Should I buy or sell First National stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First National in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FXNC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FXNC, but not buy additional shares or sell existing shares. View FXNC analyst ratings or view top-rated stocks .

What is First National's stock price target for 2024?

1 Wall Street research analysts have issued 1 year price targets for First National's shares. Their FXNC share price targets range from $19.00 to $19.00. On average, they anticipate the company's share price to reach $19.00 in the next year. This suggests a possible upside of 26.6% from the stock's current price. View analysts price targets for FXNC or view top-rated stocks among Wall Street analysts .

How have FXNC shares performed in 2024?

First National's stock was trading at $21.75 at the start of the year. Since then, FXNC shares have decreased by 31.0% and is now trading at $15.01. View the best growth stocks for 2024 here .

When is First National's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our FXNC earnings forecast .

How were First National's earnings last quarter?

First National Co. (NASDAQ:FXNC) released its quarterly earnings results on Thursday, February, 1st. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.62. The firm earned $13.88 million during the quarter, compared to analysts' expectations of $13.60 million. First National had a trailing twelve-month return on equity of 8.50% and a net margin of 13.85%.

How often does First National pay dividends? What is the dividend yield for First National?

First National announced a quarterly dividend on Wednesday, February 14th. Shareholders of record on Friday, March 1st will be given a dividend of $0.15 per share on Friday, March 15th. This represents a $0.60 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Thursday, February 29th. Read our dividend analysis for FXNC .

Is First National a good dividend stock?

First National (NASDAQ:FXNC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.00%. FXNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 39.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FXNC will have a dividend payout ratio of 27.52% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FXNC .

How do I buy shares of First National?

Shares of FXNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FXNC

First National (FXNC) Stock Price, News & Analysis

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$15.01

+0.05 (+0.33%)

(As of 02:25 PM ET)

Compare

Today's Range: $14.95
▼
$15.40
50-Day Range: $14.96
▼
$19.58
52-Week Range: $13.13
▼
$21.75

Volume: 11,746 shs
Average Volume: 4,905 shs
Market Capitalization: $94.26 million

P/E Ratio: 9.81
Dividend Yield: 4.00%
Price Target: $19.00

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First National MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 26.6% Upside
$19.00 Price Target
Short Interest: Healthy
0.19% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.90
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.79%
From $1.79 to $2.18 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.52 out of 5 stars

Finance Sector

185th out of 844 stocks

State Commercial Banks Industry

45th out of 176 stocks

3.0

Analyst's Opinion

Consensus Rating
First National has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
First National has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.19% of the float of First National has been sold short.
Short Interest Ratio / Days to Cover
First National has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in First National has recently increased by 3.12%, indicating that investor sentiment is decreasing.

4.2

Dividend Strength

Dividend Leadership
First National is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First National has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of First National is 39.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First National will have a dividend payout ratio of 27.52% next year. This indicates that First National will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FXNC.

3.8

News and Social Media Coverage

News Sentiment
First National has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for First National this week, compared to 1 article on an average week.
Search Interest
1 people have searched for FXNC on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added First National to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First National insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.48% of the stock of First National is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 33.92% of the stock of First National is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for First National are expected to grow by 21.79% in the coming year, from $1.79 to $2.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First National is 9.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of First National is 9.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.92.
Price to Book Value per Share Ratio
First National has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About First National Stock (NASDAQ:FXNC)

First National Corporation operates as the bank holding company for First Bank that provides various commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia. The company's deposit products include checking, savings, money market, and individual retirement accounts, as well as certificates of deposit and treasury management solutions. Its loan products comprise construction loans, including residential, land acquisition, and development loans; 1-4 family residential real estate loans; and commercial real estate loans that are secured by commercial real estate, including multi-family residential buildings, office and retail buildings, hotels, industrial buildings, and religious facilities. The company's loan products also include commercial and industrial loans that are secured by business assets, such as accounts receivable, equipment, and inventory; home equity loans; and secured and unsecured consumer loans, such as lines of credit, automobile loans, deposit account loans, and installment and demand loans. In addition, it provides wealth management services, including estate planning, investment management of assets, trustee under an agreement, trustee under a will, and estate settlement. Further, the company offers title insurance and investment services; and holds other real estate owned and office sites, as well as provides internet and mobile banking, remote deposit capture, and other traditional banking services. First National Corporation was founded in 1907 and is headquartered in Strasburg, Virginia.

FXNC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FXNC Stock News Headlines

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One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

March 28, 2024 | stockhouse.com

FXNC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of First National Corporation Is Fair to Shareholders

March 27, 2024 | businesswire.com

FIRST NATIONAL CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of First National Corporation - FXNC

March 27, 2024 | finance.yahoo.com

First National (NASDAQ:FXNC) shareholders have endured a 7.2% loss from investing in the stock five years ago

March 26, 2024 | globenewswire.com

First National Corporation to Acquire Touchstone Bankshares, Inc.

