DA Davidson Weighs in on Peoples Bancorp Q1 Earnings

Peoples Bancorp Inc. (NASDAQ:PEBO) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Peoples Bancorp in a research note issued to investors on Wednesday, January 22nd. DA Davidson analyst M. Navas anticipates that the bank will earn $0.71 per share for the quarter. DA Davidson currently has a “Buy” rating and a $40.00 target price on the stock. The consensus estimate for Peoples Bancorp’s current full-year earnings is $3.16 per share.

Peoples Bancorp (NASDAQ:PEBO) last announced its quarterly earnings data on Tuesday, January 21st. The bank reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.01. Peoples Bancorp had a return on equity of 11.07% and a net margin of 18.90%. During the same period in the prior year, the company posted $1.04 earnings per share.

Several other equities analysts have also recently commented on PEBO. Piper Sandler boosted their price target on shares of Peoples Bancorp from $39.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday. Keefe, Bruyette & Woods upped their price objective on shares of Peoples Bancorp from $32.00 to $36.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Finally, Stephens reiterated an “equal weight” rating and set a $37.50 price target on shares of Peoples Bancorp in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $36.90.

Peoples Bancorp Stock Performance

PEBO stock opened at $32.20 on Thursday. The firm has a 50 day simple moving average of $33.25 and a 200 day simple moving average of $31.92. Peoples Bancorp has a 52 week low of $26.74 and a 52 week high of $37.07. The stock has a market cap of $1.14 billion, a P/E ratio of 9.73 and a beta of 0.79. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 0.83.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. FMR LLC increased its position in shares of Peoples Bancorp by 42.0% during the 3rd quarter. FMR LLC now owns 1,252 shares of the bank’s stock worth $38,000 after purchasing an additional 370 shares in the last quarter. CWM LLC grew its stake in Peoples Bancorp by 503.9% during the third quarter. CWM LLC now owns 1,860 shares of the bank’s stock worth $56,000 after buying an additional 1,552 shares during the last quarter. nVerses Capital LLC increased its holdings in shares of Peoples Bancorp by 322.2% during the third quarter. nVerses Capital LLC now owns 3,800 shares of the bank’s stock worth $114,000 after buying an additional 2,900 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of Peoples Bancorp by 223.3% in the third quarter. Quantbot Technologies LP now owns 3,964 shares of the bank’s stock valued at $119,000 after acquiring an additional 2,738 shares during the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of Peoples Bancorp in the 3rd quarter worth approximately $123,000. 60.68% of the stock is owned by institutional investors.

Insider Activity at Peoples Bancorp

In related news, Director S Craig Beam sold 4,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $34.31, for a total value of $137,240.00. Following the sale, the director now owns 23,760 shares of the company’s stock, valued at $815,205.60. The trade was a 14.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Matthew Edgell sold 3,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $34.36, for a total transaction of $103,080.00. Following the transaction, the insider now owns 16,092 shares of the company’s stock, valued at approximately $552,921.12. This represents a 15.71 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,000 shares of company stock worth $411,010 over the last three months. Company insiders own 3.46% of the company’s stock.

Peoples Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date is Monday, February 3rd. Peoples Bancorp’s dividend payout ratio (DPR) is presently 48.34%.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.