County Bancorp Inc (NASDAQ:ICBK) has received a consensus rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $32.75.
A number of research firms have commented on ICBK. Zacks Investment Research downgraded County Bancorp from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Hovde Group began coverage on County Bancorp in a research report on Tuesday, January 23rd. They set a “market perform” rating and a $34.00 target price on the stock. ValuEngine downgraded County Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Maxim Group reiterated a “buy” rating and set a $35.00 target price on shares of County Bancorp in a research report on Friday, January 19th. Finally, DA Davidson began coverage on County Bancorp in a research report on Friday, February 9th. They set a “neutral” rating and a $31.00 target price on the stock.
In other news, Director Wayne D. Mueller sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $27.17, for a total value of $135,850.00. Following the sale, the director now directly owns 95,000 shares in the company, valued at $2,581,150. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Glen L. Stiteley acquired 1,615 shares of County Bancorp stock in a transaction dated Wednesday, January 24th. The stock was bought at an average price of $30.84 per share, for a total transaction of $49,806.60. Following the completion of the transaction, the chief financial officer now directly owns 5,109 shares of the company’s stock, valued at $157,561.56. The disclosure for this purchase can be found here. 26.30% of the stock is owned by corporate insiders.
Shares of County Bancorp (ICBK) opened at $30.44 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $204.47, a price-to-earnings ratio of 20.43, a price-to-earnings-growth ratio of 1.78 and a beta of 0.45. County Bancorp has a 12-month low of $22.73 and a 12-month high of $35.89.
County Bancorp (NASDAQ:ICBK) last posted its earnings results on Friday, January 19th. The financial services provider reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.02). The firm had revenue of $12.16 million for the quarter, compared to analysts’ expectations of $11.97 million. County Bancorp had a return on equity of 8.10% and a net margin of 19.80%. equities analysts predict that County Bancorp will post 2.15 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be given a $0.07 dividend. This is an increase from County Bancorp’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, March 8th. County Bancorp’s dividend payout ratio is currently 18.79%.
County Bancorp Company Profile
County Bancorp, Inc is a bank holding company. The Company’s primary activities consist of holding the stock of its subsidiary bank, Investors Community Bank (the Bank), and providing banking and related business activities through the Bank and its other subsidiaries. It operates in the community banking segment.
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