DA Davidson Estimates Peoples Bancorp Q1 Earnings

Peoples Bancorp Inc. (NASDAQ:PEBO) – Stock analysts at DA Davidson issued their Q1 2025 EPS estimates for Peoples Bancorp in a research report issued on Wednesday, January 22nd. DA Davidson analyst M. Navas forecasts that the bank will post earnings per share of $0.71 for the quarter. DA Davidson currently has a “Buy” rating and a $40.00 price target on the stock. The consensus estimate for Peoples Bancorp’s current full-year earnings is $3.16 per share.

Peoples Bancorp (NASDAQ:PEBO) last posted its earnings results on Tuesday, January 21st. The bank reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Peoples Bancorp had a net margin of 18.90% and a return on equity of 11.07%. During the same quarter in the previous year, the firm posted $1.04 earnings per share.

Other analysts also recently issued reports about the company. Piper Sandler upped their target price on Peoples Bancorp from $39.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday. Keefe, Bruyette & Woods boosted their target price on shares of Peoples Bancorp from $32.00 to $36.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Finally, Stephens reiterated an “equal weight” rating and set a $37.50 price objective on shares of Peoples Bancorp in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $36.90.

Peoples Bancorp Stock Up 1.5 %

PEBO opened at $32.68 on Thursday. The stock has a fifty day moving average of $33.19 and a 200-day moving average of $31.92. Peoples Bancorp has a fifty-two week low of $26.74 and a fifty-two week high of $37.07. The company has a market capitalization of $1.16 billion, a P/E ratio of 9.87 and a beta of 0.79. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 0.83.

Peoples Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend is Monday, February 3rd. Peoples Bancorp’s dividend payout ratio is currently 48.34%.

Insiders Place Their Bets

In related news, insider Matthew Edgell sold 3,000 shares of Peoples Bancorp stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $34.36, for a total transaction of $103,080.00. Following the sale, the insider now owns 16,092 shares of the company’s stock, valued at approximately $552,921.12. This trade represents a 15.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director S Craig Beam sold 4,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $34.31, for a total transaction of $137,240.00. Following the transaction, the director now directly owns 23,760 shares of the company’s stock, valued at $815,205.60. The trade was a 14.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,000 shares of company stock valued at $411,010 over the last quarter. 3.46% of the stock is owned by corporate insiders.

Institutional Trading of Peoples Bancorp

Several hedge funds have recently modified their holdings of the company. Shoker Investment Counsel Inc. raised its stake in shares of Peoples Bancorp by 1.2% in the third quarter. Shoker Investment Counsel Inc. now owns 31,151 shares of the bank’s stock valued at $937,000 after acquiring an additional 362 shares during the period. FMR LLC increased its stake in Peoples Bancorp by 42.0% in the 3rd quarter. FMR LLC now owns 1,252 shares of the bank’s stock worth $38,000 after buying an additional 370 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in shares of Peoples Bancorp by 3.3% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 12,043 shares of the bank’s stock valued at $362,000 after acquiring an additional 381 shares in the last quarter. D.A. Davidson & CO. grew its stake in Peoples Bancorp by 2.7% in the third quarter. D.A. Davidson & CO. now owns 23,961 shares of the bank’s stock worth $721,000 after purchasing an additional 626 shares in the last quarter. Finally, CWM LLC raised its position in Peoples Bancorp by 503.9% during the 3rd quarter. CWM LLC now owns 1,860 shares of the bank’s stock valued at $56,000 after purchasing an additional 1,552 shares in the last quarter. 60.68% of the stock is owned by hedge funds and other institutional investors.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.