Somewhat Favorable Media Coverage Somewhat Unlikely to Impact National Bank (NBHC) Stock Price
News articles about National Bank (NYSE:NBHC) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, 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 articles about the financial services provider an impact score of 44.802435841258 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern’s rankings:
- National Bank Holdings Corp (NBHC) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- National Bank Holdings reports 4Q loss (finance.yahoo.com)
- National Bank (NBHC) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS (americanbankingnews.com)
- National Bank Holdings Corporation Announces Fourth Quarter and Full Year 2017 Financial Results (finance.yahoo.com)
Shares of National Bank (NYSE:NBHC) traded down $0.32 during trading hours on Monday, reaching $33.04. The company had a trading volume of 118,548 shares, compared to its average volume of 112,050. National Bank has a 1 year low of $30.10 and a 1 year high of $37.08. The company has a market cap of $895.65, a P/E ratio of 63.54, a price-to-earnings-growth ratio of 1.95 and a beta of 0.66. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.83 and a current ratio of 0.83.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, February 23rd will be paid a dividend of $0.09 per share. The ex-dividend date is Thursday, February 22nd. This represents a $0.36 annualized dividend and a yield of 1.09%. National Bank’s payout ratio is 69.23%.
Several research analysts have weighed in on NBHC shares. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $35.00 target price on shares of National Bank in a research report on Wednesday, October 4th. Zacks Investment Research upgraded National Bank from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Saturday, January 13th. Hovde Group set a $35.00 price target on National Bank and gave the stock a “hold” rating in a research note on Wednesday, January 3rd. Finally, BidaskClub downgraded National Bank from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $35.83.
In related news, Director Robert E. Dean sold 3,076 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was 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 owns 22,910 shares in the company, valued at approximately $772,983.40. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 7.60% of the stock is 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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