Peoples Bancorp (NASDAQ:PEBO) released its quarterly earnings data on Monday. The bank reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.39, Fidelity Earnings reports. Peoples Bancorp had a net margin of 12.87% and a return on equity of 5.60%.
NASDAQ PEBO opened at $30.66 on Thursday. The stock has a market capitalization of $604.65 million, a P/E ratio of 21.59 and a beta of 0.99. Peoples Bancorp has a 52-week low of $17.91 and a 52-week high of $34.65. The firm has a 50-day moving average price of $28.73 and a 200 day moving average price of $23.71. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.20.
The company also recently declared a quarterly dividend, which will be paid on Monday, February 22nd. Investors of record on Monday, February 8th will be issued a dividend of $0.35 per share. The ex-dividend date is Friday, February 5th. This represents a $1.40 annualized dividend and a yield of 4.57%. Peoples Bancorp’s dividend payout ratio is currently 47.78%.
PEBO has been the subject of several recent research reports. Raymond James upgraded shares of Peoples Bancorp from a “market perform” rating to an “outperform” rating and set a $31.00 target price for the company in a research note on Friday, December 11th. Zacks Investment Research downgraded shares of Peoples Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Finally, B. Riley increased their target price on shares of Peoples Bancorp from $32.00 to $36.00 and gave the stock a “buy” rating in a research note on Thursday, January 7th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $29.63.
About Peoples Bancorp
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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