As an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. Unfortunately, that's been the case for longer term Atlantic Union Bankshares Corporation (NASDAQ:AUB) shareholders, since the share price is down 14% in the last three years, falling well short of the market return of around 41%.
The recent uptick of 5.0% could be a positive sign of things to come, so let's take a lot at historical fundamentals.
See our latest analysis for Atlantic Union Bankshares
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
During the unfortunate three years of share price decline, Atlantic Union Bankshares actually saw its earnings per share (EPS) improve by 7.9% per year. Given the share price reaction, one might suspect that EPS is not a good guide to the business performance during the period (perhaps due to a one-off loss or gain). Alternatively, growth expectations may have been unreasonable in the past.
Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.
Revenue is actually up 8.4% over the three years, so the share price drop doesn't seem to hinge on revenue, either. This analysis is just perfunctory, but it might be worth researching Atlantic Union Bankshares more closely, as sometimes stocks fall unfairly. This could present an opportunity.
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
NasdaqGS:AUB Earnings and Revenue Growth September 12th 2022
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. So we recommend checking out this free report showing consensus forecasts
What About Dividends?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Atlantic Union Bankshares the TSR over the last 3 years was -5.6%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
A Different Perspective
It's nice to see that Atlantic Union Bankshares shareholders have received a total shareholder return of 1.1% over the last year. Of course, that includes the dividend. Having said that, the five-year TSR of 4% a year, is even better. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Atlantic Union Bankshares you should know about.
But note: Atlantic Union Bankshares may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
作為一名投資者,努力確保你的整體投資組合超過市場平均水平是值得的。但在任何投資組合中,都可能會有一些股票沒有達到這一基準。不幸的是,從長遠來看,情況就是這樣大西洋聯合銀行股份有限公司納斯達克(Sequoia Capital:AUB)股東,因為其股價在過去三年中下跌了14%,遠低於約41%的市場回報率。
最近5.0%的漲幅可能是未來事情的積極跡象,所以讓我們來看看歷史基本面。
查看我們對大西洋聯合銀行股份的最新分析
在他的文章中格雷厄姆和多德斯維爾的超級投資者沃倫·巴菲特描述了股價並不總是理性地反映一家企業的價值。評估圍繞一家公司的情緒變化的一個有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。
在不幸的股價下跌的三年中,大西洋聯合銀行的每股收益(EPS)實際上以每年7.9%的速度增長。考慮到股價的反應,人們可能會懷疑,每股收益不是這段時間內業務表現的良好指南(可能是因為一次性的虧損或收益)。或者,增長預期在過去可能是不合理的。
由於每股收益的變化似乎與股價的變化沒有相關性,因此值得看看其他指標。
這三年的營收實際增長了8.4%,因此股價下跌似乎也與營收無關。這種分析只是敷衍了事,但可能值得更仔細地研究大西洋聯合銀行的股票,因為有時股票下跌不公平。這可能會帶來一個機會。
下圖顯示了收益和收入隨時間的變化情況(如果您點擊該圖,您可以看到更多詳細信息)。
納斯達克:澳元收益和收入增長2022年9月12日
我們很高興地報告,這位首席執行官的薪酬比類似資本公司的大多數首席執行官都要低。關注首席執行官的薪酬總是值得的,但更重要的問題是,該公司是否會在未來幾年實現盈利增長。因此,我們建議您查看以下內容免費顯示共識預測的報告
那股息呢?
在考察投資回報時,重要的是要考慮到股東總回報(TSR)和股價回報。TSR是一種回報計算,計入了現金股息的價值(假設收到的任何股息都進行了再投資),以及任何貼現融資和剝離的計算價值。公平地説,TSR為支付股息的股票提供了更完整的圖景。我們注意到,大西洋聯合銀行過去3年的TSR為-5.6%,好於上文提到的股價回報。該公司支付的股息因此提振了總計股東回報。
不同的視角
很高興看到大西洋聯合銀行的股東在過去一年中獲得了1.1%的總股東回報。當然,這包括股息。話雖如此,每年4%的五年期TSR更好。悲觀的觀點是,該股的最佳時期已經過去,但另一方面,當業務本身繼續執行時,價格可能只是在放緩。我發現,把股價作為衡量企業業績的長期指標是非常有趣的。但為了真正獲得洞察力,我們還需要考慮其他信息。例如,考慮一下風險。每家公司都有它們,我們已經發現大西洋聯合銀行股份1個警告標誌你應該知道。
但請注意:大西洋聯合銀行股票可能不是最值得購買的股票。所以讓我們來看看這個免費過去有盈利增長(以及進一步增長預測)的有趣公司名單。
請注意,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。