German American Bancorp - GABC Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for German American Bancorp in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GABC shares.
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1 brokers have issued twelve-month price objectives for German American Bancorp's shares. Their GABC share price forecasts range from $39.50 to $39.50. On average, they anticipate the company's stock price to reach $39.50 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
View analysts price targets for GABC or view top-rated stocks among Wall Street analysts.

German American Bancorp's stock was trading at $37.30 at the start of the year. Since then, GABC shares have increased by 9.0% and is now trading at $40.67.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our GABC earnings forecast.

German American Bancorp, Inc. (NASDAQ:GABC) posted its earnings results on Sunday, October, 24th. The bank reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.10. The bank had revenue of $56.84 million for the quarter, compared to analyst estimates of $53.50 million. German American Bancorp had a trailing twelve-month return on equity of 16.66% and a net margin of 29.43%.

German American Bancorp announced a quarterly dividend on Monday, January 30th. Shareholders of record on Friday, February 10th will be paid a dividend of $0.25 per share on Monday, February 20th. This represents a $1.00 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Thursday, February 9th. This is a positive change from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for GABC.

German American Bancorp (NASDAQ:GABC) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.26%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GABC will have a dividend payout ratio of 27.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GABC.

11 employees have rated German American Bancorp Chief Executive Officer Mark A. Schroeder on Glassdoor.com. Mark A. Schroeder has an approval rating of 100% among the company's employees. This puts Mark A. Schroeder in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other German American Bancorp investors own include Eastman Chemical (EMN), BlackRock (BLK), MetLife (MET), Huntington Bancshares (HBAN), International Business Machines (IBM), AbbVie (ABBV), Duke Energy (DUK), General Mills (GIS), Harley-Davidson (HOG) and Marathon Petroleum (MPC).

German American Bancorp trades on the NASDAQ under the ticker symbol "GABC."

German American Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.76%), Wedge Capital Management L L P NC (0.54%), State of New Jersey Common Pension Fund D (0.20%), Comerica Bank (0.17%), Landmark Financial Advisors LLC (0.11%) and Fisher Asset Management LLC (0.11%). Insiders that own company stock include Chris A Ramsey, Christina M Ryan, Clay W Ewing, J David Lett, Jack Sheidler, Jason M Kelly, Jason M Kelly, Lee A Mitchell, Lee A Mitchell, Raymond Ward Snowden, Susan J Ellspermann, Thomas W Seger, Tyson J Wagler, U Butch Klem and Zachary W Bawel.
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Shares of GABC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GABC stock can currently be purchased for approximately $40.67.

German American Bancorp (NASDAQ:GABC) has a market capitalization of $1.20 billion and generates $278.06 million in revenue each year. The bank earns $84.14 million in net income (profit) each year or $2.78 on an earnings per share basis.

The company employs 894 workers across the globe.

German American Bancorp's mailing address is 711 MAIN ST, JASPER IN, 47546. The official website for the company is www.germanamerican.com. The bank can be reached via phone at (812) 482-1314, via email at terri.eckerle@germanamerican.com, or via fax at 812-482-0758.