Isabella Bank (OTCMKTS:ISBA) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Isabella Bank Co. (OTCMKTS:ISBA) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $24.82 and traded as low as $22.86. Isabella Bank shares last traded at $23.38, with a volume of 4,588 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Piper Sandler raised their target price on shares of Isabella Bank from $26.50 to $28.00 and gave the stock a “neutral” rating in a research report on Monday, February 3rd.

Isabella Bank Stock Performance

The firm has a market cap of $173.36 million, a PE ratio of 12.57 and a beta of 0.03. The stock has a 50-day moving average price of $24.82 and a 200 day moving average price of $23.72. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.81 and a quick ratio of 0.81.

Isabella Bank (OTCMKTS:ISBA) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03. Isabella Bank had a return on equity of 7.34% and a net margin of 13.28%. Research analysts forecast that Isabella Bank Co. will post 2.25 earnings per share for the current year.

Isabella Bank Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 4.79%. The ex-dividend date is Thursday, March 27th. Isabella Bank’s dividend payout ratio (DPR) is 60.22%.

Isabella Bank Company Profile

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts.