NASDAQ:ATLOAmes National Stock Price, Forecast & News

$19.35

-0.75 (-3.73 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$19.35

Now: $19.35▼

$20.07

50-Day Range

$17.80

MA: $19.43▼

$23.15

52-Week Range

$17.25

Now: $19.35▼

$29.30

Volume16,200 shs

Average Volume14,303 shs

Market Capitalization$178.41 million

P/E Ratio10.75

Dividend Yield5.17%

Beta0.68

Ames National Corporation operates as a multi-bank holding company that provides banking services primarily in the central, north-central, and south-central Iowa counties of Boone, Clarke, Hancock, Marshall, Polk, and Story. The company offers a range of deposits, including checking, savings, and accounts; and time deposits of various types, including money market accounts and certificates of deposit. It also provides loans, such as short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, equipment loans, vehicle loans, personal loans and lines of credit, and home improvement loans, as well as agricultural and business operating loans and lines of credit; and originates mortgage loans for sale into the secondary market. In addition, the company offers cash management, merchant credit card processing, safe deposit box, wire transfer, direct deposit of payroll and social security check, and automated/video teller machine access services; and automatic drafts for various accounts, as well as trust services comprising wealth management services. Further, it provides farm management, investment, and custodial services for individuals, businesses, and non-profit organizations; and online management, mobile banking, and private banking services. The company was founded in 1903 and is based in Ames, Iowa.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

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

2.2 Community Rank

Outperform Votes
Ames National has received 94 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ames National has received 124 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ames National has received 56.88% “underperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Ames National is a leading dividend payer. It pays a dividend yield of 5.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ames National has only been increasing its dividend for 4 years.

3.0 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 $119,461.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.61% of the stock of Ames National is held by insiders.
Percentage Held by Institutions
Only 32.61% of the stock of Ames National is held by institutions.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ames National is 10.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ames National is 10.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.05.
Price to Book Value per Share Ratio
Ames National has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.75 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:ATLO

Previous Symbol

CUSIP03100110

CIK1132651

Webwww.amesnational.com

Phone515-232-6251

Debt

Debt-to-Equity Ratio0.02

Current Ratio0.79

Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio10.75

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$64.81 million

Price / Sales2.75

Cash Flow$2.13 per share

Price / Cash Flow9.10

Book Value$20.34 per share

Price / Book0.95

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$17.19 million

Net Margins24.35%

Return on Equity8.86%

Return on Assets1.02%

Miscellaneous

Employees245

Outstanding Shares9,220,000

Market Cap$178.41 million

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

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Ames National (NASDAQ:ATLO) Frequently Asked Questions

How has Ames National's stock been impacted by COVID-19 (Coronavirus)?

Ames National's stock was trading at $21.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ATLO stock has decreased by 8.5% and is now trading at $19.35. View which stocks have been most impacted by Coronavirus.

When is Ames National's next earnings date?

Ames National is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Ames National.

How were Ames National's earnings last quarter?

Ames National Co. (NASDAQ:ATLO) announced its earnings results on Wednesday, May, 6th. The financial services provider reported $0.39 EPS for the quarter. The financial services provider earned $15.68 million during the quarter. Ames National had a net margin of 24.35% and a return on equity of 8.86%. View Ames National's earnings history.

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

Ames National announced a quarterly dividend on Wednesday, February 12th. Shareholders of record on Friday, May 1st will be paid a dividend of $0.25 per share on Friday, May 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date of this dividend is Thursday, April 30th. This is an increase from Ames National's previous quarterly dividend of $0.24. View Ames National's dividend history.

Has Ames National been receiving favorable news coverage?

Headlines about ATLO stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ames National earned a coverage optimism score of -1.6 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutAmes National.

Are investors shorting Ames National?

Ames National saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 40,500 shares, a decline of 7.3% from the April 30th total of 43,700 shares. Based on an average daily volume of 20,400 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.5% of the company's stock are sold short. View Ames National's Current Options Chain.

Who are some of Ames National's key competitors?

Some companies that are related to Ames National include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), 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 Ames National own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ames National investors own include EMC Insurance Group (EMCI), International Paper (IP), AbbVie (ABBV), Automatic Data Processing (ADP), Verizon Communications (VZ), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Franklin Resources (BEN), Bassett Furniture Industries (BSET) and CenterPoint Energy (CNP).

Who are Ames National's key executives?

Ames National's management team includes the following people:

Mr. John P. Nelson, Pres, CEO & Director (Age 52)
Mr. John L. Pierschbacher CPA, CFO, Sec. & Director (Age 60)
Mr. Scott T. Bauer, Pres of First National Bank & Director of First National Bank (Age 56)
Mr. Kevin G. Deardoff, Sr. VP & Director of Technology (Age 64)
Mr. Joel P. Jacobsen, VP & Compliance Officer

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 institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (6.90%), Victory Capital Management Inc. (6.90%), BlackRock Inc. (6.46%), State Street Corp (2.07%), Geode Capital Management LLC (1.13%) and Wells Fargo & Company MN (0.21%). Company insiders that own Ames National stock include Curtis A Hoff, David W Benson, James R Larson II, John L Pierschbacher, John Patrick Nelson, Kevin G Deardorff, Lisa M Eslinger, Patrick G Hagan, Scott T Bauer and Stephen C Mcgill. View institutional ownership trends for Ames National.

Which major investors are selling Ames National stock?

ATLO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Group AG, Russell Investments Group Ltd., Deutsche Bank AG, and State Street Corp. View insider buying and selling activity for Ames National.

Which major investors are buying Ames National stock?

ATLO stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Geode Capital Management LLC, Rhumbline Advisers, BlackRock Inc., JPMorgan Chase & Co., Wells Fargo & Company MN, and Citigroup Inc.. Company insiders that have bought Ames National stock in the last two years include Curtis A Hoff, David W Benson, James R Larson II, John L Pierschbacher, John Patrick Nelson, Kevin G Deardorff, Lisa M Eslinger, Patrick G Hagan, Scott T Bauer, and Stephen C Mcgill. View insider buying and selling activity for Ames National.

How do I buy shares of Ames National?

Shares of ATLO 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 Ames National's stock price today?

One share of ATLO stock can currently be purchased for approximately $19.35.

How big of a company is Ames National?

Ames National has a market capitalization of $178.41 million and generates $64.81 million in revenue each year. Ames National employs 245 workers across the globe.

What is Ames National's official website?

The official website for Ames National is www.amesnational.com.

How can I contact Ames National?

Ames National's mailing address is 405 5TH STREET, AMES IA, 50010. The financial services provider can be reached via phone at 515-232-6251 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff