NASDAQ:FXNC First National (FXNC) Stock Forecast, Price & News $15.50 +0.12 (+0.78%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$15.30▼$16.0150-Day Range$13.70▼$15.9852-Week Range$13.13▼$20.50Volume10,935 shsAverage Volume8,019 shsMarket Capitalization$97.34 millionP/E Ratio5.76Dividend Yield3.87%Price Target$21.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media First National MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside38.7% Upside$21.50 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-12.55%From $2.31 to $2.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.56 out of 5 starsFinance Sector347th out of 873 stocksState Commercial Banks Industry102nd out of 181 stocks 3.5 Analyst's Opinion Consensus RatingFirst National has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.50, First National has a forecasted upside of 38.7% from its current price of $15.50.Amount of Analyst CoverageFirst National has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for FXNC. Previous Next 4.2 Dividend Strength Dividend LeadershipFirst National is a leading dividend payer. It pays a dividend yield of 3.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst National has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of First National is 22.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First National will have a dividend payout ratio of 29.70% next year. This indicates that First National will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FXNC. Previous Next 1.3 News and Social Media Coverage News SentimentFirst National has a news sentiment score of 0.27. 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 is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for First National this week, compared to 1 article on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First National insiders have not sold or bought any company stock.Percentage Held by Insiders16.48% of the stock of First National is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 33.76% of the stock of First National is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for First National are expected to decrease by -12.55% in the coming year, from $2.31 to $2.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First National is 5.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.97.Price to Earnings Ratio vs. SectorThe P/E ratio of First National is 5.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.84.Price to Book Value per Share RatioFirst National has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First National (NASDAQ:FXNC) StockFirst National Corp. operates as a bank holding company, which engages in the provision of consumer and business banking services through its subsidiary. It offers savings, checking, mortgage lending, home equity, treasury management, construction loan, commercial mortgage, and rental properties. The company was founded on September 7, 1983 and is headquartered in Strasburg, VA.Read More Receive FXNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First National and its competitors with MarketBeat's FREE daily newsletter. Email Address FXNC Stock News HeadlinesJune 1, 2023 | finance.yahoo.comFXNC - First National CorporationMay 23, 2023 | americanbankingnews.comFirst National Co. (FXNC) to Issue Quarterly Dividend of $0.15 on June 9thJune 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 15, 2023 | finance.yahoo.comFirst National (NASDAQ:FXNC) Will Pay A Dividend Of $0.15May 13, 2023 | msn.comFirst National (FXNC) Declares $0.15 DividendMay 4, 2023 | msn.comPacWest and First Horizon plummet 40% as banking-industry nerves spur speculation of further consolidationMay 1, 2023 | msn.comFirst Republic Bank Is Almost Down. JPMorgan or PNC May Be Its BuyersApril 30, 2023 | msn.comPNC, JPM putting in final bids for First Republic in FDIC auction -sourcesJune 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...April 29, 2023 | msn.comJPMorgan, PNC Bid to Buy First Republic as Part of FDIC TakeoverApril 28, 2023 | msn.comStephens & Co. Reiterates First Bancshares Inc Miss (FBMS) Overweight RecommendationApril 26, 2023 | finance.yahoo.comFirst National Corporation Reports First Quarter 2023 Financial ResultsApril 26, 2023 | finance.yahoo.comFirst National Corp. (FXNC) Q1 Earnings Top EstimatesApril 14, 2023 | markets.businessinsider.comPNC REPORTS FIRST QUARTER 2023 NET INCOME OF $1.7 BILLION, $3.98 DILUTED EPSApril 13, 2023 | news.yahoo.comAustin tech giant National Instruments reaches deal to be acquired for $8.2 billionApril 12, 2023 | msn.comEmerson Electric to buy National Instruments for $8.2 billion to deepen automation pushApril 12, 2023 | msn.comEmerson confirms plan to buy National Instruments in $8.2 bln dealMarch 27, 2023 | bizjournals.com5 things to know about First Citizen's acquisition of Silicon Valley BankMarch 27, 2023 | bloomberg.comFirst Citizens’ Stock Surge Leaves FDIC Already in the MoneyMarch 27, 2023 | bizjournals.comRaleigh's First Citizens to acquire Silicon Valley BankMarch 27, 2023 | finance.yahoo.comFirst National (NASDAQ:FXNC) shareholders have endured a 21% loss from investing in the stock a year agoMarch 24, 2023 | msn.comFTSE 100 Live: ‘Worries about contagion are rearing up’ as Deutsche Bank tumbles, retail sales riseMarch 21, 2023 | theguardian.com‘Historic moment’ for nature as Europe’s first wild river national park announced in AlbaniaMarch 16, 2023 | thetimes.co.ukThe surprisingly inspiring places you can buy a Greggs sausage rollMarch 15, 2023 | finance.yahoo.comSeacoast Banking (SBCF) Surges 15.2%: Is This an Indication of Further Gains?March 6, 2023 | nj.comN.J. secretary of state is first Black to lead national organization during fight for voting rightsMarch 6, 2023 | finance.yahoo.comIs Now The Time To Put First National (NASDAQ:FXNC) On Your Watchlist?See More Headlines FXNC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FXNC Company Calendar Ex-Dividend for 3/10 Dividend2/23/2023Dividend Payable3/10/2023Last Earnings4/26/2023Ex-Dividend for 6/9 Dividend5/25/2023Today6/03/2023Dividend Payable6/09/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:FXNC CUSIPN/A CIK719402 Webwww.fbvirginia.com Phone(540) 465-9121Fax540-465-5946Employees150Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.50 High Stock Price Forecast$21.50 Low Stock Price Forecast$21.50 Forecasted Upside/Downside+38.