Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Northrim BanCorp Inc Market Cap
The Northrim BanCorp Inc (NRIM) share price is expected to increase by 4.4% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered NRIM. Price targets range from $90 at the low end to $90 at the high end. The current analyst consensus for NRIM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Northrim BanCorp Inc has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Northrim BanCorp Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of NRIM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Brian Martin Janney Montgomery Scott | Buy | Upgrade | Feb 25, 2022 |
When did it IPO
1993
Staff Count
472
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Michael G. Huston
Market Cap
$474.3M
In 2023, NRIM generated $129.6M in revenue, which was a increase of 0.34% from the previous year. This can be seen as a signal that NRIM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 06 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Northrim BanCorp (NASDAQ: NRIM) declared a quarterly cash dividend of $0.62 per share, payable on December 27, 2024, to shareholders of record on December 19, 2024.
Why It Matters - Northrim BanCorp's quarterly dividend of $0.62 signals financial stability and shareholder value, potentially attracting income-focused investors and impacting stock performance.
Fri, 06 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Northrim BanCorp, Inc. (NASDAQ: NRIM) has appointed Shauna Hegna to its Board of Directors as of December 6, 2024.
Why It Matters - Shauna Hegna's appointment to Northrim BanCorp's Board may signal strategic shifts or governance changes, potentially impacting the company's performance and investor confidence.
Mon, 02 Dec 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Northrim (NRIM) is highlighted as a strong stock candidate, having recently passed a "Recent Price Strength" screening, indicating potential for continued upward momentum.
Why It Matters - Northrim (NRIM) shows strong price momentum, indicating potential for continued growth, appealing to investors seeking upward-trending stocks.
Thu, 14 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Northrim (NRIM) shares are gaining traction, with recent solid earnings estimate revisions suggesting potential for continued upward movement.
Why It Matters - Positive earnings estimate revisions for Northrim suggest improved financial performance, potentially boosting investor confidence and driving share prices higher.
Thu, 14 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Northrim (NRIM) has received a Zacks Rank #1 (Strong Buy), indicating increased optimism regarding its earnings prospects, which may lead to a rise in the stock price.
Why It Matters - Northrim's upgrade to a Zacks Rank #1 indicates strong earnings potential, likely boosting investor confidence and driving the stock price up.
Thu, 14 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Northrim (NRIM) is highlighted as a potential option for shorter-term investors, having passed a trading strategy screen and showing a favorable price trend.
Why It Matters - Northrim's recent price trend and strong fundamentals indicate potential for short-term gains, making it an attractive option for traders seeking quick returns.
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