FY2025 EPS Forecast for Peoples Bancorp Decreased by Analyst

Peoples Bancorp Inc. (NASDAQ:PEBO) – Equities researchers at DA Davidson dropped their FY2025 earnings estimates for Peoples Bancorp in a note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now anticipates that the bank will post earnings per share of $3.30 for the year, down from their prior estimate of $3.35. The consensus estimate for Peoples Bancorp’s current full-year earnings is $3.31 per share.

Peoples Bancorp (NASDAQ:PEBO) last announced its quarterly earnings results on Tuesday, October 22nd. The bank reported $0.89 EPS for the quarter, topping the consensus estimate of $0.82 by $0.07. The firm had revenue of $158.41 million for the quarter, compared to analyst estimates of $112.30 million. Peoples Bancorp had a net margin of 20.16% and a return on equity of 11.84%. During the same period last year, the business earned $1.06 EPS.

PEBO has been the subject of a number of other reports. Keefe, Bruyette & Woods increased their price objective on Peoples Bancorp from $32.00 to $36.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. Piper Sandler dropped their target price on Peoples Bancorp from $39.00 to $36.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 23rd. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $34.25.

Peoples Bancorp Trading Up 1.0 %

Shares of Peoples Bancorp stock opened at $32.46 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $1.15 billion, a P/E ratio of 9.25 and a beta of 0.77. Peoples Bancorp has a 1 year low of $26.74 and a 1 year high of $37.07. The company’s fifty day moving average is $33.59 and its two-hundred day moving average is $31.57.

Peoples Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Monday, November 4th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend was Monday, November 4th. Peoples Bancorp’s dividend payout ratio (DPR) is 45.58%.

Insider Transactions at Peoples Bancorp

In other news, Director Carol A. Schneeberger sold 1,000 shares of Peoples Bancorp stock in a transaction on Friday, November 8th. The stock was sold at an average price of $34.13, for a total transaction of $34,130.00. Following the completion of the transaction, the director now owns 29,322 shares of the company’s stock, valued at $1,000,759.86. The trade was a 3.30 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director S Craig Beam sold 4,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $34.31, for a total transaction of $137,240.00. Following the completion of the sale, the director now directly owns 23,760 shares in the company, valued at approximately $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 have sold 11,445 shares of company stock valued at $393,806 in the last quarter. 3.46% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. nVerses Capital LLC purchased a new position in Peoples Bancorp during the second quarter worth $27,000. FMR LLC increased its position in Peoples Bancorp by 42.0% during the 3rd quarter. FMR LLC now owns 1,252 shares of the bank’s stock worth $38,000 after purchasing an additional 370 shares in the last quarter. Innealta Capital LLC acquired a new position in Peoples Bancorp in the 2nd quarter valued at about $46,000. CWM LLC lifted its holdings in Peoples Bancorp by 503.9% in 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. Finally, Quest Partners LLC boosted its stake in shares of Peoples Bancorp by 20,273.3% during the 2nd quarter. Quest Partners LLC now owns 3,056 shares of the bank’s stock worth $92,000 after purchasing an additional 3,041 shares during the last quarter. 60.68% of the stock is currently owned by institutional investors and hedge funds.

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.