EverBank Financial Corp. Rating Lowered to Underperform at Zacks (EVER)
EverBank Financial Corp. (NASDAQ:EVER) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday, ARN reports. They currently have a $16.90 target price on the stock. Zacks‘ price target suggests a potential upside of 0.90% from the stock’s previous close.
A number of other firms have also recently commented on EVER. Analysts at Keefe, Bruyette & Woods raised their price target on shares of EverBank Financial Corp. from $18.00 to $21.00 in a research note to investors on Thursday, January 30th. They now have an “outperform” rating on the stock. Separately, analysts at Maxim Group initiated coverage on shares of EverBank Financial Corp. in a research note to investors on Wednesday, January 15th. They set a “hold” rating on the stock. Finally, analysts at Sterne Agee downgraded shares of EverBank Financial Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 14th. They now have a $18.00 price target on the stock. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. EverBank Financial Corp. presently has an average rating of “Buy” and an average target price of $18.16.
EverBank Financial Corp. (NASDAQ:EVER) traded down 1.76% on Tuesday, hitting $16.75. 518,069 shares of the company’s stock traded hands. EverBank Financial Corp. has a 52 week low of $13.93 and a 52 week high of $18.97. The stock has a 50-day moving average of $17.99 and a 200-day moving average of $16.04. The company has a market cap of $2.054 billion and a price-to-earnings ratio of 16.72.
EverBank Financial Corp. (NASDAQ:EVER) last announced its earnings results on Wednesday, January 29th. The company reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.25 by $0.01. The company had revenue of $231.00 million for the quarter, compared to the consensus estimate of $240.99 million. On average, analysts predict that EverBank Financial Corp. will post $1.18 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Saturday, February 22nd. Stockholders of record on Tuesday, February 11th will be paid a dividend of 0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Friday, February 7th.
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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