NASDAQ:NKSHNational Bankshares Stock Price, Forecast & News

$33.72

+2.08 (+6.57 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$32.86

Now: $33.72▼

$34.00

50-Day Range

$25.99

MA: $28.49▼

$34.30

52-Week Range

$25.69

Now: $33.72▼

$48.82

Volume10,123 shs

Average Volume12,434 shs

Market Capitalization$218.84 million

P/E Ratio12.92

Dividend Yield4.24%

Beta0.54

National Bankshares, Inc. operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, and individual retirement accounts. Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties. The company also provides business and consumer debit and credit cards; letters of credit, night depository, safe deposit boxes, utility payment services, and automatic funds transfer; wealth management, trust, and estate services for individual and business customers; non-deposit investment and insurance products; and telephone, mobile, and Internet banking services. As of February 22, 2018, it operated 24 branch offices, a loan production office, and 24 automated teller machines in Southwest Virginia. National Bankshares, Inc. was founded in 1891 and is headquartered in Blacksburg, Virginia.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
National Bankshares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.00, National Bankshares has a potential downside of 5.1% from its current price of $33.72.
Amount of Analyst Coverage
National Bankshares has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
National Bankshares has received 101 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
National Bankshares has received 146 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
National Bankshares has received 59.11% “underperform” votes from our community.

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

5.0 Dividend Strength

Dividend Leadership
National Bankshares is a leading dividend payer. It pays a dividend yield of 4.24%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
National Bankshares has been increasing its dividend for 18 years.
Dividend Coverage
The dividend payout ratio of National Bankshares is 50.57 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, National Bankshares will have a dividend payout ratio of 64.11 % next year. This indicates that National Bankshares will be able to sustain or increase its dividend.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, National Bankshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $113,354.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.39% of the stock of National Bankshares is held by insiders.
Percentage Held by Institutions
Only 31.01% of the stock of National Bankshares is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for National Bankshares are expected to grow by 14.84% in the coming year, from $1.82 to $2.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Bankshares is 12.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Bankshares is 12.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.86.
Price to Book Value per Share Ratio
National Bankshares has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.63 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:NKSH

Previous Symbol

CUSIP63486510

CIK796534

Webwww.nationalbankshares.com

Phone540-951-6300

Debt

Debt-to-Equity RatioN/A

Current Ratio0.73

Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio12.92

Forward P/E Ratio18.53

P/E GrowthN/A

Sales & Book Value

Annual Sales$53.94 million

Price / Sales4.06

Cash Flow$3.02 per share

Price / Cash Flow11.15

Book Value$28.31 per share

Price / Book1.19

Profitability

EPS (Most Recent Fiscal Year)$2.65

Net Income$17.47 million

Net Margins31.58%

Return on Equity9.10%

Return on Assets1.31%

Miscellaneous

Employees235

Outstanding Shares6,490,000

Market Cap$218.84 million

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

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National Bankshares (NASDAQ:NKSH) Frequently Asked Questions

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

National Bankshares' stock was trading at $30.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NKSH shares have increased by 12.4% and is now trading at $33.72. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of National Bankshares?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Bankshares in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for National Bankshares.

When is National Bankshares' next earnings date?

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

How were National Bankshares' earnings last quarter?

National Bankshares Inc. (NASDAQ:NKSH) issued its quarterly earnings results on Thursday, April, 23rd. The bank reported $0.61 EPS for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.02. National Bankshares had a return on equity of 9.10% and a net margin of 31.58%. View National Bankshares' earnings history.

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

National Bankshares declared a semi-annual dividend on Friday, May 15th. Shareholders of record on Monday, May 25th will be paid a dividend of $0.67 per share on Monday, June 1st. This represents a dividend yield of 5%. The ex-dividend date is Thursday, May 21st. View National Bankshares' dividend history.

What price target have analysts set for NKSH?

