IF Bancorp, Inc. (NASDAQ:IROQ - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.42 and traded as high as $20.75. IF Bancorp shares last traded at $20.60, with a volume of 14,502 shares changing hands.
IF Bancorp Trading Up 1.6 %
The firm has a market capitalization of $70.18 million, a price-to-earnings ratio of 33.77 and a beta of 0.52. The business's 50 day moving average price is $18.81 and its 200-day moving average price is $17.42. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.84 and a quick ratio of 0.84.
IF Bancorp (NASDAQ:IROQ - Get Free Report) last issued its earnings results on Thursday, August 29th. The savings and loans company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $5.70 million during the quarter. IF Bancorp had a return on equity of 2.50% and a net margin of 3.95%.
IF Bancorp Announces Dividend
The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, October 18th. Shareholders of record on Friday, September 27th will be issued a $0.20 dividend. This represents a yield of 2.3%. The ex-dividend date of this dividend is Friday, September 27th. IF Bancorp's dividend payout ratio (DPR) is currently 65.57%.
Institutional Trading of IF Bancorp
A hedge fund recently raised its stake in IF Bancorp stock. Gendell Jeffrey L boosted its position in shares of IF Bancorp, Inc. (NASDAQ:IROQ - Free Report) by 14.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 312,151 shares of the savings and loans company's stock after purchasing an additional 40,111 shares during the quarter. Gendell Jeffrey L owned approximately 9.32% of IF Bancorp worth $5,191,000 at the end of the most recent reporting period. Institutional investors own 44.11% of the company's stock.
IF Bancorp Company Profile
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IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.
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