Ultime notizie per Investar Holding (NASDAQ:ISTR) Azioni

Investar Holding

Investar Holding Corp is a U.S.-based financial holding company. Through its subsidiaries, it offers a variety 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. It has business operations spread across the United States and serves its customers through several service branches. The bank also offers cashiers' checks, direct deposit of payroll and Social Security checks, night depository, bank-by-mail, automated teller machines with deposit automation, and debit cards.

Investar Holding Corporation - Common Stock

Investar Holding Corp

Piper Sandler analyst Stephen Scouten upgrades Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) from Neutral to Overweight and raises the price target from $21 to $22.

News

Upgrades

Price Target

Analyst Ratings

ISTR

Piper Sandler Upgrades Investar Holding to Overweight, Raises Price Target to $22

Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.43 by 48.84 percent. This is a 48.84 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $20.36 million which beat the analyst consensus estimate of $19.90 million by 2.29 percent. This is a 10.11 percent decrease over sales of $22.65 million the same period last year.

Earnings

Investar Holding Q1 2025 Adj EPS $0.64 May Not Be Comparable To $0.43 Estimate, Sales $20.36M Beat $19.90M Estimate

Piper Sandler analyst Stephen Scouten assumes Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) with a Neutral rating and announces Price Target of $21.

Initiation

Piper Sandler Assumes Investar Holding at Neutral, Announces Price Target of $21

<h3>Gainers</h3>
<ul>
<li>Patriot Ntl Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNBK#NASDAQ">PNBK</a>) shares rose 62.1% to $2.35 during Monday's pre-market session. The market value of their outstanding shares is at $9.3 million. </li>
<li>Dominari Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOMH#NASDAQ">DOMH</a>) stock moved upwards by 19.56% to $3.85. The market value of their outstanding shares is at $24.1 million. </li>
<li>First Seacoast Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSEA#NASDAQ">FSEA</a>) shares increased by 15.81% to $11.79. The market value of their outstanding shares is at $56.3 million. </li>
<li>FlexShopper (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FPAY#NASDAQ">FPAY</a>) shares rose 9.79% to $1.57. The market value of their outstanding shares is at $37.2 million. </li>
<li>Magyar Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGYR#NASDAQ">MGYR</a>) stock moved upwards by 8.37% to $15.79. The company's market cap stands at $103.7 million. </li>
<li>Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) shares rose 7.91% to $20.99. The market value of their outstanding shares is at $206.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Garden Stage (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIW#NASDAQ">GSIW</a>) stock fell 24.9% to $0.59 during Monday's pre-market session. The company's market cap stands at $9.2 million. </li>
<li>Powell Max (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMAX#NASDAQ">PMAX</a>) shares declined by 8.26% to $0.4. The market value of their outstanding shares is at $5.9 million. </li>
<li>NBT Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBTB#NASDAQ">NBTB</a>) stock fell 6.45% to $45.42. The market value of their outstanding shares is at $2.1 billion. </li>
<li>Santech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STEC#NASDAQ">STEC</a>) shares fell 6.2% to $0.65. The market value of their outstanding shares is at $18.2 million. </li>
<li>First of Long Island (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLIC#NASDAQ">FLIC</a>) shares decreased by 5.67% to $13.0. The company's market cap stands at $293.0 million. </li>
<li>Reliance Global Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) shares declined by 5.64% to $1.83. The market value of their outstanding shares is at $4.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-financial-services-stocks/" title="www.benzinga.com/money/best-financial-services-stocks/">www.benzinga.com/money/best-financial-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Financials Stocks Moving In Monday's Pre-Market Session

Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) reported quarterly earnings of $0.65 per share which beat the analyst consensus estimate of $0.39 by 66.67 percent. This is a 66.67 percent increase over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $22.646 million which beat the analyst consensus estimate of $20.600 million by 9.93 percent. This is a 11.85 percent increase over sales of $20.246 million the same period last year.

Earnings Beats

Investar Holding Q4 2024 Adj. EPS $0.65 Beats $0.39 Estimate, Sales $22.646M Beat $20.600M Estimate

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Shares of banking-related companies are trading higher after Donald Trump won the US presidential election.

