American National BankShares (AMNB) Getting Somewhat Favorable News Coverage, Analysis Shows

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Press coverage about American National BankShares (NASDAQ:AMNB) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American National BankShares earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.8921738476274 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of analysts recently issued reports on AMNB shares. BidaskClub cut American National BankShares from a “hold” rating to a “sell” rating in a report on Wednesday, August 8th. Zacks Investment Research cut American National BankShares from a “buy” rating to a “hold” rating in a report on Tuesday, July 3rd. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. American National BankShares has an average rating of “Hold” and an average price target of $42.50.

Shares of NASDAQ:AMNB traded down $0.80 on Wednesday, hitting $40.65. The company’s stock had a trading volume of 514 shares, compared to its average volume of 6,200. American National BankShares has a 1 year low of $34.95 and a 1 year high of $42.99. The stock has a market cap of $358.48 million, a P/E ratio of 19.64 and a beta of 0.65. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.13.

American National BankShares (NASDAQ:AMNB) last released its quarterly earnings results on Thursday, July 19th. The financial services provider reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.07. American National BankShares had a return on equity of 10.15% and a net margin of 23.11%. The firm had revenue of $18.35 million for the quarter, compared to analysts’ expectations of $18.01 million. equities research analysts expect that American National BankShares will post 2.73 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 21st. Shareholders of record on Friday, September 7th will be issued a $0.25 dividend. The ex-dividend date is Thursday, September 6th. This represents a $1.00 annualized dividend and a dividend yield of 2.46%. American National BankShares’s payout ratio is currently 48.31%.

About American National BankShares

American National Bankshares Inc operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit.

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