German American Bancorp Inc. (GABC) Reaches New 12-Month High at $36.12
German American Bancorp Inc. (NASDAQ:GABC)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $36.12 and last traded at $36.06, with a volume of 12,677 shares. The stock had previously closed at $35.49.
Several equities analysts have recently commented on GABC shares. Zacks Investment Research upgraded shares of German American Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, June 15th. Sandler O’Neill started coverage on shares of German American Bancorp in a research report on Thursday, August 25th. They issued a “hold” rating for the company.
The company has a market capitalization of $562.37 million and a PE ratio of 16.91. The stock’s 50-day moving average price is $34.64 and its 200 day moving average price is $32.79.
German American Bancorp (NASDAQ:GABC) last announced its quarterly earnings data on Monday, July 25th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.08. Equities research analysts forecast that German American Bancorp Inc. will post $2.39 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Saturday, August 20th. Stockholders of record on Wednesday, August 10th were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, August 8th. This represents a $0.72 annualized dividend and a dividend yield of 1.95%.
German American Bancorp, Inc is a bank holding company. The Company’s operating segments include core banking, trust and investment advisory services, and insurance operations. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the Company’s local markets.
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