Xenith Bankshares Inc (NASDAQ:XBKS) has been assigned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Brokers have set a 1-year consensus price objective of $7.00 for the company and are anticipating that the company will post $0.07 earnings per share for the current quarter, according to Zacks. Zacks has also given Xenith Bankshares an industry rank of 48 out of 265 based on the ratings given to related companies.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Xenith Bankshares from a “sell” rating to a “hold” rating in a report on Wednesday, December 23rd. Keefe, Bruyette & Woods lifted their price target on Xenith Bankshares from $6.50 to $7.00 and gave the company a “market perform” rating in a report on Monday, November 16th.
Shares of Xenith Bankshares (NASDAQ:XBKS) opened at 7.48 on Monday. Xenith Bankshares has a 12 month low of $5.84 and a 12 month high of $7.49. The firm has a 50-day moving average of $6.85 and a 200 day moving average of $6.38. The firm has a market cap of $97.15 million and a P/E ratio of 31.43.
Xenith Bankshares (NASDAQ:XBKS) last announced its quarterly earnings data on Thursday, November 5th. The financial services provider reported $0.07 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.07. On average, equities research analysts anticipate that Xenith Bankshares will post $0.28 EPS for the current fiscal year.
Xenith Bankshares, Inc. is a bank holding company for Xenith Bank (NASDAQ:XBKS). Xenith Bank is a commercial bank targeting the banking needs of middle market and small businesses, local real estate developers and investors, private banking clients, and select retail banking clients. The Bank conducts its principal banking activities through its approximately eight branches. The Company’s services and products consist primarily of taking deposits from, and making loans to, its target customers within its target markets. The Company provides a selection of commercial and retail banking products, including commercial and industrial loans, commercial and residential real estate loans, and select consumer loans. It offers a range of checking, savings and treasury products, including remote deposit capture, automated clearing house transactions, debit cards, 24-hour automated teller machine (ATM) access, Internet and mobile banking and bill pay service.
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