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

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

2 Wall Street analysts have issued 12-month target prices for Investar's shares. Their ISTR share price targets range from $13.50 to $14.75. On average, they predict the company's share price to reach $14.13 in the next year. This suggests a possible upside of 21.8% 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 on January 1st, 2023. Since then, ISTR shares have decreased by 46.1% and is now trading at $11.60.
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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 short-interest ratio is currently 0.7 days. Approximately 0.1% of the company's shares are sold short.
View Investar's Short Interest.

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

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

Investar declared a quarterly dividend on Wednesday, September 20th. Investors of record on Monday, October 2nd will be given a dividend of $0.10 per share on Tuesday, October 31st. This represents a $0.40 dividend on an annualized basis and a yield of 3.45%. 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 3.47%. 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.

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'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.

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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