Isabella Bank (OTCMKTS:ISBA) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Isabella Bank Co. (OTCMKTS:ISBA) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $25.00 and traded as high as $25.97. Isabella Bank shares last traded at $25.50, with a volume of 5,550 shares.

Analyst Upgrades and Downgrades

Separately, Piper Sandler upped their target price on shares of Isabella Bank from $22.00 to $24.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th.

Isabella Bank Trading Down 1.0 %

The firm’s 50 day moving average price is $25.00 and its 200-day moving average price is $21.78. The stock has a market cap of $189.44 million, a P/E ratio of 13.93 and a beta of 0.02. 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 issued its earnings results on Thursday, October 24th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.16. The firm had revenue of $18.02 million for the quarter, compared to the consensus estimate of $17.50 million. Isabella Bank had a net margin of 13.43% and a return on equity of 7.32%. As a group, equities research analysts forecast that Isabella Bank Co. will post 1.99 earnings per share for the current year.

Isabella Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Monday, December 16th were given a dividend of $0.28 per share. The ex-dividend date was Monday, December 16th. This represents a $1.12 dividend on an annualized basis and a yield of 4.39%. Isabella Bank’s dividend payout ratio (DPR) is 61.20%.

About Isabella Bank

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.