Free Trial

Investar (NASDAQ:ISTR) Announces Earnings Results

Investar logo with Finance background

Investar (NASDAQ:ISTR - Get Free Report) posted its quarterly earnings data on Monday. The financial services provider reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.29, Zacks reports. The company had revenue of $20.25 million during the quarter, compared to analyst estimates of $19.90 million. Investar had a net margin of 12.81% and a return on equity of 8.00%.

Investar Trading Down 1.3 %

ISTR traded down $0.24 during mid-day trading on Friday, reaching $18.24. The stock had a trading volume of 23,210 shares, compared to its average volume of 44,750. The firm's fifty day simple moving average is $17.41 and its two-hundred day simple moving average is $19.97. The stock has a market capitalization of $179.14 million, a P/E ratio of 8.94 and a beta of 0.52. Investar has a 52 week low of $14.60 and a 52 week high of $24.81. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Monday, March 31st. Investar's dividend payout ratio (DPR) is presently 20.59%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ISTR shares. Piper Sandler raised Investar from a "neutral" rating to an "overweight" rating and raised their price target for the company from $21.00 to $22.00 in a report on Tuesday. StockNews.com upgraded Investar from a "hold" rating to a "buy" rating in a research note on Tuesday.

Check Out Our Latest Analysis on ISTR

About Investar

(Get Free Report)

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.

Read More

Earnings History for Investar (NASDAQ:ISTR)

Should You Invest $1,000 in Investar Right Now?

Before you consider Investar, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Investar wasn't on the list.

While Investar currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Spring 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This $13 Trillion Energy Breakthrough Will Make Millionaires
Magnificent 7 Stocks Shift Toward Stability and Selective Growth
4 Biotech Stocks on the Verge of Massive Breakthroughs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines