American National BankShares (NASDAQ:AMNB) is set to release its earnings data after the market closes on Wednesday, January 17th. Analysts expect American National BankShares to post earnings of $0.54 per share for the quarter.

American National BankShares (NASDAQ:AMNB) last released its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.03. American National BankShares had a net margin of 23.04% and a return on equity of 8.39%. The company had revenue of $18.14 million for the quarter, compared to analysts’ expectations of $17.56 million. On average, analysts expect American National BankShares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of American National BankShares (NASDAQ AMNB) opened at $38.30 on Wednesday. American National BankShares has a 12 month low of $33.80 and a 12 month high of $42.99. The stock has a market cap of $325.14, a PE ratio of 19.25 and a beta of 0.75. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18.

The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were paid a dividend of $0.25 per share. This is a boost from American National BankShares’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend was Thursday, November 30th. American National BankShares’s dividend payout ratio (DPR) is currently 50.25%.

In related news, Director Charles H. Majors sold 907 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $39.50, for a total value of $35,826.50. Following the sale, the director now directly owns 54,902 shares of the company’s stock, valued at $2,168,629. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director F D. Hornaday III sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $40.31, for a total transaction of $60,465.00. The disclosure for this sale can be found here. Insiders sold 4,500 shares of company stock worth $179,052 over the last three months. Corporate insiders own 6.39% of the company’s stock.

Several research firms have issued reports on AMNB. Zacks Investment Research raised shares of American National BankShares from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research note on Tuesday. ValuEngine raised shares of American National BankShares from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. BidaskClub cut shares of American National BankShares from a “hold” rating to a “sell” rating in a research note on Friday, December 29th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $39.00 price target on shares of American National BankShares in a research note on Tuesday, October 3rd. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of American National BankShares in a research note on Friday, October 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. American National BankShares has a consensus rating of “Hold” and a consensus price target of $40.50.

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American National BankShares Company Profile

American National Bankshares Inc is a one-bank holding company. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The Company operates through two segments: community banking, and trust and investment services. The Community banking segment involves making loans to and generating deposits from individuals and businesses.

Earnings History for American National BankShares (NASDAQ:AMNB)

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