Earnings Misses

Investar Holding Q3 2024 Adj. EPS $(0.45) Misses $0.33 Estimate, Sales $21.400M Beat $19.600M Estimate

While &quot;the trend is your friend&quot; when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn&#39;t easy.
The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.
Our &quot;Recent Price Strength&quot; screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen:
<h2>Investar</h2>
(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/istr#NASDAQ">ISTR</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.
A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. ISTR is quite a good fit in this regard, gaining 19.2% over this period.
However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 1.5% over the past four weeks ensures that the trend is still in place for the stock of this holding company for Investar Bank.
Moreover, ISTR is currently trading at 98.6% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.
Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.
So, the price trend in ISTR may not reverse anytime soon.
<a href="https://www.zacks.com/stock/news/2327469/recent-price-trend-in-investar-istr-is-your-friend-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2327469">To read this article on Zacks.com click here.</a>

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Recent Price Trend in Investar is Your Friend, Here's Why

Investar Holding Q2 2024 Adj EPS $0.36 Beats $0.29 Estimate, Sales $19.948M Beat $19.800M Estimate

Investar Holding Corporation ("Investar") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>), the holding company of Investar Bank, National Association (the "Bank"), announced that it has rejoined the broad-market Russell 3000&#xAE; Index, effective at the open of U.S. equity markets on Monday, July 1st, as part of the 2024 Russell U.S. Indexes annual reconstitution.

Investar Rejoins Russell 3000 Index

Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.24 by 79.17 percent. This is a 15.69 percent decrease over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $19.96 million which beat the analyst consensus estimate of $18.90 million by 5.63 percent. This is a 6.05 percent decrease over sales of $21.25 million the same period last year.

Investar Holding Q1 Adj EPS $0.43 Beats $0.24 Estimate, Sales $19.96M Beat $18.90M Estimate

Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.28 by 39.29 percent. This is a 37.1 percent decrease over earnings of $0.62 per share from the same period last year.

Investar Holding Q4 EPS $0.39 Beats $0.28 Estimate

Thursday marks the last chance for investors to receive the next dividend payout from Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 10 cents per share. On Friday, Investar Holding will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own ISTR as of the end of Thursday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 31, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Investar Holding's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Dividends

Investar Holding's Ex-Dividend Date Is Friday, Here's What You Need To Know

Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) reported quarterly earnings of $0.33 per share which met the analyst consensus estimate. This is a 53.52 percent decrease over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $19.11 million which missed the analyst consensus estimate of $20.11 million by 4.99 percent. This is a 26.89 percent decrease over sales of $26.13 million the same period last year.

Investar Holding Q3 EPS $0.33, Inline, Sales $19.11M Miss $20.11M Estimate

Piper Sandler&nbsp;analyst&nbsp;Graham Dick upgraded&nbsp;Investar Holding Corp&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/istr#NASDAQ">ISTR</a>) to Overweight from Neutral with&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/quote/ISTR/analyst-ratings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">a price target of $13.5</a>.
The upgrade is due to the analyst&#39;s view of valuation &#39;becoming unreasonably depressed&#39; given the bank&#39;s modest earnings outlook.
The analyst finds ISTR&#39;s CET1 ratio of about 10% as comforting and slower balance sheet growth but sees accumulated other comprehensive income&nbsp;(AOCI) worsening in Q3 on rate movements.&nbsp;
The analyst revised EPS estimates to $1.73 (from $1.70) for FY23 and $1.14 (from $1.16) for FY24, assuming slightly better near-term net interest margins on lower average borrowings.
However, the analyst sees the net interest margin to have less growth in FY24 amid a &quot;higher for longer&quot; environment, given ISTR&#39;s liability-sensitive balance sheet.&nbsp;
Consequently, the analyst sees EPS exiting FY24 at around an annual run-rate of $1.40 on the continued realization of the benefit of fixed-rate loan repricing (~80% of total loans) and expects any future federal funds rate cuts to boost EPS trends.
Price Action: ISTR shares are trading higher by 7.92% at $11.18 on the last check Thursday.

Analyst Color

Equities

Investar Holding To See Lower Net Interest Margin Upside In "Higher For Longer" Environment In FY24: Analyst

Downgrades

Intraday Update

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Benzinga's Top Ratings Upgrades, Downgrades For October 5, 2023

Piper Sandler analyst Brett Rabatin upgrades Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) from Neutral to Overweight and announces $13.5 price target.

Piper Sandler Upgrades Investar Holding to Overweight, Announces $13.5 Price Target

Thursday marks the last chance for investors to receive the next dividend payout from Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 10 cents per share. On Friday, Investar Holding will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own ISTR as of the end of Thursday's session are eligible to receive the 10 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on October 31, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/ISTR">See current stock movements Investar Holding on Benzinga.</a>

Investar Holding: Dividend Insights

DA Davidson analyst Kevin Fitzsimmons maintains Investar Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISTR#NASDAQ">ISTR</a>) with a Neutral and raises the price target from $13 to $14.75.

DA Davidson Maintains Neutral on Investar Holding, Raises Price Target to $14.75

This is in addition to 248,439 shares remaining under the current repurchase program. The additional shares authorized for repurchase represent approximately&nbsp;4%&nbsp;of the Company&#39;s outstanding common stock.&nbsp;

Buybacks

Investar Holding Board Authorizes Repurchase Of An Additional 350,000 Shares Of Common Stock

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