp

BCB Bancorp Inc is a bank holding company. The company offers loans, including commercial and multi-family real estate loans, home equity loans, construction loans, consumer loans, and commercial business loans; FDIC-insured deposit products, such as savings and club accounts, interest and non-interest bearing demand accounts, money market accounts, certificates of deposit and individual retirement accounts, and retail and commercial banking services, including wire transfers, money orders, safe deposit boxes, a night depository, debit cards, online banking, gift cards, fraud detection, and automated teller services.

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BCB Bancorp (NASDAQ: BCBP) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.

BCB Bancorp Q3 Earnings And Revenues Surpass Estimates

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Pre-Market Outlook

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Although US stocks closed slightly higher on Friday, there were a few notable insider trades.

$1.7M Bet On This Healthcare Stock? Check Out These 3 Stocks Insiders Are Buying

BCB Bancorp Inc

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell maintains BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Market Perform and raises the price target from $13.25 to $13.5.

Price Target

Analyst Ratings

Keefe, Bruyette & Woods Maintains Market Perform on BCB Bancorp, Raises Price Target to $13.5

BCB Bancorp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcbp#NASDAQ">BCBP</a>) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this community bank would post earnings of $0.30 per share when it actually produced earnings of $0.14, delivering a surprise of -53.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
BCB Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $26.17 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.49%. This compares to year-ago revenues of $27.09 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
BCB Bancorp shares have added about 3.5% since the beginning of the year versus the S&amp;P 500&#39;s gain of 22.5%.
<h3>What&#39;s Next For BCB Bancorp?</h3>
While BCB Bancorp has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this <a href="https://www.zacks.com/stock/research/BCBP/earnings-calendar" target="_blank">earnings release</a>, the estimate revisions trend for BCB Bancorp: favorable. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.34 on $25.39 million in revenues for the coming quarter and $1.32 on $101.44 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Carter Bankshares, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/care#NASDAQ">CARE</a>), is yet to report results for the quarter ended September 2024.
This company is expected to post quarterly earnings of $0.23 per share in its upcoming report, which represents a year-over-year change of +15%. The consensus EPS estimate for the quarter has been revised 7.1% lower over the last 30 days to the current level.
Carter Bankshares, Inc.&#39;s revenues are expected to be $35.5 million, up 8.7% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2353100/bcb-bancorp-bcbp-q3-earnings-and-revenues-surpass-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2353100">To read this article on Zacks.com click here.</a>

BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.32 by 12.5 percent. The company reported quarterly sales of $26.172 million which beat the analyst consensus estimate of $25.093 million by 4.30 percent. This is a 3.37 percent decrease over sales of $27.086 million the same period last year.

Earnings Beats

BCB Bancorp Q3 2024 GAAP EPS $0.36 Beats $0.32 Estimate, Sales $26.172M Beat $25.093M Estimate

Piper Sandler analyst Justin Crowley maintains BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Neutral and raises the price target from $11.5 to $14.

Piper Sandler Maintains Neutral on BCB Bancorp, Raises Price Target to $14

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell maintains BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Market Perform and raises the price target from $12 to $13.

Keefe, Bruyette & Woods Maintains Market Perform on BCB Bancorp, Raises Price Target to $13

BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) reported quarterly earnings of $0.14 per share which missed the analyst consensus estimate of $0.30 by 53.33 percent.
 &nbsp;

BCB Bancorp Q2 2024 Adj EPS $0.14 Misses $0.30 Estimate

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell maintains BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Market Perform and lowers the price target from $14 to $12.

