Wall Street analysts expect that County Bancorp Inc (NASDAQ:ICBK) will announce earnings of $0.53 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for County Bancorp’s earnings, with the highest EPS estimate coming in at $0.54 and the lowest estimate coming in at $0.52. County Bancorp reported earnings of $0.30 per share during the same quarter last year, which indicates a positive year over year growth rate of 76.7%. The business is scheduled to announce its next earnings results on Thursday, January 17th.

On average, analysts expect that County Bancorp will report full-year earnings of $2.17 per share for the current financial year, with EPS estimates ranging from $2.16 to $2.17. For the next financial year, analysts forecast that the company will report earnings of $2.22 per share, with EPS estimates ranging from $2.11 to $2.31. Zacks’ EPS averages are an average based on a survey of analysts that cover County Bancorp.

County Bancorp (NASDAQ:ICBK) last issued its quarterly earnings results on Monday, October 22nd. The financial services provider reported $0.50 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.50. The business had revenue of $12.76 million during the quarter, compared to the consensus estimate of $12.54 million. County Bancorp had a net margin of 19.40% and a return on equity of 9.93%.

Several research firms have weighed in on ICBK. DA Davidson upgraded shares of County Bancorp from a “neutral” rating to a “buy” rating in a research note on Monday, November 12th. ValuEngine lowered shares of County Bancorp from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 1st. Zacks Investment Research lowered shares of County Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, October 25th. Maxim Group reiterated a “buy” rating and issued a $29.00 price objective on shares of County Bancorp in a research note on Tuesday, October 23rd. Finally, Hovde Group upgraded shares of County Bancorp from a “market perform” rating to an “outperform” rating and set a $28.00 price objective on the stock in a research note on Wednesday, August 29th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $29.60.

In other news, Director Gary J. Ziegelbauer sold 1,000 shares of the stock in a transaction on Friday, September 28th. The shares were sold at an average price of $25.02, for a total transaction of $25,020.00. Following the transaction, the director now owns 395,637 shares in the company, valued at approximately $9,898,837.74. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 25.60% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in ICBK. BlackRock Inc. increased its stake in shares of County Bancorp by 17.3% during the 2nd quarter. BlackRock Inc. now owns 235,145 shares of the financial services provider’s stock worth $6,466,000 after purchasing an additional 34,721 shares during the last quarter. Eidelman Virant Capital acquired a new position in shares of County Bancorp during the 3rd quarter worth $487,000. Dimensional Fund Advisors LP increased its stake in shares of County Bancorp by 68.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 27,472 shares of the financial services provider’s stock worth $802,000 after purchasing an additional 11,137 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of County Bancorp by 58.3% during the 2nd quarter. Renaissance Technologies LLC now owns 16,700 shares of the financial services provider’s stock worth $459,000 after purchasing an additional 6,148 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of County Bancorp by 7.3% during the 2nd quarter. Northern Trust Corp now owns 50,456 shares of the financial services provider’s stock worth $1,388,000 after purchasing an additional 3,430 shares during the last quarter. Institutional investors own 26.40% of the company’s stock.

County Bancorp stock remained flat at $$20.79 during trading hours on Wednesday. 1,176 shares of the company’s stock traded hands, compared to its average volume of 7,421. The firm has a market cap of $139.23 million, a price-to-earnings ratio of 13.95, a PEG ratio of 1.20 and a beta of 0.55. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 1.05. County Bancorp has a 1 year low of $19.41 and a 1 year high of $33.94.

About County Bancorp

County Bancorp, Inc operates as the bank holding company for Investors Community Bank that provides a range of banking and related financial services to individuals, businesses, and industries in northeastern and central Wisconsin. The company accepts demand interest bearing and noninterest bearing, money market deposit, NOW, checking, and savings accounts, as well as time deposits.

Featured Article: What is the Rule of 72?

Get a free copy of the Zacks research report on County Bancorp (ICBK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for County Bancorp (NASDAQ:ICBK)

Receive News & Ratings for County Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for County Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.