Peoples Bancorp Inc. (PEBO) Sets New 12-Month High at $23.00
Peoples Bancorp Inc. (NASDAQ:PEBO) hit a new 52-week high during trading on Friday . The company traded as high as $23.00 and last traded at $22.99, with a volume of 35,751 shares changing hands. The stock had previously closed at $22.46.
A number of equities research analysts have recently commented on the company. Zacks Investment Research downgraded Peoples Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, July 30th. Keefe, Bruyette & Woods increased their price objective on Peoples Bancorp from $22.50 to $24.50 and gave the company a “market perform” rating in a research report on Wednesday, July 27th. TheStreet upgraded Peoples Bancorp from a “hold” rating to a “buy” rating in a research report on Tuesday, April 26th. Finally, Hovde Group increased their price objective on Peoples Bancorp from $19.00 to $23.00 and gave the company a “market perform” rating in a research report on Wednesday, April 27th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $23.70.
The stock’s 50 day moving average price is $22.00 and its 200-day moving average price is $20.16. The firm has a market capitalization of $413.45 million and a P/E ratio of 18.53.
Peoples Bancorp (NASDAQ:PEBO) last posted its earnings results on Tuesday, July 26th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Equities research analysts expect that Peoples Bancorp Inc. will post $1.74 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, August 22nd. Investors of record on Monday, August 8th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, August 4th.
Peoples Bancorp Inc is a financial holding company. The Company is engaged in banking, investment, insurance and trust solutions. The Company operates principally through its subsidiary, Peoples Bank, National Association (Peoples Bank). The Company’s products and services include demand deposit accounts, savings accounts, money market accounts and certificates of deposit.
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