DA Davidson Weighs in on QCR’s FY2025 Earnings (NASDAQ:QCRH)

QCR Holdings, Inc. (NASDAQ:QCRH) – Equities researchers at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for shares of QCR in a report released on Friday, October 24th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $7.40 per share for the year, up from their previous forecast of $6.85. DA Davidson currently has a “Neutral” rating and a $83.00 price target on the stock. The consensus estimate for QCR’s current full-year earnings is $6.82 per share.

QCR (NASDAQ:QCRH) last issued its quarterly earnings data on Wednesday, October 22nd. The bank reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.44. The firm had revenue of $101.45 million during the quarter, compared to the consensus estimate of $100.95 million. QCR had a return on equity of 12.22% and a net margin of 20.64%.

QCRH has been the subject of several other reports. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $92.00 price target (up from $90.00) on shares of QCR in a report on Friday, July 25th. Piper Sandler boosted their price target on QCR from $92.50 to $97.00 and gave the company an “overweight” rating in a report on Monday. Raymond James Financial reiterated an “outperform” rating and issued a $88.00 price target (up from $85.00) on shares of QCR in a report on Monday. Weiss Ratings downgraded QCR from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday. Finally, Wall Street Zen upgraded QCR from a “sell” rating to a “hold” rating in a report on Saturday, July 26th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.00.

QCR Trading Down 1.5%

Shares of QCRH opened at $75.76 on Monday. The stock has a fifty day moving average of $75.94 and a two-hundred day moving average of $71.51. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $1.28 billion, a PE ratio of 10.58 and a beta of 0.83. QCR has a fifty-two week low of $60.83 and a fifty-two week high of $96.08.

QCR Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Thursday, September 18th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, September 18th. QCR’s dividend payout ratio is presently 3.35%.

Insider Activity at QCR

In other news, CEO Laura L. Ekizian sold 333 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $80.00, for a total transaction of $26,640.00. Following the completion of the sale, the chief executive officer directly owned 5,632 shares in the company, valued at $450,560. This represents a 5.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 3.70% of the stock is currently owned by insiders.

Institutional Trading of QCR

A number of institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue purchased a new stake in QCR during the 3rd quarter worth $51,000. SG Americas Securities LLC boosted its position in QCR by 147.1% during the 3rd quarter. SG Americas Securities LLC now owns 6,846 shares of the bank’s stock worth $518,000 after purchasing an additional 4,075 shares during the period. Salzhauer Michael boosted its position in QCR by 68.7% during the 3rd quarter. Salzhauer Michael now owns 10,847 shares of the bank’s stock worth $820,000 after purchasing an additional 4,419 shares during the period. Squarepoint Ops LLC boosted its position in QCR by 49.8% during the 2nd quarter. Squarepoint Ops LLC now owns 19,119 shares of the bank’s stock worth $1,298,000 after purchasing an additional 6,355 shares during the period. Finally, Rafferty Asset Management LLC boosted its position in QCR by 15.3% during the 2nd quarter. Rafferty Asset Management LLC now owns 14,694 shares of the bank’s stock worth $998,000 after purchasing an additional 1,948 shares during the period. 70.01% of the stock is owned by hedge funds and other institutional investors.

QCR Company Profile

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company’s deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies.