German American Bancorp (GABC) Stock Price, News & Analysis

Company Overview

German American Bancorp, Inc. operates as a financial holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Wealth Management Services, and Insurance Operations. The Core Banking segment accepts deposits from the general public; and originates consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, as well as sells residential mortgage loans in the secondary market. The Wealth Management segment provides trust, investment advisory, brokerage, and retirement planning services. The Insurance Operations segment offers a range of personal and corporate property and casualty insurance products. It also offers checking, saving, and individual retirement accounts; certificates of deposit; wire transfer; credit cards; home equity, mortgages, and small business; treasury management; and online and mobile banking, bill pay, digital wallet, mobile check deposit, credit score and report, money management, and estatements, as well as wealth advisory. German American Bancorp, Inc. was founded in 1910 and is based in Jasper, Indiana.

Key Stats

• Today's Range: $40.60 to $41.16
• 50-Day Range: $36.83 to $41.13
• 52-Week Range: $24.85 to $42.78
• Volume: 111,521 shs
• Average Volume: 105,259 shs
• Market Capitalization: $1.22 billion
• P/E Ratio: 14.74
• Dividend Yield: 2.63%
• Price Target: $41.75
• Consensus Rating: Moderate Buy

German American Bancorp Stock Analysis - MarketRank™

German American Bancorp scored higher than 81% of companies evaluated by MarketBeat, and ranked 281st out of 910 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

German American Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

German American Bancorp has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.26%

Earnings Growth

Earnings for German American Bancorp are expected to grow by 9.26% in the coming year, from $2.70 to $2.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of German American Bancorp is 14.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of German American Bancorp is 14.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.92.

Price to Book Value per Share Ratio

German American Bancorp has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.72% of the outstanding shares of German American Bancorp have been sold short.

Short Interest Ratio / Days to Cover

German American Bancorp has a short interest ratio ("days to cover") of 13.8, which indicates bearish sentiment.

Change versus previous month

Short interest in German American Bancorp has recently increased by 6.06%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

German American Bancorp pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

German American Bancorp has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of German American Bancorp is 37.89%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, German American Bancorp will have a dividend payout ratio of 36.61% next year. This indicates that German American Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.48

Percentage of Shares Shorted

4.72% of the outstanding shares of German American Bancorp have been sold short.

Short Interest Ratio / Days to Cover

German American Bancorp has a short interest ratio ("days to cover") of 13.8, which indicates bearish sentiment.

Change versus previous month

Short interest in German American Bancorp has recently increased by 6.06%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

German American Bancorp has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for German American Bancorp this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, German American Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $137,119.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 6.16% of the stock of German American Bancorp is held by insiders.

Percentage Held by Institutions

46.90% of the stock of German American Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GABC Stock Analysis - Frequently Asked Questions

How have GABC shares performed this year?

German American Bancorp's stock was trading at $32.41 at the beginning of the year. Since then, GABC stock has increased by 26.9% and is now trading at $41.13.
View the best growth stocks for 2024 here.

How were German American Bancorp's earnings last quarter?

German American Bancorp, Inc. (NASDAQ:GABC) posted its quarterly earnings results on Monday, July, 29th. The bank reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.08. The bank earned $64.89 million during the quarter, compared to the consensus estimate of $60.20 million. German American Bancorp had a trailing twelve-month return on equity of 12.97% and a net margin of 24.44%.

Who are German American Bancorp's major shareholders?

Top institutional shareholders of German American Bancorp include Wedge Capital Management L L P NC (0.27%), Valeo Financial Advisors LLC (0.07%), Creative Planning (0.05%) and SG Americas Securities LLC (0.02%). Insiders that own company stock include Thomas W Seger, Jack Sheidler, Chris A Ramsey, Tyson J Wagler, Christina M Ryan, Jason M Kelly, Susan J Ellspermann, Diane B Medley and Zachary W Bawel.
View institutional ownership trends.

How do I buy shares of German American Bancorp?

Shares of GABC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of German American Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that German American Bancorp investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Advanced Micro Devices (AMD), NVIDIA (NVDA), Home Depot (HD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 7/29/2024
• Ex-Dividend for 8/20 Dividend: 8/09/2024
• Dividend Payable: 8/20/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:GABC
• CUSIP: 37386510
• CIK: 714395
• Web: www.germanamerican.com
• Phone: (812) 482-1314
• Fax: 812-482-0758
• Employees: 840
• Year Founded: 1910

Price Target and Rating

• Average Stock Price Target: $41.75
• High Stock Price Target: $45.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +1.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.85
• Trailing P/E Ratio: 14.74
• Forward P/E Ratio: 15.23
• P/E Growth: N/A
• Net Income: $85.89 million
• Net Margins: 24.44%
• Pretax Margin: 30.00%
• Return on Equity: 12.97%
• Return on Assets: 1.35%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 0.83
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $210.95 million
• Price / Sales: 5.78
• Cash Flow: $3.67 per share
• Price / Cash Flow: 11.21
• Book Value: $22.44 per share
• Price / Book: 1.83

Miscellaneous

• Outstanding Shares: 29,666,000
• Free Float: 27,851,000
• Market Cap: $1.22 billion
• Optionable: Optionable
• Beta: 0.61