Peoples Bancorp (PEBO) Expected to Announce Quarterly Earnings on Tuesday

Peoples Bancorp (NASDAQ:PEBO - Get Free Report) is expected to announce its earnings results before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $0.73 per share and revenue of $112.76 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Peoples Bancorp (NASDAQ:PEBO - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The bank reported $0.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.01. Peoples Bancorp had a net margin of 18.90% and a return on equity of 11.07%. During the same period in the prior year, the business posted $1.04 earnings per share. On average, analysts expect Peoples Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Peoples Bancorp Stock Performance

Shares of NASDAQ PEBO traded up $0.16 during midday trading on Friday, reaching $27.85. The company's stock had a trading volume of 191,363 shares, compared to its average volume of 132,023. The stock has a market capitalization of $993.41 million, a P/E ratio of 8.41 and a beta of 0.63. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a 50 day moving average price of $29.88 and a 200-day moving average price of $31.69. Peoples Bancorp has a 12-month low of $26.21 and a 12-month high of $37.07.

Peoples Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were issued a dividend of $0.40 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.60 dividend on an annualized basis and a yield of 5.75%. Peoples Bancorp's dividend payout ratio (DPR) is currently 48.34%.

Insider Buying and Selling

In related news, Director Carol A. Schneeberger sold 1,000 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $30.20, for a total transaction of $30,200.00. Following the sale, the director now directly owns 25,686 shares in the company, valued at approximately $775,717.20. This represents a 3.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.41% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on PEBO shares. DA Davidson decreased their target price on Peoples Bancorp from $42.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, January 22nd. Stephens restated an "equal weight" rating and set a $37.50 price objective on shares of Peoples Bancorp in a report on Wednesday, January 22nd. Finally, Piper Sandler boosted their target price on shares of Peoples Bancorp from $39.00 to $40.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Peoples Bancorp has an average rating of "Hold" and a consensus target price of $38.38.

About Peoples Bancorp

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.