QCR (QCRH) Projected to Post Earnings on Tuesday

QCR (NASDAQ:QCRH) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, April 22nd. Analysts expect QCR to post earnings of $1.51 per share and revenue of $94.01 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

QCR (NASDAQ:QCRH) last released its earnings results on Wednesday, January 22nd. The bank reported $1.93 EPS for the quarter, topping the consensus estimate of $1.74 by $0.19. QCR had a net margin of 19.06% and a return on equity of 12.68%. On average, analysts expect QCR to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

QCR Stock Performance

Shares of NASDAQ QCRH opened at $66.93 on Monday. The company has a market cap of $1.13 billion, a P/E ratio of 9.97 and a beta of 0.81. QCR has a 52-week low of $54.75 and a 52-week high of $96.08. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.99 and a current ratio of 1.02. The firm’s fifty day moving average is $71.63 and its two-hundred day moving average is $78.94.

QCR Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 19th were given a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.36%. QCR’s dividend payout ratio is currently 3.58%.

Analysts Set New Price Targets

Separately, Raymond James reduced their price objective on QCR from $95.00 to $82.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 2nd.

Insider Buying and Selling at QCR

In related news, EVP Nicole A. Lee purchased 1,094 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average price of $78.47 per share, for a total transaction of $85,846.18. Following the acquisition, the executive vice president now owns 1,881 shares of the company’s stock, valued at approximately $147,602.07. This represents a 139.01 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider James D. Klein sold 630 shares of QCR stock in a transaction on Friday, March 14th. The stock was sold at an average price of $73.40, for a total transaction of $46,242.00. Following the transaction, the insider now directly owns 428 shares of the company’s stock, valued at $31,415.20. The trade was a 59.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

QCR Company Profile

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company’s deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies.