German American Bancorp, Inc. (NASDAQ:GABC) Receives Average Recommendation of “Moderate Buy” from Analysts

German American Bancorp, Inc. (NASDAQ:GABC) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $47.6667.

Several research firms have recently issued reports on GABC. Weiss Ratings raised German American Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Wall Street Zen downgraded German American Bancorp from a “hold” rating to a “sell” rating in a research note on Sunday. Raymond James Financial assumed coverage on shares of German American Bancorp in a research report on Wednesday, July 8th. They set a “hold” rating for the company. Piper Sandler upgraded shares of German American Bancorp from a “neutral” rating to an “overweight” rating and set a $47.00 price objective on the stock in a research note on Friday, March 20th. Finally, Stephens raised their target price on shares of German American Bancorp from $47.00 to $49.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in shares of German American Bancorp by 161.6% in the 1st quarter. AQR Capital Management LLC now owns 50,971 shares of the bank’s stock valued at $1,911,000 after purchasing an additional 31,486 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of German American Bancorp by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,932 shares of the bank’s stock worth $635,000 after buying an additional 711 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of German American Bancorp by 9.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 55,370 shares of the bank’s stock worth $2,076,000 after buying an additional 4,907 shares during the last quarter. New York State Common Retirement Fund boosted its stake in German American Bancorp by 26.0% in the second quarter. New York State Common Retirement Fund now owns 12,587 shares of the bank’s stock valued at $485,000 after buying an additional 2,600 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in German American Bancorp by 6.5% in the second quarter. Arrowstreet Capital Limited Partnership now owns 23,630 shares of the bank’s stock valued at $910,000 after buying an additional 1,442 shares in the last quarter. 46.90% of the stock is currently owned by institutional investors and hedge funds.

German American Bancorp Stock Down 0.4%

NASDAQ GABC opened at $47.20 on Wednesday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.14. German American Bancorp has a 1-year low of $36.56 and a 1-year high of $48.94. The company has a 50 day moving average of $44.89 and a 200-day moving average of $42.88. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 13.07 and a beta of 0.59.

German American Bancorp (NASDAQ:GABC) last issued its quarterly earnings results on Monday, April 27th. The bank reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.02). The company had revenue of $97.43 million for the quarter, compared to analyst estimates of $95.84 million. German American Bancorp had a return on equity of 11.98% and a net margin of 27.09%. On average, equities research analysts expect that German American Bancorp will post 3.73 earnings per share for the current fiscal year.

German American Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Sunday, May 10th were given a dividend of $0.31 per share. The ex-dividend date was Friday, May 8th. This represents a $1.24 annualized dividend and a dividend yield of 2.6%. German American Bancorp’s dividend payout ratio (DPR) is currently 34.35%.

About German American Bancorp

German American Bancorp, Inc operates as a bank holding company headquartered in Jasper, Indiana. Through its principal subsidiary, German American Bank, it delivers a range of community banking services tailored to individuals, small-to-medium enterprises and agricultural clients. The company’s core offerings include traditional deposit accounts—such as checking, savings and certificates of deposit—alongside residential mortgage and home equity lending products.

On the commercial side, German American Bancorp provides a variety of financing solutions, including term loans, lines of credit and commercial real estate financing.