March 18, 2024 | msn.com

Ex Patriots' Offensive Lineman Signs Contract With AFC East Rival - Free Agency Tracker

March 17, 2024 | msn.com

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NFL 2024 free agency: Derrick Henry to Ravens, Patrick Queen to Steelers and more news, reports, rumors

March 12, 2024 | sports.yahoo.com

NFL 2024 free agency: Derrick Henry to Ravens and more news, reports, rumors

March 11, 2024 | sports.yahoo.com

NFL 2024 free agency: Kirk Cousins to Falcons, Brian Burns to Giants, and more news, reports, rumors

March 11, 2024 | sports.yahoo.com

NFL 2024 free agency: Kirk Cousins to Falcons, Raiders get a QB, and more news, reports, rumors

March 10, 2024 | msn.com

First National Bank & Trust gives back to the community for Spread Goodness Day

February 24, 2024 | finance.yahoo.com

First National Corporation (NASDAQ:FXNC) Goes Ex-Dividend Soon

February 18, 2024 | msn.com

2024 NFL free agency: Ranking top 25 offensive free agents; Kirk Cousins, trio of receivers top list

February 14, 2024 | morningstar.com

First National Corp FXNC

February 9, 2024 | finance.yahoo.com

First National Full Year 2023 Earnings: EPS: US$1.54 (vs US$2.69 in FY 2022)

January 21, 2024 | finance.yahoo.com

Here's Why We Think First National (NASDAQ:FXNC) Is Well Worth Watching

See More Headlines

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Company Calendar

Last Earnings: 2/01/2024
Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/24/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:FXNC
CUSIP: N/A
CIK: 719402
Web: www.fbvirginia.com
Phone: (540) 465-9121
Fax: 540-465-5946
Employees: 150
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $19.00
High Stock Price Target: $19.00
Low Stock Price Target: $19.00
Potential Upside/Downside: +27.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.53
Trailing P/E Ratio: 9.78
Forward P/E Ratio: 8.36
P/E Growth: N/A
Net Income: $9.62 million
Net Margins: 13.85%
Pretax Margin: 16.99%
Return on Equity: 8.50%
Return on Assets: 0.70%

Debt

Debt-to-Equity Ratio: 0.12
Current Ratio: 0.81
Quick Ratio: 0.81

Sales & Book Value

Annual Sales: $69.50 million
Price / Sales: 1.35
Cash Flow: $1.83 per share
Price / Cash Flow: 8.17
Book Value: $18.57 per share
Price / Book: 0.81

Miscellaneous

Outstanding Shares: 6,280,000
Free Float: 5,243,000
Market Cap: $93.95 million
Optionable: Not Optionable
Beta: 0.51

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Key Executives

Mr. Scott C. Harvard (Age 69)
CEO & Director
Comp: $649.52k
Mr. Gerald F. Smith Jr. (Age 62)
Independent Vice Chair of the Board & Secretary
Comp: $27.8k
Mr. Dennis A. Dysart (Age 52)
President & COO
Comp: $402.03k
Mr. M. Shane Bell (Age 51)
Executive VP & CFO
Comp: $366.1k
Mr. W. Todd Ross
Market President
Mr. Paul K. Martin
Senior VP and Market President of Staunton, Waynesboro, Augusta, Harrisonburg & Rockingham County
Mr. Matt Paciocco
Senior VP & Regional Executive for Richmond

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FXNC Stock Analysis - Frequently Asked Questions

Should I buy or sell First National stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First National in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FXNC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FXNC, but not buy additional shares or sell existing shares.
View FXNC analyst ratings or view top-rated stocks.
What is First National's stock price target for 2024?: 1 Wall Street research analysts have issued 1 year price targets for First National's shares. Their FXNC share price targets range from $19.00 to $19.00. On average, they anticipate the company's share price to reach $19.00 in the next year. This suggests a possible upside of 26.6% from the stock's current price.
View analysts price targets for FXNC or view top-rated stocks among Wall Street analysts.
How have FXNC shares performed in 2024?: First National's stock was trading at $21.75 at the start of the year. Since then, FXNC shares have decreased by 31.0% and is now trading at $15.01.
View the best growth stocks for 2024 here.
When is First National's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our FXNC earnings forecast.

How were First National's earnings last quarter?: First National Co. (NASDAQ:FXNC) released its quarterly earnings results on Thursday, February, 1st. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.62. The firm earned $13.88 million during the quarter, compared to analysts' expectations of $13.60 million. First National had a trailing twelve-month return on equity of 8.50% and a net margin of 13.85%.
How often does First National pay dividends? What is the dividend yield for First National?: First National announced a quarterly dividend on Wednesday, February 14th. Shareholders of record on Friday, March 1st will be given a dividend of $0.15 per share on Friday, March 15th. This represents a $0.60 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for FXNC.
Is First National a good dividend stock?: First National (NASDAQ:FXNC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.00%. FXNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 39.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FXNC will have a dividend payout ratio of 27.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FXNC.
How do I buy shares of First National?: Shares of FXNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FXNC) was last updated on 4/19/2024 by MarketBeat.com Staff

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First National (FXNC) Stock Price, News & Analysis

First National MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About First National Stock (NASDAQ:FXNC)

FXNC Stock Price History

FXNC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FXNC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™