EverBank Financial Corp. PT Lowered to $18.00 (EVER)
Equities research analysts at Raymond James decreased their price target on shares of EverBank Financial Corp. (NASDAQ:EVER) from $19.00 to $18.00 in a research note issued to investors on Friday, American Banking News reports. The firm currently has a “strong-buy” rating on the stock. Raymond James’ price target would suggest a potential upside of 21.95% from the company’s current price.
Shares of EverBank Financial Corp. (NASDAQ:EVER) opened at 14.76 on Friday. EverBank Financial Corp. has a one year low of $12.37 and a one year high of $17.29. The stock has a 50-day moving average of $14.98 and a 200-day moving average of $15.53. The company has a market cap of $1.808 billion and a P/E ratio of 14.41.
EverBank Financial Corp. (NASDAQ:EVER) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.29 by $0.01. The company had revenue of $282.00 million for the quarter. The company’s revenue for the quarter was up .7% on a year-over-year basis. Analysts expect that EverBank Financial Corp. will post $1.20 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, November 22nd. Stockholders of record on Tuesday, November 12th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Thursday, November 7th.
Separately, analysts at Goldman Sachs Group Inc. downgraded shares of EverBank Financial Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, September 17th. They now have a $16.50 price target on the stock, down previously from $18.00. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. EverBank Financial Corp. presently has a consensus rating of “Buy” and a consensus price target of $16.50.
EverBank Financial Corp is an unitary savings and loan holding company. The Company provides a range of financial products and services directly to customers through multiple business channels.
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