NASDAQ:ATLO

Ames National (ATLO) Stock Forecast, Price & News

$19.03

+0.27 (+1.44%)

(As of 06/7/2023 ET)

Compare

Today's Range: $18.87
▼
$19.10
50-Day Range: $17.78
▼
$20.80
52-Week Range: $17.67
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$25.00

Volume: 22,956 shs
Average Volume: 27,226 shs
Market Capitalization: $171.08 million

P/E Ratio: 9.86
Dividend Yield: 5.68%
Price Target: N/A

Ames National MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.44% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.67
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$64,528 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Finance Sector

179th out of 859 stocks

National Commercial Banks Industry

29th out of 85 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ames National.

5.0

Short Interest

Percentage of Shares Shorted
1.44% of the float of Ames National has been sold short.
Short Interest Ratio / Days to Cover
Ames National has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ames National has recently decreased by 9.96%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Leadership
Ames National is a leading dividend payer. It pays a dividend yield of 5.85%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ames National has been increasing its dividend for 13 years.
Dividend Coverage
The dividend payout ratio of Ames National is 55.96%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ATLO.

2.6

News and Social Media Coverage

News Sentiment
Ames National has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Ames National this week, compared to 1 article on an average week.
MarketBeat Follows
5 people have added Ames National to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ames National insiders have bought more of their company's stock than they have sold. Specifically, they have bought $64,528.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.12% of the stock of Ames National is held by insiders.
Percentage Held by Institutions
Only 21.20% of the stock of Ames National is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ames National is 9.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ames National is 9.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.14.
Price to Book Value per Share Ratio
Ames National has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ames National (NASDAQ:ATLO) Stock

Ames National Corp. is a bank holding company, which engages in the provision of banking services through its subsidiaries. Its activities include personal, business, agricultural and commercial lending, management of the investment securities portfolio, deposit account services, and wealth management services. The company was founded on January 21, 1975 and is headquartered in Ames, IA.

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ATLO Stock News Headlines

May 20, 2023 | americanbankingnews.com

Ames National (NASDAQ:ATLO) Coverage Initiated at StockNews.com

May 16, 2023 | msn.com

Ames National (ATLO) Declares $0.27 Dividend

June 8, 2023 | Behind the Markets (Ad)

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May 16, 2023 | americanbankingnews.com

Ames National Co. (NASDAQ:ATLO) President John Patrick Nelson Purchases 1,003 Shares of Stock

May 12, 2023 | americanbankingnews.com

Ames National Co. (NASDAQ:ATLO) Short Interest Up 48.8% in April

May 10, 2023 | sfgate.com

Ames National: Q1 Earnings Snapshot

May 8, 2023 | news.yahoo.com

Who should be the Ames Tribune Athlete of the Week for April 30-May 6?

May 6, 2023 | seekingalpha.com

ATLO Ames National Corporation

June 8, 2023 | Behind the Markets (Ad)

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May 5, 2023 | americanbankingnews.com

Ames National (NASDAQ:ATLO) Downgraded by StockNews.com to "Sell"

April 26, 2023 | americanbankingnews.com

Ames National Co. to Issue Quarterly Dividend of $0.27 (NASDAQ:ATLO)

April 26, 2023 | americanbankingnews.com

Ames National (NASDAQ:ATLO) Downgraded by StockNews.com

April 23, 2023 | americanbankingnews.com

Analyzing UMB Financial (NASDAQ:UMBF) and Ames National (NASDAQ:ATLO)

April 17, 2023 | americanbankingnews.com

Short Interest in Ames National Co. (NASDAQ:ATLO) Expands By 48.0%

April 5, 2023 | finance.yahoo.com

Ames National (NASDAQ:ATLO) Is Paying Out A Dividend Of $0.27

April 1, 2023 | americanbankingnews.com

Ames National Co. (NASDAQ:ATLO) Short Interest Update

March 17, 2023 | finance.yahoo.com

Ames National (NASDAQ:ATLO) Has Announced A Dividend Of $0.27

February 28, 2023 | msn.com

Director of Ames National Laboratory at Iowa State University will step down from top role

January 26, 2023 | finance.yahoo.com

Ames National Corporation (NASDAQ:ATLO) Pays A US$0.27 Dividend In Just Four Days

