ACNB - ACNB Stock Forecast, Price & News

ACNB Corporation, a financial holding company, provides banking, insurance, and financial services to individual, business, and government customers in the United States. The company offers checking, savings, and money market deposit accounts, as well as time deposits and debit cards. It also provides commercial lending products, such as commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, and agricultural and governmental loans; consumer lending products, including home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending programs include personal residential mortgages, and residential construction and investment mortgage loans. In addition, the company provides other services that are related to testamentary trusts, life insurance trusts, charitable remainder trusts, guardianships, powers of attorney, custodial accounts, and investment management and advisory accounts; and retail brokerage services. Further, it acts as a trustee to invest in, protect, manage, and distribute financial assets. Additionally, the company offers property and casualty, health, life, and disability insurance products to commercial and individual clients; and online, telephone, and mobile banking, as well as automated teller machine services. As of December 31, 2021, it operated through a network of 19 community banking offices located in Pennsylvania, including 12 offices in Adams county, five offices in York county, one office in Cumberland County, and one office in Franklin County; five community banking offices located in Frederick County; six community banking offices located in Carroll county, Maryland; and loan offices located in Lancaster and York, Pennsylvania, and Hunt Valley, Maryland. The company was founded in 1857 and is headquartered in Gettysburg, Pennsylvania.

ACNB Stock Down 0.3 %

Shares of NASDAQ:ACNB opened at $34.40 on Monday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.12. The company has a market cap of $299.52 million, a price-to-earnings ratio of 11.06 and a beta of 0.26. ACNB has a 12 month low of $27.15 and a 12 month high of $36.04. The stock has a 50-day moving average price of $32.42 and a two-hundred day moving average price of $33.00.

ACNB Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Wednesday, August 31st. ACNB's dividend payout ratio is currently 33.44%.

Insider Activity

In other news, EVP Lynda L. Glass sold 5,500 shares of the company's stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $31.73, for a total value of $174,515.00. Following the completion of the transaction, the executive vice president now owns 8,793 shares of the company's stock, valued at $279,001.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Lynda L. Glass sold 5,500 shares of the company's stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $31.73, for a total value of $174,515.00. Following the completion of the transaction, the executive vice president now owns 8,793 shares of the company's stock, valued at $279,001.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director David L. Sites bought 2,000 shares of ACNB stock in a transaction that occurred on Tuesday, June 28th. The stock was bought at an average price of $30.30 per share, for a total transaction of $60,600.00. Following the completion of the acquisition, the director now directly owns 36,741 shares of the company's stock, valued at $1,113,252.30. The disclosure for this purchase can be found here. Insiders bought 4,104 shares of company stock valued at $124,770 over the last quarter. 3.76% of the stock is owned by company insiders.