Should I buy or sell Investar stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investar in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ISTR shares. View ISTR analyst ratings or view top-rated stocks .

What is Investar's stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for Investar's shares. Their ISTR share price targets range from $13.50 to $14.75. On average, they expect the company's share price to reach $14.13 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price. View analysts price targets for ISTR or view top-rated stocks among Wall Street analysts .

How have ISTR shares performed in 2023?

Investar's stock was trading at $21.53 at the beginning of the year. Since then, ISTR shares have decreased by 46.5% and is now trading at $11.52. View the best growth stocks for 2023 here .

Are investors shorting Investar?

Investar saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 12,800 shares, a decrease of 55.1% from the October 31st total of 28,500 shares. Based on an average daily volume of 18,600 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the company's stock are short sold. View Investar's Short Interest .

When is Investar's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our ISTR earnings forecast .

How were Investar's earnings last quarter?

Investar Holding Co. (NASDAQ:ISTR) issued its earnings results on Thursday, October, 19th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. The financial services provider earned $34.80 million during the quarter, compared to analyst estimates of $19.96 million. Investar had a trailing twelve-month return on equity of 9.85% and a net margin of 16.43%.

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

Investar announced a quarterly dividend on Wednesday, September 20th. Stockholders of record on Monday, October 2nd will be paid a dividend of $0.10 per share on Tuesday, October 31st. This represents a $0.40 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Friday, September 29th. Read our dividend analysis for ISTR .

Is Investar a good dividend stock?

Investar (NASDAQ:ISTR) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.69%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 18.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ISTR will have a dividend payout ratio of 24.69% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ISTR .

What is John J. D Angelo's approval rating as Investar's CEO?

2 employees have rated Investar Chief Executive Officer John J. D Angelo on Glassdoor.com . John J. D Angelo has an approval rating of 100% among the company's employees. This puts John J. D Angelo in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Investar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Investar investors own include AbbVie (ABBV) , Boeing (BA) , CenterPoint Energy (CNP) , Harley-Davidson (HOG) , International Paper (IP) , Las Vegas Sands (LVS) , Altria Group (MO) , Shaw Communications (SJR) , AT&T (T) and Verizon Communications (VZ) .

Who are Investar's major shareholders?

Investar's stock is owned by many different retail and institutional investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.41%), River Oaks Capital LLC (0.20%), Connor Clark & Lunn Investment Management Ltd. (0.14%), Barclays PLC (0.13%), Quadrature Capital Ltd (0.10%) and CWM LLC (0.03%). Insiders that own company stock include Andrew C Nelson, James M Baker, James M Baker , Jeffrey Wayne Martin, John J D'angelo , John R Campbell, Linda M Crochet, Robert Chris Jordan , Rose J Hudson and Suzanne O Middleton . View institutional ownership trends .

How do I buy shares of Investar?

Shares of ISTR 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. Compare Top Brokerages Here .

Investar Stock Price, News & Analysis (NASDAQ:ISTR)

$11.52

+0.51 (+4.63%)

(As of 12/1/2023 ET)

Compare

Today's Range: $11.15
▼
$11.67
50-Day Range: $9.26
▼
$11.52
52-Week Range: $9.07
▼
$22.20

Volume: 8,704 shs
Average Volume: 25,694 shs
Market Capitalization: $112.44 million

P/E Ratio: 5.21
Dividend Yield: 3.47%
Price Target: $14.13

Investar MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 22.6% Upside
$14.13 Price Target
Short Interest: Healthy
0.14% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.75
Upright™ Environmental Score
News Sentiment: 0.82
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$64,685 Bought Last Quarter
Proj. Earnings Growth: -8.47%
From $1.77 to $1.62 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.85 out of 5 stars

Finance Sector

17th out of 860 stocks

State Commercial Banks Industry

4th out of 182 stocks

2.3

Analyst's Opinion

Consensus Rating
Investar has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.13, Investar has a forecasted upside of 22.6% from its current price of $11.52.
Amount of Analyst Coverage
Investar has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.14% of the float of Investar has been sold short.
Short Interest Ratio / Days to Cover
Investar has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Investar has recently decreased by 55.09%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Leadership
Investar is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Investar has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Investar is 18.10%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Investar will have a dividend payout ratio of 24.69% next year. This indicates that Investar will be able to sustain or increase its dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Investar has received a 30.97% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home improvement financing", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Emergency loans for corporations", and "Home equity loans" products. See details.
Environmental Sustainability
The Environmental Impact score for Investar is -0.75.

3.2

News and Social Media Coverage

News Sentiment
Investar has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Investar this week, compared to 1 article on an average week.
Search Interest
1 people have searched for ISTR on MarketBeat in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Investar insiders have bought more of their company's stock than they have sold. Specifically, they have bought $64,685.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.76% of the stock of Investar is held by insiders.
Percentage Held by Institutions
55.10% of the stock of Investar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Investar are expected to decrease by -8.47% in the coming year, from $1.77 to $1.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Investar is 5.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Investar is 5.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.95.
Price to Book Value per Share Ratio
Investar 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.

