Headlines about Investar (NASDAQ:ISTR) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news 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. Investar earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.9353988448605 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Investar (NASDAQ:ISTR) traded up $0.70 on Monday, reaching $24.20. 21,200 shares of the company’s stock were exchanged, compared to its average volume of 16,919. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.01 and a current ratio of 1.01. Investar has a twelve month low of $19.80 and a twelve month high of $25.95. The stock has a market cap of $230.26, a price-to-earnings ratio of 24.95 and a beta of 0.35.

Investar (NASDAQ:ISTR) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. Investar had a net margin of 14.35% and a return on equity of 6.37%. The business had revenue of $13.78 million during the quarter, compared to analyst estimates of $13.54 million. equities research analysts expect that Investar will post 1.72 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 3rd were issued a dividend of $0.0315 per share. This is a positive change from Investar’s previous quarterly dividend of $0.03. This represents a $0.13 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Tuesday, January 2nd. Investar’s dividend payout ratio (DPR) is 13.40%.

ISTR has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Investar from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Hovde Group reaffirmed an “outperform” rating and set a $28.00 price objective on shares of Investar in a report on Friday, December 29th. Finally, Sandler O’Neill set a $29.00 price objective on shares of Investar and gave the company a “buy” rating in a report on Monday, January 29th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Investar currently has a consensus rating of “Buy” and a consensus price target of $27.50.

In other news, EVP Ryan P. Finnan sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $23.70, for a total transaction of $71,100.00. Following the completion of the transaction, the executive vice president now directly owns 15,314 shares in the company, valued at approximately $362,941.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 8.83% of the company’s stock.

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Investar Company Profile

Investar Holding Corporation is financial holding company that conducts its operations through, Investar Bank (the Bank), which is a commercial bank. The Company offers a range of commercial and retail lending products throughout its market areas, including business loans to small to medium-sized businesses, as well as loans to individuals.

Insider Buying and Selling by Quarter for Investar (NASDAQ:ISTR)

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