Does Earnings Surprise History Hold Any Clue for QCR (NASDAQ:QCRH)

Earnings results for QCR (NASDAQ:QCRH)

QCR Holdings, Inc. is expected* to report earnings on 04/27/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.1. The reported EPS for the same quarter last year was $0.77.

QCR last posted its earnings data on January 27th, 2021. The bank reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.12. The firm had revenue of $75.72 million for the quarter, compared to analysts’ expectations of $69.30 million. QCR has generated $3.66 earnings per share over the last year and currently has a price-to-earnings ratio of 13.3. QCR has confirmed that its next quarterly earnings report will be published on Tuesday, April 27th, 2021.

Analyst Opinion on QCR (NASDAQ:QCRH)

2 Wall Street analysts have issued ratings and price targets for QCR in the last 12 months. Their average twelve-month price target is $44.00, predicting that the stock has a possible downside of 8.77%. The high price target for QCRH is $46.00 and the low price target for QCRH is $42.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

QCR has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $44.00, QCR has a forecasted downside of 8.8% from its current price of $48.23. QCR has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: QCR (NASDAQ:QCRH)

QCR has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends. QCR has only been increasing its dividend for 1 years. The dividend payout ratio of QCR is 6.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QCR will have a dividend payout ratio of 6.82% next year. This indicates that QCR will be able to sustain or increase its dividend.

Insiders buying/selling: QCR (NASDAQ:QCRH)

In the past three months, QCR insiders have sold 580.89% more of their company’s stock than they have bought. Specifically, they have bought $6,540.00 in company stock and sold $44,530.00 in company stock. Only 6.90% of the stock of QCR is held by insiders. 63.46% of the stock of QCR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of QCR (NASDAQ:QCRH

Earnings for QCR are expected to decrease by -8.57% in the coming year, from $3.85 to $3.52 per share. The P/E ratio of QCR is 13.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.19. The P/E ratio of QCR is 13.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.04. QCR has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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