January 25, 2023 | seekingalpha.com

Ames National: Reliable Income Stream From A Small Community Bank

January 23, 2023 | finance.yahoo.com

Ames National Full Year 2022 Earnings: EPS: US$2.14 (vs US$2.62 in FY 2021)

January 20, 2023 | msn.com

Ames National GAAP EPS of $0.49, revenue of $15.26M

January 20, 2023 | apnews.com

Ames National: Q4 Earnings Snapshot

January 20, 2023 | finance.yahoo.com

Ames National Corporation Announces Earnings for the Fourth Quarter of 2022

January 17, 2023 | reuters.com

ATLO.PH - | Stock Price & Latest News | Reuters

January 16, 2023 | chicago.suntimes.com

No. 1 goes down: Kenwood beats Simeon for the first time in history

January 16, 2023 | finance.yahoo.com

Investors in Ames National (NASDAQ:ATLO) have made a return of 1.4% over the past five years

See More Headlines

ATLO Price History

30 days | 90 days | 365 days | Advanced Chart

ATLO Company Calendar

Last Earnings: 1/17/2014
Ex-Dividend for 5/15 Dividend: 4/28/2023
Dividend Payable: 5/15/2023
Today: 6/07/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: National commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:ATLO
CUSIP: 03100110
CIK: 1132651
Web: www.amesnational.com
Phone: (515) 232-6251
Fax: 515-663-3033
Employees: 261
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.93
Trailing P/E Ratio: 9.86
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $19.29 million
Net Margins: 23.42%
Pretax Margin: 30.48%
Return on Equity: 11.51%
Return on Assets: 0.81%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.66
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $71.24 million
Price / Sales: 2.40
Cash Flow: $2.53 per share
Price / Cash Flow: 7.53
Book Value: $16.58 per share
Price / Book: 1.15

Miscellaneous

Outstanding Shares: 8,990,000
Free Float: 8,532,000
Market Cap: $171.08 million
Optionable: Not Optionable
Beta: 0.52

Key Executives

John Patrick Nelson
President, Chief Executive Officer & Director

John L. Pierschbacher
Chief Financial Officer, Secretary, & Director

Timothy J. Lupardus
Chief Information Officer

Matthew R. Hackbart
Vice President-Technology

Jennifer J. Hanson
Vice President & Director-Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ATLO Stock - Frequently Asked Questions

How have ATLO shares performed in 2023?: Ames National's stock was trading at $23.61 at the beginning of 2023. Since then, ATLO stock has decreased by 19.4% and is now trading at $19.03.
View the best growth stocks for 2023 here.
Are investors shorting Ames National?: Ames National saw a decrease in short interest in May. As of May 15th, there was short interest totaling 126,600 shares, a decrease of 10.0% from the April 30th total of 140,600 shares. Based on an average daily volume of 32,400 shares, the short-interest ratio is presently 3.9 days. Approximately 1.4% of the company's stock are short sold.
View Ames National's Short Interest.
When is Ames National's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our ATLO earnings forecast.
How were Ames National's earnings last quarter?: Ames National Co. (NASDAQ:ATLO) released its 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%.
How often does Ames National pay dividends? What is the dividend yield for Ames National?: Ames National announced a quarterly dividend on Wednesday, May 10th. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date of this dividend is Monday, July 31st.
Read our dividend analysis for ATLO.
Is Ames National a good dividend stock?: 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.
What is John Nelson's approval rating as Ames National's CEO?: 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.

What other stocks do shareholders of Ames National own?: 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).
What is Ames National's stock symbol?: Ames National trades on the NASDAQ under the ticker symbol "ATLO."
Who are Ames National's major shareholders?: Ames National's stock is owned by a number of retail and institutional investors. Top institutional shareholders 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.
View institutional ownership trends.
How do I buy shares of Ames National?: 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.
Compare Top Brokerages Here.
What is Ames National's stock price today?: One share of ATLO stock can currently be purchased for approximately $19.03.
How much money does Ames National make?: Ames National (NASDAQ:ATLO) has a market capitalization of $171.08 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.
How many employees does Ames National have?: The company employs 261 workers across the globe.
How can I contact Ames National?: 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.

This page (NASDAQ:ATLO) was last updated on 6/8/2023 by MarketBeat.com Staff

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