Keefe, Bruyette & Woods Maintains Market Perform on BCB Bancorp, Lowers Price Target to $12

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Albertsons Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACI#NYSE">ACI</a>) to report quarterly earnings at 52 cents per share on revenue of $18.47 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Albertsons shares rose 0.5% to $20.45 in after-hours trading.
Smartsheet Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMAR#NYSE">SMAR</a>) disclosed a $150 million share repurchase program. Smartsheet shares fell 1.7% to close at $36.80 on Friday.
Analysts are expecting Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) to post quarterly earnings at $3.65 per share on revenue of $8.26 billion. The company will release earnings after the markets close. Nucor shares fell 0.01% to $191.34 in after-hours trading.
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
BCB Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) reported downbeat earnings for its first quarter. The company posted quarterly GAAP earnings of 32 cents per share, missing market expectations of 34 cents per share, according to data from Benzinga Pro. BCB Bancorp shares fell 0.2% to $9.95 in the after-hours trading session.
Analysts expect Zions Bancorporation, National Association (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>) to post quarterly earnings at 98 cents per share on revenue of $743.48 million before the opening bell. Zions Bancorporation shares fell 0.6% to $39.70 in after-hours trading.
Check This Out: <a href="https://www.benzinga.com/24/04/38333549/jim-cramer-is-willing-to-let-this-pharma-stock-catch-fire-advises-not-to-sell-mckesson">Jim Cramer Is &#8216;Willing To Let This Pharma Stock Catch Fire,&#8217; Advises Not To Sell McKesson</a>

BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.34 by 5.88 percent.

Earnings Misses

BCB Bancorp Q1 2024 GAAP EPS $0.32 Misses $0.34 Estimate

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BHRB

BXMT

CATC

CNOB

FFBC

FULT

HBAN

HBNC

HLNE

MBCN

METROCITY BANKSHARES INC by MetroCity Bankshares Inc.

MCBS

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MORN

MSCI

PIPR

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SFNC

SMMF

UBSI

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Shares of banking and financial services stocks are trading lower as stocks fall following a greater-than-expected increase in January inflation data.

Thursday marks the last chance for investors to receive the next dividend payout from BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a quarterly dividend of 16 cents per share. On Friday, BCB Bancorp will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 16 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own BCBP as of the end of Thursday's session are eligible to receive the 16 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on February 16, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on BCB Bancorp's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Dividends

BCB Bancorp: Dividend Insights

Piper Sandler analyst Justin Crowley maintains BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Neutral and raises the price target from $13 to $13.5.

Piper Sandler Maintains Neutral on BCB Bancorp, Raises Price Target to $13.5-Report Released on 29 January 2024

BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) reported its Q4 earnings results on Thursday, January 25, 2024 at 08:30 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
BCB Bancorp missed estimated earnings by 5.41%, reporting an EPS of $0.35 versus an estimate of $0.37.
Revenue was down $4.09 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company missed on EPS by $0.11 which was followed by a 2.3% drop in the share price the next day.
Here's a look at BCB Bancorp's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.50</td>
<td>0.54</td>
<td>0.66</td>
<td>0.75</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.39</td>
<td>0.50</td>
<td>0.46</td>
<td>0.69</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>27.96M</td>
<td>29.22M</td>
<td>32.51M</td>
<td>34.10M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>27.09M</td>
<td>28.11M</td>
<td>25.81M</td>
<td>31.24M</td>
</tr>
</tbody>
</table>

To track all earnings releases for BCB Bancorp <a href="https://www.benzinga.com/quote/BCBP/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BCB Bancorp: Q4 Earnings Insights

BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.37 by 5.41 percent. This is a 49.28 percent decrease over earnings of $0.69 per share from the same period last year. The company reported quarterly sales of $27.15 million which beat the analyst consensus estimate of $26.39 million by 2.87 percent. This is a 13.10 percent decrease over sales of $31.24 million the same period last year.

