Old Second Bancorp - OSBC Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Old Second Bancorp in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" OSBC shares.
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2 brokers have issued 12 month price objectives for Old Second Bancorp's stock. Their OSBC share price forecasts range from $20.00 to $22.00. On average, they expect the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price.
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Old Second Bancorp's stock was trading at $16.04 on January 1st, 2023. Since then, OSBC shares have increased by 8.7% and is now trading at $17.43.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our OSBC earnings forecast.

Old Second Bancorp, Inc. (NASDAQ:OSBC) released its earnings results on Wednesday, October, 20th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.02. The financial services provider had revenue of $31.90 million for the quarter, compared to analyst estimates of $31.70 million. Old Second Bancorp had a trailing twelve-month return on equity of 16.37% and a net margin of 25.96%.

Old Second Bancorp announced a quarterly dividend on Tuesday, January 17th. Investors of record on Friday, January 27th will be paid a dividend of $0.05 per share on Monday, February 6th. This represents a $0.20 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Thursday, January 26th.
Read our dividend analysis for OSBC.

Old Second Bancorp (NASDAQ:OSBC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.19%. The dividend payout ratio is 13.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OSBC will have a dividend payout ratio of 9.85% 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), Primo Water (PRMW), 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 Forum Financial Management LP (6.68%), Wedge Capital Management L L P NC (0.62%), Monarch Partners Asset Management LLC (0.52%), Knights of Columbus Asset Advisors LLC (0.45%), State of New Jersey Common Pension Fund D (0.30%) and Comerica Bank (0.20%). 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, Rocks Patti Temple, 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 $17.43.

Old Second Bancorp (NASDAQ:OSBC) has a market capitalization of $776.86 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 $1.49 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.