Investar (ISTR) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Investar in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ISTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ISTR, but not buy additional shares or sell existing shares.
View ISTR analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12-month price targets for Investar's stock. Their ISTR share price forecasts range from $14.75 to $15.00. On average, they anticipate the company's share price to reach $14.88 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price.
View analysts price targets for ISTR or view top-rated stocks among Wall Street analysts.

Investar's stock was trading at $21.53 at the start of the year. Since then, ISTR stock has decreased by 50.8% and is now trading at $10.59.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our ISTR earnings forecast.

Investar Holding Co. (NASDAQ:ISTR) released its quarterly earnings results on Thursday, July, 20th. The financial services provider reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.30. The financial services provider earned $20.46 million during the quarter, compared to analyst estimates of $21.11 million. Investar had a trailing twelve-month return on equity of 11.69% and a net margin of 20.59%.

Investar declared a quarterly dividend on Wednesday, September 20th. Investors 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 yield of 3.78%. The ex-dividend date of this dividend is Friday, September 29th.
Read our dividend analysis for ISTR.

Investar (NASDAQ:ISTR) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.78%. 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 15.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ISTR will have a dividend payout ratio of 30.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ISTR.

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.

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).

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

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.
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One share of ISTR stock can currently be purchased for approximately $10.59.

Investar (NASDAQ:ISTR) has a market capitalization of $104.10 million and generates $122.92 million in revenue each year. The financial services provider earns $35.71 million in net income (profit) each year or $2.66 on an earnings per share basis.

The company employs 338 workers across the globe.

Investar's mailing address is 10500 COURSEY BLVD, BATON ROUGE LA, 70816. The official website for the company is www.investarbank.com. The financial services provider can be reached via phone at (225) 227-2222, via email at investors@investarbank.com, or via fax at 225-300-8527.