BCB Bancorp Q4 EPS $0.35 Misses $0.37 Estimate, Sales $27.15M Beat $26.39M Estimate

<a href="https://www.globenewswire.com/Tracker?data=jBz6qUM0lODOv18ae8ebAflAe9gqtCn2ZuGHyG6_i2IjSW8fy2zaHZQEb4077ICOdUHYQ92o6E5ONL982U9w3g==">BCB Bancorp, Inc.</a> (the "Company"), (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>), the holding company for BCB Community Bank (the "Bank" or "BCB")), today announced that Michael A. Shriner has been named President and Chief Executive Officer of BCB Bancorp and BCB Community Bank, effective January 1, 2024. Retiring President and Chief Executive Officer Thomas M. Coughlin, 63, will continue to serve on the Company's Board of Directors. &nbsp;
Mr. Shriner, a 35-year veteran of banking, was formerly President and Chief Executive Officer of Millington, New Jersey-based MSB Financial Corp. and Millington Bank prior to being acquired by Kearny Bank. Under his leadership, he converted Millington Bank from a mutual holding company structure to a fully public institution through a Second Step Conversion. Mr. Shriner joined Millington Bank in 1987 and held various commercial and corporate banking positions, including that of Chief Operating Officer and Board Member prior to his promotion to President and Chief Executive Officer in 2012. Most recently, he held the role of Market President for Kearny Bank, where he transitioned legacy Millington Bank customers to Kearny Bank following the merger acquisition. Mr. Shriner holds an Associate of Arts Degree in Business Administration from the University of New Hampshire and is a Graduate of The National School of Banking, Fairfield University.
"Michael Shriner's success in leading a growing franchise will most certainly be an asset to our management team as BCB continues to expand," said Mr. Mark D. Hogan, Chairman of the Board. "His knowledge of banking, finance, credit administration and risk management is exceptional. Michael has an established record of building a high-performance banking culture and results-driven profitability management. The Board and management are excited about the expertise, energy and professionalism that Michael brings to our organization."
"BCB is committed to providing superior banking services to businesses and individuals in the community. I am excited to join and lead a team of professionals that delivers that commitment," said Mr. Shriner. "I am confident we are building a great team that is capable of growing our business banking model and maximizing shareholder returns as we capitalize on opportunities taking place within the banking industry."
Mr. Coughlin has been with the Bank since its inception, most recently serving as President and Chief Executive Officer of BCB Community Bank and BCB Bancorp since 2014. Believing that Bayonne was underserved by community banks, Mr. Coughlin, along with the support of local investors, founded Bayonne Community Bank in 2000.
"Tom Coughlin's leadership and dedication are evident in the success BCB has experienced during his tenure," said Mr. Hogan. "On behalf of the Board of Directors, I want to express our sincere appreciation to Tom for the leadership and guidance that he has provided."
"It is an honor to have served BCB for almost 23 years," said Mr. Coughlin. "Throughout my career, I have been fortunate to work with an outstanding group of banking professionals, and I am extremely proud of what we have accomplished together. BCB Bank has always maintained a strong commitment to serve our customers, communities, shareholders and employees."

Management

BCB Bancorp, Inc. Names Michael A. Shriner President And Chief Executive Officer, Effective January 1, 2024

BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) reported quarterly earnings of $0.39 per share which missed the analyst consensus estimate of $0.50 by 22 percent. This is a 48.68 percent decrease over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $27.09 million which missed the analyst consensus estimate of $27.96 million by 3.13 percent. This is a 16.39 percent decrease over sales of $32.40 million the same period last year.

BCB Bancorp Q3 EPS $0.39 Misses $0.50 Estimate, Sales $27.09M Miss $27.96M Estimate

