Isabella Bank (OTCMKTS:ISBA) Shares Pass Above 50-Day Moving Average - Time to Sell?

Isabella Bank Co. (OTCMKTS:ISBA - Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $23.80 and traded as high as $25.82. Isabella Bank shares last traded at $25.82, with a volume of 2,869 shares traded.

Analysts Set New Price Targets

Separately, Piper Sandler raised their price objective on shares of Isabella Bank from $26.50 to $28.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd.

Isabella Bank Stock Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market capitalization of $192.50 million, a price-to-earnings ratio of 13.98 and a beta of 0.06. The business's 50 day simple moving average is $23.89 and its 200 day simple moving average is $24.31.

Isabella Bank (OTCMKTS:ISBA - Get Free Report) last issued its earnings results on Thursday, April 17th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.05. The business had revenue of $18.05 million for the quarter, compared to the consensus estimate of $18.50 million. Isabella Bank had a net margin of 13.28% and a return on equity of 7.34%. Research analysts anticipate that Isabella Bank Co. will post 2.25 EPS for the current year.

Isabella Bank Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 4.31%. The ex-dividend date was Thursday, March 27th. Isabella Bank's dividend payout ratio (DPR) is 56.85%.

About Isabella Bank

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts.