Analysts Issue Forecasts for Peoples Bancorp FY2025 Earnings

Peoples Bancorp Inc. (NASDAQ:PEBO) – Equities researchers at DA Davidson raised their FY2025 EPS estimates for shares of Peoples Bancorp in a research note issued on Wednesday, January 22nd. DA Davidson analyst M. Navas now forecasts that the bank will post earnings per share of $3.60 for the year, up from their prior estimate of $3.30. DA Davidson 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 $3.19 per share.

A number of other research analysts have also recently commented on PEBO. Piper Sandler raised their price target on shares of Peoples Bancorp from $39.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday. Keefe, Bruyette & Woods boosted their price target on Peoples Bancorp from $32.00 to $36.00 and gave the company a “market perform” rating in a research note 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 note on Wednesday. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $36.90.

Peoples Bancorp Stock Performance

Shares of PEBO stock opened at $32.68 on Friday. The firm has a fifty day moving average of $33.14 and a 200-day moving average of $31.97. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 9.87 and a beta of 0.79. Peoples Bancorp has a 52-week low of $26.74 and a 52-week high of $37.07. 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 (NASDAQ:PEBO) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.01. Peoples Bancorp had a return on equity of 11.07% and a net margin of 18.90%. During the same period in the prior year, the company earned $1.04 EPS.

Peoples Bancorp Dividend Announcement

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

Insider Buying and Selling at Peoples Bancorp

In other Peoples Bancorp news, Director Carol A. Schneeberger sold 1,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $34.13, for a total value of $34,130.00. Following the completion of the sale, the director now owns 29,322 shares in the company, valued at approximately $1,000,759.86. This trade represents a 3.30 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director S Craig Beam sold 4,000 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 23,760 shares in the company, valued at $815,205.60. This trade represents a 14.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,000 shares of company stock worth $411,010. 3.46% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Spire Wealth Management bought a new stake in shares of Peoples Bancorp during the 4th quarter valued at $43,000. SG Americas Securities LLC increased its holdings in Peoples Bancorp by 44.4% in the fourth quarter. SG Americas Securities LLC now owns 12,008 shares of the bank’s stock valued at $381,000 after purchasing an additional 3,690 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in Peoples Bancorp by 29.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 15,636 shares of the bank’s stock valued at $496,000 after buying an additional 3,593 shares during the period. JPMorgan Chase & Co. boosted its holdings in Peoples Bancorp by 316.5% during the third quarter. JPMorgan Chase & Co. now owns 61,645 shares of the bank’s stock worth $1,855,000 after buying an additional 46,845 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Peoples Bancorp by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 850,654 shares of the bank’s stock worth $25,601,000 after buying an additional 22,285 shares during the period. 60.68% of the stock is currently owned by institutional investors and hedge funds.

About Peoples Bancorp

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.