NASDAQ:AMNB

American National Bankshares Stock Forecast, Price & News

Top Beat the Market™ Stocks

$23.99

-0.30 (-1.24 %)

(As of 10/23/2020 12:00 AM ET)

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Today's Range

$23.95

Now: $23.99▼

$25.32

50-Day Range

$19.63

MA: $21.93▼

$24.29

52-Week Range

$18.53

Now: $23.99▼

$40.57

Volume10,434 shs

Average Volume14,026 shs

Market Capitalization$262.93 million

P/E Ratio9.23

Dividend Yield4.60%

Beta1.1

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. The company's loan products comprise commercial and residential real estate loans, commercial loans to small and medium-sized businesses, construction and land development loans, home equity loans, mortgage loans, and consumer loans. It also offers trust and investment services, such as estate planning, trust account administration, and retail brokerage services; online and telephone banking services; insurance services; and investment management services, including purchasing equity, fixed income, and mutual fund investments for customer accounts, as well as operates thirty-eight automated teller machines. As of December 31, 2019, it operated twenty-six banking offices; and one loan production offices in Roanoke, Virginia. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.

Beat the Market (BTM) Rank^™

2.5 Analyst's Opinion

Consensus Rating
American National Bankshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.75, American National Bankshares has a forecasted upside of 19.8% from its current price of $23.99.
Amount of Analyst Coverage
American National Bankshares has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
American National Bankshares has received 221 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
American National Bankshares has received 325 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
American National Bankshares has received 59.52% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about American National Bankshares and other stocks. Vote “Outperform” if you believe AMNB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AMNB will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
American National Bankshares is a leading dividend payer. It pays a dividend yield of 4.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
American National Bankshares has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of American National Bankshares is 34.84%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, American National Bankshares will have a dividend payout ratio of 55.67% next year. This indicates that American National Bankshares will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, American National Bankshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $16,394.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.08% of the stock of American National Bankshares is held by insiders.
Percentage Held by Institutions
37.18% of the stock of American National Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for American National Bankshares are expected to decrease by -19.17% in the coming year, from $2.40 to $1.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of American National Bankshares is 9.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of American National Bankshares is 9.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.43.
Price to Book Value per Share Ratio
American National Bankshares has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.74 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:AMNB

Previous Symbol

CUSIP02774510

CIK741516

Webwww.amnb.com

Phone434-792-5111

Employees345

Debt

Debt-to-Equity Ratio0.11

Current Ratio0.94

Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio9.23

Forward P/E Ratio10.00

P/E GrowthN/A

Sales & Book Value

Annual Sales$108.03 million

Price / Sales2.43

Cash Flow$3.43 per share

Price / Cash Flow7.00

Book Value$28.82 per share

Price / Book0.83

Profitability

EPS (Most Recent Fiscal Year)$3.10

Net Income$20.91 million

Net Margins26.67%

Return on Equity9.51%

Return on Assets1.19%

Miscellaneous

Outstanding Shares10,960,000

Market Cap$262.93 million

Next Earnings Date1/28/2021 (Estimated)

OptionableOptionable

$23.99

-0.30 (-1.24 %)

(As of 10/23/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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American National Bankshares (NASDAQ:AMNB) Frequently Asked Questions

How has American National Bankshares' stock price been impacted by Coronavirus?

American National Bankshares' stock was trading at $24.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AMNB shares have decreased by 3.3% and is now trading at $23.99.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of American National Bankshares?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American National Bankshares in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for American National Bankshares.

When is American National Bankshares' next earnings date?

American National Bankshares is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for American National Bankshares.

How were American National Bankshares' earnings last quarter?

American National Bankshares Inc. (NASDAQ:AMNB) announced its earnings results on Thursday, October, 22nd. The financial services provider reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.15. American National Bankshares had a net margin of 26.67% and a return on equity of 9.51%.
View American National Bankshares' earnings history.

How often does American National Bankshares pay dividends? What is the dividend yield for American National Bankshares?

American National Bankshares announced a quarterly dividend on Thursday, July 23rd. Investors of record on Friday, September 4th will be paid a dividend of $0.27 per share on Friday, September 18th. This represents a $1.08 dividend on an annualized basis and a yield of 4.50%. The ex-dividend date of this dividend is Thursday, September 3rd.
View American National Bankshares' dividend history.

What price target have analysts set for AMNB?

2 Wall Street analysts have issued 12 month target prices for American National Bankshares' stock. Their forecasts range from $28.00 to $29.50. On average, they expect American National Bankshares' stock price to reach $28.75 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price.
View analysts' price targets for American National Bankshares.

Who are some of American National Bankshares' key competitors?

Some companies that are related to American National Bankshares include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), Regions Financial (RF), KeyCorp (KEY), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation, National Association (ZION), East West Bancorp (EWBC), First Citizens BancShares (FCNCA) and Signature Bank (SBNY).
View all competitors.

What other stocks do shareholders of American National Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American National Bankshares investors own include AT&T (T), Coca-Cola HBC AG (CCH.L) (CCH), Altria Group (MO), The Procter & Gamble (PG), Wells Fargo & Company (WFC), Cisco Systems (CSCO), Energy Transfer (ET), General Electric (GE), Gilead Sciences (GILD) and General Motors (GM).

Who are American National Bankshares' key executives?

American National Bankshares' management team includes the following people:

Mr. Jeffrey Vernon Haley, Pres, CEO & Director (Age 60, Pay $762.69k)
Mr. Jeffrey W. Farrar CPA, CPA, Exec. VP, COO, CFO & Sec. (Age 59, Pay $212.62k)
Mr. Edward C. Martin, Chief Admin. Officer (Age 46, Pay $298.63k)
Mr. H. Gregg Strader, Exec. VP & Chief Banking Officer (Age 62, Pay $466.31k)
Mr. John H. Settle Jr., Exec. VP and Pres of Wealth Management (Age 61, Pay $264.95k)

What is American National Bankshares' stock symbol?

American National Bankshares trades on the NASDAQ under the ticker symbol "AMNB."

Who are American National Bankshares' major shareholders?

American National Bankshares' stock is owned by many different retail and institutional investors. Top institutional investors include LSV Asset Management (0.27%). Company insiders that own American National Bankshares stock include Charles S Harris, Dan Miller Pleasant, Edward C Martin, Frank C Crist Jr, Franklin W Maddux, Hunter Gregg Strader, Jeffrey W Farrar and Kenneth S Bowling.
View institutional ownership trends for American National Bankshares.

Which institutional investors are selling American National Bankshares stock?

AMNB stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management.
View insider buying and selling activity for American National Bankshares.

How do I buy shares of American National Bankshares?

Shares of AMNB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is American National Bankshares' stock price today?

One share of AMNB stock can currently be purchased for approximately $23.99.

How big of a company is American National Bankshares?

American National Bankshares has a market capitalization of $262.93 million and generates $108.03 million in revenue each year. The financial services provider earns $20.91 million in net income (profit) each year or $3.10 on an earnings per share basis. American National Bankshares employs 345 workers across the globe.

What is American National Bankshares' official website?

The official website for American National Bankshares is www.amnb.com.

How can I contact American National Bankshares?

American National Bankshares' mailing address is 628 MAIN STREET, DANVILLE VA, 24541. The financial services provider can be reached via phone at 434-792-5111 or via email at [email protected]

This page was last updated on 10/25/2020 by MarketBeat.com Staff

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