Based on ratings from 2 stock analysts, the Investar Holding Corp stock price is expected to increase by 7.91% in 12 months. This is calculated by using the average 12-month stock price forecast for Investar Holding Corp. The lowest target is $23 and the highest is $27.5. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assignedISTR 2 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Investar Holding Corp to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ISTR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ISTR.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Brett Rabatin Piper Sandler | Overweight | $13.5 | Upgrade | Oct 5, 2023 |
Kevin Fitzsimmons DA Davidson | Neutral | $14.75 | Maintains | Jul 24, 2023 |
Stephen Scouten Piper Sandler | Neutral | $20 | Downgrade | Oct 15, 2021 |
Brett Rabatin Piper Sandler | Overweight | $22 | Upgrade | Jan 28, 2021 |
DA Davidson | Neutral | Downgrade | Sep 15, 2020 | |
Raymond James | Market Perform | Downgrade | Jun 17, 2020 | |
William Wallace Raymond James | Outperform | $13 | Maintains | Apr 27, 2020 |
DA Davidson | Buy | $29 | Maintains | Nov 13, 2019 |
DA Davidson | Buy | Initiates | Jul 11, 2019 | |
Raymond James | Outperform | Upgrade | Jul 8, 2019 | |
Raymond James | Market Perform | Downgrade | Aug 10, 2017 | |
PiperJaffray | Overweight | Initiates | Mar 9, 2017 | |
Piper Sandler | Overweight | Initiates | Mar 9, 2017 | |
Piper Sandler | Buy | Initiates | Oct 14, 2014 | |
Sandler O'Neill | Buy | Initiates | Oct 14, 2014 | |
Sterne Agee | Buy | Initiates | Jul 28, 2014 |
When did it IPO
2014
Staff Count
331
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. John Joseph D'Angelo
Market Cap
$230.0M
In 2023, ISTR generated $82.4M in revenue, which was a decrease of -24.00% from the previous year. This can be seen as a signal that ISTR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Investar (ISTR) is identified as a potential short-term investment opportunity, having passed a screening for fundamentally sound stocks amid a favorable price trend.
Why It Matters - Investar's positive screening suggests potential for short-term gains, attracting investors seeking momentum in fundamentally strong stocks amid market fluctuations.
Summary - Investar Holding Corporation reported Q3 2024 net income of $5.4 million ($0.54 per share), up from $4.1 million in Q2 2024 and $2.8 million in Q3 2023.
Why It Matters - Investar's increasing net income and earnings per share indicate strong financial performance and growth, potentially boosting investor confidence and stock valuation.
Summary - Investar (ISTR) reported Q3 earnings of $0.45 per share, surpassing the Zacks Consensus Estimate of $0.35, and up from $0.33 per share a year earlier.
Why It Matters - Investar's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for continued profitability, positively influencing investor sentiment.
Summary - Investar Holding Corporation (Nasdaq: ISTR) declared a quarterly cash dividend of $0.105 per share, payable on October 31, 2024, to shareholders of record as of September 30, 2024.
Why It Matters - The declaration of a quarterly cash dividend signals financial health and potential stability for Investar Holding Corporation, which can enhance shareholder confidence and attract new investors.
Summary - Investar (ISTR) is highlighted as a strong investment option due to its recent price strength and fundamental strength, appealing to investors seeking profitable stocks.
Why It Matters - Investar (ISTR) shows strong fundamentals and recent price momentum, signaling potential for profit, making it appealing for growth-focused investors.
Summary - Investar (ISTR) has shown strong recent price performance and is identified as a stock well-positioned to maintain its uptrend according to a recent screening.
Why It Matters - Investar's strong price performance suggests momentum, signaling potential for continued growth and attracting investors seeking upward-trending stocks.