QCR Holdings (NASDAQ:QCRH) announced a quarterly dividend on Friday, May 25th, Wall Street Journal reports. Stockholders of record on Friday, June 15th will be paid a dividend of 0.06 per share by the bank on Thursday, July 5th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Thursday, June 14th.
Shares of NASDAQ:QCRH opened at $48.15 on Friday. The firm has a market capitalization of $671.83 million, a PE ratio of 18.10, a price-to-earnings-growth ratio of 1.45 and a beta of 0.41. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.88. QCR has a 52 week low of $39.85 and a 52 week high of $50.00.
QCR (NASDAQ:QCRH) last announced its quarterly earnings data on Wednesday, April 18th. The bank reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.04. The business had revenue of $40.94 million during the quarter, compared to the consensus estimate of $40.39 million. QCR had a return on equity of 11.45% and a net margin of 21.13%. research analysts anticipate that QCR will post 3.32 earnings per share for the current fiscal year.
QCRH has been the subject of a number of recent analyst reports. Maxim Group reaffirmed a “buy” rating and issued a $53.00 price objective on shares of QCR in a research report on Friday, February 2nd. Stephens set a $53.00 price objective on QCR and gave the company a “buy” rating in a research report on Monday, February 5th. Piper Jaffray Companies set a $52.00 price objective on QCR and gave the company a “buy” rating in a research report on Monday, February 5th. ValuEngine raised QCR from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. Finally, BidaskClub raised QCR from a “sell” rating to a “hold” rating in a research report on Tuesday, April 24th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $53.60.
In other QCR news, CEO Larry J. Helling sold 1,500 shares of the business’s stock in a transaction dated Wednesday, May 16th. The stock was sold at an average price of $47.70, for a total transaction of $71,550.00. Following the completion of the sale, the chief executive officer now owns 11,004 shares of the company’s stock, valued at $524,890.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Thomas D. Budd sold 1,168 shares of the business’s stock in a transaction dated Friday, May 4th. The shares were sold at an average price of $46.50, for a total value of $54,312.00. Following the sale, the chief executive officer now directly owns 4,014 shares of the company’s stock, valued at approximately $186,651. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,953 shares of company stock valued at $554,566. 8.80% 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 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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