IBERIABANK Corporation (IBKC) Analysts See $1.61 EPS

June 19, 2018 - By Adrian Erickson

IBERIABANK Corporation (NASDAQ:IBKC) LogoInvestors sentiment decreased to 1.12 in Q1 2018. Its down 0.04, from 1.16 in 2017Q4. It dropped, 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.
Fmr Limited holds 0.01% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC) for 908,498 shares. Illinois-based Guggenheim Cap Lc has invested 0.02% in IBERIABANK Corporation (NASDAQ:IBKC). California State Teachers Retirement Systems owns 77,059 shares. Clearbridge Invs Lc accumulated 0% or 35,145 shares. Public Employees Retirement Association Of Colorado holds 7,456 shares. Bluemountain Mngmt Limited Com has invested 0% in IBERIABANK Corporation (NASDAQ:IBKC). Greylin Mangement Incorporated reported 0.14% of its portfolio in IBERIABANK Corporation (NASDAQ:IBKC). Ubs Oconnor Limited Liability Corp reported 120,000 shares. Howe And Rusling holds 30 shares or 0% of its portfolio. Alphaone Inv Svcs Ltd Liability Company invested in 0.01% or 300 shares. Virtu Fincl Limited Liability Company reported 0.02% stake. Renaissance Limited Company invested in 0.01% or 98,248 shares. Ubs Asset Americas invested in 39,743 shares. Gsa Ptnrs Ltd Liability Partnership invested in 26,123 shares. Trexquant Lp holds 0.02% or 4,033 shares.

Since June 6, 2018, it had 0 buys, and 1 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 $91.21M giving it 12.52 P/E if the $1.61 EPS is correct. After having $1.37 EPS previously, IBERIABANK Corporation’s analysts see 17.52 % EPS growth. It closed at $80.65 lastly. It is down 2.46% since June 19, 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. The rating was downgraded by Raymond James to “Hold” on Wednesday, December 20. SunTrust maintained the stock with “Buy” rating in Wednesday, December 20 report. The rating was maintained by Piper Jaffray with “Buy” on Monday, April 23. Jefferies maintained IBERIABANK Corporation (NASDAQ:IBKC) on Monday, January 8 with “Buy” rating. As per Friday, February 9, the company rating was maintained by Hovde Group. The firm has “Hold” rating given on Friday, April 20 by Stephens. Keefe Bruyette & Woods maintained IBERIABANK Corporation (NASDAQ:IBKC) rating on Monday, February 26. Keefe Bruyette & Woods has “Buy” rating and $99.0 target. The firm has “Hold” rating given on Monday, January 29 by Stephens. As per Monday, January 29, the company rating was maintained by Keefe Bruyette & Woods. The stock of IBERIABANK Corporation (NASDAQ:IBKC) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21.

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 $4.57 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 29.4 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.

Another recent and important IBERIABANK Corporation (NASDAQ:IBKC) news was published by Seekingalpha.com which published an article titled: “IBERIABANK announces branch closures and consolidations” on May 21, 2018.

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.