QCR (NASDAQ:QCRH) will be announcing its earnings results after the market closes on Wednesday, April 18th. Analysts expect the company to announce earnings of $0.73 per share for the quarter.
QCR (NASDAQ:QCRH) last issued its quarterly earnings data on Thursday, February 1st. The bank reported $0.70 EPS for the quarter, beating the consensus estimate of $0.66 by $0.04. The firm had revenue of $41.51 million during the quarter, compared to the consensus estimate of $39.74 million. QCR had a net margin of 21.51% and a return on equity of 11.58%. On average, analysts expect QCR to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of NASDAQ:QCRH opened at $45.20 on Tuesday. The stock has a market cap of $617.17, a PE ratio of 16.99, a PEG ratio of 1.36 and a beta of 0.40. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.84. QCR has a 12 month low of $39.85 and a 12 month high of $50.00.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 4th. Stockholders of record on Friday, March 16th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.53%. This is an increase from QCR’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, March 15th. QCR’s dividend payout ratio is 9.02%.
Several brokerages recently issued reports on QCRH. Stephens set a $53.00 price target on shares of QCR and gave the company a “buy” rating in a research report on Monday, February 5th. Maxim Group reiterated a “buy” rating and set a $53.00 price target on shares of QCR in a research report on Friday, February 2nd. BidaskClub cut shares of QCR from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. Piper Jaffray set a $52.00 price target on shares of QCR and gave the company a “buy” rating in a research report on Monday, February 5th. Finally, ValuEngine upgraded shares of QCR from a “hold” rating to a “buy” rating in a research report on Thursday, March 8th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. QCR presently has a consensus rating of “Buy” and an average price target of $53.60.
In other QCR news, CEO Douglas M. Hultquist sold 2,057 shares of the company’s stock in a transaction dated Monday, April 16th. The shares were sold at an average price of $44.50, for a total value of $91,536.50. Following the sale, the chief executive officer now owns 76,347 shares in the company, valued at $3,397,441.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Douglas M. Hultquist sold 2,036 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $43.90, for a total transaction of $89,380.40. Following the completion of the sale, the chief executive officer now owns 77,404 shares in the company, valued at approximately $3,398,035.60. The disclosure for this sale can be found here. Insiders have sold 6,107 shares of company stock worth $270,198 in the last quarter. 8.80% of the stock is owned by corporate insiders.
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QCR Company Profile
QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company operates through Commercial Banking and Wealth Management segments. Its deposit products include noninterest and interest-bearing demand, time, and brokered time deposits.
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