Wall Street brokerages expect Peoples Bancorp Inc. (NASDAQ:PEBO) to report $47.46 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for Peoples Bancorp’s earnings. The highest sales estimate is $48.02 million and the lowest is $47.10 million. Peoples Bancorp reported sales of $41.83 million in the same quarter last year, which would suggest a positive year over year growth rate of 13.5%. The business is scheduled to announce its next earnings report on Tuesday, October 23rd.
On average, analysts expect that Peoples Bancorp will report full-year sales of $185.91 million for the current year, with estimates ranging from $185.20 million to $187.02 million. For the next fiscal year, analysts anticipate that the firm will post sales of $198.49 million per share, with estimates ranging from $196.40 million to $200.78 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Peoples Bancorp.
Peoples Bancorp (NASDAQ:PEBO) last announced its earnings results on Tuesday, July 24th. The bank reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. The business had revenue of $46.62 million for the quarter, compared to analysts’ expectations of $46.56 million. Peoples Bancorp had a net margin of 20.70% and a return on equity of 9.07%.
Shares of Peoples Bancorp stock traded down $0.40 during trading on Tuesday, reaching $35.79. The company’s stock had a trading volume of 20,897 shares, compared to its average volume of 41,769. The stock has a market capitalization of $706.99 million, a price-to-earnings ratio of 15.87, a PEG ratio of 1.72 and a beta of 0.72. Peoples Bancorp has a fifty-two week low of $29.55 and a fifty-two week high of $39.58. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.82 and a quick ratio of 0.82.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 20th. Shareholders of record on Wednesday, August 8th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Tuesday, August 7th. This represents a $1.12 annualized dividend and a yield of 3.13%. Peoples Bancorp’s dividend payout ratio is currently 49.12%.
Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new position in Peoples Bancorp in the 1st quarter valued at $114,000. Macquarie Group Ltd. increased its stake in Peoples Bancorp by 201.3% in the 4th quarter. Macquarie Group Ltd. now owns 4,188 shares of the bank’s stock valued at $137,000 after buying an additional 2,798 shares during the period. MetLife Investment Advisors LLC acquired a new position in Peoples Bancorp in the 4th quarter valued at $217,000. UBS Group AG increased its stake in Peoples Bancorp by 26.8% in the 1st quarter. UBS Group AG now owns 6,908 shares of the bank’s stock valued at $245,000 after buying an additional 1,460 shares during the period. Finally, Hancock Holding Co. acquired a new position in Peoples Bancorp in the 1st quarter valued at $269,000. 60.51% of the stock is currently owned by institutional investors.
Peoples Bancorp Company Profile
Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans.
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