Earnings results for National Bankshares (NASDAQ:NKSH)
National Bankshares, Inc. is estimated to report earnings on 04/01/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.55. The reported EPS for the same quarter last year was $0.74.
Analyst Opinion on National Bankshares (NASDAQ:NKSH)
1 Wall Street analysts have issued ratings and price targets for National Bankshares in the last 12 months. Their average twelve-month price target is $32.00, predicting that the stock has a possible downside of 9.88%. The high price target for NKSH is $32.00 and the low price target for NKSH is $32.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”
National Bankshares has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $32.00, National Bankshares has a forecasted downside of 9.9% from its current price of $35.51. National Bankshares has received no research coverage in the past 90 days.
Dividend Strength: National Bankshares (NASDAQ:NKSH)
National Bankshares is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks. National Bankshares does not have a long track record of dividend growth. The dividend payout ratio of National Bankshares is 54.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, National Bankshares will have a dividend payout ratio of 66.98% next year. This indicates that National Bankshares will be able to sustain or increase its dividend.
Insiders buying/selling: National Bankshares (NASDAQ:NKSH)
In the past three months, National Bankshares insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $33,000.00 in company stock and sold $0.00 in company stock. Only 2.39% of the stock of National Bankshares is held by insiders. Only 29.08% of the stock of National Bankshares is held by institutions.
Earnings and Valuation of National Bankshares (NASDAQ:NKSH
Earnings for National Bankshares are expected to decrease by -5.29% in the coming year, from $2.27 to $2.15 per share. The P/E ratio of National Bankshares is 14.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.89. The P/E ratio of National Bankshares is 14.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.97. National Bankshares has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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