Investar (NASDAQ:ISTR) Issues Quarterly Earnings Results, Beats Estimates By $0.29 EPS

Posted by Stuart Ham on Apr 21st, 2025

Investar (NASDAQ:ISTR – Get Free Report) posted its quarterly earnings results on Monday. The financial services provider reported $0.64 EPS for the quarter, beating the consensus estimate of $0.35 by $0.29, Zacks reports. Investar had a return on equity of 8.00% and a net margin of 12.81%.

Investar Stock Up 0.8 %

Shares of ISTR opened at $16.21 on Monday. The business’s 50 day simple moving average is $17.53 and its 200-day simple moving average is $20.01. Investar has a one year low of $14.60 and a one year high of $24.81. The company has a market capitalization of $159.20 million, a P/E ratio of 7.95 and a beta of 0.52. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.95 and a quick ratio of 0.95.

Investar Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a $0.105 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.42 dividend on an annualized basis and a yield of 2.59%. Investar’s dividend payout ratio (DPR) is presently 20.59%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. StockNews.com lowered shares of Investar from a “buy” rating to a “hold” rating in a report on Sunday, April 6th. Piper Sandler assumed coverage on shares of Investar in a research note on Friday, February 21st. They issued a “neutral” rating and a $21.00 target price on the stock.

View Our Latest Report on ISTR

About Investar

(Get Free Report)

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States. The company offers various deposit products and services, such as savings, checking, money market, and individual retirement accounts, as well as various certificates of deposit; debit and credit cards; internet, mobile, and video banking services; and reciprocal deposit products.