QCR Holdings, Inc. (NASDAQ:QCRH) – Equities research analysts at FIG Partners issued their Q1 2018 earnings estimates for shares of QCR in a research report issued on Wednesday. FIG Partners analyst B. Martin anticipates that the bank will post earnings of $0.68 per share for the quarter. FIG Partners also issued estimates for QCR’s Q2 2018 earnings at $0.77 EPS, Q3 2018 earnings at $0.84 EPS, Q4 2018 earnings at $0.90 EPS, FY2018 earnings at $3.20 EPS and Q1 2019 earnings at $0.78 EPS.

QCRH has been the topic of several other research reports. Maxim Group cut their price target on QCR from $53.00 to $51.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. ValuEngine upgraded QCR from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Piper Jaffray Companies set a $52.00 price target on QCR and gave the stock a “buy” rating in a report on Monday. Stephens set a $53.00 price target on QCR and gave the stock a “buy” rating in a report on Monday. Finally, DA Davidson restated a “buy” rating and set a $56.00 price target on shares of QCR in a report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $53.60.

Shares of QCR (QCRH) opened at $43.60 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.93. QCR has a 1-year low of $39.85 and a 1-year high of $50.00. The firm has a market capitalization of $614.49, a PE ratio of 16.60, a price-to-earnings-growth ratio of 1.35 and a beta of 0.40.

QCR (NASDAQ:QCRH) last issued its quarterly earnings results on Thursday, February 1st. The bank reported $0.70 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.04. QCR had a return on equity of 12.09% and a net margin of 21.51%. The company had revenue of $41.51 million for the quarter, compared to the consensus estimate of $39.74 million.

In other news, CEO Thomas D. Budd sold 997 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $44.33, for a total value of $44,197.01. Following the transaction, the chief executive officer now owns 4,208 shares in the company, valued at approximately $186,540.64. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Douglas M. Hultquist sold 2,036 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $43.90, for a total value of $89,380.40. Following the completion of the transaction, the chief executive officer now owns 77,404 shares in the company, valued at approximately $3,398,035.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,854 shares of company stock worth $213,494. 8.80% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in QCRH. Schwab Charles Investment Management Inc. increased its holdings in shares of QCR by 23.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 22,062 shares of the bank’s stock valued at $1,046,000 after acquiring an additional 4,200 shares during the last quarter. Principal Financial Group Inc. purchased a new position in shares of QCR in the 2nd quarter valued at about $244,000. Alliancebernstein L.P. acquired a new stake in shares of QCR in the 2nd quarter valued at about $389,000. Teachers Advisors LLC boosted its position in shares of QCR by 9.3% in the 2nd quarter. Teachers Advisors LLC now owns 21,586 shares of the bank’s stock valued at $1,023,000 after purchasing an additional 1,843 shares during the period. Finally, Ameriprise Financial Inc. acquired a new stake in shares of QCR in the 2nd quarter valued at about $3,468,000. Institutional investors and hedge funds own 59.73% of the company’s stock.

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QCR Company Profile

QCR Holdings, Inc is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Rockford communities through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company (CRBT), Community State Bank (CSB), Rockford Bank and Trust Company (RB&T), and Guaranty Bank and Trust Company, which provide full-service commercial and consumer banking and trust and asset management services.

Earnings History and Estimates for QCR (NASDAQ:QCRH)

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