NASDAQ:IBKCIBERIABANK Stock Price, Forecast & News

$42.41

-2.35 (-5.25 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$42.18

Now: $42.41▼

$43.83

50-Day Range

$32.28

MA: $38.87▼

$46.84

52-Week Range

$25.65

Now: $42.41▼

$79.68

Volume632,600 shs

Average Volume550,767 shs

Market Capitalization$2.23 billion

P/E Ratio7.34

Dividend Yield4.43%

Beta1.68

IBERIABANK Corporation operates as the holding company for IBERIABANK that provides commercial and retail banking products and services in the United States. It offers various commercial, consumer, mortgage, and private banking products and services; cash management services; deposit and annuity products; and brokerage services, as well as sells variable annuities. The company also provides various title insurance and loan closing services; equity research, institutional sales and trading, and corporate finance services; and wealth management and trust advisory services to high net worth individuals, pension funds, corporations, and trusts, as well as invests in purchased tax credits. As of December 31, 2018, it operated 191 bank branch offices and 3 loan production offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, South Carolina, North Carolina, Mississippi, Missouri, and New York; 29 title insurance offices in Arkansas, Tennessee, and Louisiana; mortgage representative offices in 87 locations in 12 states; and 18 wealth management locations in 5 states. IBERIABANK Corporation was founded in 1887 and is headquartered in Lafayette, Louisiana.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
IBERIABANK has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $67.40, IBERIABANK has a potential upside of 58.9% from its current price of $42.41.
Amount of Analyst Coverage
IBERIABANK has only been the subject of 2 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
IBERIABANK has received 483 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
IBERIABANK has received 589 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
IBERIABANK has received 54.94% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about IBERIABANK and other stocks. Vote “Outperform” if you believe IBKC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IBKC will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
IBERIABANK is a leading dividend payer. It pays a dividend yield of 4.43%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
IBERIABANK has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of IBERIABANK is 26.82 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, IBERIABANK will have a dividend payout ratio of 32.36 % next year. This indicates that IBERIABANK will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IBERIABANK insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.65% of the stock of IBERIABANK is held by insiders.
Percentage Held by Institutions
82.80% of the stock of IBERIABANK is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for IBERIABANK are expected to grow by 47.09% in the coming year, from $3.95 to $5.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IBERIABANK is 7.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of IBERIABANK is 7.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.92.
Price to Earnings Growth Ratio
IBERIABANK has a PEG Ratio of 1.34. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IBERIABANK has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.74 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:IBKC

Previous Symbol

CUSIP45082810

CIK933141

Webwww.iberiabank.com

Phone337-521-4003

Debt

Debt-to-Equity Ratio0.31

Current Ratio0.98

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio7.34

Forward P/E Ratio10.74

P/E Growth1.34

Sales & Book Value

Annual Sales$1.54 billion

Price / Sales1.45

Cash Flow$7.68 per share

Price / Cash Flow5.52

Book Value$78.60 per share

Price / Book0.54

Profitability

EPS (Most Recent Fiscal Year)$7.01

Net Income$384.15 million

Net Margins20.85%

Return on Equity8.07%

Return on Assets1.03%

Miscellaneous

Employees3,373

Outstanding Shares52,664,000

Market Cap$2.23 billion

Next Earnings Date7/17/2020 (Estimated)

OptionableOptionable

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IBERIABANK (NASDAQ:IBKC) Frequently Asked Questions

How has IBERIABANK's stock been impacted by COVID-19 (Coronavirus)?

IBERIABANK's stock was trading at $42.67 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IBKC stock has decreased by 0.6% and is now trading at $42.41. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of IBERIABANK?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IBERIABANK in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for IBERIABANK.

When is IBERIABANK's next earnings date?

IBERIABANK is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for IBERIABANK.

How were IBERIABANK's earnings last quarter?

IBERIABANK Corp (NASDAQ:IBKC) released its earnings results on Friday, April, 17th. The bank reported $0.67 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.39. The bank had revenue of $295 million for the quarter, compared to the consensus estimate of $281.20 million. IBERIABANK had a net margin of 20.85% and a return on equity of 8.07%. The business's quarterly revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.72 EPS. View IBERIABANK's earnings history.

How often does IBERIABANK pay dividends? What is the dividend yield for IBERIABANK?

IBERIABANK declared a quarterly dividend on Tuesday, January 28th. Stockholders of record on Friday, March 13th will be given a dividend of $0.47 per share on Wednesday, April 1st. This represents a $1.88 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date is Thursday, March 12th. This is a positive change from IBERIABANK's previous quarterly dividend of $0.45. View IBERIABANK's dividend history.

