NASDAQ:AMNBAmerican National BankShares Stock Price, Forecast & News

$26.30

+0.98 (+3.87 %)

(As of 05/27/2020 11:30 AM ET)

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Today's Range

$26.25

Now: $26.30▼

$26.50

50-Day Range

$20.27

MA: $23.52▼

$29.44

52-Week Range

$18.53

Now: $26.30▼

$41.50

Volume558 shs

Average Volume22,454 shs

Market Capitalization$288.25 million

P/E Ratio12.46

Dividend Yield4.57%

Beta1.16

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, investment management, 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 34 automated teller machines. As of December 31, 2018, it operated 24 banking offices and 2 loan production offices in Roanoke, Virginia and Raleigh, North Carolina. American National Bankshares Inc. was founded in 1909 and is headquartered in Danville, Virginia.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
American National BankShares has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.17, American National BankShares has a potential upside of 18.5% from its current price of $26.30.
Amount of Analyst Coverage
American National BankShares has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
American National BankShares has received 218 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
American National BankShares has received 318 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
American National BankShares has received 59.33% “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 4.57%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
American National BankShares has only been increasing its dividend for 4 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 58.38 % 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 $31,250.00 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
37.41% 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 -18.86% in the coming year, from $2.28 to $1.85 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of American National BankShares is 12.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of American National BankShares is 12.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.31.
Price to Book Value per Share Ratio
American National BankShares has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.71 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

Debt

Debt-to-Equity Ratio0.11

Current Ratio0.93

Quick Ratio0.93

Price-To-Earnings

Trailing P/E Ratio12.46

Forward P/E Ratio11.54

P/E GrowthN/A

Sales & Book Value

Annual Sales$108.03 million

Price / Sales2.67

Cash Flow$3.73 per share

Price / Cash Flow7.05

Book Value$29.50 per share

Price / Book0.89

Profitability

EPS (Most Recent Fiscal Year)$3.10

Net Income$20.91 million

Net Margins20.42%

Return on Equity10.93%

Return on Assets1.41%

Miscellaneous

Employees299

Outstanding Shares10,960,000

Market Cap$288.25 million

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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American National BankShares (NASDAQ:AMNB) Frequently Asked Questions

How has American National BankShares' stock been impacted by COVID-19 (Coronavirus)?

American National BankShares' stock was trading at $24.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AMNB shares have increased by 6.0% and is now trading at $26.30. View which stocks have been most impacted by Coronavirus.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American National BankShares in the last year. There are currently 1 hold rating and 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, July 16th 2020. View our earnings forecast for American National BankShares.

How were American National BankShares' earnings last quarter?

American National BankShares Inc (NASDAQ:AMNB) posted its earnings results on Thursday, April, 23rd. The financial services provider reported $0.77 EPS for the quarter, beating the consensus estimate of $0.63 by $0.14. The financial services provider earned $24.41 million during the quarter, compared to analyst estimates of $23.87 million. American National BankShares had a net margin of 20.42% and a return on equity of 10.93%. 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 Tuesday, May 19th. Investors of record on Friday, June 5th will be paid a dividend of $0.27 per share on Friday, June 19th. This represents a $1.08 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, June 4th. View American National BankShares' dividend history.

What price target have analysts set for AMNB?

3 equities research analysts have issued 1-year target prices for American National BankShares' stock. Their forecasts range from $27.00 to $37.00. On average, they anticipate American National BankShares' stock price to reach $31.17 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price. View analysts' price targets for American National BankShares.

Has American National BankShares been receiving favorable news coverage?

Headlines about AMNB stock have trended very negative on Wednesday, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. American National BankShares earned a news sentiment score of -3.1 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutAmerican 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), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). 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 (CCH), Procter & Gamble (PG), General Motors (GM), IBM (IBM), L Brands (LB), Mercadolibre (MELI), Altria Group (MO), PepsiCo (PEP) and Primo Water (PRMW).

Who are American National BankShares' key executives?

American National BankShares' management team includes the following people:

Mr. Jeffrey Vernon Haley, Pres, CEO & Director (Age 59)
Mr. William W. Traynham Jr., Exec. VP, CFO, Treasurer & Sec. (Age 64)
Mr. H. Gregg Strader, Exec. VP & Chief Banking Officer (Age 61)
Ms. Cathy W. Liles CAP, Sr. VP & Chief Accounting Officer (Age 54)
Mr. Mark A. Strosnider, VP of National Bank & Trust Company

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 BlackRock Inc. (6.99%), State Street Corp (2.13%), Smith Salley & Associates (1.47%), Geode Capital Management LLC (1.40%), Bank of New York Mellon Corp (0.72%) and Russell Investments Group Ltd. (0.40%). Company insiders that own American National BankShares stock include Dan Miller Pleasant, Edward C Martin, Frank C Crist Jr, Franklin W Maddux, Hunter Gregg Strader, Jeffrey V Haley and Jeffrey W Farrar. 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 Castine Capital Management LLC, Morgan Stanley, UBS Group AG, State Street Corp, JPMorgan Chase & Co., Bessemer Group Inc., Bank of New York Mellon Corp, and Smith Salley & Associates. View insider buying and selling activity for American National BankShares.

Which institutional investors are buying American National BankShares stock?

AMNB stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Geode Capital Management LLC, BlackRock Inc., Rhumbline Advisers, Wells Fargo & Company MN, Nuveen Asset Management LLC, Citigroup Inc., and BNP Paribas Arbitrage SA. Company insiders that have bought American National BankShares stock in the last two years include Dan Miller Pleasant, Edward C Martin, Frank C Crist Jr, Franklin W Maddux, Hunter Gregg Strader, Jeffrey V Haley, and Jeffrey W Farrar. 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 $26.30.

How big of a company is American National BankShares?

American National BankShares has a market capitalization of $288.25 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 299 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 5/27/2020 by MarketBeat.com Staff