National Bank Holdings Corporation (NBHC) To Go Ex-Dividend on February 27th

National Bank Holdings Corporation (NYSE:NBHC) declared a quarterly dividend on Tuesday, January 27th. Shareholders of record on Friday, February 27th will be paid a dividend of 0.32 per share by the financial services provider on Friday, March 13th. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, February 27th. This is a 3.2% increase from National Bank’s previous quarterly dividend of $0.31.

National Bank has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 10 consecutive years. National Bank has a dividend payout ratio of 37.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect National Bank to earn $3.45 per share next year, which means the company should continue to be able to cover its $1.24 annual dividend with an expected future payout ratio of 35.9%.

National Bank Stock Performance

NYSE:NBHC opened at $39.83 on Thursday. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 12.60 and a beta of 0.81. National Bank has a fifty-two week low of $32.83 and a fifty-two week high of $44.11. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a fifty day moving average price of $39.17 and a 200-day moving average price of $38.40.

National Bank (NYSE:NBHC) last released its earnings results on Tuesday, January 27th. The financial services provider reported $0.60 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.27). The firm had revenue of $100.64 million during the quarter, compared to the consensus estimate of $107.48 million. National Bank had a net margin of 18.66% and a return on equity of 8.70%. During the same period in the prior year, the business earned $0.86 earnings per share. As a group, equities analysts anticipate that National Bank will post 3.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on NBHC shares. Weiss Ratings restated a “hold (c)” rating on shares of National Bank in a research report on Thursday, January 22nd. Zacks Research raised National Bank from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. DA Davidson reaffirmed a “buy” rating and issued a $46.00 price objective on shares of National Bank in a research note on Wednesday. Finally, Stephens raised shares of National Bank from an “equal weight” rating to an “overweight” rating and set a $42.00 target price for the company in a report on Monday, November 10th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, National Bank currently has an average rating of “Moderate Buy” and a consensus price target of $44.75.

National Bank Company Profile

National Bank Holdings Corporation (NYSE: NBHC) is a diversified financial services holding company headquartered in Cape Girardeau, Missouri. Through its network of community bank subsidiaries, the company provides deposit, lending and payment solutions to consumer, small business and commercial clients across multiple U.S. markets.

Since its founding in 1992, National Bank Holdings has pursued a growth strategy focused on acquiring and integrating locally branded community banks. Its footprint spans the Midwest and Southern United States, including Missouri, Kansas, Oklahoma, Texas, Colorado, Illinois and Tennessee.