American National Bankshares (AMNB) Receiving Somewhat Positive Press Coverage, Report Finds
Media stories about American National Bankshares (NASDAQ:AMNB) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American National Bankshares earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.1375162680273 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- American National Bankshares, Inc. (AMNB) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- ETFs with exposure to American National Bankshares, Inc. (Virginia) : December 7, 2017 (finance.yahoo.com)
- American National Bankshares, Inc. (Virginia) breached its 50 day moving average in a Bearish Manner : AMNB-US : December 6, 2017 (finance.yahoo.com)
- American National Bankshares, Inc. (Virginia) : AMNB-US: Dividend Analysis : December 01st, 2017 (record date) : By the numbers : December 4, 2017 (finance.yahoo.com)
- American National Bankshares (AMNB) & Cape Bancorp (CBNJ) Financial Survey (americanbankingnews.com)
Shares of American National Bankshares (NASDAQ AMNB) opened at $38.20 on Friday. 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 $33.17 and a 12 month high of $42.99. The firm has a market capitalization of $336.38, a P/E ratio of 19.55 and a beta of 0.74.
American National Bankshares (NASDAQ:AMNB) last posted its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.55 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 firm had revenue of $18.14 million for the quarter, compared to the consensus estimate of $17.56 million. research analysts anticipate that American National Bankshares will post 2.06 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from American National Bankshares’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.62%. American National Bankshares’s payout ratio is 50.25%.
AMNB has been the topic of a number of research reports. Zacks Investment Research downgraded American National Bankshares from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. National Bank Financial downgraded American National Bankshares to a “market perform” rating in a research note on Friday, October 20th. Raymond James Financial restated a “market perform” rating on shares of American National Bankshares in a research note on Friday, October 20th. ValuEngine upgraded American National Bankshares from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Keefe, Bruyette & Woods downgraded American National Bankshares from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 4th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $41.00.
In related news, Director Charles H. Majors sold 1,800 shares of American National Bankshares stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $39.51, for a total value of $71,118.00. Following the sale, the director now directly owns 55,786 shares in the company, valued at $2,204,104.86. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director F D. Hornaday III sold 1,500 shares of American National Bankshares stock in a transaction on Friday, December 1st. The stock was sold at an average price of $40.31, for a total value of $60,465.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,500 shares of company stock worth $179,052. Company insiders own 6.39% of the company’s stock.
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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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