Equities research analysts predict that American River Bankshares (NASDAQ:AMRB) will post sales of $5.90 million for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for American River Bankshares’ earnings. American River Bankshares posted sales of $5.11 million during the same quarter last year, which would indicate a positive year over year growth rate of 15.5%. The firm is expected to report its next quarterly earnings report on Thursday, April 18th.

On average, analysts expect that American River Bankshares will report full year sales of $24.30 million for the current fiscal year. For the next year, analysts forecast that the firm will post sales of $26.45 million, with estimates ranging from $26.10 million to $26.80 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for American River Bankshares.

American River Bankshares (NASDAQ:AMRB) last released its quarterly earnings data on Thursday, January 24th. The financial services provider reported $0.19 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.04). The company had revenue of $5.92 million during the quarter, compared to analyst estimates of $5.80 million. American River Bankshares had a net margin of 20.63% and a return on equity of 6.81%.

Several research firms have recently commented on AMRB. Zacks Investment Research raised American River Bankshares from a “sell” rating to a “hold” rating in a report on Friday, November 30th. Raymond James raised American River Bankshares from an “underperform” rating to a “market perform” rating in a report on Monday, October 22nd. They noted that the move was a valuation call. Finally, TheStreet raised American River Bankshares from a “c+” rating to a “b” rating in a report on Thursday, October 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. American River Bankshares currently has a consensus rating of “Hold” and a consensus target price of $18.00.

In other American River Bankshares news, Director Kimberly Ann Box purchased 2,900 shares of the business’s stock in a transaction on Friday, November 9th. The stock was acquired at an average price of $15.15 per share, with a total value of $43,935.00. Following the acquisition, the director now directly owns 19,879 shares of the company’s stock, valued at approximately $301,166.85. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 10.10% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Macquarie Group Ltd. acquired a new stake in American River Bankshares during the 2nd quarter valued at $108,000. Renaissance Technologies LLC acquired a new stake in American River Bankshares during the 2nd quarter valued at $201,000. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its holdings in American River Bankshares by 18.5% during the 4th quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 18,588 shares of the financial services provider’s stock valued at $257,000 after purchasing an additional 2,900 shares during the last quarter. Finally, Siena Capital Partners GP LLC lifted its holdings in American River Bankshares by 13.1% during the 3rd quarter. Siena Capital Partners GP LLC now owns 196,532 shares of the financial services provider’s stock valued at $3,011,000 after purchasing an additional 22,717 shares during the last quarter. 50.06% of the stock is owned by institutional investors and hedge funds.

NASDAQ AMRB opened at $13.47 on Monday. The company has a market capitalization of $79.05 million, a PE ratio of 16.23 and a beta of 0.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.59 and a quick ratio of 0.59. American River Bankshares has a 12 month low of $10.50 and a 12 month high of $17.50.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 13th. Shareholders of record on Wednesday, January 30th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Tuesday, January 29th. American River Bankshares’s dividend payout ratio is 24.10%.

American River Bankshares Company Profile

American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals in California, the United States. The company accepts checking and savings deposits; and offers money market deposit accounts and certificates of deposit.

Read More: How to interpret the current ratio

Get a free copy of the Zacks research report on American River Bankshares (AMRB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for American River Bankshares (NASDAQ:AMRB)

Receive News & Ratings for American River Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American River Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.