Investar (ISTR) Expected to Announce Quarterly Earnings on Monday

Investar (NASDAQ:ISTR - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Monday, July 21st. Analysts expect the company to announce earnings of $0.40 per share and revenue of $21.15 million for the quarter.

Investar (NASDAQ:ISTR - Get Free Report) last announced its earnings results on Monday, July 21st. The financial services provider reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.07. Investar had a net margin of 14.33% and a return on equity of 8.92%. The business had revenue of $22.27 million during the quarter, compared to analysts' expectations of $21.15 million. On average, analysts expect Investar to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Investar Stock Performance

ISTR stock traded down $0.57 during midday trading on Thursday, reaching $21.84. 29,338 shares of the company's stock traded hands, compared to its average volume of 47,566. The stock has a market cap of $214.91 million, a P/E ratio of 9.75 and a beta of 0.56. Investar has a 52-week low of $15.39 and a 52-week high of $24.81. The stock's 50-day moving average is $20.04 and its 200 day moving average is $18.94. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30.

Investar Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Monday, June 30th will be given a dividend of $0.11 per share. This is a positive change from Investar's previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.01%. Investar's dividend payout ratio is currently 19.64%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Investar stock. Empowered Funds LLC grew its position in Investar Holding Corporation (NASDAQ:ISTR - Free Report) by 7.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 58,028 shares of the financial services provider's stock after buying an additional 3,905 shares during the period. Empowered Funds LLC owned 0.59% of Investar worth $1,022,000 at the end of the most recent quarter. Institutional investors own 50.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ISTR. Piper Sandler upped their target price on shares of Investar from $22.00 to $27.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 2nd. Wall Street Zen downgraded shares of Investar from a "buy" rating to a "hold" rating in a report on Saturday, May 17th.

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.