Old Second Bancorp (OSBC) Stock Forecast, Price & News

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

3 brokers have issued twelve-month price objectives for Old Second Bancorp's stock. Their OSBC share price forecasts range from $18.00 to $21.00. On average, they predict the company's share price to reach $19.00 in the next year. This suggests a possible upside of 55.2% from the stock's current price.
View analysts price targets for OSBC or view top-rated stocks among Wall Street analysts.

Old Second Bancorp's stock was trading at $16.04 on January 1st, 2023. Since then, OSBC stock has decreased by 23.7% and is now trading at $12.24.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our OSBC earnings forecast.

Old Second Bancorp, Inc. (NASDAQ:OSBC) announced its quarterly earnings data on Wednesday, October, 20th. The financial services provider reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. The financial services provider earned $31.90 million during the quarter, compared to the consensus estimate of $31.70 million. Old Second Bancorp had a trailing twelve-month return on equity of 17.58% and a net margin of 28.18%.

Old Second Bancorp announced a quarterly dividend on Tuesday, April 18th. Shareholders of record on Friday, April 28th will be given a dividend of $0.05 per share on Monday, May 8th. This represents a $0.20 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Thursday, April 27th.
Read our dividend analysis for OSBC.

ETFs with the largest weight of Old Second Bancorp (NASDAQ:OSBC) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV), First Trust Dow Jones Select Microcap Index Fund (FDM), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco Raymond James SB-1 Equity ETF (RYJ), iShares US Small Cap Value Factor ETF (SVAL), First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares Micro-Cap ETF (IWC) and SPDR S&P Regional Banking ETF (KRE).

Old Second Bancorp (NASDAQ:OSBC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.63%. The dividend payout ratio is 11.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OSBC will have a dividend payout ratio of 10.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OSBC.

Based on aggregate information from My MarketBeat watchlists, some companies that other Old Second Bancorp investors own include Advanced Micro Devices (AMD), Antares Pharma (ATRS), Coeur Mining (CDE), RTI Surgical (RTIX), Sangamo Therapeutics (SGMO), Trevena (TRVN), Ampio Pharmaceuticals (AMPE), Aqua Metals (AQMS) and CNH Industrial (CNHI).

Old Second Bancorp trades on the NASDAQ under the ticker symbol "OSBC."

Old Second Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.43%), Forum Financial Management LP (6.61%), State Street Corp (2.43%), JPMorgan Chase & Co. (2.34%), Dimensional Fund Advisors LP (1.90%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include Billy J Jr Lyons, Billy J Jr Lyons, Bradley S Adams, Bradley S Adams, Dennis L Klaeser, Gary S Collins, Hugh H Mclean, Hugh H Mclean, James Eccher, Jill E York, John Ladowicz, Richard A Gartelmann Jr, William B Skoglund and William B Skoglund.
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Shares of OSBC 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 OSBC stock can currently be purchased for approximately $12.24.

Old Second Bancorp (NASDAQ:OSBC) has a market capitalization of $546.76 million and generates $259.59 million in revenue each year. The financial services provider earns $67.40 million in net income (profit) each year or $1.74 on an earnings per share basis.

The company employs 891 workers across the globe.

Old Second Bancorp's mailing address is 37 SOUTH RIVER STREET, AURORA IL, 60507. The official website for the company is www.oldsecond.com. The financial services provider can be reached via phone at (630) 892-0202, via email at scantrell@oldsecond.com, or via fax at 630-892-9630.