Media stories about National Bank (NYSE:NBHC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. National Bank earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.6593155714813 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
NBHC has been the subject of several research reports. Sandler O’Neill raised shares of National Bank from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research note on Friday, August 18th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $35.00 price objective on shares of National Bank in a research note on Wednesday, October 4th. BidaskClub raised shares of National Bank from a “hold” rating to a “buy” rating in a research note on Friday, September 29th. Finally, Zacks Investment Research cut shares of National Bank from a “buy” rating to a “hold” rating in a research note on Wednesday, August 30th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $35.00.
Shares of National Bank (NBHC) opened at $32.03 on Wednesday. National Bank has a 12 month low of $30.10 and a 12 month high of $37.08. The stock has a market cap of $859.95, a price-to-earnings ratio of 25.58, a PEG ratio of 2.65 and a beta of 0.65. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.23.
National Bank (NYSE:NBHC) last announced its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.04). National Bank had a net margin of 17.13% and a return on equity of 6.40%. The company had revenue of $47.45 million for the quarter, compared to analysts’ expectations of $48.90 million. During the same period in the prior year, the firm earned $0.30 earnings per share. sell-side analysts predict that National Bank will post 1.21 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 24th will be paid a dividend of $0.09 per share. The ex-dividend date is Wednesday, November 22nd. This represents a $0.36 annualized dividend and a dividend yield of 1.12%. National Bank’s dividend payout ratio is presently 29.03%.
In related news, Director Robert E. Dean sold 3,076 shares of the company’s stock in a transaction 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 completion of the sale, the director now directly owns 22,910 shares of the company’s stock, valued at approximately $772,983.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 7.60% of the stock is currently owned by corporate insiders.
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About National Bank
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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