Earnings News

Investors Update: Investar Holding Corporation (NASDAQ:ISTR)

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Investar Holding Corporation (NASDAQ:ISTR) changed 1.88% to recent value of $27.1. The stock transacted 2541 shares during most recent day however it has an average volume of 12.96K shares. It spotted trading -9.36% off 52-week high price. On the other end, the stock has been noted 33.17% away from the low price over the last 52-weeks.

Investar Holding Corporation (NASDAQ:ISTR), the holding company of Investar Bank, declared a quarterly cash dividend of $0.045 per share to holders of Investar Holding Corporation common stock. The dividend is payable on October 31, 2018 to shareholders of record as of October 8, 2018. This represents a 13% increase in the dividend per share compared to the prior quarter and is the 20th quarterly dividend paid by Investar Holding Corporation, which follows an uninterrupted 11 quarterly cash dividends paid by Investar Bank.

Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a Louisiana-chartered bank. The Bank had total assets of approximately $1.7 billion as of June 30, 2018. Investar Bank currently operates 20 branches serving southeast Louisiana

ISTR has an operating margin of 77.00% while its profit margin remained 16.20% for the last 12 months. Its earnings per share (EPS) expected to touch remained -8.80% for this year.

The company has 9.48M of outstanding shares and 8.86M shares were floated in the market. The price moved ahead of 1.26% from the mean of 20 days, 0.47% from mean of 50 days SMA and performed 3.65% from mean of 200 days price. Company’s performance for the week was 1.31%, -1.28% for month and YTD performance remained 12.45%.

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