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FMAO Stock Forecast 2026-2027
$25.29
Current Price
$341.82M
Market Cap
Buy 0
Hold 3
Sell 0
Wall St Analyst Ratings
Distance to FMAO Price Targets
+14.7%
To High Target of $29.00
+2.8%
To Median Target of $26.00
+2.8%
To Low Target of $26.00
FMAO Price Momentum
+0.5%
1 Week Change
-8.7%
1 Month Change
-7.4%
1 Year Change
+2.3%
Year-to-Date Change
-12.7%
From 52W High of $28.97
+21.1%
From 52W Low of $20.88
📊 TOP ANALYST CALLS
Did FMAO Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Farmers & Merchants is one of their latest high-conviction picks.
Latest FMAO Stock Price Targets & Analyst Predictions
Based on our analysis of 6 Wall Street analysts, FMAO has a neutral consensus with a median price target of $26.00 (ranging from $26.00 to $29.00). The overall analyst rating is Buy (6.0/10). Currently trading at $25.29, the median forecast implies a 2.8% upside. This outlook is supported by 0 Buy, 3 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Terry McEvoy at Stephens & Co., projecting a 14.7% upside. Conversely, the most conservative target is provided by Justin Crowley at Piper Sandler, suggesting a 2.8% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
FMAO Analyst Ratings
0
Buy
3
Hold
0
Sell
FMAO Price Target Range
Low
$26.00
Average
$26.00
High
$29.00
Current: $25.29
Latest FMAO Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for FMAO.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 5, 2024 | Piper Sandler | Justin Crowley | Neutral | Maintains | $26.00 |
| Jun 12, 2024 | Piper Sandler | Justin Crowley | Neutral | Assumes | $24.00 |
| Apr 5, 2024 | Hovde Group | Brendan Nosal | Market Perform | Initiates | $N/A |
| Aug 1, 2023 | Stephens & Co. | Terry McEvoy | Equal-Weight | Reiterates | $24.00 |
| Jul 28, 2023 | Piper Sandler | Brendan Nosal | Underweight | Downgrade | $23.50 |
| Feb 9, 2023 | Stephens & Co. | Terry McEvoy | Equal-Weight | Maintains | $29.00 |
| Dec 21, 2022 | Janney Montgomery Scott | Daniel Cardenas | Neutral | Initiates | $30.00 |
| Oct 24, 2022 | Stephens & Co. | Terry McEvoy | Equal-Weight | Maintains | $29.00 |
| Oct 21, 2022 | Piper Sandler | Brendan Nosal | Neutral | Upgrade | $27.00 |
| Apr 22, 2022 | Piper Sandler | Nicholas Cucharale | Underweight | Downgrade | $41.00 |
| Oct 9, 2020 | Stephens & Co. | Equal-Weight | Initiates | $N/A | |
| Sep 29, 2020 | Piper Sandler | Neutral | Maintains | $21.50 | |
| Jul 23, 2020 | Piper Sandler | Neutral | Maintains | $23.50 | |
| Oct 2, 2019 | Sandler O'Neill | Hold | Initiates | $N/A | |
| Oct 2, 2019 | Piper Sandler | Hold | Initiates | $N/A |
Farmers & Merchants Bancorp Inc. (FMAO) Competitors
The following stocks are similar to Farmers & Merchants based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
FMAO
Farmers & Merchants
mkt cap
346.22M
Farmers & Merchants Bancorp Inc. (FMAO) Financial Data
Farmers & Merchants Bancorp Inc. has a market capitalization of $341.82M with a P/E ratio of 10.7x. The company generates $114.07M in trailing twelve-month revenue with a 28.0% profit margin.
Revenue growth is +21.3% quarter-over-quarter, while maintaining an operating margin of +41.0% and return on equity of +9.2%.
Valuation Metrics
Market Cap
$341.82M
Enterprise Value
$466.62M
P/E Ratio
10.7x
PEG Ratio
0.3x
Price/Sales
3.0x
Growth & Margins
Revenue Growth (YoY)
+21.3%
Gross Margin
N/A
Operating Margin
+41.0%
Net Margin
+28.0%
EPS Growth
+35.9%
Financial Health
Cash/Price Ratio
+34.5%
Current Ratio
N/A
Debt/Equity
0.7x
ROE
+9.2%
ROA
+0.9%
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Farmers & Merchants Bancorp Inc. (FMAO) Business Model
About Farmers & Merchants Bancorp Inc.
What They Do
Provides community-focused banking services.
Business Model
The company operates as a bank holding company, generating revenue through personal and commercial banking services such as checking and savings accounts, loans, and mortgage services. It serves local businesses and residents primarily in Ohio and Indiana, focusing on personalized customer service and community engagement.
