National Bankshares (NKSH) to Release Earnings on Wednesday

National Bankshares (NASDAQ:NKSH) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 21st. Analysts expect National Bankshares to post earnings of $0.52 per share for the quarter.

National Bankshares Price Performance

NKSH opened at $26.40 on Tuesday. National Bankshares has a 1-year low of $23.75 and a 1-year high of $33.37. The stock has a market cap of $167.98 million, a P/E ratio of 21.64 and a beta of 0.66. The stock’s 50 day simple moving average is $26.06 and its 200 day simple moving average is $28.24.

National Bankshares Cuts Dividend

The company also recently announced a semi-annual dividend, which will be paid on Monday, June 2nd. Shareholders of record on Tuesday, May 27th will be issued a $0.73 dividend. This represents a yield of 5.9%. The ex-dividend date is Tuesday, May 27th. National Bankshares’s dividend payout ratio (DPR) is 107.35%.

Insider Buying and Selling

In other news, Director Charles E. Green III bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was purchased at an average price of $27.08 per share, with a total value of $27,080.00. Following the purchase, the director now owns 49,144 shares of the company’s stock, valued at $1,330,819.52. This trade represents a 2.08% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders purchased 2,049 shares of company stock worth $55,982 in the last ninety days. Insiders own 3.18% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of National Bankshares from a “sell” rating to a “hold” rating in a research report on Saturday, February 1st.

About National Bankshares

National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking products and services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest-bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposit, health savings accounts, and individual retirement accounts.