By the end of today, September 15, 2023, Northrim BanCorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRIM#NASDAQ">NRIM</a>) is set to deliver a dividend payout of $0.60 per share, equating to an annualized dividend yield of 5.62%. Shareholders who owned the stock prior to the ex-dividend date on September 06, 2023 will receive this payout.
<h3>Northrim BanCorp Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th align="right">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-09-06</td>
<td align="right">4</td>
<td>$0.6</td>
<td>5.62%</td>
<td>2023-08-25</td>
<td>2023-09-07</td>
<td>2023-09-15</td>
</tr>
<tr>
<td>2023-06-07</td>
<td align="right">4</td>
<td>$0.6</td>
<td>6.19%</td>
<td>2023-05-26</td>
<td>2023-06-08</td>
<td>2023-06-16</td>
</tr>
<tr>
<td>2023-03-08</td>
<td align="right">4</td>
<td>$0.6</td>
<td>4.57%</td>
<td>2023-02-24</td>
<td>2023-03-09</td>
<td>2023-03-17</td>
</tr>
<tr>
<td>2022-12-14</td>
<td align="right">4</td>
<td>$0.5</td>
<td>3.58%</td>
<td>2022-12-02</td>
<td>2022-12-15</td>
<td>2022-12-23</td>
</tr>
<tr>
<td>2022-09-07</td>
<td align="right">4</td>
<td>$0.5</td>
<td>4.94%</td>
<td>2022-08-26</td>
<td>2022-09-08</td>
<td>2022-09-16</td>
</tr>
<tr>
<td>2022-06-08</td>
<td align="right">4</td>
<td>$0.41</td>
<td>3.94%</td>
<td>2022-05-27</td>
<td>2022-06-09</td>
<td>2022-06-17</td>
</tr>
<tr>
<td>2022-03-09</td>
<td align="right">4</td>
<td>$0.41</td>
<td>3.95%</td>
<td>2022-02-25</td>
<td>2022-03-10</td>
<td>2022-03-18</td>
</tr>
<tr>
<td>2021-12-15</td>
<td align="right">4</td>
<td>$0.38</td>
<td>3.43%</td>
<td>2021-12-03</td>
<td>2021-12-16</td>
<td>2021-12-23</td>
</tr>
<tr>
<td>2021-09-08</td>
<td align="right">4</td>
<td>$0.38</td>
<td>3.74%</td>
<td>2021-08-27</td>
<td>2021-09-09</td>
<td>2021-09-17</td>
</tr>
<tr>
<td>2021-06-09</td>
<td align="right">4</td>
<td>$0.37</td>
<td>3.43%</td>
<td>2021-05-28</td>
<td>2021-06-10</td>
<td>2021-06-18</td>
</tr>
<tr>
<td>2021-03-10</td>
<td align="right">4</td>
<td>$0.37</td>
<td>4.05%</td>
<td>2021-02-26</td>
<td>2021-03-11</td>
<td>2021-03-19</td>
</tr>
<tr>
<td>2020-12-16</td>
<td align="right">4</td>
<td>$0.35</td>
<td>4.34%</td>
<td>2020-12-04</td>
<td>2020-12-17</td>
<td>2020-12-24</td>
</tr>
</tbody>
</table>
Northrim BanCorp is the leader in terms of dividend yield compared to its industry peers, with BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) having the highest annualized dividend yield at 5.33%.
<h3>Analyzing Northrim BanCorp Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1694790327_0.png" alt="dividend chart graph" />
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $1.26 in 2019 to $1.82 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
<h3>YoY Earnings Growth For Northrim BanCorp</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1694790327_1.png" alt="earning chart graph" />
The earnings chart illustrates an increase in Northrim BanCorp's earnings per share, from $3.04 in 2019 to $5.10 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
<h3>Recap</h3>
This article takes an in-depth look at Northrim BanCorp's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.60 per share today, translating to an annualized dividend yield of 5.62%.
Northrim BanCorp is the leader in terms of dividend yield compared to its industry peers, with BCB Bancorp having the highest annualized dividend yield at 5.33%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Northrim BanCorp appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[Click here](<a href="https://www.benzinga.com/stock//dividends" title="https://www.benzinga.com/stock//dividends">https://www.benzinga.com/stock//dividends</a>) to find details on Northrim BanCorp's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

NRIM

Northrim BanCorp Exceeds Expectations with Strong Performance, Driving Profits and Rewarding Investors

