Equities Analysts Issue Forecasts for QCR FY2025 Earnings

QCR Holdings, Inc. (NASDAQ:QCRH - Free Report) - Research analysts at DA Davidson reduced their FY2025 earnings estimates for QCR in a research note issued to investors on Thursday, April 24th. DA Davidson analyst J. Rulis now forecasts that the bank will earn $6.65 per share for the year, down from their previous forecast of $6.80. The consensus estimate for QCR's current full-year earnings is $6.82 per share. DA Davidson also issued estimates for QCR's FY2026 earnings at $6.75 EPS.

QCRH has been the subject of a number of other research reports. Raymond James set a $78.00 price target on shares of QCR and gave the stock an "outperform" rating in a research note on Thursday, April 24th. Keefe, Bruyette & Woods reduced their target price on shares of QCR from $99.00 to $90.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Finally, Piper Sandler lowered their price target on shares of QCR from $98.00 to $88.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th.

QCR Stock Up 2.0 %

Shares of QCRH stock traded up $1.28 on Monday, hitting $66.41. 29,465 shares of the stock were exchanged, compared to its average volume of 74,146. The business has a 50-day moving average of $69.57 and a 200 day moving average of $78.26. QCR has a fifty-two week low of $54.75 and a fifty-two week high of $96.08. The firm has a market capitalization of $1.12 billion, a P/E ratio of 9.91 and a beta of 0.81. The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.67.

QCR (NASDAQ:QCRH - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The bank reported $1.53 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.01. The firm had revenue of $76.88 million during the quarter, compared to analyst estimates of $94.01 million. QCR had a net margin of 19.06% and a return on equity of 12.68%. During the same period in the prior year, the business earned $1.59 EPS.

QCR Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 19th were paid a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $0.24 annualized dividend and a dividend yield of 0.36%. QCR's dividend payout ratio is presently 3.61%.

Insider Buying and Selling

In other QCR news, CEO Larry J. Helling purchased 1,000 shares of the stock in a transaction on Monday, April 28th. The shares were purchased at an average price of $64.53 per share, with a total value of $64,530.00. Following the completion of the transaction, the chief executive officer now directly owns 40,264 shares in the company, valued at $2,598,235.92. This represents a 2.55 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James D. Klein sold 630 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $73.40, for a total value of $46,242.00. Following the completion of the sale, the insider now directly owns 428 shares of the company's stock, valued at approximately $31,415.20. The trade was a 59.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On QCR

Several institutional investors and hedge funds have recently modified their holdings of QCRH. JPMorgan Chase & Co. grew its stake in QCR by 10.3% in the 4th quarter. JPMorgan Chase & Co. now owns 465,282 shares of the bank's stock valued at $37,520,000 after buying an additional 43,439 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of QCR by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 402,487 shares of the bank's stock worth $32,464,000 after acquiring an additional 1,294 shares during the period. American Century Companies Inc. grew its position in shares of QCR by 10.5% in the fourth quarter. American Century Companies Inc. now owns 387,702 shares of the bank's stock valued at $31,264,000 after purchasing an additional 36,930 shares during the last quarter. Silvercrest Asset Management Group LLC lifted its holdings in QCR by 38.4% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 195,092 shares of the bank's stock worth $15,732,000 after purchasing an additional 54,161 shares during the last quarter. Finally, Nuveen Asset Management LLC grew its holdings in QCR by 0.3% in the 4th quarter. Nuveen Asset Management LLC now owns 177,026 shares of the bank's stock valued at $14,275,000 after buying an additional 609 shares in the last quarter. 70.01% of the stock is currently owned by institutional investors and hedge funds.

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.