Somewhat Positive Media Coverage Somewhat Unlikely to Affect American National Bankshares (AMNB) Stock Price
News headlines about American National Bankshares (NASDAQ:AMNB) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American National Bankshares earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.2325225717893 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of American National Bankshares from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a research report on Monday, July 24th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $39.00 target price on shares of American National Bankshares in a research report on Thursday, July 27th. BidaskClub cut shares of American National Bankshares from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Finally, ValuEngine cut shares of American National Bankshares from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.
Shares of American National Bankshares (AMNB) traded down 0.27% during midday trading on Friday, hitting $36.75. 19,405 shares of the company were exchanged. The company has a market capitalization of $317.59 million, a P/E ratio of 19.34 and a beta of 0.77. The company has a 50-day moving average of $37.21 and a 200 day moving average of $36.78. American National Bankshares has a one year low of $25.74 and a one year high of $42.49.
American National Bankshares (NASDAQ:AMNB) last posted its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.49 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.49. American National Bankshares had a net margin of 22.82% and a return on equity of 8.05%. The business had revenue of $17.26 million during the quarter, compared to analysts’ expectations of $16.93 million. On average, equities research analysts expect that American National Bankshares will post $2.01 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.96 annualized dividend and a yield of 2.61%. American National Bankshares’s dividend payout ratio is 50.79%.
American National Bankshares Company Profile
American National Bankshares Inc is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Company operates through two segments: community banking, and trust and investment services. The Community banking segment involves making loans to and generating deposits from individuals and businesses.
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