Investar (ISTR) Projected to Post Earnings on Monday

Investar (NASDAQ:ISTR - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Monday, April 21st. Analysts expect the company to announce earnings of $0.35 per share and revenue of $19.90 million for the quarter.

Investar (NASDAQ:ISTR - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.29. The business had revenue of $20.25 million during the quarter, compared to the consensus estimate of $19.90 million. Investar had a return on equity of 8.00% and a net margin of 12.81%. On average, analysts expect Investar to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Investar Stock Up 0.2 %

Shares of NASDAQ:ISTR traded up $0.03 during midday trading on Thursday, reaching $18.50. The company's stock had a trading volume of 22,270 shares, compared to its average volume of 44,645. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.85. The firm has a 50 day moving average of $17.44 and a 200-day moving average of $19.97. The firm has a market capitalization of $181.69 million, a P/E ratio of 9.07 and a beta of 0.52. Investar has a 12-month low of $14.60 and a 12-month high of $24.81.

Investar Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Monday, March 31st. Investar's dividend payout ratio (DPR) is presently 20.59%.

Analysts Set New Price Targets

ISTR has been the topic of a number of analyst reports. StockNews.com raised Investar from a "hold" rating to a "buy" rating in a research report on Tuesday. Piper Sandler upgraded Investar from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $21.00 to $22.00 in a research note on Tuesday.

Investar Company Profile

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States. The company offers various deposit products and services, such as savings, checking, money market, and individual retirement accounts, as well as various certificates of deposit; debit and credit cards; internet, mobile, and video banking services; and reciprocal deposit products.