Eye Catching Stock News: QCR Holdings (NASDAQ: QCRH)


QCR Holdings (NASDAQ: QCRH) changed 1.61% to recent value of $33.44. The stock transacted 91798 shares during most recent day however it has an average volume of 30.28K shares. It spotted trading -32.58% off 52-week high price. On the other end, the stock has been noted 10.91% away from the low price over the last 52-weeks.

QCR Holdings (NASDAQ: QCRH) revealed the election of three Class II directors at the Company’s annual meeting of its stockholders. The directors, Patrick S. Baird, Larry J. Helling and Mark C. Kilmer, were re-elected to three-year terms. As previously announced, effective at the annual stockholders’ meeting, Douglas M. Hultquist retired from the Company’s board of directors and from his roles as President and Chief Executive Officer, and leadership of QCR Holdings transitioned to current executive leaders and Company directors, Larry J. Helling and Todd A. Gipple. Mr. Helling is now Chief Executive Officer of the Company, and Mr. Gipple is President in addition to his roles of Chief Operating Officer and Chief Financial Officer. Additionally, Linda K. Neuman, a Company director since 2013, previously informed the board that she would not seek re-election at the meeting and thus was not re-nominated.

Pat Baird, Chair of QCR Holdings said “We again want to thank Doug for his dedication to QCR Holdings over the last 25 years. We will miss his vision and leadership but wish him well in his new chapter in life”. “The board would also like to thank Linda for her many years of thoughtful perspective and expertise which helped guide us well.”

He continued, “Finally, we’d like to congratulate both Larry and Todd and wish them all the success that we know they will have in their new roles. We have all the confidence that QCR Holdings will continue to thrive under their leadership and direction.”

Immediately following the annual meeting of stockholders, the Company’s board of directors declared a cash dividend of $0.06 per share distributable on July 3, 2019, to holders of common stock of the Company of record on June 21, 2019.

 QCRH has an operating margin of 68.90% while its profit margin remained 23.30% for the last 12 months. Its earnings per share (EPS) expected to touch remained 19.40% for this year while earning per share for the next 5-years is expected to reach at 10.00%.

 The company has 15.92M of outstanding shares and 14.78M shares were floated in the market. The price moved ahead of -1.92% from the mean of 20 days, -2.12% from mean of 50 days SMA and performed -8.58% from mean of 200 days price. Company’s performance for the week was -0.59%, -0.33% for month and YTD performance remained 4.21%.

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