News headlines about Peoples Bancorp (NASDAQ:PEBO) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Peoples Bancorp earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news stories about the bank an impact score of 45.9919126007698 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several analysts have commented on PEBO shares. Zacks Investment Research upgraded shares of Peoples Bancorp from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Friday, April 27th. ValuEngine downgraded shares of Peoples Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Boenning Scattergood restated a “hold” rating on shares of Peoples Bancorp in a report on Wednesday, April 25th. BidaskClub upgraded shares of Peoples Bancorp from a “buy” rating to a “strong-buy” rating in a report on Thursday, April 26th. Finally, Sandler O’Neill restated a “hold” rating and set a $37.00 target price on shares of Peoples Bancorp in a report on Tuesday, January 23rd. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $38.00.
Shares of Peoples Bancorp traded up $0.19, reaching $36.42, during midday trading on Thursday, according to Marketbeat. The company’s stock had a trading volume of 1,061 shares, compared to its average volume of 43,324. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.27. Peoples Bancorp has a fifty-two week low of $36.24 and a fifty-two week high of $36.29. The company has a market capitalization of $696.62 million, a PE ratio of 15.97, a price-to-earnings-growth ratio of 1.75 and a beta of 0.73.
Peoples Bancorp (NASDAQ:PEBO) last posted its quarterly earnings data on Tuesday, April 24th. The bank reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.04. Peoples Bancorp had a net margin of 22.48% and a return on equity of 8.83%. The company had revenue of $44.25 million for the quarter, compared to the consensus estimate of $42.87 million. sell-side analysts expect that Peoples Bancorp will post 2.58 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 21st. Stockholders of record on Monday, May 7th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Friday, May 4th. This is an increase from Peoples Bancorp’s previous quarterly dividend of $0.26. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.08%. Peoples Bancorp’s dividend payout ratio (DPR) is 49.12%.
In other news, Director George W. Broughton sold 1,000 shares of Peoples Bancorp stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $35.26, for a total value of $35,260.00. Following the sale, the director now directly owns 160,750 shares in the company, valued at $5,668,045. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.03% of the stock is owned by company insiders.
Peoples Bancorp Company Profile
Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans.
Receive News & Ratings for Peoples Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.