Press coverage about Iberiabank (NASDAQ:IBKC) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Iberiabank earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 47.6078855674304 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
Shares of IBKC stock opened at $79.45 on Friday. The stock has a market cap of $4.50 billion, a P/E ratio of 17.77, a P/E/G ratio of 1.57 and a beta of 1.44. Iberiabank has a 1-year low of $68.55 and a 1-year high of $87.55. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.93 and a quick ratio of 0.93.
Iberiabank (NASDAQ:IBKC) last issued its earnings results on Thursday, April 19th. The bank reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.42 by ($0.05). The company had revenue of $277.50 million for the quarter, compared to analysts’ expectations of $285.71 million. Iberiabank had a net margin of 12.96% and a return on equity of 7.39%. The company’s revenue was up 27.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.02 earnings per share. equities research analysts expect that Iberiabank will post 6.33 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, April 27th. Investors of record on Friday, March 30th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Wednesday, March 28th. This is a boost from Iberiabank’s previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a yield of 1.91%. Iberiabank’s dividend payout ratio is currently 34.00%.
Several equities analysts have recently commented on IBKC shares. BidaskClub lowered Iberiabank from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Piper Jaffray set a $95.00 price objective on Iberiabank and gave the company a “buy” rating in a research report on Monday, January 29th. Finally, Zacks Investment Research lowered Iberiabank from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Iberiabank has an average rating of “Buy” and a consensus price target of $88.50.
Iberiabank Company Profile
IBERIABANK Corporation operates as the holding company for IBERIABANK that provides commercial and retail banking products and services in the United States. It offers various commercial, consumer, mortgage, and private banking products and services; cash management services; deposit and annuity products; and brokerage services, as well as sells variable annuities.
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