NASDAQ:ANCX - Access National Stock Price, News, & Analysis

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$27.75 +0.21 (+0.76 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$27.54
Today's Range$27.38 - $27.79
52-Week Range$24.36 - $30.99
Volume37,400 shs
Average Volume49,353 shs
Market Capitalization$575.71 million
P/E Ratio17.24
Dividend Yield2.34%
Beta0.74
Access National logoAccess National Corporation operates as the bank holding company for Access National Bank that provides credit, deposit, mortgage, and wealth management services to small and medium sized businesses, professionals, and associated individuals primarily in the greater Washington, D.C. Metropolitan Area. The company operates through three segments: Commercial Banking, Mortgage Banking, and Wealth Management. It offers checking, savings/money market, sweep, and zero balance accounts; investment management, financial planning, lockbox payment processing, payroll, and retirement account services, as well as certificates of deposit, qualified and employer sponsored retirement plans, and overnight investments; and loan products, including residential mortgage, asset secured, business investment, construction, and lot and land loans. In addition, the company provides lending products, such as accounts receivable lines of credit and collection; growth capital term loans; partner buyout funding; business acquisition, franchise, and equipment financing, as well as debt re-financing; and commercial mortgage and construction, and SBA preferred lender loans. The company operates from 15 banking centers located in Chantilly, Tysons, Reston, Leesburg, Manassas, Arlington, Alexandria, Ashburn, Gainesville, Marshall, Middleburg, Purcellville, Richmond, and Warrenton in Virginia. Access National Corporation was founded in 1999 and is headquartered in Reston, Virginia.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ANCX
CUSIP00433710
Phone703-871-2100

Debt

Debt-to-Equity Ratio0.09
Current Ratio0.90
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio17.24
Forward P/E Ratio16.04
P/E GrowthN/A

Sales & Book Value

Annual Sales$127.57 million
Price / Sales4.52
Cash Flow$1.7475 per share
Price / Cash15.88
Book Value$20.61 per share
Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$1.61
Net Income$16.50 million
Net Margins19.04%
Return on Equity8.11%
Return on Assets1.20%

Miscellaneous

Employees415
Outstanding Shares20,800,000
Market Cap$575.71 million

Access National (NASDAQ:ANCX) Frequently Asked Questions

What is Access National's stock symbol?

Access National trades on the NASDAQ under the ticker symbol "ANCX."

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

Access National declared a quarterly dividend on Thursday, July 26th. Stockholders of record on Thursday, August 9th will be given a dividend of $0.16 per share on Friday, August 24th. This represents a $0.64 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Wednesday, August 8th. This is an increase from Access National's previous quarterly dividend of $0.15. View Access National's Dividend History.

How were Access National's earnings last quarter?

Access National Co. (NASDAQ:ANCX) posted its earnings results on Thursday, July, 26th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by $0.01. The financial services provider had revenue of $32.11 million for the quarter, compared to analysts' expectations of $32.20 million. Access National had a net margin of 19.04% and a return on equity of 8.11%. View Access National's Earnings History.

When is Access National's next earnings date?

Access National is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Access National.

What price target have analysts set for ANCX?

6 equities research analysts have issued twelve-month price targets for Access National's stock. Their predictions range from $30.00 to $31.00. On average, they anticipate Access National's stock price to reach $30.60 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Access National.

What is the consensus analysts' recommendation for Access National?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Access National in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Access National.

What are Wall Street analysts saying about Access National stock?

Here are some recent quotes from research analysts about Access National stock:
  • 1. Maxim Group analysts commented, "ANCX reported 2Q18 EPS of $0.43 (including $0.04 related to a large wealth management fee), versus consensus of $0.44. In our view, it was a solid quarter, but below our expectations in regard to mortgage banking. We are lowering our 2018 EPS estimate to $1.74, from $1.85, based on 2Q18 results. Based on our new 2018 EPS estimate, we are lowering our price target to $31, from $33. Our price target equates to 17.8x (unchanged) our 2018 EPS estimate, versus 14.7x for small-cap peer banks. We believe that ANCX deserves a premium to peers based on its outstanding credit quality record (especially during the economic downturn that began in 2008) and its above- peer contribution from non-interest income (28% of revenues in 2Q18)." (7/30/2018)
  • 2. According to Zacks Investment Research, "Access National Corporation serves as the holding company for Access National Bank and its subsidiaries, Access National Mortgage Corporation and Access National Leasing Corporation. " (5/2/2018)

Who are some of Access National's key competitors?

Who are Access National's key executives?

Access National's management team includes the folowing people:
  • Mr. Michael W. Clarke, Pres, CEO & Director (Age 56)
  • Ms. Margaret M. Taylor CPAEVP, Exec. VP & CFO (Age 54)
  • Mr. Robert C. Shoemaker, Exec. VP & Director (Age 57)
  • Mr. Dean F. Hackemer, Pres of Access National Mortgage Division - Access National Bank (Age 53)
  • Mr. Mark D. Moore, Pres & Director of Access National Bank (Age 54)

Has Access National been receiving favorable news coverage?

News coverage about ANCX stock has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Access National earned a media and rumor sentiment score of 0.14 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 45.52 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Access National.

Who are Access National's major shareholders?

Access National's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Janus Henderson Group PLC (5.04%), BlackRock Inc. (4.00%), Dimensional Fund Advisors LP (2.60%), Bronfman E.L. Rothschild L.P. (1.98%), Renaissance Technologies LLC (1.96%) and Wells Fargo & Company MN (1.68%). Company insiders that own Access National stock include J Randolph Babbitt, Margaret M Taylor, Mark D Moore, Mary Leigh Mcdaniel, Michael W Clarke and Thomas M Kody. View Institutional Ownership Trends for Access National.

Which institutional investors are selling Access National stock?

ANCX stock was sold by a variety of institutional investors in the last quarter, including Bronfman E.L. Rothschild L.P., FMR LLC, Palladium Partners LLC, Sandy Spring Bank, Brown Advisory Inc., Bank of America Corp DE and PNC Financial Services Group Inc.. View Insider Buying and Selling for Access National.

Which institutional investors are buying Access National stock?

ANCX stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Pwmco LLC, Dimensional Fund Advisors LP, Citadel Advisors LLC, BlackRock Inc., Private Advisor Group LLC, First Trust Advisors LP and Motley Fool Wealth Management LLC. Company insiders that have bought Access National stock in the last two years include J Randolph Babbitt, Margaret M Taylor, Mark D Moore, Mary Leigh Mcdaniel, Michael W Clarke and Thomas M Kody. View Insider Buying and Selling for Access National.

How do I buy shares of Access National?

Shares of ANCX 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, Scottrade, Fidelity and Charles Schwab.

What is Access National's stock price today?

One share of ANCX stock can currently be purchased for approximately $27.75.

How big of a company is Access National?

Access National has a market capitalization of $575.71 million and generates $127.57 million in revenue each year. The financial services provider earns $16.50 million in net income (profit) each year or $1.61 on an earnings per share basis. Access National employs 415 workers across the globe.

How can I contact Access National?

Access National's mailing address is 1800 ROBERT FULTON DR SUITE 300, RESTON VA, 20191. The financial services provider can be reached via phone at 703-871-2100 or via email at [email protected]


MarketBeat Community Rating for Access National (NASDAQ ANCX)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  314
MarketBeat's community ratings are surveys of what our community members think about Access National and other stocks. Vote "Outperform" if you believe ANCX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ANCX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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