Ames National (ATLO) Stock Forecast, Price & News

Ames National's stock was trading at $23.61 at the start of the year. Since then, ATLO shares have decreased by 19.5% and is now trading at $19.00.
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Ames National saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 126,600 shares, a decline of 10.0% from the April 30th total of 140,600 shares. Based on an average daily trading volume, of 32,400 shares, the days-to-cover ratio is presently 3.9 days. Approximately 1.4% of the shares of the stock are short sold.
View Ames National's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our ATLO earnings forecast.

Ames National Co. (NASDAQ:ATLO) announced its quarterly earnings results on Friday, January, 17th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. The financial services provider earned $10.62 million during the quarter. Ames National had a net margin of 23.42% and a trailing twelve-month return on equity of 11.51%.

Ames National announced a quarterly dividend on Wednesday, May 10th. Investors of record on Tuesday, August 1st will be given a dividend of $0.27 per share on Tuesday, August 15th. This represents a $1.08 annualized dividend and a dividend yield of 5.68%. The ex-dividend date of this dividend is Monday, July 31st.
Read our dividend analysis for ATLO.

Ames National (NASDAQ:ATLO) pays an annual dividend of $1.08 per share and currently has a dividend yield of 5.85%. ATLO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 55.96%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ATLO.

2 employees have rated Ames National Chief Executive Officer John Nelson on Glassdoor.com. John Nelson has an approval rating of 100% among the company's employees. This puts John Nelson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 100.0% of employees surveyed would recommend working at Ames National to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ames National investors own include AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Abbott Laboratories (ABT), Consolidated Edison (ED), EMC Insurance Group (EMCI), Enterprise Products Partners (EPD), Gilead Sciences (GILD), International Paper (IP) and Pfizer (PFE).

Ames National trades on the NASDAQ under the ticker symbol "ATLO."

Ames National's stock is owned by a number of institutional and retail investors. Top institutional investors include Fourthstone LLC (5.84%), Dimensional Fund Advisors LP (2.73%), BlackRock Inc. (1.39%), Renaissance Technologies LLC (0.74%), Susquehanna International Group LLP (0.58%) and State Street Corp (0.45%). Insiders that own company stock include Adam Snodgrass, Betty A Baudler, David W Benson, Horras Betty A Baudler, James R Larson II, James R Larson II, Jeffery C Baker, Jeffrey K Putzier, John L Pierschbacher, John Patrick Nelson, Kevin L Swartz, Lisa M Eslinger, Michael A Wilson, Michelle R Cassabaum, Patrick G Hagan, Richard Schreier, Robert A Thomas, Scott T Bauer, Stephen C Mcgill, Steven D Forth and Thomas H Pohlman.
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Shares of ATLO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATLO stock can currently be purchased for approximately $19.00.

Ames National (NASDAQ:ATLO) has a market capitalization of $170.81 million and generates $71.24 million in revenue each year. The financial services provider earns $19.29 million in net income (profit) each year or $1.93 on an earnings per share basis.

The company employs 261 workers across the globe.

Ames National's mailing address is 405 5TH STREET, AMES IA, 50010. The official website for the company is www.amesnational.com. The financial services provider can be reached via phone at (515) 232-6251, via email at investor@amesnational.com, or via fax at 515-663-3033.