Northrim Bancorp Stock Buy Hold or Sell Recommendation
| NRIM Stock | USD 88.08 0.42 0.47% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Northrim BanCorp is 'Strong Hold'. The recommendation algorithm takes into account all of Northrim BanCorp's available fundamental, technical, and predictive indicators you will find on this site.
Check out Northrim BanCorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide. Note, we conduct extensive research on individual companies such as Northrim and provide practical buy, sell, or hold advice based on investors' constraints. Northrim BanCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Northrim |
Execute Northrim BanCorp Buy or Sell Advice
The Northrim recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Northrim BanCorp. Macroaxis does not own or have any residual interests in Northrim BanCorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Northrim BanCorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Northrim BanCorp Trading Alerts and Improvement Suggestions
| About 73.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Northrim BanCorp stock soars to all-time high of 85.07 By Investing.com - Investing.com South Africa |
Northrim BanCorp Returns Distribution Density
The distribution of Northrim BanCorp's historical returns is an attempt to chart the uncertainty of Northrim BanCorp's future price movements. The chart of the probability distribution of Northrim BanCorp daily returns describes the distribution of returns around its average expected value. We use Northrim BanCorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Northrim BanCorp returns is essential to provide solid investment advice for Northrim BanCorp.
| Mean Return | 0.54 | Value At Risk | -3.54 | Potential Upside | 4.39 | Standard Deviation | 2.93 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Northrim BanCorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Northrim Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Northrim BanCorp, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Northrim BanCorp back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Bridgeway Capital Management, Llc | 2024-09-30 | 60.5 K | Huber Capital Management Llc | 2024-09-30 | 49.4 K | Northern Trust Corp | 2024-09-30 | 49 K | Bank Of New York Mellon Corp | 2024-06-30 | 47.3 K | Zacks Investment Management Inc | 2024-09-30 | 44.2 K | Elizabeth Park Capital Advisors, Ltd | 2024-09-30 | 40.2 K | Franklin Resources Inc | 2024-09-30 | 38.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 33.8 K | Renaissance Technologies Corp | 2024-09-30 | 32 K | Blackrock Inc | 2024-06-30 | 732.1 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 458.1 K |
Northrim BanCorp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 17.9M | 20.5M | 529.9M | (386.5M) | (140.8M) | (133.8M) | |
| Free Cash Flow | (3.9M) | (39.7M) | 109.5M | 74.3M | 29.2M | 30.7M | |
| Depreciation | 4.1M | 4.3M | 4.5M | 4.3M | 4.5M | 2.4M | |
| Other Non Cash Items | (36.2M) | (69.0M) | 66.0M | 41.5M | (2.0M) | (1.9M) | |
| Capital Expenditures | 3.0M | 3.3M | 2.5M | 3.8M | 6.3M | 3.4M | |
| Net Income | 20.7M | 32.9M | 37.5M | 30.7M | 25.4M | 13.0M | |
| End Period Cash Flow | 95.4M | 116.0M | 645.8M | 259.4M | 118.5M | 97.6M | |
| Dividends Paid | 8.5M | 8.8M | 9.4M | 10.6M | 13.6M | 14.3M | |
| Investments | (70.4M) | (379.0M) | (159.2M) | (402.8M) | (341.0M) | (323.9M) | |
| Change Receivables | 305K | (3.5M) | 1.1M | (3.1M) | (2.8M) | (2.6M) | |
| Net Borrowings | (32.6M) | 5.9M | (309K) | (413K) | (371.7K) | (390.3K) | |
| Change To Netincome | (36.9M) | (74.9M) | 71.0M | 50.9M | 58.6M | 61.5M |
Northrim BanCorp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Northrim BanCorp or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Northrim BanCorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Northrim stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 2.66 | |
σ | Overall volatility | 2.90 | |
Ir | Information ratio | 0.14 |
Northrim BanCorp Volatility Alert
Northrim BanCorp currently demonstrates below-average downside deviation. It has Information Ratio of 0.14 and Jensen Alpha of 0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Northrim BanCorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Northrim BanCorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Northrim BanCorp Fundamentals Vs Peers
Comparing Northrim BanCorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Northrim BanCorp's direct or indirect competition across all of the common fundamentals between Northrim BanCorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Northrim BanCorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Northrim BanCorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Northrim BanCorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Northrim BanCorp to competition |
| Fundamentals | Northrim BanCorp | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0114 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 414.11 M | 16.62 B |
| Shares Outstanding | 5.5 M | 571.82 M |
| Shares Owned By Insiders | 3.32 % | 10.09 % |
| Shares Owned By Institutions | 72.50 % | 39.21 % |
| Number Of Shares Shorted | 49.74 K | 4.71 M |
| Price To Earning | 7.99 X | 28.72 X |
| Price To Book | 1.87 X | 9.51 X |
| Price To Sales | 3.44 X | 11.42 X |
| Revenue | 125.79 M | 9.43 B |
| Gross Profit | 125.34 M | 27.38 B |
| EBITDA | 17 K | 3.9 B |
| Net Income | 25.39 M | 570.98 M |
| Cash And Equivalents | 406.92 M | 2.7 B |
| Cash Per Share | 71.63 X | 5.01 X |
| Total Debt | 33.08 M | 5.32 B |
| Debt To Equity | 0.12 % | 48.70 % |
| Book Value Per Share | 47.27 X | 1.93 K |
| Cash Flow From Operations | 38.92 M | 971.22 M |
| Short Ratio | 2.07 X | 4.00 X |
| Earnings Per Share | 5.86 X | 3.12 X |
| Target Price | 90.0 | |
| Number Of Employees | 472 | 18.84 K |
| Beta | 0.74 | -0.15 |
| Market Capitalization | 486.92 M | 19.03 B |
| Total Asset | 2.81 B | 29.47 B |
| Retained Earnings | 236.04 M | 9.33 B |
| Annual Yield | 0.03 % | |
| Five Year Return | 3.45 % | |
| Net Asset | 2.81 B |
Note: Disposition of 3830 shares by Joseph Schierhorn of Northrim BanCorp at 28.1 subject to Rule 16b-3 [view details]
Northrim BanCorp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Northrim . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1418.44 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 89.49 | |||
| Day Typical Price | 89.02 | |||
| Market Facilitation Index | 2.0E-4 | |||
| Price Action Indicator | (1.62) | |||
| Period Momentum Indicator | (0.42) | |||
| Relative Strength Index | 60.46 |
About Northrim BanCorp Buy or Sell Advice
When is the right time to buy or sell Northrim BanCorp? Buying financial instruments such as Northrim Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Northrim BanCorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Northrim BanCorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrim BanCorp. If investors know Northrim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrim BanCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.061 | Dividend Share 2.46 | Earnings Share 5.86 | Revenue Per Share 25.726 | Quarterly Revenue Growth 0.157 |
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.