Based on ratings from 2 stock analysts, the First National Corp-VA stock price is expected to increase by 0.19% in 12 months. This is calculated by using the average 12-month stock price forecast for First National Corp-VA. The lowest target is $25.5 and the highest is $26. Please note analyst price targets are not guaranteed and could be missed completely.
First National Corp-VA has a total of 2 Wall St Analyst ratings. There are 1 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that First National Corp-VA will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of FXNC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Hovde Group | Outperform | $22 | Initiates | Oct 8, 2024 |
John Rodis Janney Montgomery Scott | Buy | $21 | Upgrade | Aug 1, 2024 |
John Rodis Janney Montgomery Scott | Neutral | $19 | Downgrade | Sep 12, 2023 |
John Rodis Janney Montgomery Scott | Buy | $21.5 | Initiates | Nov 16, 2022 |
When did it IPO
1999
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Scott C. Harvard
Market Cap
$227.4M
In 2023, FXNC generated $53.6M in revenue, which was a decrease of -5.77% from the previous year. This can be seen as a signal that FXNC's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - This week, 13 companies, including dividend kings Stepan and Tennant, announced average dividend increases of 7.4% and a median of 5.4%.
Why It Matters - Dividend increases signal financial health and stability, attracting income-focused investors. Consistent growth may lead to stock price appreciation, enhancing total returns.
Summary - FXNC increases its quarterly dividend by 3.3% to 15.5 cents per share, supported by strong liquidity and capital position for sustained distributions.
Why It Matters - A 3.3% dividend increase signals financial health and confidence in future earnings, potentially attracting more investors and supporting share price stability.
Summary - First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.155 per share on November 13, 2024, marking a 3% increase from the previous quarter.
Why It Matters - The 3% increase in First National Corporation's dividend signals financial health and commitment to returning value to shareholders, potentially attracting more investment interest.
Summary - First National (FXNC) is identified as a strong option for short-term investors, having passed a trading strategy screen focused on fundamentally sound stocks.
Why It Matters - First National's positive evaluation suggests potential for short-term gains, attracting traders seeking momentum in fundamentally strong stocks.
Summary - Zacks emphasizes its Rank system, focusing on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.
Why It Matters - The emphasis on earnings estimates and revisions highlights potential stock performance and market trends, guiding investors toward informed stock selections for better returns.
Summary - First National Corporation (NASDAQ: FXNC) reported Q3 2024 net income of $2.2 million, or $0.36 per share; adjusted net income was $2.4 million, or $0.39 per share.
Why It Matters - First National Corporation's Q3 earnings indicate strong financial performance, potentially boosting investor confidence and affecting stock valuation positively.