QCR (NASDAQ:QCRH) is scheduled to issue its Q3 2019 quarterly earnings data after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of $0.91 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
QCR (NASDAQ:QCRH) last posted its quarterly earnings results on Tuesday, July 23rd. The bank reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. The business had revenue of $55.08 million during the quarter, compared to analysts’ expectations of $50.76 million. QCR had a net margin of 18.53% and a return on equity of 10.82%. On average, analysts expect QCR to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NASDAQ:QCRH opened at $38.19 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $602.94 million, a price-to-earnings ratio of 12.40 and a beta of 0.81. The firm has a fifty day simple moving average of $37.42 and a two-hundred day simple moving average of $35.34. QCR has a 12 month low of $30.15 and a 12 month high of $39.80.
In other QCR news, insider Robert C. Fulp sold 1,500 shares of the firm’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $39.00, for a total value of $58,500.00. Following the transaction, the insider now directly owns 28,009 shares of the company’s stock, valued at $1,092,351. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 7.20% of the stock is currently owned by company insiders.
QCRH has been the subject of a number of research reports. BidaskClub upgraded shares of QCR from a “strong sell” rating to a “sell” rating in a report on Thursday, September 12th. Zacks Investment Research upgraded shares of QCR from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a report on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. QCR currently has an average rating of “Hold” and a consensus target price of $42.50.
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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