Equities analysts expect that QCR Holdings, Inc. (NASDAQ:QCRH) will report earnings of $0.84 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for QCR’s earnings, with the lowest EPS estimate coming in at $0.73 and the highest estimate coming in at $0.89. QCR reported earnings per share of $0.70 during the same quarter last year, which would indicate a positive year-over-year growth rate of 20%. The company is expected to announce its next earnings report on Thursday, February 7th.
On average, analysts expect that QCR will report full year earnings of $3.01 per share for the current financial year, with EPS estimates ranging from $2.90 to $3.09. For the next fiscal year, analysts anticipate that the company will report earnings of $3.63 per share, with EPS estimates ranging from $3.45 to $3.70. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover QCR.
QCR (NASDAQ:QCRH) last issued its quarterly earnings results on Monday, October 29th. The bank reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.22). The business had revenue of $47.12 million for the quarter, compared to analysts’ expectations of $45.06 million. QCR had a return on equity of 11.59% and a net margin of 19.46%.
In other news, CEO Thomas D. Budd sold 824 shares of the firm’s stock in a transaction that occurred on Wednesday, September 19th. The stock was sold at an average price of $43.00, for a total value of $35,432.00. Following the transaction, the chief executive officer now owns 2,116 shares in the company, valued at $90,988. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 8.80% of the company’s stock.
Several large investors have recently bought and sold shares of QCRH. Northern Trust Corp increased its holdings in shares of QCR by 2.4% in the first quarter. Northern Trust Corp now owns 156,834 shares of the bank’s stock valued at $7,035,000 after purchasing an additional 3,744 shares during the last quarter. BlackRock Inc. increased its holdings in shares of QCR by 7.0% in the first quarter. BlackRock Inc. now owns 1,043,060 shares of the bank’s stock valued at $46,782,000 after purchasing an additional 68,531 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of QCR by 24.7% in the first quarter. Dimensional Fund Advisors LP now owns 366,810 shares of the bank’s stock valued at $16,452,000 after purchasing an additional 72,619 shares during the last quarter. A.R.T. Advisors LLC acquired a new stake in shares of QCR in the first quarter valued at approximately $239,000. Finally, Barclays PLC increased its holdings in shares of QCR by 82.8% in the first quarter. Barclays PLC now owns 3,514 shares of the bank’s stock valued at $158,000 after purchasing an additional 1,592 shares during the last quarter. 56.99% of the stock is owned by hedge funds and other institutional investors.
Shares of QCRH stock opened at $37.75 on Thursday. The company has a market cap of $591.32 million, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 1.25 and a beta of 0.50. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.98. QCR has a 12-month low of $34.25 and a 12-month high of $49.60.
QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company operates through Commercial Banking and Wealth Management segments. Its deposit products include noninterest and interest-bearing demand, time, and brokered time deposits.
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