<h3>Upgrades</h3>
Goldman Sachs upgraded the previous rating for PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) from Neutral to Buy. PDD Holdings earned $1.44 in the second quarter, compared to $1.13 in the year-ago quarter. The current stock performance of PDD Holdings shows a 52-week-high of $106.38 and a 52-week-low of $38.80. Moreover, at the end of the last trading period, the closing price was at $93.22. 
For UDR Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UDR#NYSE">UDR</a>), Scotiabank upgraded the previous rating of Sector Perform to Sector Outperform. For the second quarter, UDR had an EPS of $0.61, compared to year-ago quarter EPS of $0.57. The current stock performance of UDR shows a 52-week-high of $48.31 and a 52-week-low of $37.18. Moreover, at the end of the last trading period, the closing price was at $39.76. 
For Sunrun Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>), Citigroup upgraded the previous rating of Neutral to Buy. In the second quarter, Sunrun showed an EPS of $0.25, compared to $0.06 from the year-ago quarter. The stock has a 52-week-high of $39.10 and a 52-week-low of $13.30. At the end of the last trading period, Sunrun closed at $15.16. 
Compass Point upgraded the previous rating for Hercules Capital Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HTGC#NYSE">HTGC</a>) from Neutral to Buy. In the second quarter, Hercules Capital showed an EPS of $0.53, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $18.05 and a 52-week-low of $10.94. Hercules Capital closed at $16.33 at the end of the last trading period. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
<h3>Downgrades</h3>
Craig-Hallum downgraded the previous rating for Box Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) from Buy to Hold. In the second quarter, Box showed an EPS of $0.36, compared to $0.28 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.98 and a 52-week-low of $24.01. Box closed at $30.80 at the end of the last trading period. 
TD Cowen downgraded the previous rating for Ambarella Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMBA#NASDAQ">AMBA</a>) from Outperform to Market Perform. For the second quarter, Ambarella had an EPS of $0.15, compared to year-ago quarter EPS of $0.20. At the moment, the stock has a 52-week-high of $99.86 and a 52-week-low of $49.02. Ambarella closed at $75.78 at the end of the last trading period. 
According to Wells Fargo, the prior rating for Highwoods Properties Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIW#NYSE">HIW</a>) was changed from Overweight to Equal-Weight. In the second quarter, Highwoods Props showed an EPS of $0.94, compared to $1.00 from the year-ago quarter. The current stock performance of Highwoods Props shows a 52-week-high of $31.96 and a 52-week-low of $19.45. Moreover, at the end of the last trading period, the closing price was at $23.98. 
Macquarie downgraded the previous rating for Peloton Interactive Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>) from Outperform to Neutral. For the fourth quarter, Peloton Interactive had an EPS of $0.68, compared to year-ago quarter EPS of $1.32. At the moment, the stock has a 52-week-high of $17.83 and a 52-week-low of $5.05. Peloton Interactive closed at $6.08 at the end of the last trading period. 
Itau BBA downgraded the previous rating for BanColombia SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIB#NYSE">CIB</a>) from Outperform to Market Perform. BanColombia earned $1.37 in the second quarter, compared to $1.78 in the year-ago quarter. At the moment, the stock has a 52-week-high of $30.89 and a 52-week-low of $21.55. BanColombia closed at $27.63 at the end of the last trading period. 
For Centene Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. In the second quarter, Centene showed an EPS of $2.10, compared to $1.77 from the year-ago quarter. The stock has a 52-week-high of $93.56 and a 52-week-low of $61.34. At the end of the last trading period, Centene closed at $64.44. 
According to Bernstein, the prior rating for Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) was changed from Market Perform to Underperform. Texas Instruments earned $1.87 in the second quarter, compared to $2.45 in the year-ago quarter. The current stock performance of Texas Instruments shows a 52-week-high of $188.12 and a 52-week-low of $145.98. Moreover, at the end of the last trading period, the closing price was at $170.69. 