See Top Rated MarketRank™ Stocks Here

About Investar Stock (NASDAQ:ISTR)

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in South Louisiana. The company offers various deposit products and services, such as savings, checking, money market, and individual retirement accounts, as well as various certificates of deposit; debit cards; and mobile banking services, as well as credit cards. It also provides commercial real estate loans; commercial and industrial loans, including working capital lines of credit and equipment loans; loans for the construction of commercial projects, and single family residential and multifamily properties; one-to-four family residential real estate loans, such as second mortgage loans; consumer loans, such as secured and unsecured installment and term loans, home equity loans and lines of credit, and auto loans, as well as loans for personal, family, and household purposes. In addition, the company offers cash management products, including remote deposit capture, lockbox payment processing, virtual vault, electronic statements, positive pay, ACH origination and wire transfer, investment sweep accounts, and business internet banking services. Further, it provides various other banking services, such as cashiers' checks, direct deposit of payroll and social security checks, night depository, bank-by-mail, automated teller machine, interactive teller machines, merchant card, and mobile wallet payment services. Investar Holding Corporation was founded in 2006 and is headquartered in Baton Rouge, Louisiana.

ISTR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ISTR Stock News Headlines

November 29, 2023 | marketbeat.com

3 stocking stuffers you can buy for yourself (ISTR)

These low-beta, deep-value high-yielding stocks are perfect stocking stuffers, even if you buy them for yourself. Rebound is expected in 2024.

November 30, 2023 | msn.com

Investar Holding files for mixed shelf offering

December 1, 2023 | Edge On The Street (Ad)

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Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.

November 24, 2023 | finance.yahoo.com

Positive Signs As Multiple Insiders Buy Investar Holding Stock

November 21, 2023 | americanbankingnews.com

Investar (NASDAQ:ISTR) Stock Crosses Below 50 Day Moving Average of $10.71

October 28, 2023 | finance.yahoo.com

With 40% stake, Investar Holding Corporation (NASDAQ:ISTR) seems to have captured institutional investors' interest

October 26, 2023 | finance.yahoo.com

Is Investar Holding Corp. (ISTR) Stock Undervalued Right Now?

October 22, 2023 | finance.yahoo.com

Investar Holding Corp (ISTR) Q3 2023 Earnings: Net Income Drops, Strong Credit Quality Maintained

December 1, 2023 | Edge On The Street (Ad)

Is Gold Really Boring?

October 20, 2023 | markets.businessinsider.com

D.A. Davidson Reaffirms Their Hold Rating on Investar Holding (ISTR)

October 20, 2023 | markets.businessinsider.com

Piper Sandler Reaffirms Their Buy Rating on Investar Holding (ISTR)

October 20, 2023 | msn.com

Investar (ISTR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

October 19, 2023 | finance.yahoo.com

Investar Holding Corporation Announces 2023 Third Quarter Results

October 7, 2023 | msn.com

Piper Sandler Upgrades Investar Holding (ISTR)

October 5, 2023 | msn.com

Investar Holding To See Lower Net Interest Margin Upside In "Higher For Longer" Environment In FY24: Analyst

October 5, 2023 | msn.com

Investar stock gaps up as recent selloff prompts upgrade to Overweight at Piper

October 5, 2023 | markets.businessinsider.com

Investar Holding Corporation: Undervalued Stock with Attractive Risk/Reward Profile and Anticipated Earnings Improvement

September 29, 2023 | finance.yahoo.com

Investar Holding Corp's Dividend Analysis: A Deep Dive into its Performance and Sustainability

September 26, 2023 | benzinga.com

Investar Holding: Dividend Insights

September 24, 2023 | msn.com

Dividend Champion, Contender, And Challenger Highlights: Week Of September 24

September 24, 2023 | finance.yahoo.com

Investar Holding (NASDAQ:ISTR) Has Announced A Dividend Of $0.10

August 3, 2023 | msn.com

Investar Holding (ISTR) Price Target Increased by 6.75% to 16.13

July 25, 2023 | msn.com

DA Davidson Maintains Investar Holding (ISTR) Neutral Recommendation

July 25, 2023 | finance.yahoo.com

Does Investar Holding (NASDAQ:ISTR) Deserve A Spot On Your Watchlist?

