QCR (QCRH) Earning Somewhat Favorable Media Coverage, Report Shows

Press coverage about QCR (NASDAQ:QCRH) has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. QCR earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 46.26430745942 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

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Several brokerages have recently weighed in on QCRH. ValuEngine upgraded shares of QCR from a “hold” rating to a “buy” rating in a research note on Thursday, March 8th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $54.00 target price on shares of QCR in a research note on Friday, December 22nd. Piper Jaffray set a $52.00 target price on shares of QCR and gave the company a “buy” rating in a research note on Monday, February 5th. DA Davidson restated a “buy” rating and issued a $56.00 target price on shares of QCR in a research note on Wednesday, December 20th. Finally, Stephens set a $53.00 target price on shares of QCR and gave the company a “buy” rating in a research note on Monday, February 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. QCR has an average rating of “Buy” and an average target price of $53.60.

NASDAQ QCRH traded down $0.08 during trading hours on Tuesday, reaching $45.12. 5,316 shares of the company traded hands, compared to its average volume of 52,497. 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 0.84, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $617.17, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 1.36 and a beta of 0.40.

QCR (NASDAQ:QCRH) last posted its quarterly earnings data on Thursday, February 1st. The bank reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.04. QCR had a net margin of 21.51% and a return on equity of 11.58%. The firm had revenue of $41.51 million for the quarter, compared to the consensus estimate of $39.74 million. analysts anticipate that QCR will post 3.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 4th. Shareholders of record on Friday, March 16th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.53%. This is an increase from QCR’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Thursday, March 15th. QCR’s dividend payout ratio is 9.02%.

In other news, CEO Douglas M. Hultquist sold 2,014 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $44.33, for a total value of $89,280.62. Following the transaction, the chief executive officer now directly owns 77,404 shares in the company, valued at approximately $3,431,319.32. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Douglas M. Hultquist sold 2,057 shares of the firm’s stock in a transaction dated Monday, April 16th. The stock was sold at an average price of $44.50, for a total transaction of $91,536.50. Following the completion of the transaction, the chief executive officer now owns 76,347 shares in the company, valued at $3,397,441.50. The disclosure for this sale can be found here. Insiders have sold a total of 6,107 shares of company stock worth $270,198 over the last quarter. 8.80% of the stock is currently owned by insiders.

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About QCR

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.

Insider Buying and Selling by Quarter for QCR (NASDAQ:QCRH)

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