Analysts forecast that QCR Holdings, Inc. (NASDAQ:QCRH) will report $0.83 earnings per share (EPS) for the current quarter, Zacks reports. Four analysts have issued estimates for QCR’s earnings, with the lowest EPS estimate coming in at $0.77 and the highest estimate coming in at $0.93. QCR posted earnings of $0.75 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 10.7%. The business is scheduled to issue its next quarterly earnings report on Wednesday, April 17th.
On average, 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 fiscal year, analysts forecast that the firm will post 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 analysts that cover QCR.
QCR (NASDAQ:QCRH) last posted its quarterly earnings data on Thursday, January 24th. The bank reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $54.87 million for the quarter, compared to analyst estimates of $48.73 million. QCR had a return on equity of 11.18% and a net margin of 19.21%.
QCR stock opened at $33.65 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 1.01 and a debt-to-equity ratio of 0.80. QCR has a 52 week low of $30.15 and a 52 week high of $49.60. The firm has a market capitalization of $532.60 million, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of 0.96 and a beta of 0.73.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Friday, March 15th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, March 14th. QCR’s dividend payout ratio (DPR) is presently 7.79%.
In other news, CEO John H. Anderson sold 3,069 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $34.20, for a total transaction of $104,959.80. Following the transaction, the chief executive officer now owns 4,285 shares of the company’s stock, valued at $146,547. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 8.80% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its holdings in QCR by 0.9% in the fourth quarter. BlackRock Inc. now owns 925,327 shares of the bank’s stock valued at $29,694,000 after purchasing an additional 8,240 shares during the last quarter. Vanguard Group Inc. increased its holdings in QCR by 4.1% in the third quarter. Vanguard Group Inc. now owns 603,887 shares of the bank’s stock valued at $24,670,000 after purchasing an additional 23,735 shares during the last quarter. Vanguard Group Inc increased its holdings in QCR by 4.1% in the third quarter. Vanguard Group Inc now owns 603,887 shares of the bank’s stock valued at $24,670,000 after purchasing an additional 23,735 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in QCR by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 546,201 shares of the bank’s stock valued at $17,528,000 after purchasing an additional 35,714 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in QCR by 1.4% in the third quarter. Renaissance Technologies LLC now owns 518,100 shares of the bank’s stock valued at $21,164,000 after purchasing an additional 7,400 shares during the last quarter. 58.29% of the stock is currently owned by institutional investors and hedge funds.
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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