July 21, 2023 | markets.businessinsider.com

Piper Sandler Keeps Their Hold Rating on Investar Holding (ISTR)

July 21, 2023 | msn.com

Investar (ISTR) Reports Q2 Earnings: What Key Metrics Have to Say

July 20, 2023 | finance.yahoo.com

Investar Holding Corporation Announces 2023 Second Quarter Results

See More Headlines

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Company Calendar

Ex-Dividend for 10/31 Dividend: 9/29/2023
Last Earnings: 10/19/2023
Dividend Payable: 10/31/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:ISTR
CUSIP: N/A
CIK: 1602658
Web: www.investarbank.com
Phone: (225) 227-2222
Fax: 225-300-8527
Employees: 328
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.13
High Stock Price Target: $14.75
Low Stock Price Target: $13.50
Potential Upside/Downside: +22.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.21
Trailing P/E Ratio: 5.21
Forward P/E Ratio: 6.51
P/E Growth: N/A
Net Income: $35.71 million
Net Margins: 16.43%
Pretax Margin: 20.05%
Return on Equity: 9.85%
Return on Assets: 0.77%

Debt

Debt-to-Equity Ratio: 1.45
Current Ratio: 0.94
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $122.92 million
Price / Sales: 0.91
Cash Flow: $3.46 per share
Price / Cash Flow: 3.33
Book Value: $21.39 per share
Price / Book: 0.54

Miscellaneous

Outstanding Shares: 9,760,000
Free Float: 8,905,000
Market Cap: $112.44 million
Optionable: Not Optionable
Beta: 0.59

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Key Executives

Mr. John Joseph D'Angelo (Age 63)
President, CEO & Director
Comp: $1.02M
Ms. Linda M. Crochet (Age 60)
Executive VP & COO
Comp: $237.15k
Mr. Jeffrey Wayne Martin (Age 57)
Executive VP & Chief Credit Officer
Comp: $217.55k
Mr. John R. Campbell (Age 56)
Executive VP & CFO
Mr. Corey E. Moore (Age 35)
Senior VP & Chief Accounting Officer
Ms. Rachel Pourciau Cherco (Age 63)
Executive VP & Treasurer
Comp: $153.15k
Mr. Jeffery L. Blum (Age 54)
Executive VP and President of Commercial & Industrial Banking
Ms. Katie G. Plaisance
Company Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ISTR Stock Analysis - Frequently Asked Questions

Should I buy or sell Investar stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investar in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ISTR shares.
View ISTR analyst ratings or view top-rated stocks.
What is Investar's stock price target for 2024?: 2 equities research analysts have issued twelve-month price objectives for Investar's shares. Their ISTR share price targets range from $13.50 to $14.75. On average, they expect the company's share price to reach $14.13 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price.
View analysts price targets for ISTR or view top-rated stocks among Wall Street analysts.
How have ISTR shares performed in 2023?: Investar's stock was trading at $21.53 at the beginning of the year. Since then, ISTR shares have decreased by 46.5% and is now trading at $11.52.
View the best growth stocks for 2023 here.
Are investors shorting Investar?: Investar saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 12,800 shares, a decrease of 55.1% from the October 31st total of 28,500 shares. Based on an average daily volume of 18,600 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the company's stock are short sold.
View Investar's Short Interest.
When is Investar's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our ISTR earnings forecast.
How were Investar's earnings last quarter?: Investar Holding Co. (NASDAQ:ISTR) issued its earnings results on Thursday, October, 19th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. The financial services provider earned $34.80 million during the quarter, compared to analyst estimates of $19.96 million. Investar had a trailing twelve-month return on equity of 9.85% and a net margin of 16.43%.

How often does Investar pay dividends? What is the dividend yield for Investar?: Investar announced a quarterly dividend on Wednesday, September 20th. Stockholders of record on Monday, October 2nd will be paid a dividend of $0.10 per share on Tuesday, October 31st. This represents a $0.40 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Friday, September 29th.
Read our dividend analysis for ISTR.
Is Investar a good dividend stock?: Investar (NASDAQ:ISTR) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.69%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 18.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ISTR will have a dividend payout ratio of 24.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ISTR.
What is John J. D Angelo's approval rating as Investar's CEO?: 2 employees have rated Investar Chief Executive Officer John J. D Angelo on Glassdoor.com. John J. D Angelo has an approval rating of 100% among the company's employees. This puts John J. D Angelo in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Investar own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Investar investors own include AbbVie (ABBV), Boeing (BA), CenterPoint Energy (CNP), Harley-Davidson (HOG), International Paper (IP), Las Vegas Sands (LVS), Altria Group (MO), Shaw Communications (SJR), AT&T (T) and Verizon Communications (VZ).
Who are Investar's major shareholders?: Investar's stock is owned by many different retail and institutional investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.41%), River Oaks Capital LLC (0.20%), Connor Clark & Lunn Investment Management Ltd. (0.14%), Barclays PLC (0.13%), Quadrature Capital Ltd (0.10%) and CWM LLC (0.03%). Insiders that own company stock include Andrew C Nelson, James M Baker, James M Baker, Jeffrey Wayne Martin, John J D'angelo, John R Campbell, Linda M Crochet, Robert Chris Jordan, Rose J Hudson and Suzanne O Middleton.
View institutional ownership trends.
How do I buy shares of Investar?: Shares of ISTR 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.
Compare Top Brokerages Here.

This page (NASDAQ:ISTR) was last updated on 12/1/2023 by MarketBeat.com Staff

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