National Bankshares, Inc. (NASDAQ:NKSH - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.15 and traded as high as $36.50. National Bankshares shares last traded at $36.12, with a volume of 77,278 shares changing hands.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Weiss Ratings raised National Bankshares from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, July 9th. Wall Street Zen raised National Bankshares from a "sell" rating to a "hold" rating in a research note on Saturday, April 4th. Finally, Zacks Research cut National Bankshares from a "strong-buy" rating to a "hold" rating in a report on Friday, June 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, National Bankshares currently has a consensus rating of "Moderate Buy".
Check Out Our Latest Analysis on NKSH
National Bankshares Stock Performance
The stock's fifty day moving average price is $35.76 and its 200-day moving average price is $36.15. The firm has a market cap of $230.08 million, a PE ratio of 13.13 and a beta of 0.62.
National Bankshares (NASDAQ:NKSH - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The bank reported $0.78 EPS for the quarter, beating the consensus estimate of $0.65 by $0.13. National Bankshares had a net margin of 20.39% and a return on equity of 10.38%. The firm had revenue of $15.30 million during the quarter, compared to analysts' expectations of $14.50 million. Sell-side analysts forecast that National Bankshares, Inc. will post 3.25 earnings per share for the current fiscal year.
National Bankshares Dividend Announcement
The business also recently declared a dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 26th were given a dividend of $0.75 per share. This represents a dividend yield of 427.0%. The ex-dividend date was Tuesday, May 26th. National Bankshares's dividend payout ratio (DPR) is presently 54.55%.
Institutional Investors Weigh In On National Bankshares
Institutional investors have recently modified their holdings of the company. Geode Capital Management LLC increased its stake in National Bankshares by 7.3% in the 2nd quarter. Geode Capital Management LLC now owns 154,273 shares of the bank's stock valued at $4,197,000 after purchasing an additional 10,437 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in National Bankshares by 398.9% during the second quarter. Tower Research Capital LLC TRC now owns 1,746 shares of the bank's stock worth $47,000 after purchasing an additional 1,396 shares in the last quarter. State of Wyoming purchased a new stake in National Bankshares during the second quarter worth $36,000. JPMorgan Chase & Co. grew its holdings in National Bankshares by 37.6% in the third quarter. JPMorgan Chase & Co. now owns 6,493 shares of the bank's stock valued at $191,000 after purchasing an additional 1,774 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in National Bankshares by 1.2% in the third quarter. Vanguard Group Inc. now owns 334,517 shares of the bank's stock valued at $9,848,000 after purchasing an additional 3,876 shares during the last quarter. Hedge funds and other institutional investors own 29.73% of the company's stock.
About National Bankshares
(
Get Free Report)
National Bankshares, Inc is a Virginia-based bank holding company headquartered in Reston. Through its primary subsidiaries, National Bank of Blacksburg and The Bank of Giles and Montgomery, the company offers a full suite of community banking services to individuals, small businesses and nonprofit organizations.
The company’s core activities include deposit-taking, consumer and commercial lending, mortgage origination and servicing, trust and wealth management, and electronic banking platforms.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider National Bankshares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Bankshares wasn't on the list.
While National Bankshares currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
