IBERIABANK Corp (NASDAQ:IBKC) had declared a cash dividend of $0.3600 on Sep 12, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 12, 2016 share price, the yield comes out to be 2.0939%. The dividend payable date has been fixed on Oct 28, 2016.
In a different note, On Aug 17, 2016, Keefe Bruyette & Woods said it Upgrades its rating on IBERIABANK Corp. In the research note, the firm Raises the price-target to $67.00 per share. The shares have been rated ‘Outperform’ by the firm. On Aug 8, 2016, Fig Partners said it Upgrades its rating on IBERIABANK Corp. The shares have been rated ‘Outperform’ by the firm. On Jul 29, 2016, Keefe Bruyette & Woods said it Maintains its rating on IBERIABANK Corp. In the research note, the firm Raises the price-target to $62.00 per share. The shares have been rated ‘Market Perform’ by the firm. On Jul 29, 2016, FBR Capital said it Maintains its rating on IBERIABANK Corp. In the research note, the firm Raises the price-target to $65.00 per share. The shares have been rated ‘Outperform’ by the firm.
IBERIABANK Corp (IBKC) shares turned negative on Tuesdays trading session with the shares closing down -0.23 points or -0.34% at a volume of 1,87,476. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $68.17. The peak price level was also seen at $68.17 while the days lowest was $67.57. Finally the shares closed at $67.58. The 52-week high of the shares is $69.93 while the 52-week low is $42.2. According to the latest information available, the market cap of the company is $2,773 M.
IBERIABANK Corp(IBKC) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $225.88M. Analysts had an estimated revenue of $224.79M. Earnings per share were $1.18. Analysts had estimated an EPS of $1.13.
Several Insider Transactions has been reported to the SEC. On Sep 2, 2016, Elizabeth A Ardoin (SR EXECUTIVE VICE PRESIDENT) sold 2,455 shares at $68.58 per share price.Also, On Aug 30, 2016, Anthony J Restel (SEVP, CHIEF FINANCIAL OFFICER) sold 3,342 shares at $69.22 per share price.On Sep 16, 2015, Jefferson G Parker (VICE CHAIRMAN) sold 5,216 shares at $61.25 per share price, according to the Form-4 filing with the securities and exchange commission.
IBERIABANK Corporation is a financial holding company. The Company is the holding company for IBERIABANK a Louisiana banking corporation; Lenders Title Company an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners LLC a corporate finance services firm (ICP); IB Aircraft Holdings LLC a holding company for the Company’s fractional investment in an aircraft 1887 Leasing LLC a holding company for its investment in a separate aircraft; IBERIA Asset Management Inc. (IAM) which provides wealth management and trust services to high net worth individuals pension funds corporations and trusts and IBERIA CDE L.L.C. (CDE) which invests in purchased tax credits. IBERIABANK offers commercial and retail banking products and services to customers throughout locations in six states including Louisiana Alabama Florida Arkansas Tennessee and Texas. The Bank operates in 314 locations with 216 bank branch offices.