IBERIABANK Corporation (NASDAQ:IBKC) Updates On Dividend Release Date


On 2016-06-21, IBERIABANK Corporation (NASDAQ:IBKC) confirmed the dividend disbursement of $0.34 a share to shareholders as on record 2016-06-30. The firm will release dividend on 2016-07-29 while ex-dividend date is reported to be 2016-06-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, IBERIABANK Corporation (NASDAQ:IBKC) paid a total of $0.34 per share in dividends. This figure stood at $0.34 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $69.5 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $75 and $58, respectively.

Taking the mathematical rating formula, the price for IBERIABANK Corporation (NASDAQ:IBKC) stands at 2.1. Earnings Review IBERIABANK Corporation (NASDAQ:IBKC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $1.2.

Coming to the quarter ending on 2015-12-31, IBERIABANK Corporation (NASDAQ:IBKC) recorded EPS of $1.18. The reported numbers came lower than the analysts’ estimates of $1.15, demonstrating a miss of $0.03 as against reported figures.

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