News coverage about QCR (NASDAQ:QCRH) has been trending positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. QCR earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 46.1524962976881 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
QCRH has been the topic of a number of analyst reports. ValuEngine upgraded shares of QCR from a “hold” rating to a “buy” rating in a research note on Thursday, March 8th. Piper Jaffray Companies set a $52.00 price objective on shares of QCR and gave the company a “buy” rating in a research note on Monday, February 5th. Stephens set a $53.00 price objective on shares of QCR and gave the company a “buy” rating in a research note on Monday, February 5th. Maxim Group reiterated a “buy” rating and set a $53.00 price objective on shares of QCR in a research note on Friday, February 2nd. Finally, BidaskClub lowered shares of QCR from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $53.60.
QCR (NASDAQ QCRH) traded up $0.68 on Tuesday, hitting $47.45. 6,917 shares of the stock were exchanged, compared to its average volume of 54,086. The stock has a market capitalization of $657.63, a price-to-earnings ratio of 18.22, a P/E/G ratio of 1.46 and a beta of 0.41. QCR has a 12 month low of $39.85 and a 12 month high of $50.00. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.95 and a quick ratio of 0.95.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 4th. Stockholders of record on Friday, March 16th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, March 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.51%. This is an increase from QCR’s previous quarterly dividend of $0.05. QCR’s dividend payout ratio (DPR) is presently 7.66%.
In other news, CEO Thomas D. Budd sold 997 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $44.33, for a total transaction of $44,197.01. Following the completion of the sale, the chief executive officer now owns 4,208 shares of the company’s stock, valued at $186,540.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Douglas M. Hultquist sold 2,036 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $43.90, for a total transaction of $89,380.40. Following the sale, the chief executive officer now directly owns 77,404 shares of the company’s stock, valued at approximately $3,398,035.60. The disclosure for this sale can be found here. Insiders have sold 6,868 shares of company stock valued at $302,774 in the last three months. Corporate insiders own 8.80% of the company’s stock.
QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), Rockford Bank and Trust Company (RB&T), and Guaranty Bank and Trust Company, which provide full-service commercial and consumer banking and trust and asset management services.
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