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NASDAQ:ISTR

Investar (ISTR) Stock Price, News & Analysis

Investar logo
$22.36 +0.54 (+2.47%)
(As of 12/20/2024 05:16 PM ET)

About Investar Stock (NASDAQ:ISTR)

Key Stats

Today's Range
$21.42
$22.50
50-Day Range
$19.84
$24.45
52-Week Range
$14.50
$24.81
Volume
99,827 shs
Average Volume
41,806 shs
Market Capitalization
$219.75 million
P/E Ratio
12.49
Dividend Yield
1.88%
Price Target
$20.00
Consensus Rating
Buy

Company Overview

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. It also provides commercial real estate loans; commercial and industrial loans, including working capital lines of credit and equipment loans; loans for the construction of commercial projects, and single family residential and multifamily properties; one-to-four family residential real estate loans, such as second mortgage loans; and consumer loans, such as secured and unsecured installment and term loans, home equity loans and lines of credit, and auto loans, as well as loans for personal, family, and household purposes. In addition, the company offers treasury management products, including remote deposit capture, lockbox payment processing, virtual vault, positive pay, ACH origination, wire transfer, investment sweep accounts, and business internet banking services. Further, it provides various other banking services, such as cashiers' checks, direct deposit of payroll and social security checks, night depository, bank-by-mail, automated teller machines, electronic statements, interactive teller machines, online account opening, and mobile wallet payment services. Investar Holding Corporation was founded in 2006 and is headquartered in Baton Rouge, Louisiana.

Investar Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
89th Percentile Overall Score

ISTR MarketRank™: 

Investar scored higher than 89% of companies evaluated by MarketBeat, and ranked 155th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Investar has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Investar has received no research coverage in the past 90 days.

  • Read more about Investar's stock forecast and price target.
  • Earnings Growth

    Earnings for Investar are expected to grow by 11.59% in the coming year, from $1.64 to $1.83 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Investar is 12.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.15.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Investar is 12.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.49.

  • Price to Book Value per Share Ratio

    Investar has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.98% of the float of Investar has been sold short.
  • Short Interest Ratio / Days to Cover

    Investar has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Investar has recently decreased by 5.10%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Investar pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Investar does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Investar is 23.46%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Investar will have a dividend payout ratio of 22.95% next year. This indicates that Investar will be able to sustain or increase its dividend.

  • Read more about Investar's dividend.
  • Percentage of Shares Shorted

    1.98% of the float of Investar has been sold short.
  • Short Interest Ratio / Days to Cover

    Investar has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Investar has recently decreased by 5.10%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Investar has a news sentiment score of 0.84. 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 3 news articles for Investar this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Investar insiders have bought more of their company's stock than they have sold. Specifically, they have bought $200,688.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 8.73% of the stock of Investar is held by insiders.

  • Percentage Held by Institutions

    50.17% of the stock of Investar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Investar's insider trading history.
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ISTR Stock News Headlines

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ISTR Stock Analysis - Frequently Asked Questions

Investar's stock was trading at $14.91 on January 1st, 2024. Since then, ISTR shares have increased by 50.0% and is now trading at $22.36.
View the best growth stocks for 2024 here
.

Investar Holding Co. (NASDAQ:ISTR) released its quarterly earnings data on Monday, October, 21st. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.12. The financial services provider had revenue of $40.39 million for the quarter, compared to the consensus estimate of $20.07 million. Investar had a trailing twelve-month return on equity of 6.94% and a net margin of 11.35%.

Investar's top institutional investors include Banc Funds Co. LLC (5.94%), Geode Capital Management LLC (2.26%), Franklin Resources Inc. (1.93%) and Wellington Management Group LLP (1.64%). Insiders that own company stock include John J D'angelo, Andrew C Nelson, Robert Chris Jordan, Linda M Crochet, Scott G Ginn, James M Baker, Rose J Hudson, John R Campbell and Jeffrey Wayne Martin.
View institutional ownership trends
.

Shares of ISTR 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.

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

Company Calendar

Ex-Dividend for 10/31 Dividend
9/30/2024
Last Earnings
10/21/2024
Dividend Payable
10/31/2024
Today
12/21/2024
Ex-Dividend for 1/31 Dividend
12/31/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:ISTR
Employees
340
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
-10.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$16.68 million
Pretax Margin
13.77%

Debt

Sales & Book Value

Annual Sales
$80.05 million
Cash Flow
$2.21 per share
Book Value
$23.25 per share

Miscellaneous

Free Float
8,970,000
Market Cap
$219.75 million
Optionable
Not Optionable
Beta
0.79

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This page (NASDAQ:ISTR) was last updated on 12/21/2024 by MarketBeat.com Staff
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