Brokers Offer Predictions for Peoples Bancorp Q1 Earnings

Peoples Bancorp Inc. (NASDAQ:PEBO) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Peoples Bancorp in a note issued to investors 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 has a “Buy” rating and a $40.00 price objective on the stock. The consensus estimate for Peoples Bancorp’s current full-year earnings is $3.16 per share.

Other analysts have also issued reports about the stock. 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 report on Wednesday. Keefe, Bruyette & Woods lifted their price objective on 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 reaffirmed an “equal weight” rating and issued a $37.50 target price 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 assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $36.90.

Peoples Bancorp Stock Performance

Shares of NASDAQ PEBO opened at $32.68 on Thursday. Peoples Bancorp has a 12 month low of $26.74 and a 12 month high of $37.07. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.21. The company has a market cap of $1.16 billion, a P/E ratio of 9.87 and a beta of 0.79. The business’s 50 day moving average is $33.19 and its two-hundred day moving average is $31.92.

Peoples Bancorp (NASDAQ:PEBO) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $0.76 earnings per share (EPS) for the quarter, beating 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 business earned $1.04 earnings per share.

Peoples Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given 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 dividend yield of 4.90%. Peoples Bancorp’s payout ratio is 48.34%.

Insider Activity at Peoples Bancorp

In related news, Director S Craig Beam sold 4,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $34.31, for a total value of $137,240.00. Following the completion of the sale, the director now owns 23,760 shares in the company, valued at approximately $815,205.60. This represents a 14.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Carol A. Schneeberger sold 1,000 shares of the company’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 directly owns 29,322 shares of the company’s stock, valued at approximately $1,000,759.86. This trade represents a 3.30 % 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. Corporate insiders own 3.46% of the company’s stock.

Hedge Funds Weigh In On Peoples Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in Peoples Bancorp by 153.6% in the third quarter. Wellington Management Group LLP now owns 352,488 shares of the bank’s stock valued at $10,606,000 after acquiring an additional 213,488 shares during the period. EMC Capital Management raised its holdings in shares of Peoples Bancorp by 787.3% during the third quarter. EMC Capital Management now owns 57,485 shares of the bank’s stock worth $1,730,000 after acquiring an additional 51,006 shares during the period. JPMorgan Chase & Co. boosted its stake in Peoples Bancorp by 316.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 61,645 shares of the bank’s stock worth $1,855,000 after purchasing an additional 46,845 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new position in Peoples Bancorp during the 3rd quarter worth about $1,244,000. Finally, Barclays PLC raised its stake in shares of Peoples Bancorp by 138.9% in the 3rd quarter. Barclays PLC now owns 63,096 shares of the bank’s stock valued at $1,898,000 after purchasing an additional 36,684 shares during the period. 60.68% of the stock is owned by institutional investors.

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.