According to SVB Leerink, the prior rating for Abcam PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABCM#NASDAQ">ABCM</a>) was changed from Outperform to Market Perform. NoneThe current stock performance of Abcam shows a 52-week-high of $25.32 and a 52-week-low of $12.48. Moreover, at the end of the last trading period, the closing price was at $22.67. 
According to TD Cowen, the prior rating for Thorne HealthTech Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THRN#NASDAQ">THRN</a>) was changed from Outperform to Market Perform. Thorne HealthTech earned $0.15 in the second quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $10.14 and a 52-week-low of $3.46. At the end of the last trading period, Thorne HealthTech closed at $10.09. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
<h3>Initiations</h3>
Janney Montgomery Scott initiated coverage on BCB Bancorp Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Buy rating. BCB Bancorp earned $0.50 in the second quarter, compared to $0.58 in the year-ago quarter. The stock has a 52-week-high of $20.17 and a 52-week-low of $9.97. At the end of the last trading period, BCB Bancorp closed at $11.45. 
Janney Montgomery Scott initiated coverage on Macatawa Bank Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCBC#NASDAQ">MCBC</a>) with a Buy rating. The price target for Macatawa Bank is set to $11.00. Macatawa Bank earned $0.30 in the second quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $11.84 and a 52-week-low of $6.96. At the end of the last trading period, Macatawa Bank closed at $9.13. 
Citigroup initiated coverage on Cognex Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGNX#NASDAQ">CGNX</a>) with a Neutral rating. The price target for Cognex is set to $52.00. Cognex earned $0.32 in the second quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $59.51 and a 52-week-low of $40.25. Cognex closed at $47.84 at the end of the last trading period. 
B. Riley Securities initiated coverage on AZZ Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) with a Buy rating. The price target for AZZ is set to $64.00. In the first quarter, AZZ showed an EPS of $1.14, compared to $1.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $49.76 and a 52-week-low of $30.24. AZZ closed at $49.68 at the end of the last trading period. 
Evercore ISI Group initiated coverage on Gulfport Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPOR#NYSE">GPOR</a>) with an Outperform rating. The price target for Gulfport Energy is set to $135.00. In the second quarter, Gulfport Energy showed an EPS of $2.66, compared to $5.09 from the year-ago quarter. The current stock performance of Gulfport Energy shows a 52-week-high of $116.04 and a 52-week-low of $60.15. Moreover, at the end of the last trading period, the closing price was at $114.60. 
HSBC initiated coverage on Align Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) with a Buy rating. The price target for Align Tech is set to $450.00. In the second quarter, Align Tech showed an EPS of $2.22, compared to $2.00 from the year-ago quarter. The stock has a 52-week-high of $413.20 and a 52-week-low of $172.29. At the end of the last trading period, Align Tech closed at $367.62. 
Barclays initiated coverage on Stem Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) with a Equal-Weight rating. The price target for Stem is set to $6.00. For the second quarter, Stem had an EPS of $0.26, compared to year-ago quarter EPS of $0.21. At the moment, the stock has a 52-week-high of $18.01 and a 52-week-low of $3.71. Stem closed at $5.44 at the end of the last trading period. 
With an Overweight rating, Barclays initiated coverage on Fluence Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNC#NASDAQ">FLNC</a>). The price target seems to have been set at $31.00 for Fluence Energy. For the third quarter, Fluence Energy had an EPS of $0.20, compared to year-ago quarter EPS of $0.86. The stock has a 52-week-high of $31.32 and a 52-week-low of $11.91. At the end of the last trading period, Fluence Energy closed at $26.07. 
Morgan Stanley initiated coverage on Atour Lifestyle Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATAT#NASDAQ">ATAT</a>) with an Overweight rating. The price target for Atour Lifestyle Holdings is set to $36.00. The current stock performance of Atour Lifestyle Holdings shows a 52-week-high of $29.40 and a 52-week-low of $11.05. Moreover, at the end of the last trading period, the closing price was at $19.78. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings initiations.</a>

