Investar (ISTR) Projected to Post Earnings on Monday

Investar (NASDAQ:ISTR - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings results before the market opens on Monday, April 21st. Analysts expect the company to announce earnings of $0.35 per share and revenue of $19.90 million for the quarter.

Investar (NASDAQ:ISTR - Get Free Report) last posted its quarterly earnings results on Monday, April 21st. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.29. The business had revenue of $20.25 million for the quarter, compared to the consensus estimate of $19.90 million. Investar had a return on equity of 8.00% and a net margin of 12.81%. On average, analysts expect Investar to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Investar Stock Down 0.6 %

ISTR stock traded down $0.12 during trading on Friday, reaching $18.36. 4,929 shares of the company traded hands, compared to its average volume of 34,393. The business has a 50 day simple moving average of $17.42 and a 200 day simple moving average of $19.97. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.95 and a current ratio of 0.95. Investar has a 12 month low of $14.60 and a 12 month high of $24.81. The company has a market capitalization of $180.31 million, a price-to-earnings ratio of 9.00 and a beta of 0.52.

Investar Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a $0.105 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.42 dividend on an annualized basis and a yield of 2.29%. Investar's dividend payout ratio (DPR) is 20.59%.

Analysts Set New Price Targets

ISTR has been the subject of several recent research reports. Piper Sandler raised Investar from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $21.00 to $22.00 in a research note on Tuesday. StockNews.com raised Investar from a "hold" rating to a "buy" rating in a report on Tuesday.

Investar Company Profile

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States. The company offers various deposit products and services, such as savings, checking, money market, and individual retirement accounts, as well as various certificates of deposit; debit and credit cards; internet, mobile, and video banking services; and reciprocal deposit products.