Somewhat Positive Media Coverage Somewhat Unlikely to Impact National Bankshares (NASDAQ:NKSH) Share Price

News coverage about National Bankshares (NASDAQ:NKSH) has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. National Bankshares earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 45.1139349494191 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Separately, Sandler O’Neill set a $40.00 price objective on shares of National Bankshares and gave the company a “hold” rating in a research note on Tuesday, August 29th.

National Bankshares (NKSH) opened at $47.30 on Monday. National Bankshares has a one year low of $36.05 and a one year high of $47.65. The firm has a market cap of $329.11, a P/E ratio of 22.85 and a beta of 0.31.

National Bankshares (NASDAQ:NKSH) last released its quarterly earnings data on Friday, October 27th. The bank reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.01). National Bankshares had a net margin of 28.45% and a return on equity of 7.90%. The business had revenue of $11.88 million during the quarter.

The company also recently declared a Semi-Annual dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, November 20th were given a dividend of $0.61 per share. This is a positive change from National Bankshares’s previous Semi-Annual dividend of $0.55. This represents a dividend yield of 2.79%. The ex-dividend date of this dividend was Friday, November 17th. National Bankshares’s payout ratio is 58.94%.

In other news, Director Glenn P. Reynolds sold 1,000 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $44.01, for a total transaction of $44,010.00. Following the completion of the transaction, the director now directly owns 5,144 shares in the company, valued at approximately $226,387.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.68% of the stock is owned by insiders.

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National Bankshares Company Profile

National Bankshares, Inc is a financial holding company. The Company conducts its operations through its community bank subsidiary, the National Bank of Blacksburg (NBB or the Bank). NBB offers a range of retail and commercial banking services to individuals, businesses, non-profits and local governments.

Insider Buying and Selling by Quarter for National Bankshares (NASDAQ:NKSH)

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