Headlines about Investar Holding Corp (NASDAQ:ISTR) have trended somewhat positive this week, Alpha One Sentiment Analysis reports. The research group, a unit of Accern, ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Investar Holding Corp earned a media sentiment score of 0.05 on Alpha One’s scale. Alpha One also gave media headlines about the financial services provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the company’s share price in the next few days.
A number of equities analysts recently issued reports on ISTR shares. Zacks Investment Research upgraded Investar Holding Corp from a “sell” rating to a “hold” rating and set a $24.00 target price on the stock in a report on Monday, March 13th. Piper Jaffray Companies started coverage on Investar Holding Corp in a report on Thursday, March 9th. They issued an “overweight” rating and a $22.00 target price on the stock.
Shares of Investar Holding Corp (NASDAQ:ISTR) traded down 0.44% during trading on Friday, reaching $22.45. The company’s stock had a trading volume of 14,395 shares. The stock’s 50 day moving average is $22.32 and its 200 day moving average is $20.01. The firm has a market cap of $194.78 million, a P/E ratio of 20.79 and a beta of 0.30. Investar Holding Corp has a one year low of $14.96 and a one year high of $22.90.
Investar Holding Corp (NASDAQ:ISTR) last announced its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.28 EPS for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.03. The firm had revenue of $9.75 million during the quarter, compared to the consensus estimate of $9.57 million. Investar Holding Corp had a net margin of 16.21% and a return on equity of 7.00%. On average, equities analysts forecast that Investar Holding Corp will post $1.11 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 28th. Investors of record on Wednesday, March 29th were given a $0.02 dividend. The ex-dividend date of this dividend was Monday, March 27th. This represents a $0.08 dividend on an annualized basis and a yield of 0.35%. This is an increase from Investar Holding Corp’s previous quarterly dividend of $0.01. Investar Holding Corp’s dividend payout ratio (DPR) is presently 4.50%.
Investar Holding Corp Company Profile
Investar Holding Corporation is financial holding company that conducts its operations through, Investar Bank (the Bank), which is a commercial bank. The Company offers a range of commercial and retail lending products throughout its market areas, including business loans to small to medium-sized businesses, as well as loans to individuals.
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