Somewhat Favorable Media Coverage Somewhat Unlikely to Affect American National Bankshares (AMNB) Stock Price
Press coverage about American National Bankshares (NASDAQ:AMNB) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American National Bankshares earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.2525920740002 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several equities analysts have recently commented on the stock. Zacks Investment Research raised shares of American National Bankshares from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research note on Monday, July 24th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $39.00 price objective on shares of American National Bankshares in a research note on Thursday, July 27th. BidaskClub downgraded shares of American National Bankshares from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, ValuEngine downgraded shares of American National Bankshares from a “buy” rating to a “hold” rating in a research note on Monday, July 24th.
American National Bankshares (NASDAQ AMNB) opened at 38.05 on Tuesday. The company has a market capitalization of $328.83 million, a P/E ratio of 20.03 and a beta of 0.77. American National Bankshares has a 52 week low of $25.74 and a 52 week high of $42.49. The stock’s 50 day moving average is $37.19 and its 200 day moving average is $36.66.
American National Bankshares (NASDAQ:AMNB) last released its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.49 EPS for the quarter, hitting analysts’ consensus estimates of $0.49. American National Bankshares had a net margin of 22.82% and a return on equity of 8.09%. The firm 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 year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a dividend of $0.24 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.52%. American National Bankshares’s dividend payout ratio is presently 50.79%.
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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.
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