According to the GuruFocus All-In-One Screener, a Premium feature, the following stocks were trading near their 52-week highs while also having low price-earnings ratios as of Feb. 6. These companies also have a high dividend yield.
First of Long Island
First of Long Island Corp. (FLIC, Financial) was trading with a price-earnings ratio of 13.83, which is lower than 38% of companies in the banks industry. The stock has climbed 10% over the past 12 months and is now trading 8.42% below its 52-week high
The financial services company has a market cap of $565.65 million. Its earnings per share have grown 10.10% over the past three years, while the industry’s average growth rate was 9.6%.
The company has a dividend yield of 2.99% with an annualized rate of 2.89% over the past decade. The dividend payout ratio is 0.40.
The company's largest guru shareholder is Jim Simons (Trades, Portfolio)’ Renaissance Technologies with 2.93% of outstanding shares, followed by Diamond Hill Capital (Trades, Portfolio) with 1.73%, Hotchkis & Wiley with 0.81% and Michael Price (Trades, Portfolio) with 0.35%.
First Mid Bancshares
First Mid Bancshares Inc. (FMBH, Financial) was trading with a price-earnings ratio of 11.67, which is lower than 52% of companies in the banks industry. The stock was flat over the past 12 months and is now trading 9.19% below its 52-week high.
The financial services company has market cap of $551.89 million. Its earnings per share have grown 11.70% over the past three years, while the industry’s average growth rate was 9.6%.
The company has a dividend yield of 2.30% with an annualized rate of 2.06% over the past decade. The dividend payout ratio is 0.26.
With 0.79% of outstanding shares, Simons’ firm is the largest guru shareholder, followed by Hotchkis & Wiley with 0.24%.
Ennis
Ennis Inc. (EBF, Financial) was trading with a price-earnings ratio of 14.22, which is higher than 62% of companies in the industrial products industry. The stock was stable over the past 12 months and is now trading 5.90% below its 52-week high.
The company, which provides print products for the wholesale trade, has market cap of $544.68 million. Its earnings per share have grown 5.10% over the past three years, while the industry’s average growth rate was 7.75%.
The company has a dividend yield of 4.31% with an annualized rate of 4.06% over the past decade. The dividend payout ratio is 0.62.
The company's largest guru shareholder is Simons’ firm with 6.58% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 4.06% and Jeremy Grantham (Trades, Portfolio) with 1.02%.
Arrow Financial
Arrow Financial Corp. (AROW, Financial) was trading with a price-earnings ratio of 14.10, which is lower than 70% of companies in the banks industry. The share price has risen 6.82% over the past 12 months and is now trading 7.96% below the 52-week high.
The company, which provides various advisory and administrative services, has market cap of $528.84 million. Its earnings per share have climbed 41.30% over the past three years, while the industry’s average growth rate was 9.6%.
The company has a dividend yield of 2.89% with an annualized rate of 3.70% over the past decade. The dividend payout ratio is 0.41.
With 2.68% of outstanding shares, Simons’ firm is the company's largest guru shareholder.
Independent Bank
Independent Bank Corp. (Ionia MI) (IBCP, Financial) was trading with a price-earnings ratio of 11.05, which is higher than 58% of companies in the banks industry. The stock was flat over the past 12 months and is now trading 8.73% below its 52-week high.
The bank has a market cap of $491 million. Its earnings per share have climbed 25% over the past three years, while the industry’s average growth rate was 9.6%.
The company has a dividend yield of 2.08% and an annualized 10-year rate of 2.41%. The dividend payout ratio is 0.29.
The company's largest guru shareholder is Simons' firm with 4.51% of outstanding shares, followed by Grantham with 1.01%.
Financial Institutions
Financial Institutions Inc. (FISI, Financial) was trading with a price-earnings ratio of 10.44, which is lower than 51% of companies in the banks industry. The share price has risen 11.34% over the past 12 months and is now trading 7.96% below the 52-week high.
The bank has market cap of $490.03 million. Its earnings per share have grown 7.90% over the past three years, while the industry’s average growth rate was 9.6%.
The company has a dividend yield of 3.24% with an annualized rate of 3.03% over the past decade. The dividend payout ratio is 0.34.
With 3.14% of outstanding shares, Royce is the company's largest guru shareholder, followed by Hotchkis & Wiley with 0.82% and Grantham with 0.40%.
Disclosure: I do not own any stocks mentioned.
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