Trade Report: The National Bank Holdings Corp. (NBHC) Scheduled to Post Quarterly Earnings on Thursday

The National Bank Holdings Corp. (NBHC) Scheduled to Post Quarterly Earnings on Thursday

National Bank Holdings Corp. (NYSE:NBHC) is scheduled to announce its Q316 earnings results on Thursday, October 20th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $45.60 million for the quarter.

National Bank Holdings Corp. (NYSE:NBHC) last issued its quarterly earnings results on Thursday, July 21st. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by $0.03. National Bank Holdings Corp. had a return on equity of 3.44% and a net margin of 4.78%. On average, analysts expect National Bank Holdings Corp. to post $0.63 EPS for the current fiscal year and $1.19 EPS for the next fiscal year.

Shares of National Bank Holdings Corp. (NYSE:NBHC) opened at 22.81 on Tuesday. The firm’s 50-day moving average is $23.49 and its 200-day moving average is $21.40. The stock has a market capitalization of $653.19 million, a price-to-earnings ratio of 72.41 and a beta of 0.62. National Bank Holdings Corp. has a 52 week low of $18.41 and a 52 week high of $24.14.

A number of hedge funds have recently modified their holdings of NBHC. AQR Capital Management LLC raised its stake in shares of National Bank Holdings Corp. by 10.2% in the second quarter. AQR Capital Management LLC now owns 26,353 shares of the financial services provider’s stock worth $536,000 after buying an additional 2,450 shares during the last quarter. Menta Capital LLC raised its stake in shares of National Bank Holdings Corp. by 19.1% in the second quarter. Menta Capital LLC now owns 15,836 shares of the financial services provider’s stock worth $322,000 after buying an additional 2,536 shares during the last quarter. Paradigm Asset Management Co. LLC raised its stake in shares of National Bank Holdings Corp. by 3.7% in the second quarter. Paradigm Asset Management Co. LLC now owns 209,763 shares of the financial services provider’s stock worth $4,271,000 after buying an additional 7,463 shares during the last quarter. FJ Capital Management LLC raised its stake in shares of National Bank Holdings Corp. by 1.6% in the second quarter. FJ Capital Management LLC now owns 654,000 shares of the financial services provider’s stock worth $13,325,000 after buying an additional 10,000 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its stake in shares of National Bank Holdings Corp. by 4.6% in the second quarter. Parametric Portfolio Associates LLC now owns 242,459 shares of the financial services provider’s stock worth $4,936,000 after buying an additional 10,630 shares during the last quarter.

A number of brokerages have recently weighed in on NBHC. TheStreet upgraded National Bank Holdings Corp. from a “hold” rating to a “buy” rating in a research report on Friday, July 22nd. Stephens upgraded National Bank Holdings Corp. from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $21.00 to $25.00 in a research report on Friday, August 12th. Zacks Investment Research cut National Bank Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, October 12th. Finally, Hovde Group assumed coverage on National Bank Holdings Corp. in a research report on Wednesday, September 7th. They set a “market perform” rating and a $25.00 price objective for the company. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $23.17.

National Bank Holdings Corp. Company Profile

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