Somewhat Positive Media Coverage Somewhat Unlikely to Impact QCR (QCRH) Share Price

Headlines about QCR (NASDAQ:QCRH) have been trending somewhat positive on Monday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. QCR earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 46.0380221131685 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media stories that may have effected Accern’s rankings:

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QCRH has been the subject of a number of research reports. Keefe, Bruyette & Woods restated a “buy” rating and set a $54.00 target price on shares of QCR in a research report on Friday, December 22nd. ValuEngine raised shares of QCR from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. DA Davidson reissued a “buy” rating and issued a $56.00 price objective on shares of QCR in a research report on Wednesday, December 20th. BidaskClub lowered shares of QCR from a “hold” rating to a “sell” rating in a research report on Thursday, January 4th. Finally, Maxim Group reissued a “buy” rating and issued a $53.00 price objective on shares of QCR in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $53.60.

Shares of NASDAQ:QCRH traded up $0.45 during trading on Monday, reaching $45.30. The stock had a trading volume of 990 shares, compared to its average volume of 55,373. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market cap of $624.83, a PE ratio of 17.03, a P/E/G ratio of 1.38 and a beta of 0.40. QCR has a fifty-two week low of $39.85 and a fifty-two week high of $50.00.

QCR (NASDAQ:QCRH) last posted its quarterly earnings data on Thursday, February 1st. The bank reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.04. The business had revenue of $41.51 million during the quarter, compared to analyst estimates of $39.74 million. QCR had a net margin of 21.51% and a return on equity of 11.58%. sell-side analysts expect that QCR will post 3.25 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 4th. Stockholders of record on Friday, March 16th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date is Thursday, March 15th. This is a positive change from QCR’s previous quarterly dividend of $0.05. QCR’s payout ratio is currently 9.02%.

In other news, CEO Douglas M. Hultquist sold 2,014 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $44.33, for a total value of $89,280.62. Following the completion of the transaction, the chief executive officer now owns 77,404 shares of the company’s stock, valued at $3,431,319.32. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Douglas M. Hultquist sold 2,036 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $43.90, for a total transaction of $89,380.40. Following the completion of the transaction, the chief executive officer now directly owns 77,404 shares of the company’s stock, valued at approximately $3,398,035.60. The disclosure for this sale can be found here. Insiders own 8.80% of the company’s stock.

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About QCR

QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), Rockford Bank and Trust Company (RB&T), and Guaranty Bank and Trust Company, which provide full-service commercial and consumer banking and trust and asset management services.

Insider Buying and Selling by Quarter for QCR (NASDAQ:QCRH)

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