DA Davidson Has Pessimistic Outlook of QCR FY2025 Earnings

QCR Holdings, Inc. (NASDAQ:QCRH) – DA Davidson reduced their FY2025 earnings estimates for shares of QCR in a research report issued to clients and investors on Thursday, April 24th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings per share of $6.65 for the year, down from their previous forecast of $6.80. The consensus estimate for QCR’s current full-year earnings is $6.82 per share. DA Davidson also issued estimates for QCR’s FY2026 earnings at $6.75 EPS.

Several other brokerages also recently issued reports on QCRH. Keefe, Bruyette & Woods decreased their target price on QCR from $99.00 to $90.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. Raymond James set a $78.00 price objective on shares of QCR and gave the company an “outperform” rating in a research report on Thursday, April 24th. Finally, Piper Sandler cut their target price on shares of QCR from $98.00 to $88.00 and set an “overweight” rating for the company in a research note on Thursday, April 24th.

QCR Price Performance

NASDAQ:QCRH opened at $65.66 on Monday. The stock has a market cap of $1.11 billion, a PE ratio of 9.79 and a beta of 0.81. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67. The business’s 50-day simple moving average is $70.03 and its two-hundred day simple moving average is $78.45. QCR has a 52 week low of $54.75 and a 52 week high of $96.08.

QCR (NASDAQ:QCRH) last issued its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.01. QCR had a return on equity of 12.68% and a net margin of 19.06%. The business had revenue of $76.88 million during the quarter, compared to analysts’ expectations of $94.01 million. During the same quarter in the prior year, the business posted $1.59 earnings per share.

QCR Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 19th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $0.24 annualized dividend and a dividend yield of 0.37%. QCR’s dividend payout ratio (DPR) is 3.61%.

Insider Activity

In other QCR news, insider James D. Klein sold 630 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $73.40, for a total transaction of $46,242.00. Following the sale, the insider now directly owns 428 shares of the company’s stock, valued at $31,415.20. The trade was a 59.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Larry J. Helling acquired 1,000 shares of the stock in a transaction dated Monday, April 28th. The stock was bought at an average cost of $64.53 per share, with a total value of $64,530.00. Following the completion of the purchase, the chief executive officer now directly owns 40,264 shares in the company, valued at approximately $2,598,235.92. The trade was a 2.55 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.70% of the company’s stock.

Institutional Investors Weigh In On QCR

Several hedge funds and other institutional investors have recently made changes to their positions in the company. First Trust Advisors LP boosted its position in shares of QCR by 809.7% during the fourth quarter. First Trust Advisors LP now owns 92,686 shares of the bank’s stock valued at $7,474,000 after buying an additional 82,497 shares during the period. Silvercrest Asset Management Group LLC boosted its holdings in QCR by 38.4% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 195,092 shares of the bank’s stock valued at $15,732,000 after acquiring an additional 54,161 shares during the period. Bridgeway Capital Management LLC boosted its holdings in QCR by 41.0% during the 4th quarter. Bridgeway Capital Management LLC now owns 176,267 shares of the bank’s stock valued at $14,214,000 after acquiring an additional 51,240 shares during the period. Raymond James Financial Inc. bought a new position in QCR in the 4th quarter valued at $3,979,000. Finally, Assenagon Asset Management S.A. bought a new stake in shares of QCR during the fourth quarter worth $3,755,000. Hedge funds and other institutional investors own 70.01% of the company’s stock.

About QCR

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.