TowneBank (TOWN)
NASDAQ: TOWN · Real-Time Price · USD
34.51
+0.22 (0.64%)
Jan 21, 2025, 4:00 PM EST - Market closed
TowneBank Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TowneBank stock has a target of 40, which predicts an increase of 15.91% from the current stock price of 34.51.
Analyst Consensus: Buy
* Price targets were last updated on Oct 2, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for TowneBank is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 2 | 2 | 2 | 1 |
| Hold | 3 | 3 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $35 → $40 | Hold → Buy | Upgrades | $35 → $40 | +15.91% | Oct 2, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $30 → $35 | Hold | Maintains | $30 → $35 | +1.42% | Jul 29, 2024 |
| Raymond James | Raymond James | Buy Maintains $28 → $32 | Buy | Maintains | $28 → $32 | -7.27% | Jan 5, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Initiates $23 | Hold | Initiates | $23 | -33.35% | Sep 13, 2023 |
| Hovde Group | Hovde Group | Hold Initiates $27 | Hold | Initiates | $27 | -21.76% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
703.42M
Revenue Next Year
800.59M
from 703.42M
Increased by 13.81%
EPS This Year
2.16
from 2.06
Increased by 4.84%
EPS Next Year
2.61
from 2.16
Increased by 20.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 728.7M | 846.5M | 934.9M |
| Avg | 703.4M | 800.6M | 889.0M |
| Low | 671.1M | 749.9M | 810.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 20.3% | 16.8% |
| Avg | - | 13.8% | 11.0% |
| Low | - | 6.6% | 1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.27 | 2.78 | 3.62 |
| Avg | 2.16 | 2.61 | 3.26 |
| Low | 2.02 | 2.30 | 2.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1% | 28.9% | 39.0% |
| Avg | 4.8% | 20.7% | 25.2% |
| Low | -2.0% | 6.7% | 12.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.