NASDAQ:ISTRInvestar Stock Price, Forecast & News

$13.08

+0.03 (+0.23 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$13.00

Now: $13.08▼

$13.76

50-Day Range

$10.27

MA: $11.91▼

$14.28

52-Week Range

$8.49

Now: $13.08▼

$26.46

Volume22,300 shs

Average Volume34,656 shs

Market Capitalization$143.10 million

P/E Ratio9.98

Dividend Yield1.83%

Beta0.66

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products for individuals 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. It also provides commercial real estate loans; loans for the construction of commercial projects, and single family residential and multifamily properties; commercial and industrial loans, such as working capital lines of credit and equipment loans; consumer loans comprising secured and unsecured installment and term loans, second mortgages, home equity loans and lines of credit, and auto loans, as well as loans for personal, family, and household purposes; and one-to-four family residential real estate loans consisting of second and other second mortgage loans. In addition, the company offers cash management products, including remote deposit capture, 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, and merchant card services. The company operates through a network of 24 full service branches. Investar Holding Corporation was founded in 2006 and is headquartered in Baton Rouge, Louisiana.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Investar has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.67, Investar has a potential upside of 80.9% from its current price of $13.08.
Amount of Analyst Coverage
Investar has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Investar has received 197 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Investar has received 201 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Investar has received 50.50% “underperform” votes from our community.

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

3.3 Dividend Strength

Dividend Leadership
Investar is a leading dividend payer. It pays a dividend yield of 1.83%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Investar has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Investar is 13.26 %. 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 22.43 % next year. This indicates that Investar will be able to sustain or increase its dividend.

4.0 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 $260,939.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 9.75% of the stock of Investar is held by insiders.
Percentage Held by Institutions
55.68% of the stock of Investar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Investar are expected to grow by 4.90% in the coming year, from $1.02 to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Investar is 9.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.86.
Price to Earnings Ratio vs. Sector
The P/E ratio of Investar is 9.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.05.
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.

Overall Beat the Market Rank^™

3.14 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:ISTR

Previous Symbol

CUSIPN/A

CIK1602658

Webwww.investarbank.com

Phone225-227-2222

Debt

Debt-to-Equity Ratio0.90

Current Ratio1.00

Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio9.98

Forward P/E Ratio12.82

P/E GrowthN/A

Sales & Book Value

Annual Sales$95.66 million

Price / Sales1.50

Cash Flow$2.13 per share

Price / Cash Flow6.14

Book Value$24.36 per share

Price / Book0.54

Profitability

EPS (Most Recent Fiscal Year)$1.81

Net Income$16.84 million

Net Margins13.75%

Return on Equity6.97%

Return on Assets0.74%

Miscellaneous

Employees255

Outstanding Shares10,940,000

Market Cap$143.10 million

Next Earnings Date7/23/2020 (Estimated)

OptionableNot Optionable

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Investar (NASDAQ:ISTR) Frequently Asked Questions

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

Investar's stock was trading at $17.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ISTR shares have decreased by 24.9% and is now trading at $13.08. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Investar?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investar in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Investar.

When is Investar's next earnings date?

Investar is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Investar.

How were Investar's earnings last quarter?

Investar Holding Corp (NASDAQ:ISTR) released its earnings results on Thursday, April, 23rd. The financial services provider reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.25. The financial services provider had revenue of $18.42 million for the quarter, compared to analysts' expectations of $19.09 million. Investar had a return on equity of 6.97% and a net margin of 13.75%. View Investar's earnings history.

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

Investar announced a quarterly dividend on Wednesday, March 25th. Stockholders of record on Monday, April 6th will be given a dividend of $0.06 per share on Thursday, April 30th. This represents a $0.24 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Friday, April 3rd. View Investar's dividend history.

What price target have analysts set for ISTR?

4 analysts have issued 12 month target prices for Investar's stock. Their forecasts range from $13.00 to $29.50. On average, they expect Investar's share price to reach $23.67 in the next year. This suggests a possible upside of 80.9% from the stock's current price. View analysts' price targets for Investar.

