County Bancorp Inc (NASDAQ:ICBK) – Stock analysts at FIG Partners dropped their Q1 2019 earnings estimates for shares of County Bancorp in a research note issued on Wednesday, February 13th. FIG Partners analyst K. Fitzsimmons now anticipates that the financial services provider will earn $0.49 per share for the quarter, down from their prior forecast of $0.53. FIG Partners also issued estimates for County Bancorp’s Q2 2019 earnings at $0.50 EPS, Q3 2019 earnings at $0.50 EPS, Q4 2019 earnings at $0.51 EPS, FY2019 earnings at $2.00 EPS, Q1 2020 earnings at $0.52 EPS, Q2 2020 earnings at $0.52 EPS, Q3 2020 earnings at $0.53 EPS, Q4 2020 earnings at $0.53 EPS and FY2020 earnings at $2.10 EPS.

ICBK has been the subject of a number of other research reports. Maxim Group reaffirmed a “buy” rating and issued a $29.00 price objective on shares of County Bancorp in a report on Tuesday, October 23rd. ValuEngine cut shares of County Bancorp from a “sell” rating to a “strong sell” rating in a report on Saturday, January 5th. Hovde Group cut shares of County Bancorp from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $22.00 to $20.00 in a report on Friday. Zacks Investment Research cut shares of County Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, October 25th. Finally, DA Davidson raised shares of County Bancorp from a “neutral” rating to a “buy” rating in a report on Monday, November 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $26.40.

ICBK opened at $18.48 on Thursday. County Bancorp has a fifty-two week low of $16.74 and a fifty-two week high of $31.51. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.03 and a quick ratio of 1.02. The firm has a market capitalization of $123.35 million, a price-to-earnings ratio of 9.06, a PEG ratio of 1.12 and a beta of 0.72.

County Bancorp (NASDAQ:ICBK) last released its quarterly earnings data on Monday, February 11th. The financial services provider reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.13). County Bancorp had a net margin of 19.51% and a return on equity of 10.35%. The firm had revenue of $13.06 million during the quarter, compared to analysts’ expectations of $12.93 million.

Several hedge funds have recently added to or reduced their stakes in ICBK. Schwab Charles Investment Management Inc. increased its stake in shares of County Bancorp by 41.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 10,600 shares of the financial services provider’s stock worth $292,000 after purchasing an additional 3,100 shares in the last quarter. BlackRock Inc. increased its stake in shares of County Bancorp by 17.3% during the second quarter. BlackRock Inc. now owns 235,145 shares of the financial services provider’s stock worth $6,466,000 after purchasing an additional 34,721 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of County Bancorp by 22.8% during the second quarter. Dimensional Fund Advisors LP now owns 33,738 shares of the financial services provider’s stock worth $928,000 after purchasing an additional 6,266 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of County Bancorp by 58.3% during the second quarter. Renaissance Technologies LLC now owns 16,700 shares of the financial services provider’s stock worth $459,000 after purchasing an additional 6,148 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of County Bancorp by 7.3% during the second quarter. Northern Trust Corp now owns 50,456 shares of the financial services provider’s stock worth $1,388,000 after purchasing an additional 3,430 shares in the last quarter. 26.61% of the stock is owned by institutional investors and hedge funds.

In related news, insider Mark Andrew Miller bought 2,789 shares of the business’s stock in a transaction dated Wednesday, February 13th. The stock was acquired at an average price of $18.55 per share, with a total value of $51,735.95. Following the completion of the purchase, the insider now directly owns 27,354 shares of the company’s stock, valued at $507,416.70. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold 4,000 shares of company stock valued at $73,410 in the last ninety days. 25.60% of the stock is owned by corporate insiders.

County Bancorp Company Profile

County Bancorp, Inc operates as the bank holding company for Investors Community Bank that provides a range of banking and related financial services to individuals, businesses, and industries in northeastern and central Wisconsin. The company accepts demand interest bearing and noninterest bearing, money market deposit, NOW, checking, and savings accounts, as well as time deposits.

Featured Article: What is a Lock-Up Period?

Earnings History and Estimates for County Bancorp (NASDAQ:ICBK)

Receive News & Ratings for County Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for County Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.