Investar (NASDAQ:ISTR) issued its quarterly earnings results on Sunday. The financial services provider reported $0.39 EPS for the quarter, beating analysts’ consensus estimates 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 Investar stock traded down $0.67 on Tuesday, hitting $16.59. The stock had a trading volume of 1,186 shares, compared to its average volume of 15,071. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.93. Investar has a one year low of $8.49 and a one year high of $24.22. The stock has a market cap of $176.22 million, a price-to-earnings ratio of 14.75 and a beta of 0.74. The stock’s 50-day simple moving average is $17.04 and its two-hundred day simple moving average is $14.88.
The company also recently announced a quarterly dividend, which will be paid on Sunday, January 31st. Stockholders of record on Monday, December 28th will be issued a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, December 24th. Investar’s dividend payout ratio is 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.
See Also: How To Calculate Debt-to-Equity Ratio
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