Old Second Bancorp (NASDAQ:OSBC) Price Target Raised to $19.00 at DA Davidson

Key Points

• DA Davidson has raised its price target for Old Second Bancorp (NASDAQ:OSBC) from $17.00 to $19.00, indicating a potential upside of 7.04% from the current stock price.
• Analysts have mixed ratings on the stock, with two holding, three buying, and one issuing a strong buy rating; the consensus rating is currently a "Moderate Buy".
• The company recently reported $0.48 earnings per share, slightly missing the consensus estimate, but its revenue of $75.13 million exceeded expectations.
• Institutional investors hold 67.76% of Old Second Bancorp's stock, indicating substantial confidence from major financial players.

Old Second Bancorp (NASDAQ:OSBC - Free Report) had its target price upped by DA Davidson from $17.00 to $19.00 in a research report report published on Friday morning,Benzinga reports. They currently have a neutral rating on the financial services provider's stock. DA Davidson also issued estimates for Old Second Bancorp's Q3 2025 earnings at $0.56 EPS, FY2025 earnings at $2.06 EPS and FY2026 earnings at $2.20 EPS.

OSBC has been the topic of several other research reports. Wall Street Zen upgraded shares of Old Second Bancorp from a "sell" rating to a "hold" rating in a report on Friday, July 18th. Stephens decreased their target price on shares of Old Second Bancorp from $22.00 to $20.00 and set an "overweight" rating for the company in a research report on Friday, April 25th. Piper Sandler reaffirmed an "overweight" rating and issued a $24.50 price objective (up from $22.00) on shares of Old Second Bancorp in a research report on Wednesday, July 2nd. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Old Second Bancorp from $24.00 to $22.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Old Second Bancorp presently has a consensus rating of "Moderate Buy" and an average price target of $20.70.

Old Second Bancorp Trading Down 0.7%

Shares of NASDAQ:OSBC traded down $0.12 during mid-day trading on Friday, reaching $17.61. 304,243 shares of the company's stock were exchanged, compared to its average volume of 228,643. The firm has a market capitalization of $793.51 million, a price-to-earnings ratio of 9.62 and a beta of 0.81. The business's fifty day moving average price is $17.56 and its 200-day moving average price is $17.25. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 0.85. Old Second Bancorp has a twelve month low of $14.14 and a twelve month high of $19.46.

Old Second Bancorp (NASDAQ:OSBC - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The financial services provider reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.01). The business had revenue of $75.13 million for the quarter, compared to analyst estimates of $63.58 million. Old Second Bancorp had a return on equity of 12.73% and a net margin of 24.38%. On average, research analysts predict that Old Second Bancorp will post 1.86 EPS for the current fiscal year.

Old Second Bancorp Dividend Announcement

The company also recently declared a special dividend, which will be paid on Monday, August 4th. Stockholders of record on Friday, July 25th will be issued a $0.06 dividend. This represents a dividend yield of 1.3%. The ex-dividend date is Friday, July 25th. Old Second Bancorp's dividend payout ratio is currently 13.11%.

Institutional Trading of Old Second Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of OSBC. Vanguard Group Inc. increased its holdings in Old Second Bancorp by 2.8% in the 1st quarter. Vanguard Group Inc. now owns 2,711,390 shares of the financial services provider's stock worth $45,118,000 after acquiring an additional 73,672 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Old Second Bancorp by 7.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,019,433 shares of the financial services provider's stock worth $35,906,000 after acquiring an additional 134,455 shares during the last quarter. FJ Capital Management LLC lifted its stake in Old Second Bancorp by 0.8% in the first quarter. FJ Capital Management LLC now owns 1,810,720 shares of the financial services provider's stock worth $30,130,000 after acquiring an additional 15,108 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Old Second Bancorp by 74.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,478,332 shares of the financial services provider's stock worth $24,599,000 after buying an additional 630,265 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Old Second Bancorp by 9.7% in the 1st quarter. American Century Companies Inc. now owns 1,139,741 shares of the financial services provider's stock valued at $18,965,000 after purchasing an additional 101,246 shares during the last quarter. 67.76% of the stock is currently owned by institutional investors and hedge funds.

Old Second Bancorp Company Profile

Old Second Bancorp, Inc operates as the bank holding company for Old Second National Bank that provides community banking services. It offers demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificates of deposit accounts. The company also provides commercial loans; lease financing receivables; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage and second mortgage loans; home equity line of credit; consumer loans, including motor vehicle, home improvement, and signature loans; installment and agricultural loans; residential mortgages; and overdraft checking.