Peoples Bancorp Inc. (NASDAQ:PEBO – Free Report) – Analysts at DA Davidson issued their Q1 2025 EPS estimates for Peoples Bancorp in a report issued on Wednesday, January 22nd. DA Davidson analyst M. Navas forecasts that the bank will post earnings per share of $0.71 for the quarter. DA Davidson currently has a “Buy” rating and a $40.00 target price on the stock. The consensus estimate for Peoples Bancorp’s current full-year earnings is $3.19 per share.
PEBO has been the topic of a number of other reports. Stephens restated an “equal weight” rating and issued a $37.50 price target on shares of Peoples Bancorp in a report on Wednesday. Keefe, Bruyette & Woods raised their target price on shares of Peoples Bancorp from $32.00 to $36.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Finally, Piper Sandler lifted their price target on shares of Peoples Bancorp from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $36.90.
Peoples Bancorp Price Performance
PEBO opened at $32.68 on Thursday. The firm has a market capitalization of $1.16 billion, a PE ratio of 9.87 and a beta of 0.79. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.83 and a quick ratio of 0.83. The business’s 50-day moving average is $33.14 and its two-hundred day moving average is $31.95. Peoples Bancorp has a 1 year low of $26.74 and a 1 year high of $37.07.
Peoples Bancorp (NASDAQ:PEBO – Get Free Report) last announced its earnings results on Tuesday, January 21st. The bank reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.01. Peoples Bancorp had a return on equity of 11.07% and a net margin of 18.90%. During the same quarter in the previous year, the firm posted $1.04 EPS.
Peoples Bancorp Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.90%. The ex-dividend date of this dividend is Monday, February 3rd. Peoples Bancorp’s dividend payout ratio is presently 48.34%.
Insider Buying and Selling at Peoples Bancorp
In other Peoples Bancorp news, Director Carol A. Schneeberger sold 1,000 shares of Peoples Bancorp stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $31.02, for a total transaction of $31,020.00. Following the completion of the sale, the director now owns 27,686 shares of the company’s stock, valued at approximately $858,819.72. The trade was a 3.49 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director S Craig Beam sold 4,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $34.31, for a total value of $137,240.00. Following the completion of the transaction, the director now directly owns 23,760 shares in the company, valued at $815,205.60. This represents a 14.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,000 shares of company stock worth $411,010. 3.46% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Peoples Bancorp
Institutional investors and hedge funds have recently modified their holdings of the company. FMR LLC raised its position in Peoples Bancorp by 42.0% during the 3rd quarter. FMR LLC now owns 1,252 shares of the bank’s stock worth $38,000 after buying an additional 370 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of Peoples Bancorp in the fourth quarter worth $43,000. CWM LLC raised its holdings in shares of Peoples Bancorp by 503.9% during the third quarter. CWM LLC now owns 1,860 shares of the bank’s stock worth $56,000 after purchasing an additional 1,552 shares during the last quarter. nVerses Capital LLC lifted its position in Peoples Bancorp by 322.2% during the third quarter. nVerses Capital LLC now owns 3,800 shares of the bank’s stock valued at $114,000 after purchasing an additional 2,900 shares during the period. Finally, Quantbot Technologies LP boosted its holdings in Peoples Bancorp by 223.3% in the third quarter. Quantbot Technologies LP now owns 3,964 shares of the bank’s stock valued at $119,000 after purchasing an additional 2,738 shares during the last quarter. Institutional investors and hedge funds own 60.68% of the company’s stock.
About Peoples Bancorp
Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.
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