Does Earnings Surprise History Hold Any Clue for National Bank (NYSE:NBHC)

Earnings results for National Bank (NYSE:NBHC)

National Bank Holdings Corporation is estimated to report earnings on 10/19/2021. 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 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.63. The reported EPS for the same quarter last year was $0.91.

National Bank last issued its quarterly earnings results on July 25th, 2021. The financial services provider reported $0.78 EPS for the quarter, topping the consensus estimate of $0.70 by $0.08. The business had revenue of $70.13 million for the quarter, compared to the consensus estimate of $73.48 million. National Bank has generated $2.91 earnings per share over the last year ($3.40 diluted earnings per share) and currently has a price-to-earnings ratio of 12.5. Earnings for National Bank are expected to decrease by -11.83% in the coming year, from $2.79 to $2.46 per share. National Bank has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, October 19th, 2021 based off prior year’s report dates.

Analyst Opinion on National Bank (NYSE:NBHC)

According to the issued ratings of 2 analysts in the last year, the consensus rating for National Bank stock is Buy based on the current 2 buy ratings for NBHC. The average twelve-month price target for National Bank is $45.00 with a high price target of $50.00 and a low price target of $40.00.

on NBHC’s analyst rating history

National Bank has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $45.00, National Bank has a forecasted upside of 6.2% from its current price of $42.38. National Bank has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: National Bank (NYSE:NBHC)

National Bank pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends. National Bank has only been increasing its dividend for 1 years. The dividend payout ratio of National Bank is 30.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, National Bank will have a dividend payout ratio of 35.77% next year. This indicates that National Bank will be able to sustain or increase its dividend.

Insiders buying/selling: National Bank (NYSE:NBHC)

In the past three months, National Bank insiders have not sold or bought any company stock. Only 4.80% of the stock of National Bank is held by insiders. 96.63% of the stock of National Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of National Bank (NYSE:NBHC

Earnings for National Bank are expected to decrease by -11.83% in the coming year, from $2.79 to $2.46 per share. The P/E ratio of National Bank is 12.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.68. The P/E ratio of National Bank is 12.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.51. National Bank has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here