DA Davidson Forecasts Peoples Bancorp Q1 Earnings

Peoples Bancorp Inc. (NASDAQ:PEBO) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Peoples Bancorp in a research note issued on Wednesday, January 22nd. DA Davidson analyst M. Navas expects that the bank will earn $0.71 per share for the quarter. DA Davidson has a “Buy” rating and a $40.00 price objective on the stock. The consensus estimate for Peoples Bancorp’s current full-year earnings is $3.16 per share.

Peoples Bancorp (NASDAQ:PEBO) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Peoples Bancorp had a return on equity of 11.07% and a net margin of 18.90%. During the same period last year, the business posted $1.04 EPS.

PEBO has been the subject of a number of other research reports. Keefe, Bruyette & Woods boosted their target price on Peoples Bancorp from $32.00 to $36.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Piper Sandler increased their target price on Peoples Bancorp from $39.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Stephens reaffirmed an “equal weight” rating and set a $37.50 target price on shares of Peoples Bancorp in a report on Wednesday. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $36.90.

Peoples Bancorp Stock Up 2.7 %

Shares of NASDAQ PEBO opened at $32.20 on Thursday. The firm has a fifty day moving average of $33.25 and a 200-day moving average of $31.92. Peoples Bancorp has a 52-week low of $26.74 and a 52-week high of $37.07. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $1.14 billion, a PE ratio of 9.73 and a beta of 0.79.

Peoples Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date is Monday, February 3rd. Peoples Bancorp’s payout ratio is 48.34%.

Insider Activity at Peoples Bancorp

In other Peoples Bancorp news, Director Carol A. Schneeberger sold 1,000 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $34.13, for a total transaction of $34,130.00. Following the sale, the director now directly owns 29,322 shares in the company, valued at approximately $1,000,759.86. The trade was a 3.30 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director S Craig Beam sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $34.31, for a total transaction of $137,240.00. Following the completion of the transaction, the director now owns 23,760 shares of the company’s stock, valued at $815,205.60. This trade represents a 14.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,000 shares of company stock worth $411,010 in the last ninety days. 3.46% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. SG Americas Securities LLC lifted its holdings in Peoples Bancorp by 44.4% in the 4th quarter. SG Americas Securities LLC now owns 12,008 shares of the bank’s stock valued at $381,000 after acquiring an additional 3,690 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in Peoples Bancorp by 29.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 15,636 shares of the bank’s stock valued at $496,000 after purchasing an additional 3,593 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Peoples Bancorp by 316.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 61,645 shares of the bank’s stock worth $1,855,000 after acquiring an additional 46,845 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Peoples Bancorp by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 850,654 shares of the bank’s stock valued at $25,601,000 after purchasing an additional 22,285 shares during the period. Finally, Barclays PLC increased its stake in Peoples Bancorp by 138.9% in the 3rd quarter. Barclays PLC now owns 63,096 shares of the bank’s stock worth $1,898,000 after purchasing an additional 36,684 shares in the last quarter. Institutional investors own 60.68% of the company’s stock.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.