German American Bancorp., Inc. (NASDAQ:GABC) – Research analysts at FIG Partners issued their Q1 2019 earnings per share estimates for German American Bancorp. in a research report issued on Tuesday. FIG Partners analyst B. Martin anticipates that the bank will earn $0.50 per share for the quarter. FIG Partners also issued estimates for German American Bancorp.’s Q2 2019 earnings at $0.52 EPS, Q3 2019 earnings at $0.56 EPS, Q4 2019 earnings at $0.57 EPS and FY2019 earnings at $2.15 EPS.

Several other analysts have also commented on the stock. Zacks Investment Research raised shares of German American Bancorp. from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research note on Tuesday, January 9th. BidaskClub lowered shares of German American Bancorp. from a “hold” rating to a “sell” rating in a report on Saturday, December 9th. Hovde Group restated a “hold” rating on shares of German American Bancorp. in a report on Wednesday, January 3rd. Finally, Sandler O’Neill set a $38.00 price target on shares of German American Bancorp. and gave the company a “hold” rating in a report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $39.00.

German American Bancorp. (NASDAQ:GABC) traded up $0.26 during mid-day trading on Wednesday, reaching $34.26. 11,097 shares of the company traded hands, compared to its average volume of 44,761. German American Bancorp. has a fifty-two week low of $28.71 and a fifty-two week high of $39.02. The firm has a market capitalization of $774.27, a price-to-earnings ratio of 20.70 and a beta of 1.06. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.73.

German American Bancorp. (NASDAQ:GABC) last released its earnings results on Monday, January 29th. The bank reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). German American Bancorp. had a net margin of 28.47% and a return on equity of 10.90%. The business had revenue of $33.05 million for the quarter, compared to analyst estimates of $33.76 million.

Institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in German American Bancorp. in the 3rd quarter valued at approximately $114,000. Great West Life Assurance Co. Can acquired a new position in German American Bancorp. in the 3rd quarter valued at approximately $116,000. Field & Main Bank acquired a new position in German American Bancorp. in the 4th quarter valued at approximately $138,000. Legal & General Group Plc increased its stake in German American Bancorp. by 56.3% in the 2nd quarter. Legal & General Group Plc now owns 5,314 shares of the bank’s stock valued at $181,000 after buying an additional 1,914 shares during the period. Finally, Susquehanna International Group LLP acquired a new position in German American Bancorp. in the 2nd quarter valued at approximately $221,000. Hedge funds and other institutional investors own 36.60% of the company’s stock.

In related news, Director Chris A. Ramsey acquired 3,977 shares of the company’s stock in a transaction on Wednesday, December 19th. The shares were purchased at an average price of $36.00 per share, for a total transaction of $143,172.00. Following the purchase, the director now owns 16,969 shares in the company, valued at $610,884. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Chris A. Ramsey acquired 2,852 shares of the company’s stock in a transaction on Tuesday, December 11th. The stock was bought at an average price of $35.13 per share, for a total transaction of $100,190.76. Following the purchase, the director now owns 16,969 shares in the company, valued at approximately $596,120.97. The disclosure for this purchase can be found here. Insiders have bought 19,848 shares of company stock worth $709,584 in the last 90 days. 8.51% of the stock is owned by company insiders.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Saturday, February 10th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, February 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.75%. This is a positive change from German American Bancorp.’s previous quarterly dividend of $0.13. German American Bancorp.’s payout ratio is currently 31.71%.

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German American Bancorp. Company Profile

German American Bancorp, Inc is a bank holding company. As of December 31, 2016, the Company, through its banking subsidiary German American Bancorp, operated 51 banking offices in 19 contiguous southern Indiana counties and one northern Kentucky county. Its segments are core banking, trust and investment advisory services, insurance, and other.

Earnings History and Estimates for German American Bancorp. (NASDAQ:GABC)

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