Equities analysts expect QCR Holdings, Inc. (NASDAQ:QCRH) to announce $0.83 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for QCR’s earnings, with the highest EPS estimate coming in at $0.93 and the lowest estimate coming in at $0.77. QCR posted earnings of $0.75 per share during the same quarter last year, which indicates a positive year over year growth rate of 10.7%. The business is expected to announce its next earnings report on Wednesday, April 17th.

According to Zacks, analysts expect that QCR will report full-year earnings of $3.52 per share for the current year, with EPS estimates ranging from $3.38 to $3.70. For the next year, analysts anticipate that the business will report earnings of $3.79 per share, with EPS estimates ranging from $3.70 to $3.85. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover QCR.

QCR (NASDAQ:QCRH) last issued its earnings results on Thursday, January 24th. The bank reported $0.91 EPS for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.03. QCR had a return on equity of 11.18% and a net margin of 19.21%. The company had revenue of $54.87 million during the quarter, compared to the consensus estimate of $48.73 million.

A number of brokerages have commented on QCRH. Zacks Investment Research downgraded QCR from a “hold” rating to a “sell” rating in a research note on Friday, March 15th. BidaskClub downgraded QCR from a “sell” rating to a “strong sell” rating in a research note on Saturday, March 9th. ValuEngine downgraded QCR from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 7th. Finally, Maxim Group restated a “buy” rating and issued a $43.00 target price on shares of QCR in a research note on Monday, January 28th. Three investment analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. QCR currently has a consensus rating of “Hold” and a consensus price target of $44.00.

In other QCR news, CEO John H. Anderson sold 3,069 shares of QCR stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $34.20, for a total value of $104,959.80. Following the completion of the transaction, the chief executive officer now directly owns 4,285 shares in the company, valued at $146,547. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 8.80% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of QCR by 14.0% during the third quarter. Dimensional Fund Advisors LP now owns 510,487 shares of the bank’s stock worth $20,853,000 after buying an additional 62,827 shares during the period. Summit Global Investments boosted its position in shares of QCR by 18.2% during the third quarter. Summit Global Investments now owns 16,200 shares of the bank’s stock worth $662,000 after buying an additional 2,500 shares during the period. IndexIQ Advisors LLC boosted its position in shares of QCR by 3.9% during the third quarter. IndexIQ Advisors LLC now owns 50,685 shares of the bank’s stock worth $2,070,000 after buying an additional 1,914 shares during the period. Victory Capital Management Inc. acquired a new position in shares of QCR during the third quarter worth approximately $1,283,000. Finally, Strs Ohio boosted its position in shares of QCR by 16.7% during the fourth quarter. Strs Ohio now owns 8,700 shares of the bank’s stock worth $279,000 after buying an additional 1,248 shares during the period. Institutional investors and hedge funds own 58.29% of the company’s stock.

QCRH stock traded down $1.30 during midday trading on Tuesday, reaching $32.35. The company had a trading volume of 68,757 shares, compared to its average volume of 29,938. The company has a quick ratio of 1.01, a current ratio of 0.99 and a debt-to-equity ratio of 0.80. QCR has a fifty-two week low of $30.15 and a fifty-two week high of $49.60. The company has a market cap of $509.16 million, a P/E ratio of 10.50, a PEG ratio of 0.92 and a beta of 0.73.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 3rd. Shareholders of record on Friday, March 15th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.24 dividend on an annualized basis and a yield of 0.74%. QCR’s payout ratio is currently 7.79%.

QCR Company Profile

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company operates through Commercial Banking and Wealth Management segments. Its deposit products include noninterest and interest-bearing demand, time, and brokered time deposits.

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Earnings History and Estimates for QCR (NASDAQ:QCRH)

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