American National BankShares (NASDAQ:AMNB) is set to post its quarterly earnings results after the market closes on Wednesday, January 17th. Analysts expect American National BankShares to post earnings of $0.54 per share for the quarter.

American National BankShares (NASDAQ:AMNB) last released its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. American National BankShares had a return on equity of 8.39% and a net margin of 23.04%. The company had revenue of $18.14 million during the quarter, compared to analysts’ expectations of $17.56 million. On average, analysts expect American National BankShares to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of American National BankShares (NASDAQ AMNB) opened at $40.00 on Monday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.18. American National BankShares has a 12 month low of $33.80 and a 12 month high of $42.99. The company has a market capitalization of $345.89, a PE ratio of 20.10 and a beta of 0.75.

In other news, Director Charles H. Majors sold 907 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $39.50, for a total value of $35,826.50. Following the completion of the transaction, the director now directly owns 54,902 shares in the company, valued at $2,168,629. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Charles H. Majors sold 1,800 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $39.51, for a total value of $71,118.00. Following the completion of the transaction, the director now owns 55,786 shares of the company’s stock, valued at $2,204,104.86. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,500 shares of company stock valued at $179,052. Company insiders own 6.39% of the company’s stock.

A number of equities research analysts have commented on the company. Zacks Investment Research upgraded American National BankShares from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research note on Tuesday, January 9th. ValuEngine upgraded American National BankShares from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. BidaskClub upgraded American National BankShares from a “sell” rating to a “hold” rating in a research note on Thursday. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $39.00 price target on shares of American National BankShares in a research note on Tuesday, October 3rd. Finally, Raymond James Financial restated a “market perform” rating on shares of American National BankShares in a research note on Friday, October 20th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $40.50.

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About American National BankShares

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.

Earnings History for American National BankShares (NASDAQ:AMNB)

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