Brokerages Set Old Second Bancorp, Inc. (NASDAQ:OSBC) Target Price at $23.38

04 Apr 2026, 07:50 by Kim Johansen · The Markets Daily

Old Second Bancorp, Inc. (NASDAQ:OSBC – Get Free Report) has been given an average rating of “Moderate Buy” by the five research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $23.3750.

OSBC has been the subject of a number of analyst reports. Stephens began coverage on Old Second Bancorp in a research report on Friday, March 27th. They set an “overweight” rating and a $23.00 price objective for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Old Second Bancorp in a research note on Thursday, January 22nd. Finally, DA Davidson boosted their price target on shares of Old Second Bancorp from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, January 23rd.

Read Our Latest Analysis on OSBC

Insider Activity

In other news, EVP Richard A. Gartelmann, Jr. sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $20.98, for a total transaction of $41,960.00. Following the completion of the transaction, the executive vice president directly owned 24,874 shares in the company, valued at approximately $521,856.52. The trade was a 7.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Darin Patrick Campbell sold 35,000 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $20.94, for a total value of $732,900.00. Following the completion of the transaction, the insider directly owned 274,589 shares of the company’s stock, valued at $5,749,893.66. This trade represents a 11.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 37,091 shares of company stock valued at $776,744. 3.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Boston Partners bought a new position in shares of Old Second Bancorp in the fourth quarter worth $15,994,000. Wellington Management Group LLP raised its stake in shares of Old Second Bancorp by 521.2% during the fourth quarter. Wellington Management Group LLP now owns 969,708 shares of the financial services provider’s stock valued at $18,909,000 after purchasing an additional 813,600 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Old Second Bancorp by 74.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,478,332 shares of the financial services provider’s stock worth $24,599,000 after purchasing an additional 630,265 shares during the period. Vanguard Group Inc. lifted its holdings in Old Second Bancorp by 20.4% in the third quarter. Vanguard Group Inc. now owns 3,269,993 shares of the financial services provider’s stock worth $56,522,000 after purchasing an additional 553,169 shares during the period. Finally, Kennedy Capital Management LLC grew its position in Old Second Bancorp by 93.3% in the 2nd quarter. Kennedy Capital Management LLC now owns 996,992 shares of the financial services provider’s stock valued at $17,687,000 after buying an additional 481,302 shares in the last quarter. Institutional investors and hedge funds own 67.76% of the company’s stock.

Old Second Bancorp Price Performance

OSBC opened at $20.74 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11. The company’s 50-day moving average price is $20.05 and its 200 day moving average price is $19.28. Old Second Bancorp has a fifty-two week low of $14.14 and a fifty-two week high of $22.00. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 12.72 and a beta of 0.74.

Old Second Bancorp (NASDAQ:OSBC – Get Free Report) last issued its earnings results on Wednesday, January 21st. The financial services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $95.20 million during the quarter, compared to the consensus estimate of $82.49 million. Old Second Bancorp had a return on equity of 12.79% and a net margin of 20.00%. As a group, sell-side analysts expect that Old Second Bancorp will post 1.86 earnings per share for the current year.

Old Second Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Investors of record on Friday, January 30th were given a $0.07 dividend. The ex-dividend date was Friday, January 30th. This represents a $0.28 annualized dividend and a yield of 1.4%. Old Second Bancorp’s dividend payout ratio (DPR) is currently 17.18%.

About Old Second Bancorp

(Get Free Report)

Old Second Bancorp, Inc is a bank holding company based in Aurora, Illinois, serving businesses and consumers through its primary subsidiary, Old Second National Bank. The company provides a broad range of commercial and retail banking services across the suburban Chicago marketplace, supported by a branch network and online platforms designed to meet the financial needs of local communities.