QCR (QCRH) to Release Quarterly Earnings on Tuesday

QCR (NASDAQ:QCRH - Get Free Report) is expected to be releasing its earnings data after the market closes on Tuesday, April 22nd. Analysts expect QCR to post earnings of $1.51 per share and revenue of $94.01 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

QCR (NASDAQ:QCRH - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The bank reported $1.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.74 by $0.19. QCR had a return on equity of 12.68% and a net margin of 19.06%. On average, analysts expect QCR to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

QCR Price Performance

Shares of NASDAQ QCRH traded up $1.03 during trading hours on Friday, reaching $66.93. 97,848 shares of the stock traded hands, compared to its average volume of 72,866. The company has a market capitalization of $1.13 billion, a P/E ratio of 9.97 and a beta of 0.81. The company's 50-day simple moving average is $71.63 and its two-hundred day simple moving average is $78.89. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67. QCR has a 52-week low of $54.75 and a 52-week high of $96.08.

QCR Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 19th were issued a $0.06 dividend. The ex-dividend date was Wednesday, March 19th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.36%. QCR's payout ratio is 3.58%.

Insider Buying and Selling

In other QCR news, insider James D. Klein sold 630 shares of the business's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $73.40, for a total value of $46,242.00. Following the transaction, the insider now owns 428 shares in the company, valued at approximately $31,415.20. The trade was a 59.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Nicole A. Lee bought 1,094 shares of the company's stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average price of $78.47 per share, with a total value of $85,846.18. Following the completion of the acquisition, the executive vice president now owns 1,881 shares of the company's stock, valued at $147,602.07. This trade represents a 139.01 % increase in their position. The disclosure for this purchase can be found here. 3.70% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, Raymond James lowered their price target on shares of QCR from $95.00 to $82.00 and set an "outperform" rating for the company in a research note on Wednesday, April 2nd.

About QCR

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company's deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies.