Cardinal Financial Corp. Reaches New 12-Month High at $18.63 (CFNL)
Cardinal Financial Corp. (NASDAQ:CFNL) set a new 52-week high during mid-day trading on Monday, Analyst Ratings Network reports. The stock traded as high as $18.63 and last traded at $17.88, with a volume of 53,025 shares. The stock had previously closed at $18.11.
CFNL has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Cardinal Financial Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 11th. They now have a $17.20 price target on the stock. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $17.87.
Cardinal Financial Corp. has a 52 week low of $14.40 and a 52 week high of $18.52. The stock has a 50-day moving average of $17.48 and a 200-day moving average of $16.80. The company has a market cap of $547.2 million and a P/E ratio of 16.88.
Cardinal Financial Corp. (NASDAQ:CFNL) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.11. During the same quarter in the previous year, the company posted $0.48 earnings per share. On average, analysts predict that Cardinal Financial Corp. will post $0.91 earnings per share for the current fiscal year.
Cardinal Financial Corporation is a financial holding company. The Company owns Cardinal Bank (NASDAQ:CFNL), which is a state-chartered community bank with 27 banking offices located in Northern Virginia, Maryland and Washington, District of Columbia metropolitan area.
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