IBERIABANK Corporation (IBKC) EPS Estimated At $1.61

June 15, 2018 - By Bernice Betts

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.
Moreover, Renaissance Techs Ltd Llc has 0.01% invested in IBERIABANK Corporation (NASDAQ:IBKC) for 98,248 shares. Voya Ltd Co reported 21,458 shares or 0% of all its holdings. Sfmg Ltd Llc invested 0.18% in IBERIABANK Corporation (NASDAQ:IBKC). The Florida-based Raymond James Service Advsrs has invested 0.02% in IBERIABANK Corporation (NASDAQ:IBKC). Horizon Kinetics Limited Liability has 3,396 shares for 0.01% of their portfolio. Clearbridge Invests Llc reported 35,145 shares. Wells Fargo & Mn owns 711,409 shares. The New York-based Goldman Sachs Group has invested 0% in IBERIABANK Corporation (NASDAQ:IBKC). California Pub Employees Retirement reported 130,350 shares. Price T Rowe Associates Incorporated Md stated it has 0% in IBERIABANK Corporation (NASDAQ:IBKC). Rhumbline Advisers stated it has 52,790 shares or 0.01% of all its holdings. Swiss Fincl Bank stated it has 93,423 shares. Geode Capital Mgmt Limited Liability Com accumulated 522,343 shares. Victory Mgmt has 0.19% invested in IBERIABANK Corporation (NASDAQ:IBKC) for 1.10 million shares. Tru Department Mb Fin Savings Bank N A accumulated 0% or 32 shares.

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. SunTrust maintained it with “Buy” rating and $96.0 target in Monday, January 8 report. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with “Buy”. Stephens maintained IBERIABANK Corporation (NASDAQ:IBKC) rating on Monday, January 29. Stephens has “Hold” rating and $90.0 target. The company was maintained on Friday, April 20 by Keefe Bruyette & Woods. Jefferies maintained it with “Buy” rating and $96.0 target in Monday, January 8 report. As per Friday, April 20, the company rating was maintained by Sandler O’Neill. The company was maintained on Wednesday, December 20 by SunTrust. The firm earned “Buy” rating on Monday, January 29 by Keefe Bruyette & Woods. The stock of IBERIABANK Corporation (NASDAQ:IBKC) has “Hold” rating given on Friday, February 9 by Hovde Group. The firm earned “Hold” rating on Wednesday, December 20 by Raymond James.

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

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