Old Second Bancorp, Inc. (NASDAQ:OSBC – Free Report) – Stock analysts at DA Davidson issued their FY2026 EPS estimates for Old Second Bancorp in a research report issued to clients and investors on Wednesday, February 26th. DA Davidson analyst J. Rulis expects that the financial services provider will post earnings of $2.15 per share for the year. The consensus estimate for Old Second Bancorp’s current full-year earnings is $1.86 per share.
A number of other research firms have also recently commented on OSBC. Raymond James upgraded Old Second Bancorp from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, December 19th. Stephens boosted their target price on Old Second Bancorp from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Old Second Bancorp from $22.00 to $24.00 and gave the stock an “outperform” rating in a research report on Thursday. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Old Second Bancorp has an average rating of “Buy” and an average target price of $20.90.
Old Second Bancorp Price Performance
Shares of OSBC opened at $18.17 on Friday. The company has a market capitalization of $814.98 million, a P/E ratio of 9.72 and a beta of 1.07. Old Second Bancorp has a fifty-two week low of $13.00 and a fifty-two week high of $19.46. The business’s 50-day moving average is $18.33 and its two-hundred day moving average is $17.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.84 and a current ratio of 0.84.
Old Second Bancorp (NASDAQ:OSBC – Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). Old Second Bancorp had a return on equity of 13.73% and a net margin of 24.95%.
Old Second Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Friday, January 31st were given a $0.06 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.24 dividend on an annualized basis and a yield of 1.32%. Old Second Bancorp’s payout ratio is currently 12.83%.
Insider Buying and Selling
In other news, Director Rocks Patti Temple bought 5,625 shares of the firm’s stock in a transaction on Monday, December 23rd. The shares were bought at an average cost of $17.79 per share, for a total transaction of $100,068.75. Following the completion of the transaction, the director now owns 18,679 shares in the company, valued at $332,299.41. This trade represents a 43.09 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.80% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Old Second Bancorp
Hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP increased its holdings in shares of Old Second Bancorp by 70.1% during the 4th quarter. Quarry LP now owns 2,363 shares of the financial services provider’s stock worth $42,000 after buying an additional 974 shares during the last quarter. R Squared Ltd acquired a new stake in Old Second Bancorp in the fourth quarter valued at $96,000. Quantbot Technologies LP grew its stake in Old Second Bancorp by 134.0% in the third quarter. Quantbot Technologies LP now owns 6,264 shares of the financial services provider’s stock worth $98,000 after purchasing an additional 3,587 shares in the last quarter. Point72 DIFC Ltd bought a new stake in shares of Old Second Bancorp in the 3rd quarter valued at approximately $101,000. Finally, Aquatic Capital Management LLC raised its holdings in shares of Old Second Bancorp by 47.3% during the fourth quarter. Aquatic Capital Management LLC now owns 7,956 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 2,556 shares during the period. 67.76% of the stock is currently owned by hedge funds and other institutional investors.
About Old Second Bancorp
Old Second Bancorp, Inc operates as the bank holding company for Old Second National Bank that provides community banking services. It offers demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificates of deposit accounts. The company also provides commercial loans; lease financing receivables; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage and second mortgage loans; home equity line of credit; consumer loans, including motor vehicle, home improvement, and signature loans; installment and agricultural loans; residential mortgages; and overdraft checking.
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