What price target have analysts set for IBKC?

5 equities research analysts have issued 1 year target prices for IBERIABANK's stock. Their forecasts range from $45.00 to $83.00. On average, they expect IBERIABANK's stock price to reach $67.40 in the next twelve months. This suggests a possible upside of 58.9% from the stock's current price. View analysts' price targets for IBERIABANK.

Has IBERIABANK been receiving favorable news coverage?

News coverage about IBKC stock has trended very positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. IBERIABANK earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutIBERIABANK.

Are investors shorting IBERIABANK?

IBERIABANK saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,540,000 shares, an increase of 19.4% from the April 30th total of 1,290,000 shares. Based on an average daily volume of 661,500 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.0% of the shares of the stock are sold short. View IBERIABANK's Current Options Chain.

Who are some of IBERIABANK's key competitors?

Some companies that are related to IBERIABANK include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

What other stocks do shareholders of IBERIABANK own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IBERIABANK investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Allergan (AGN), Aegean Marine Petroleum Network (ANW), Micron Technology (MU) and Transocean (RIG).

Who are IBERIABANK's key executives?

IBERIABANK's management team includes the following people:

Mr. Daryl G. Byrd, Pres, CEO & Director (Age 64)
Mr. Anthony J. Restel, Vice Chairman & CFO (Age 49)
Mr. Michael J. Brown, Vice Chairman & COO (Age 55)
Ms. Elizabeth A. Ardoin, Sr. EVP and Director of Communications, Corp. Real Estate & HR (Age 50)
Mr. Fernando Perez-Hickman, Vice Chairman & Director of Corp. Strategy (Age 52)

What is IBERIABANK's stock symbol?

IBERIABANK trades on the NASDAQ under the ticker symbol "IBKC."

Who are IBERIABANK's major shareholders?

IBERIABANK's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.38%), Silvercrest Asset Management Group LLC (3.32%), JPMorgan Chase & Co. (3.21%), State Street Corp (3.11%), Grantham Mayo Van Otterloo & Co. LLC (2.18%) and Wellington Management Group LLP (2.16%). Company insiders that own IBERIABANK stock include Angus R Cooper II, Anthony J Restel, Daryl G Byrd, Elizabeth A Ardoin, Ernest P Breaux Jr, Haddon Spurgeon Mackie Jr, Harry V Barton Jr, Jefferson G Parker, John E Koerner III, Michael J Brown, Michael Scott Price, Ricky E Maples and Robert M Kottler. View institutional ownership trends for IBERIABANK.

Which institutional investors are selling IBERIABANK stock?

IBKC stock was sold by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Thrivent Financial for Lutherans, Wellington Management Group LLP, Nuveen Asset Management LLC, Principal Financial Group Inc., Victory Capital Management Inc., Victory Capital Management Inc., and Bank of New York Mellon Corp. Company insiders that have sold IBERIABANK company stock in the last year include Daryl G Byrd, Elizabeth A Ardoin, Jefferson G Parker, Michael J Brown, Michael Scott Price, and Robert M Kottler. View insider buying and selling activity for IBERIABANK.

Which institutional investors are buying IBERIABANK stock?

IBKC stock was acquired by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, CNH Partners LLC, Morgan Stanley, Alpine Associates Management Inc., Yakira Capital Management Inc., ARP Americas LP, GAM Holding AG, and JPMorgan Chase & Co.. Company insiders that have bought IBERIABANK stock in the last two years include Angus R Cooper II, John E Koerner III, and Ricky E Maples. View insider buying and selling activity for IBERIABANK.

How do I buy shares of IBERIABANK?

Shares of IBKC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is IBERIABANK's stock price today?

One share of IBKC stock can currently be purchased for approximately $42.41.

How big of a company is IBERIABANK?

IBERIABANK has a market capitalization of $2.23 billion and generates $1.54 billion in revenue each year. The bank earns $384.15 million in net income (profit) each year or $7.01 on an earnings per share basis. IBERIABANK employs 3,373 workers across the globe.

What is IBERIABANK's official website?

The official website for IBERIABANK is www.iberiabank.com.

How can I contact IBERIABANK?

IBERIABANK's mailing address is 200 WEST CONGRESS STREET, LAFAYETTE LA, 70501. The bank can be reached via phone at 337-521-4003 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff