News headlines about National Bank (NYSE:NBHC) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. National Bank earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 47.5278372219778 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
A number of analysts recently commented on NBHC shares. BidaskClub downgraded shares of National Bank from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $37.00 target price on shares of National Bank in a report on Friday, December 22nd. Zacks Investment Research downgraded shares of National Bank from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 24th. Finally, Hovde Group set a $35.00 price target on shares of National Bank and gave the company a “hold” rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $35.83.
National Bank (NYSE NBHC) traded up $0.62 during mid-day trading on Friday, hitting $32.71. 185,637 shares of the stock were exchanged, compared to its average volume of 124,893. National Bank has a twelve month low of $30.10 and a twelve month high of $37.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market capitalization of $878.20, a price-to-earnings ratio of 62.91, a P/E/G ratio of 1.73 and a beta of 0.72.
National Bank (NYSE:NBHC) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.03. National Bank had a net margin of 7.16% and a return on equity of 6.39%. The business had revenue of $45.80 million for the quarter, compared to analyst estimates of $47.87 million. During the same quarter in the previous year, the business earned $0.36 earnings per share. equities research analysts predict that National Bank will post 1.89 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, February 23rd will be issued a dividend of $0.09 per share. The ex-dividend date is Thursday, February 22nd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.10%. National Bank’s dividend payout ratio is currently 69.23%.
In related news, insider Richard U. Jr. Newfield sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $33.20, for a total transaction of $830,000.00. Following the transaction, the insider now directly owns 127,507 shares of the company’s stock, valued at $4,233,232.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert E. Dean sold 3,076 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $33.74, for a total transaction of $103,784.24. Following the transaction, the director now directly owns 22,910 shares in the company, valued at $772,983.40. The disclosure for this sale can be found here. 7.60% of the stock is owned by insiders.
National Bank Company Profile
National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.
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