Analysts expect that German American Bancorp., Inc. (NASDAQ:GABC) will announce earnings of $0.42 per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for German American Bancorp.’s earnings. The lowest EPS estimate is $0.41 and the highest is $0.43. German American Bancorp. reported earnings per share of $0.44 during the same quarter last year, which suggests a negative year over year growth rate of 4.5%. The company is expected to issue its next earnings results on Monday, January 29th.

According to Zacks, analysts expect that German American Bancorp. will report full year earnings of $1.69 per share for the current fiscal year, with EPS estimates ranging from $1.68 to $1.70. For the next fiscal year, analysts forecast that the company will report earnings of $1.99 per share, with EPS estimates ranging from $1.98 to $2.01. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover German American Bancorp..

German American Bancorp. (NASDAQ:GABC) last posted its quarterly earnings results on Monday, October 30th. The bank reported $0.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.02). German American Bancorp. had a return on equity of 11.28% and a net margin of 27.52%.

Several research analysts recently issued reports on the stock. Zacks Investment Research raised shares of German American Bancorp. from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research report on Wednesday, October 4th. BidaskClub lowered shares of German American Bancorp. from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th. Hovde Group reissued a “hold” rating on shares of German American Bancorp. in a research report on Wednesday, January 3rd. Finally, Sandler O’Neill set a $38.00 price target on shares of German American Bancorp. and gave the stock a “hold” rating in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. German American Bancorp. presently has an average rating of “Hold” and a consensus target price of $39.25.

German American Bancorp. (GABC) opened at $36.95 on Wednesday. German American Bancorp. has a 52-week low of $28.71 and a 52-week high of $39.02. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market cap of $853.23, a PE ratio of 23.54 and a beta of 1.11.

In other German American Bancorp. news, Director Chris A. Ramsey acquired 2,852 shares of German American Bancorp. stock in a transaction on Tuesday, December 11th. The shares were purchased at an average cost of $35.13 per share, with a total value of $100,190.76. Following the completion of the purchase, the director now owns 16,969 shares in the company, valued at $596,120.97. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Chris A. Ramsey acquired 9,884 shares of German American Bancorp. stock in a transaction on Tuesday, December 26th. The stock was acquired at an average cost of $35.75 per share, for a total transaction of $353,353.00. The disclosure for this purchase can be found here. Insiders have bought 19,828 shares of company stock worth $708,843 over the last three months. 8.51% of the stock is owned by insiders.

A number of hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in German American Bancorp. in the third quarter worth $114,000. Great West Life Assurance Co. Can acquired a new stake in German American Bancorp. in the third quarter worth $116,000. Legal & General Group Plc raised its holdings in German American Bancorp. by 56.3% in the second quarter. Legal & General Group Plc now owns 5,314 shares of the bank’s stock worth $181,000 after purchasing an additional 1,914 shares during the period. Susquehanna International Group LLP acquired a new stake in German American Bancorp. in the second quarter worth $221,000. Finally, Los Angeles Capital Management & Equity Research Inc. raised its holdings in German American Bancorp. by 50.0% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 7,558 shares of the bank’s stock worth $258,000 after purchasing an additional 2,519 shares during the period. 36.39% of the stock is currently owned by hedge funds and other institutional investors.

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German American Bancorp. Company Profile

German American Bancorp, Inc is a bank holding company. As of December 31, 2016, the Company, through its banking subsidiary German American Bancorp, operated 51 banking offices in 19 contiguous southern Indiana counties and one northern Kentucky county. Its segments are core banking, trust and investment advisory services, insurance, and other.

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