2 brokerages have issued 1-year price targets for National Bankshares' stock. Their forecasts range from $32.00 to $32.00. On average, they expect National Bankshares' stock price to reach $32.00 in the next year. This suggests that the stock has a possible downside of 5.1%. View analysts' price targets for National Bankshares.

Has National Bankshares been receiving favorable news coverage?

Media headlines about NKSH stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. National Bankshares earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutNational Bankshares.

Are investors shorting National Bankshares?

National Bankshares saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 30,700 shares, a drop of 17.7% from the April 15th total of 37,300 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.5% of the company's stock are sold short. View National Bankshares' Current Options Chain.

Who are some of National Bankshares' key competitors?

Some companies that are related to National Bankshares 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), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC). View all competitors.

What other stocks do shareholders of National Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National Bankshares investors own include Walt Disney (DIS), Consolidated Edison (ED), Enbridge (ENB), AbbVie (ABBV), Enterprise Products Partners (EPD), Gilead Sciences (GILD), Huntington Bancshares (HBAN), Invesco (IVZ), KeyCorp (KEY) and Main Street Capital (MAIN).

Who are National Bankshares' key executives?

National Bankshares' management team includes the following people:

Mr. F. Brad Denardo, Pres, CEO & Director (Age 66)
Mr. David K. Skeens, Treasurer & CFO (Age 52)
Ms. Lara E. Ramsey, Sr. VP of Admin. & Corp. Sec. (Age 50)
Ms. Shelby Evans, VP of Compliance
Mr. Paul M. Mylum, Sr. VP & Chief Lending Officer of The National Bank of Blacksburg (Age 51)

What is National Bankshares' stock symbol?

National Bankshares trades on the NASDAQ under the ticker symbol "NKSH."

Who are National Bankshares' major shareholders?

National Bankshares' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.14%), State Street Corp (1.85%), Dalton Greiner Hartman Maher & Co. (1.66%), Geode Capital Management LLC (1.38%), Bank of New York Mellon Corp (0.78%) and Nuveen Asset Management LLC (0.39%). Company insiders that own National Bankshares stock include Charles E Green III, F Brad Denardo, Jack M Lewis, John Elliott Dooley, Lawrence J Ball, Mary G Miller, Mildred R Johnson and Norman V Fitzwater III. View institutional ownership trends for National Bankshares.

Which major investors are selling National Bankshares stock?

NKSH stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, BlackRock Inc., UBS Group AG, and Bank of New York Mellon Corp. View insider buying and selling activity for National Bankshares.

Which major investors are buying National Bankshares stock?

NKSH stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dalton Greiner Hartman Maher & Co., Advisor Group Holdings Inc., Geode Capital Management LLC, JPMorgan Chase & Co., Wealthcare Advisory Partners LLC, Rhumbline Advisers, and Wells Fargo & Company MN. Company insiders that have bought National Bankshares stock in the last two years include Charles E Green III, F Brad Denardo, Jack M Lewis, John Elliott Dooley, Lawrence J Ball, Mary G Miller, Mildred R Johnson, and Norman V Fitzwater III. View insider buying and selling activity for National Bankshares.

How do I buy shares of National Bankshares?

Shares of NKSH 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 National Bankshares' stock price today?

One share of NKSH stock can currently be purchased for approximately $33.72.

How big of a company is National Bankshares?

National Bankshares has a market capitalization of $218.84 million and generates $53.94 million in revenue each year. The bank earns $17.47 million in net income (profit) each year or $2.65 on an earnings per share basis. National Bankshares employs 235 workers across the globe.

What is National Bankshares' official website?

The official website for National Bankshares is www.nationalbankshares.com.

How can I contact National Bankshares?

National Bankshares' mailing address is 101 HUBBARD STREET, BLACKSBURG VA, 24062. The bank can be reached via phone at 540-951-6300 or via email at [email protected]

This page was last updated on 6/7/2020 by MarketBeat.com Staff