Access National (ANCX) Scheduled to Post Earnings on Monday

Access National (NASDAQ:ANCX) will be releasing its earnings data after the market closes on Monday, January 29th. Analysts expect Access National to post earnings of $0.41 per share for the quarter.

Access National (NASDAQ:ANCX) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.04. Access National had a return on equity of 8.24% and a net margin of 13.61%. On average, analysts expect Access National to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Access National (NASDAQ:ANCX) opened at $29.27 on Monday. Access National has a 52-week low of $24.36 and a 52-week high of $33.18. The stock has a market capitalization of $598.66, a price-to-earnings ratio of 31.14 and a beta of 0.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.90 and a quick ratio of 0.89.

ANCX has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Access National from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a research report on Friday, October 27th. Stephens initiated coverage on Access National in a research report on Thursday, November 16th. They issued an “overweight” rating and a $31.00 price target for the company. Raymond James Financial upgraded Access National from a “market perform” rating to an “outperform” rating and set a $31.00 price target for the company in a research report on Thursday, October 26th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $30.00 price target on shares of Access National in a research report on Sunday, November 5th. Finally, BidaskClub cut Access National from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $31.00.

In other news, insider Mark D. Moore purchased 3,972 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was acquired at an average price of $27.84 per share, for a total transaction of $110,580.48. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders bought 4,744 shares of company stock valued at $132,073. Company insiders own 14.23% of the company’s stock.

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Access National Company Profile

Access National Corporation is a bank holding company. The Company operates through its subsidiary, Access National Bank (the Bank). The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals and associated individuals.

Earnings History for Access National (NASDAQ:ANCX)

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