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.69 Trailing P/E Ratio5.76 Forward P/E Ratio6.71 P/E GrowthN/ANet Income$16.80 million Net Margins26.18% Pretax Margin32.33% Return on Equity16.13% Return on Assets1.22% Debt Debt-to-Equity Ratio0.13 Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$62.04 million Price / Sales1.57 Cash Flow$2.95 per share Price / Cash Flow5.25 Book Value$17.80 per share Price / Book0.87Miscellaneous Outstanding Shares6,280,000Free Float5,247,000Market Cap$97.34 million OptionableNot Optionable Beta0.57 Key ExecutivesScott C. HarvardPresident, Chief Executive Officer & DirectorDennis A. DysartChief Operating Officer & Senior Executive VPMichael Shane BellChief Financial Officer & Executive Vice PresidentGerald F. SmithVice Chairman & SecretaryKey CompetitorsCommunity West BancsharesNASDAQ:CWBCFirst Financial NorthwestNASDAQ:FFNWSB Financial GroupNASDAQ:SBFGCB Financial ServicesNASDAQ:CBFVPeoples Bancorp of North CarolinaNASDAQ:PEBKView All CompetitorsInstitutional OwnershipFourthstone LLCSold 12,278 shares on 5/16/2023Ownership: 9.742%Graves Light Lenhart Wealth Inc.Sold 8,750 shares on 5/16/2023Ownership: 1.236%Coppell Advisory Solutions LLCSold 18,941 shares on 5/10/2023Ownership: 0.442%View All Institutional Transactions FXNC Stock - Frequently Asked Questions Should I buy or sell First National stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First National in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FXNC shares. View FXNC analyst ratings or view top-rated stocks. What is First National's stock price forecast for 2023? 1 brokerages have issued 1-year price objectives for First National's shares. Their FXNC share price forecasts range from $21.50 to $21.50. On average, they anticipate the company's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 38.7% from the stock's current price. View analysts price targets for FXNC or view top-rated stocks among Wall Street analysts. How have FXNC shares performed in 2023? First National's stock was trading at $17.13 at the beginning of the year. Since then, FXNC stock has decreased by 9.5% and is now trading at $15.50. View the best growth stocks for 2023 here. When is First National's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our FXNC earnings forecast. How were First National's earnings last quarter? First National Co. (NASDAQ:FXNC) issued its quarterly earnings data on Wednesday, April, 26th. The company reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.05. The company had revenue of $13.95 million for the quarter, compared to the consensus estimate of $14.10 million. First National had a trailing twelve-month return on equity of 16.13% and a net margin of 26.18%. How often does First National pay dividends? What is the dividend yield for First National? First National announced a quarterly dividend on Wednesday, May 10th. Shareholders of record on Friday, May 26th will be given a dividend of $0.15 per share on Friday, June 9th. This represents a $0.60 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date is Thursday, May 25th. Read our dividend analysis for FXNC. Is First National a good dividend stock? First National (NASDAQ:FXNC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.90%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 22.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FXNC will have a dividend payout ratio of 29.70% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FXNC. What is First National's stock symbol? First National trades on the NASDAQ under the ticker symbol "FXNC." Who are First National's major shareholders? First National's stock is owned by many different institutional and retail investors. Top institutional shareholders include Fourthstone LLC (9.74%), Graves Light Lenhart Wealth Inc. (1.24%) and Coppell Advisory Solutions LLC (0.44%). View institutional ownership trends. How do I buy shares of First National? Shares of FXNC 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 First National's stock price today? One share of FXNC stock can currently be purchased for approximately $15.50. How much money does First National make? First National (NASDAQ:FXNC) has a market capitalization of $97.34 million and generates $62.04 million in revenue each year. The company earns $16.80 million in net income (profit) each year or $2.69 on an earnings per share basis. How many employees does First National have? The company employs 150 workers across the globe. How can I contact First National? First National's mailing address is 112 WEST KING STREET, STRASBURG VA, 22657. The official website for the company is www.fbvirginia.com. The company can be reached via phone at (540) 465-9121, via email at sbell@fbvirginia.com, or via fax at 540-465-5946. This page (NASDAQ:FXNC) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First National Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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