Investar (NASDAQ:ISTR) announced its earnings results on Sunday. The financial services provider reported $0.39 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.06, MarketWatch Earnings reports. Investar had a net margin of 12.15% and a return on equity of 5.51%.
Shares of NASDAQ:ISTR traded down $0.57 during midday trading on Tuesday, reaching $16.69. 45,393 shares of the company were exchanged, compared to its average volume of 17,019. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.93. The business’s fifty day moving average is $17.04 and its two-hundred day moving average is $14.88. Investar has a one year low of $8.49 and a one year high of $24.22. The stock has a market cap of $177.28 million, a PE ratio of 14.75 and a beta of 0.74.
The company also recently declared a quarterly dividend, which will be paid on Sunday, January 31st. Shareholders of record on Monday, December 28th will be given a $0.065 dividend. The ex-dividend date is Thursday, December 24th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 1.56%. Investar’s payout ratio is currently 14.36%.
Investar Company Profile
Investar Holding Corporation operates as the bank holding company for Investar Bank that provides various commercial banking products to 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.
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