QCR Holdings, Inc. (QCRH) Scheduled to Post Quarterly Earnings on Thursday
QCR Holdings, Inc. (NASDAQ:QCRH) will be releasing its earnings data after the market closes on Thursday, July 20th. Analysts expect QCR Holdings to post earnings of $0.66 per share for the quarter.
QCR Holdings (NASDAQ:QCRH) last released its quarterly earnings data on Thursday, April 20th. The bank reported $0.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.06. The firm had revenue of $34.95 million for the quarter, compared to analyst estimates of $35.79 million. QCR Holdings had a net margin of 20.92% and a return on equity of 10.84%. On average, analysts expect QCR Holdings to post $2.72 EPS for the current fiscal year and $3.06 EPS for the next fiscal year.
Shares of QCR Holdings, Inc. (NASDAQ QCRH) opened at 47.75 on Tuesday. The firm has a 50-day moving average of $45.69 and a 200 day moving average of $43.82. QCR Holdings, Inc. has a 52-week low of $27.48 and a 52-week high of $49.80. The company has a market capitalization of $628.87 million, a P/E ratio of 20.56 and a beta of 0.62.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 6th. Stockholders of record on Friday, June 16th were issued a $0.05 dividend. The ex-dividend date was Wednesday, June 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.42%. QCR Holdings’s dividend payout ratio (DPR) is presently 8.66%.
A number of analysts have recently issued reports on QCRH shares. Maxim Group reiterated a “buy” rating and issued a $53.00 price objective on shares of QCR Holdings in a report on Thursday, June 15th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $47.00 price objective on shares of QCR Holdings in a report on Friday, April 21st. Finally, ValuEngine upgraded shares of QCR Holdings from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $42.50.
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About QCR Holdings
QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), and Rockford Bank and Trust Company (RB&T), which provide full-service commercial and consumer banking and trust and asset management services.
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