Upgrades

Downgrades

Initiation

Intraday Update

ABCM

ALGN

AMBA

ATAT

CGNX

FLNC

GPOR

HTGC

MCBC

Citigourp Global Markets 2% Protected Notes Linked To The Djia

PTON

STEM

THRN

Benzinga's Top Ratings Upgrades, Downgrades For August 30, 2023

Janney Montgomery Scott analyst Christopher Marinac initiates coverage on BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Buy rating.

Janney Montgomery Scott Initiates Coverage On BCB Bancorp with Buy Rating

At the end of today, August 24, 2023, Bankwell Finl Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWFG#NASDAQ">BWFG</a>) will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 3.05%. Shareholders who held the stock before the ex-dividend date on August 11, 2023 will benefit from this payout.
<h3>Bankwell Finl Gr Recent Dividend Payouts</h3>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th align="right">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-08-11</td>
<td align="right">4</td>
<td>$0.2</td>
<td>3.05%</td>
<td>2023-07-26</td>
<td>2023-08-14</td>
<td>2023-08-24</td>
</tr>
<tr>
<td>2023-05-11</td>
<td align="right">4</td>
<td>$0.2</td>
<td>3.48%</td>
<td>2023-04-26</td>
<td>2023-05-12</td>
<td>2023-05-23</td>
</tr>
<tr>
<td>2023-02-10</td>
<td align="right">4</td>
<td>$0.2</td>
<td>2.68%</td>
<td>2023-01-25</td>
<td>2023-02-13</td>
<td>2023-02-23</td>
</tr>
<tr>
<td>2022-11-09</td>
<td align="right">4</td>
<td>$0.2</td>
<td>2.74%</td>
<td>2022-10-26</td>
<td>2022-11-11</td>
<td>2022-11-21</td>
</tr>
<tr>
<td>2022-08-12</td>
<td align="right">4</td>
<td>$0.2</td>
<td>2.51%</td>
<td>2022-07-27</td>
<td>2022-08-15</td>
<td>2022-08-25</td>
</tr>
<tr>
<td>2022-05-12</td>
<td align="right">4</td>
<td>$0.2</td>
<td>2.42%</td>
<td>2022-04-27</td>
<td>2022-05-13</td>
<td>2022-05-23</td>
</tr>
<tr>
<td>2022-02-11</td>
<td align="right">4</td>
<td>$0.2</td>
<td>2.44%</td>
<td>2022-01-26</td>
<td>2022-02-14</td>
<td>2022-02-24</td>
</tr>
<tr>
<td>2021-11-10</td>
<td align="right">4</td>
<td>$0.18</td>
<td>2.41%</td>
<td>2021-10-27</td>
<td>2021-11-12</td>
<td>2021-11-22</td>
</tr>
<tr>
<td>2021-08-13</td>
<td align="right">4</td>
<td>$0.18</td>
<td>2.58%</td>
<td>2021-07-28</td>
<td>2021-08-16</td>
<td>2021-08-26</td>
</tr>
<tr>
<td>2021-05-13</td>
<td align="right">4</td>
<td>$0.14</td>
<td>2.03%</td>
<td>2021-04-28</td>
<td>2021-05-14</td>
<td>2021-05-24</td>
</tr>
<tr>
<td>2021-02-11</td>
<td align="right">4</td>
<td>$0.14</td>
<td>2.8%</td>
<td>2021-01-27</td>
<td>2021-02-15</td>
<td>2021-02-25</td>
</tr>
<tr>
<td>2020-11-12</td>
<td align="right">4</td>
<td>$0.14</td>
<td>3.53%</td>
<td>2020-10-28</td>
<td>2020-11-13</td>
<td>2020-11-23</td>
</tr>
</tbody>
</table>
With a dividend yield that places it neither at the top nor the bottom, Bankwell Finl Gr finds itself in the middle among its industry peers, while BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) boasts the highest annualized dividend yield at 5.60%.
<h3>Analyzing Bankwell Finl Gr Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1692889553_0.png" alt="dividend chart graph" />
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.52 in 2019 to $0.80 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
<h3>YoY Earnings Growth For Bankwell Finl Gr</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1692889553_1.png" alt="earning chart graph" />
From 2019 to 2022, Bankwell Finl Gr experienced a growth in earnings per share, with an increase from $2.47 to $4.76. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
<h3>Recap</h3>
This article takes an in-depth look at Bankwell Finl Gr's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.20 per share today, translating to an annualized dividend yield of 3.05%.
With a dividend yield that places it neither at the top nor the bottom, Bankwell Finl Gr finds itself in the middle among its industry peers, while BCB Bancorp boasts the highest annualized dividend yield at 5.60%.
With an increase in dividend per share and earnings per share from 2019 to 2022, Bankwell Finl Gr demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[Click here](<a href="https://www.benzinga.com/stock//dividends" title="https://www.benzinga.com/stock//dividends">https://www.benzinga.com/stock//dividends</a>) to find details on Bankwell Finl Gr's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BWFG

