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

Isabella Bank Co. (OTCMKTS:ISBA) crossed 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 Ratings Changes

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

Isabella Bank Price Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 0.81 and a quick ratio of 0.81. The stock’s fifty day moving average is $25.17 and its 200-day moving average is $21.88. The stock has a market capitalization of $193.11 million, a PE ratio of 14.20 and a beta of 0.02.

Isabella Bank (OTCMKTS:ISBA) last posted its quarterly earnings data on Thursday, October 24th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.16. The company had revenue of $18.02 million during the quarter, compared to analysts’ expectations 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 analysts predict that Isabella Bank Co. will post 1.99 earnings per share for the current fiscal year.

Isabella Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 16th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date was Monday, December 16th. Isabella Bank’s dividend payout ratio is presently 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.