Has Investar been receiving favorable news coverage?

Media stories about ISTR stock have been trending very negative on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Investar earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutInvestar.

Who are some of Investar's key competitors?

Some companies that are related to Investar include Preferred Bank (PFBC), Great Southern Bancorp (GSBC), Live Oak Bancshares (LOB), HomeStreet (HMST), Washington Trust Bancorp (WASH), Lakeland Bancorp (LBAI), Boston Private Financial (BPFH), Bryn Mawr Bank (BMTC), Luther Burbank (LBC), Allegiance Bancshares (ABTX), Old Line Bancshares, Inc. (MD) (OLBK), First Financial (THFF), Univest Financial (UVSP), QCR (QCRH) and Heritage Commerce (HTBK). View all competitors.

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), Invesco (IVZ), Las Vegas Sands (LVS), Altria Group (MO), Shaw Communications (SJR) and AT&T (T).

Who are Investar's key executives?

Investar's management team includes the following people:

Mr. John Joseph D'Angelo, Pres, CEO & Director (Age 59)
Mr. Christopher L. Hufft, Exec. VP & CFO (Age 46)
Mr. Dane M. Babin, Exec. VP & COO (Age 43)
Ms. Rachel Pourciau Cherco, Exec. VP, Treasurer & Chief Accounting Officer (Age 59)
Mr. Randolf F. Kassmeier, Exec. VP, Gen. Counsel & Corp. Sec. (Age 66)

What is Investar's stock symbol?

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

Who are Investar's major shareholders?

Investar's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (6.74%), BlackRock Inc. (4.87%), Stieven Capital Advisors L.P. (4.45%), State Street Corp (1.67%), Mendon Capital Advisors Corp (1.60%) and Alliancebernstein L.P. (1.43%). Company insiders that own Investar stock include Andrew C Nelson, Christopher L Hufft, David J Lukinovich, Frank L Walker, Gordon H Joffrion III, James M Baker, John J D'angelo, Robert Chris Jordan, Ryan P Finnan and Suzanne O Middleton. View institutional ownership trends for Investar.

Which institutional investors are selling Investar stock?

ISTR stock was sold by a variety of institutional investors in the last quarter, including Fourthstone LLC, Mendon Capital Advisors Corp, Stieven Capital Advisors L.P., Globeflex Capital L P, Morgan Stanley, UBS Group AG, State Street Corp, and Bank of New York Mellon Corp. Company insiders that have sold Investar company stock in the last year include Christopher L Hufft, John J D'angelo, and Ryan P Finnan. View insider buying and selling activity for Investar.

Which institutional investors are buying Investar stock?

ISTR stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Banc Funds Co. LLC, JPMorgan Chase & Co., JCSD Capital LLC, BlackRock Inc., Geode Capital Management LLC, KG&L Capital Management LLC, and Rhumbline Advisers. Company insiders that have bought Investar stock in the last two years include Andrew C Nelson, David J Lukinovich, Frank L Walker, Gordon H Joffrion III, James M Baker, John J D'angelo, Robert Chris Jordan, Ryan P Finnan, and Suzanne O Middleton. View insider buying and selling activity for Investar.

How do I buy shares of Investar?

Shares of ISTR 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 Investar's stock price today?

One share of ISTR stock can currently be purchased for approximately $13.08.

How big of a company is Investar?

Investar has a market capitalization of $143.10 million and generates $95.66 million in revenue each year. The financial services provider earns $16.84 million in net income (profit) each year or $1.81 on an earnings per share basis. Investar employs 255 workers across the globe.

What is Investar's official website?

The official website for Investar is www.investarbank.com.

How can I contact Investar?

Investar's mailing address is 10500 COURSEY BLVD, BATON ROUGE LA, 70816. The financial services provider can be reached via phone at 225-227-2222.

This page was last updated on 6/3/2020 by MarketBeat.com Staff