Bankwell Finl Gr Delivers Strong Performance and Growing Profits, Elevating Investor Returns

BCB Bancorp declares $0.16 dividend

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
BCB Bancorp (NASDAQ:<a href="https://investorplace.com/stock-quotes/bcbp-stock-quote/">BCBP</a>) just reported results for the second quarter of 2024.<ul><li>BCB Bancorp reported earnings per share of 14 cents. This was below the analyst estimate for EPS of 30 cents.</li><li>The company reported revenue of $20.41 million.</li><li>This was 17.56% worse than the analyst estimate for revenue of $24.75 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/07/bcbp-stock-earnings-bcb-bancorp-for-q2-of-2024/">BCBP Stock Earnings: BCB Bancorp Misses EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

BCBP Stock Earnings: BCB Bancorp Misses EPS, Misses Revenue for Q2 2024

BCB Bancorp GAAP EPS of $0.14 misses by $0.16, revenue of $20.41M misses by $4.34M

KBW Issues a Hold Rating on BCB Bancorp (BCBP)

Warning: BCBP is at high risk of performing badly

BCB Bancorp: Over 5% Dividend Yield And Earnings Likely To Recover Soon

BCB Bancorp GAAP EPS of $0.36 beats by $0.04, revenue of $26.17M beats by $1.08M

In a report released today, Christopher Marinac from Janney Montgomery maintained a Buy rating on BCB Bancorp (BCBP – Research Report), with a pric...

Janney Montgomery Sticks to Their Buy Rating for BCB Bancorp (BCBP)

BCB Bancorp Appears Undervalued With A Dividend Yield Of Over 5%

Press Releases

BCB Bancorp, Inc. Earns $6.1 Million in Fourth Quarter 2023; Reports $0.35 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

BCB Bancorp, Inc. Earns $5.9 Million in First Quarter 2024; Reports $0.32 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

Tara L. French Elected to BCB Bancorp, Inc. and BCB Community Bank Boards of Directors

BCB Bancorp, Inc. and BCB Community Bank Elect Raymond J. Vanaria to its Boards of Directors

BCB Bancorp, Inc. Earns $2.8 Million in Second Quarter 2024; Reports $0.14 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

Financing

BCB Bancorp, Inc. Completes Private Placement of $40.0 Million of Subordinated Notes

BCB Bancorp, Inc. Earns $6.7 Million in Third Quarter 2024; Reports $0.36 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

BCB Bancorp, Inc. Announces Extension of Exchange Offer for its 9.25% Fixed-to-Floating Rate Subordinated Notes Due 2034

BCB Bancorp, Inc. and BCB Community Bank Elect Michael J. Widmer to its Boards of Directors

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