$1.61 EPS Expected for IBERIABANK Corporation (IBKC)

June 15, 2018 - By Marie Mckinney

IBERIABANK Corporation (NASDAQ:IBKC) LogoInvestors sentiment decreased to 1.12 in Q1 2018. Its down 0.04, from 1.16 in 2017Q4. It turned negative, as 16 investors sold IBERIABANK Corporation shares while 73 reduced holdings. 32 funds opened positions while 68 raised stakes. 44.08 million shares or 2.56% less from 45.24 million shares in 2017Q4 were reported.
Seaward L P owns 0.81% invested in IBERIABANK Corporation (NASDAQ:IBKC) for 208,630 shares. Segall Bryant And Hamill Ltd has 0.46% invested in IBERIABANK Corporation (NASDAQ:IBKC) for 257,261 shares. Tiverton Asset Llc invested in 11,303 shares. Tower Research Cap Ltd Liability (Trc) owns 6,218 shares. Swiss Savings Bank holds 0.01% or 93,423 shares. New York-based Alliancebernstein Ltd Partnership has invested 0% in IBERIABANK Corporation (NASDAQ:IBKC). 50,815 are held by Harvey Capital Incorporated. Trexquant Inv L P holds 0.02% in IBERIABANK Corporation (NASDAQ:IBKC) or 4,033 shares. Systematic Financial Management L P holds 0.05% or 30,625 shares. Paloma Prtnrs Mngmt has invested 0.01% in IBERIABANK Corporation (NASDAQ:IBKC). Maltese Cap Management Limited Liability owns 180,054 shares. State Street owns 2.78M shares or 0.02% of their US portfolio. American Int Gp reported 0.01% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC). Utd Services Automobile Association stated it has 8,289 shares. Banc Funds Lc has invested 0.92% in IBERIABANK Corporation (NASDAQ:IBKC).

Since June 6, 2018, it had 0 insider purchases, and 1 insider sale for $98,460 activity.

Analysts expect IBERIABANK Corporation (NASDAQ:IBKC) to report $1.61 EPS on July, 19.They anticipate $0.51 EPS change or 46.36 % from last quarter’s $1.1 EPS. IBKC’s profit would be $91.20M giving it 12.51 P/E if the $1.61 EPS is correct. After having $1.37 EPS previously, IBERIABANK Corporation’s analysts see 17.52 % EPS growth. The stock decreased 0.37% or $0.3 during the last trading session, reaching $80.55. About 270,224 shares traded. IBERIABANK Corporation (NASDAQ:IBKC) has risen 2.46% since June 15, 2017 and is uptrending. It has underperformed by 10.11% the S&P500.

IBERIABANK Corporation (NASDAQ:IBKC) Ratings Coverage

Among 8 analysts covering Iberiabank (NASDAQ:IBKC), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Iberiabank had 16 analyst reports since December 20, 2017 according to SRatingsIntel. On Monday, January 8 the stock rating was maintained by Jefferies with “Buy”. Piper Jaffray maintained the shares of IBKC in report on Monday, January 29 with “Buy” rating. The company was maintained on Friday, February 9 by Hovde Group. Stephens maintained the stock with “Hold” rating in Friday, April 20 report. SunTrust maintained IBERIABANK Corporation (NASDAQ:IBKC) rating on Monday, January 8. SunTrust has “Buy” rating and $96.0 target. Stephens maintained the stock with “Hold” rating in Monday, January 29 report. The firm has “Buy” rating given on Monday, February 26 by Keefe Bruyette & Woods. Piper Jaffray maintained IBERIABANK Corporation (NASDAQ:IBKC) rating on Monday, April 23. Piper Jaffray has “Buy” rating and $9200 target. The stock of IBERIABANK Corporation (NASDAQ:IBKC) earned “Buy” rating by Jefferies on Tuesday, April 24. The rating was maintained by Keefe Bruyette & Woods on Monday, January 29 with “Buy”.

IBERIABANK Corporation operates as the bank holding firm for IBERIABANK that provides commercial and retail banking services and products in the United States. The company has market cap of $4.56 billion. It offers various commercial, consumer, mortgage, and private banking services and products; cash management services; deposit and annuity products; and brokerage services, as well as sells variable annuities. It has a 31.09 P/E ratio. The firm also provides various title insurance and loan closing services for residential and commercial customers; one-to-four family residential mortgage loans; equity research, institutional sales and trading, and corporate finance services; and wealth management and trust advisory services to high net worth individuals, pension funds, firms, and trusts, as well as invests in a commercial rental property and purchased tax credits.

More news for IBERIABANK Corporation (NASDAQ:IBKC) were recently published by: Streetinsider.com, which released: “IBERIABANK Corp. (IBKC) to Close or Consolidate 22 Branches” on May 18, 2018. Seekingalpha.com‘s article titled: “IBERIABANK announces branch closures and consolidations” and published on May 21, 2018 is yet another important article.

IBERIABANK Corporation (NASDAQ:IBKC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.