Somewhat Favorable Press Coverage Somewhat Unlikely to Affect National Bankshares (NKSH) Share Price
News headlines about National Bankshares (NASDAQ:NKSH) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. National Bankshares earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 45.3333271750243 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- National Bankshares, Inc. breached its 50 day moving average in a Bearish Manner : NKSH-US : December 11, 2017 (finance.yahoo.com)
- Pre-market Technical Scan on Banking Equities — United Bankshares, Citizens Financial, BankUnited, and Synovus Financial (prnewswire.com)
- Talladega’s Chad Jones named to Board of Directors for First National Bankers Bankshares, Inc. (annistonstar.com)
- The First Bancshares, Inc. Announces the Acquisition of Sunshine Financial, Inc. (businesswire.com)
National Bankshares (NASDAQ:NKSH) opened at $46.30 on Thursday. The firm has a market cap of $316.94, a price-to-earnings ratio of 22.00 and a beta of 0.31. National Bankshares has a 1-year low of $36.05 and a 1-year high of $47.65.
National Bankshares (NASDAQ:NKSH) last announced its quarterly earnings results on Friday, October 27th. The bank reported $0.54 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.01). The company had revenue of $11.88 million during the quarter. National Bankshares had a net margin of 28.45% and a return on equity of 7.90%.
The business also recently declared a Semi-Annual dividend, which was paid on Friday, December 1st. Shareholders of record on Monday, November 20th were issued a $0.61 dividend. This represents a dividend yield of 2.79%. The ex-dividend date of this dividend was Friday, November 17th. This is a positive change from National Bankshares’s previous Semi-Annual dividend of $0.55. National Bankshares’s dividend payout ratio (DPR) is 58.94%.
NKSH has been the subject of several recent analyst reports. Sandler O’Neill set a $40.00 target price on shares of National Bankshares and gave the stock a “hold” rating in a research note on Tuesday, August 29th. TheStreet lowered shares of National Bankshares from a “b” rating to a “c+” rating in a report on Wednesday, August 16th.
In related news, Director Glenn P. Reynolds sold 1,000 shares of National Bankshares stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $44.01, for a total transaction of $44,010.00. Following the transaction, the director now owns 5,144 shares in the company, valued at approximately $226,387.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.68% of the stock is owned by company insiders.
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About National Bankshares
National Bankshares, Inc is a financial holding company. The Company conducts its operations through its community bank subsidiary, the National Bank of Blacksburg (NBB or the Bank). NBB offers a range of retail and commercial banking services to individuals, businesses, non-profits and local governments.
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