Investar Holding Corporation Company Profile (NASDAQ:ISTR)

Investar Holding Corporation trades on the NASDAQ under the ticker symbol "ISTR."

Investar Holding Corporation declared a quarterly dividend on Thursday, September 21st. Stockholders of record on Wednesday, October 4th will be given a dividend of $0.03 per share on Tuesday, October 31st. This represents a $0.12 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Tuesday, October 3rd. This is a positive change from Investar Holding Corporation's previous quarterly dividend of $0.02. View Investar Holding Corporation's Dividend History.

Investar Holding Corporation (NASDAQ:ISTR) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.01. The firm had revenue of $10.10 million for the quarter, compared to analyst estimates of $9.82 million. Investar Holding Corporation had a net margin of 15.78% and a return on equity of 5.94%. View Investar Holding Corporation's Earnings History.

Investar Holding Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Investar Holding Corporation.

2 brokerages have issued 12 month price objectives for Investar Holding Corporation's stock. Their predictions range from $26.00 to $26.00. On average, they anticipate Investar Holding Corporation's share price to reach $26.00 in the next year. View Analyst Ratings for Investar Holding Corporation.

Here are some recent quotes from research analysts about Investar Holding Corporation stock:

• 1. According to Zacks Investment Research, "Investar Holding Corporation is a bank holding company for Investar Bank. It offers a range of commercial and retail lending products throughout its market areas, including business loans to small to medium-sized businesses and professional concerns, as well as loans to individuals. The company accepts various deposit products, including savings, checking, money market, and NOW accounts, as well as various certificates of deposit and individual retirement accounts. It also provides cash management products and services, such as remote deposit capture, electronic statements, positive pay, ACH origination and wire transfer, investment sweep accounts, and business Internet banking, as well as debit cards and mobile banking services. Investar Holding Corporation is headquartered in Baton Rouge, Louisiana. " (10/11/2017)
• 2. Piper Jaffray Companies analysts commented, "We are lowering our 17E EPS to $1.09 (-$0.06) and raising our 18E EPS to $1.43 (+$0.10) to reflect: (1) $34.5M common offering, (2) $18.6M sub-debt offering, and (3) the purchase of Citizens Bancshares, Inc. ('CB'-private). Our revised price target of $24 (+$2) reflects a target P/E of 16.5x (no change) 18E EPS. Given the effective consideration of ~67% equity/33% cash vs. 100% cash at announcement, EPS accretion dropped to $0.10, or 8%, in 18E vs. $0.27, or +20%, assuming 100% cash. We estimate a TBV earn-back of 2.6Y. Assuming loan/bond yields of 4.5%/2.0%, a shift in CB's loan to earning asset mix of 54% to ISTR's 79% mix would lift EPS by $0.11, which is not factored into our 18E." (3/23/2017)

Some companies that are related to Investar Holding Corporation include Southern National Bancorp of Virginia (SONA), Old Second Bancorp (OSBC), Macatawa Bank Corporation (MCBC), Summit Financial Group (SMMF), Guaranty Bancshares (GNTY), Western New England Bancorp (WNEB), MutualFirst Financial (MFSF), Central Valley Community Bancorp (CVCY), Charter Financial Corp. (CHFN), Southern First Bancshares (SFST), Northrim BanCorp (NRIM), Capstar Financial Holdings (CSTR), Civista Bancshares (CIVB), BCB Bancorp, Inc. (NJ) (BCBP), LCNB Corporation (LCNB), Orrstown Financial Services (ORRF), Community Bankers Trust Corp. (ESXB) and First Business Financial Services (FBIZ).

Investar Holding Corporation's management team includes the folowing people:

• William H. Hidalgo Sr., Chairman of the Board
• John J D'Angelo, President, Chief Executive Officer, Director of Company and Bank.
• Christopher L. Hufft, Chief Financial Officer, Executive Vice President of the Company and Bank
• Dane M Babin, Chief Operating Officer, Executive Vice President of the Company and the Bank
• Rachel P. Cherco, Executive Vice President, Chief Accounting Officer, Treasurer of the Company; Executive Vice President, Chief Accounting Officer of the Company
• Randolf F. Kassmeier, Executive Vice President, General Counsel of Company and Bank
• Travis M. Lavergne, Executive Vice President, Chief Credit Officer of the Bank
• Ryan P. Finnan, Executive Vice President and Consumer and Business Banking President of the Bank
• Thomas C. Besselman Sr., Director
• Gordon H. Joffrion III, Director

Shares of Investar Holding Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Investar Holding Corporation stock can currently be purchased for approximately $24.15.