Northeast Bancorp Ownership
| NBN Stock | USD 101.20 0.28 0.28% |
Shares in Circulation | First Issued 1987-06-30 | Previous Quarter 7.9 M | Current Value 8.1 M | Avarage Shares Outstanding 4.5 M | Quarterly Volatility 3.2 M |
Northeast |
Northeast Stock Ownership Analysis
About 60.0% of the company shares are owned by institutional investors. The book value of Northeast Bancorp was now reported as 47.8. The company recorded earning per share (EPS) of 7.57. Northeast Bancorp last dividend was issued on the 12th of November 2024. The entity had 3:2 split on the 16th of December 1997. Northeast Bank provides banking services to individual and corporate customers in Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine. Northeast Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 165 people. To find out more about Northeast Bancorp contact Richard Wayne at 207 786 3245 or learn more at https://www.northeastbank.com.Besides selling stocks to institutional investors, Northeast Bancorp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Northeast Bancorp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Northeast Bancorp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Northeast Bancorp Quarterly Liabilities And Stockholders Equity |
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Less than 1% of Northeast Bancorp are currently held by insiders. Unlike Northeast Bancorp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Northeast Bancorp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Northeast Bancorp's insider trades
Northeast Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Northeast Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Northeast Bancorp backward and forwards among themselves. Northeast Bancorp's institutional investor refers to the entity that pools money to purchase Northeast Bancorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Kennedy Capital Management Inc | 2024-09-30 | 129.7 K | Gw&k Investment Management, Llc | 2024-09-30 | 120.4 K | Gator Capital Management, Llc | 2024-09-30 | 98.4 K | Amvescap Plc. | 2024-09-30 | 83.9 K | Foundry Partners, Llc | 2024-09-30 | 74.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 66.4 K | Acadian Asset Management Llc | 2024-09-30 | 64.5 K | Northern Trust Corp | 2024-09-30 | 60 K | Nuveen Asset Management, Llc | 2024-09-30 | 56.9 K | Blackrock Inc | 90249-09-30 | 621.9 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 420.9 K |
Northeast Bancorp Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Northeast Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Northeast Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Northeast Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Northeast Bancorp Outstanding Bonds
Northeast Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Northeast Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Northeast bonds can be classified according to their maturity, which is the date when Northeast Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Northeast Bancorp Corporate Filings
Pair Trading with Northeast Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northeast Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northeast Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Northeast Stock
The ability to find closely correlated positions to Northeast Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northeast Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northeast Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northeast Bancorp to buy it.
The correlation of Northeast Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northeast Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northeast Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northeast Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast 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 bureau of labor statistics. To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 Northeast Bancorp. If investors know Northeast 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 Northeast 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 0.05 | Dividend Share 0.04 | Earnings Share 7.57 | Revenue Per Share | Quarterly Revenue Growth 0.132 |
The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast 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 Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast 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 Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast 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.