Additional Information
Farmers & Merchants Bancorp plays a significant role in supporting local economies, particularly in sectors like agriculture, retail, and small to medium-sized businesses. Its commitment to community engagement and financial stability positions it as a reliable financial partner for regional growth.
Company Information
Sector
Financial Services
Industry
Banks - Regional
Employees
476
CEO
Mr. Lars B. Eller
Country
United States
IPO Year
2006
Website
www.fm.bankFarmers & Merchants Bancorp Inc. (FMAO) Latest News & Analysis
Latest News
Quick Summary
The regular quarterly dividend has increased by 4.0% year-over-year to $0.23 per share.
Why It Matters
A 4.0% increase in the quarterly dividend signals strong company performance and a commitment to returning value to shareholders, which can enhance investor confidence and stock demand.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
F&M Bank has promoted Mike Schnitkey to Agri-Finance and Northwest Ohio Market President, effective December 17, 2025. He has been with the bank since 1995.
Why It Matters
The promotion of Mike Schnitkey could indicate a strengthening leadership and focused strategy in agri-finance, potentially enhancing F&M Bank's market position and profitability in the sector.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
TDC, SBFG, FMAO, THFF, and PINE received a Zacks Rank #1 (Strong Buy) designation on November 21, 2025.
Why It Matters
Zacks Rank #1 indicates strong earnings potential, signaling confidence in TDC, SBFG, FMAO, THFF, and PINE, which may attract investors seeking high-performing stocks.
Source: Zacks Investment Research
Market Sentiment:
Positive
Best Income Stocks to Buy for Nov. 21st
1 month ago
Quick Summary
PINE, FMAO, and THFF have been designated as Zacks Rank #1 (Strong Buy) income stocks as of November 21, 2025.
Why It Matters
PINE, FMAO, and THFF receiving a Zacks Rank #1 indicates strong buy ratings, suggesting potential for significant returns and investor confidence in these income stocks.
Source: Zacks Investment Research
Market Sentiment:
Positive
Best Income Stocks to Buy for Nov. 18th
1 month ago
Quick Summary
FMAO, THFF, and ALL received a Zacks Rank #1 (Strong Buy) rating on November 18, 2025, indicating strong potential for income investors.
Why It Matters
FMAO, THFF, and ALL receiving a Zacks Rank #1 indicates strong buy potential, suggesting favorable performance outlooks that may attract investor interest and drive stock prices higher.
Source: Zacks Investment Research
Market Sentiment:
Positive
Best Income Stocks to Buy for Nov. 12
2 months ago
Quick Summary
FMAO, NWG, and SBFG were designated as Zacks Rank #1 (Strong Buy) income stocks on November 12, 2025.
Why It Matters
FMAO, NWG, and SBFG receiving a Zacks Rank #1 indicates strong growth potential and positive earnings outlook, signaling opportunities for investment.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About FMAO Stock
What is Farmers & Merchants Bancorp Inc.'s (FMAO) stock forecast for 2026?
Based on our analysis of 6 Wall Street analysts, Farmers & Merchants Bancorp Inc. (FMAO) has a median price target of $26.00. The highest price target is $29.00 and the lowest is $26.00.
Is FMAO stock a good investment in 2026?
According to current analyst ratings, FMAO has 0 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $25.29. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for FMAO stock?
Wall Street analysts predict FMAO stock could reach $26.00 in the next 12 months. This represents a 2.8% increase from the current price of $25.29. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Farmers & Merchants Bancorp Inc.'s business model?
The company operates as a bank holding company, generating revenue through personal and commercial banking services such as checking and savings accounts, loans, and mortgage services. It serves local businesses and residents primarily in Ohio and Indiana, focusing on personalized customer service and community engagement.
What is the highest forecasted price for FMAO Farmers & Merchants Bancorp Inc.?
The highest price target for FMAO is $29.00 from Terry McEvoy at Stephens & Co., which represents a 14.7% increase from the current price of $25.29.
What is the lowest forecasted price for FMAO Farmers & Merchants Bancorp Inc.?
The lowest price target for FMAO is $26.00 from Justin Crowley at Piper Sandler, which represents a 2.8% increase from the current price of $25.29.
What is the overall FMAO consensus from analysts for Farmers & Merchants Bancorp Inc.?
The overall analyst consensus for FMAO is neutral. Out of 6 Wall Street analysts, 0 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $26.00.
How accurate are FMAO stock price projections?
Stock price projections, including those for Farmers & Merchants Bancorp Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: January 15, 2026 2:57 AM UTC