Somewhat Favorable News Coverage Somewhat Unlikely to Impact County Bancorp (ICBK) Share Price
News stories about County Bancorp (NASDAQ:ICBK) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. County Bancorp earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 44.0847416114319 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
ICBK has been the topic of a number of analyst reports. Maxim Group restated a “buy” rating and issued a $33.00 price target on shares of County Bancorp in a research note on Thursday, July 20th. Zacks Investment Research cut County Bancorp from a “hold” rating to a “sell” rating in a research note on Monday, July 24th.
Shares of County Bancorp (ICBK) opened at 30.62 on Tuesday. The firm has a 50-day moving average price of $30.01 and a 200-day moving average price of $29.65. The firm has a market capitalization of $203.35 million, a PE ratio of 18.83 and a beta of 0.47. County Bancorp has a 1-year low of $19.50 and a 1-year high of $30.93.
County Bancorp (NASDAQ:ICBK) last issued its quarterly earnings data on Thursday, July 20th. The financial services provider reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.16). County Bancorp had a return on equity of 9.04% and a net margin of 19.27%. The firm had revenue of $11.41 million during the quarter, compared to analyst estimates of $11.36 million. On average, analysts forecast that County Bancorp will post $1.56 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 8th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $0.24 dividend on an annualized basis and a yield of 0.78%. County Bancorp’s dividend payout ratio is currently 14.72%.
In other County Bancorp news, Director Gary J. Ziegelbauer sold 3,367 shares of the business’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $30.62, for a total value of $103,097.54. Following the transaction, the director now owns 405,518 shares in the company, valued at approximately $12,416,961.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Wayne D. Mueller sold 2,621 shares of the business’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $25.11, for a total transaction of $65,813.31. Following the completion of the transaction, the director now owns 100,000 shares in the company, valued at approximately $2,511,000. The disclosure for this sale can be found here. Insiders sold a total of 16,359 shares of company stock worth $428,186 in the last quarter. 26.30% of the stock is currently owned by company insiders.
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County Bancorp Company Profile
County Bancorp, Inc is a bank holding company. The Company’s primary activities consist of holding the stock of its subsidiary bank, Investors Community Bank (the Bank), and providing banking and related business activities through the Bank and its other subsidiaries. It operates in the community banking segment.
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