thoughts on these estimates, before EPS results? National Bankshares (NASDAQ:NKSH)

Earnings results for National Bankshares (NASDAQ:NKSH)

National Bankshares, Inc. is estimated to report earnings on 08/16/2021. 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 $0.74. The reported EPS for the same quarter last year was $0.46.

National Bankshares last announced its earnings results on July 14th, 2021. The bank reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.04. National Bankshares has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 15.9. Earnings for National Bankshares are expected to decrease by -8.84% in the coming year, from $2.94 to $2.68 per share. National Bankshares has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, August 16th, 2021 based off prior year’s report dates.

Analyst Opinion on National Bankshares (NASDAQ:NKSH)

Dividend Strength: National Bankshares (NASDAQ:NKSH)

National Bankshares is a leading dividend payer. It pays a dividend yield of 3.60%, putting its dividend yield in the top 25% of dividend-paying stocks. National Bankshares does not have a long track record of dividend growth. Based on earnings estimates, National Bankshares will have a dividend payout ratio of 52.24% 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 $134,189.00 in company stock and sold $0.00 in company stock. Only 2.56% of the stock of National Bankshares is held by insiders. Only 29.21% 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 -8.84% in the coming year, from $2.94 to $2.68 per share. The P/E ratio of National Bankshares is 15.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.61. The P/E ratio of National Bankshares is 15.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.11. 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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