First National (FXNC) Stock Price, News & Analysis

Company Overview

First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities. In addition, the company's loan products include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. Further, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Additionally, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia.

Key Stats

• Today's Range: $20.58 to $21.37
• 50-Day Range: $18.45 to $21.08
• 52-Week Range: $15.40 to $26.97
• Volume: 15,018 shs
• Average Volume: 21,875 shs
• Market Capitalization: $187.85 million
• P/E Ratio: 25.17
• Dividend Yield: 2.97%
• Price Target: $24.75
• Consensus Rating: Hold

First National Stock Analysis - MarketRank™

First National scored higher than 46% of companies evaluated by MarketBeat, and ranked 562nd out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

First National has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First National has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 6.67%

Earnings Growth

Earnings for First National are expected to grow by 6.67% in the coming year, from $2.25 to $2.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First National is 25.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of First National is 25.17, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.04.

Price to Book Value per Share Ratio

First National has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.23% of the float of First National has been sold short.

Short Interest Ratio / Days to Cover

First National has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in First National has recently increased by 10.63%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

First National pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First National has been increasing its dividend for 10 years.

Dividend Coverage

The dividend payout ratio of First National is 74.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First National will have a dividend payout ratio of 25.83% next year. This indicates that First National will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.23% of the float of First National has been sold short.

Short Interest Ratio / Days to Cover

First National has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in First National has recently increased by 10.63%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 3 news articles for First National this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, First National insiders have bought more of their company's stock than they have sold. Specifically, they have bought $39,220.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

14.32% 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 Institutions

Only 33.92% of the stock of First National is held by institutions.

FXNC Stock Analysis - Frequently Asked Questions

How have FXNC shares performed this year?

First National's stock was trading at $23.01 on January 1st, 2025. Since then, FXNC stock has decreased by 9.2% and is now trading at $20.8950.

How were First National's earnings last quarter?

First National Corp. (NASDAQ:FXNC) posted its quarterly earnings data on Thursday, February, 6th. The company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.19. First National had a net margin of 5.36% and a trailing twelve-month return on equity of 10.04%.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First National own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First National investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Adobe (ADBE).

Company Calendar

• Last Earnings: 2/06/2025
• Record date for 6/13 Dividend: 5/30/2025
• Ex-Dividend for 6/13 Dividend: 5/30/2025
• Dividend Payable: 6/13/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FXNC
• CIK: 719402
• Web: www.fbvirginia.com
• Phone: (540) 465-9121
• Fax: 540-465-5946
• Employees: 210
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.75
• High Stock Price Target: $28.50
• Low Stock Price Target: $21.00
• Potential Upside/Downside: +18.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.83
• Trailing P/E Ratio: 25.17
• Forward P/E Ratio: 9.29
• P/E Growth: N/A
• Net Income: $6.97 million
• Net Margins: 5.36%
• Pretax Margin: 5.94%
• Return on Equity: 10.04%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.90
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $92.70 million
• Price / Sales: 2.03
• Cash Flow: $1.84 per share
• Price / Cash Flow: 11.38
• Book Value: $18.57 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 8,990,000
• Free Float: 7,700,000
• Market Cap: $187.85 million
• Optionable: Not Optionable
• Beta: 0.49