Insider Selling: EverBank Financial Corp. CEO Unloads 6,500 Shares of Stock (EVER)
EverBank Financial Corp. (NASDAQ:EVER) CEO Robert M. Clements sold 6,500 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $16.92, for a total transaction of $109,980.00. Following the completion of the transaction, the chief executive officer now directly owns 2,113,495 shares in the company, valued at approximately $35,760,335. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
A number of research firms have recently commented on EVER. Analysts at Zacks downgraded shares of EverBank Financial Corp. from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday. They now have a $16.90 price target on the stock. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $18.16.
Shares of EverBank Financial Corp. (NASDAQ:EVER) traded up 0.30% during mid-day trading on Wednesday, hitting $16.80. 319,899 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’s 50-day moving average is $17.91 and its 200-day moving average is $16.0. The company has a market cap of $2.060 billion and a price-to-earnings ratio of 16.42.
EverBank Financial Corp. (NASDAQ:EVER) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the 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. Analysts expect that EverBank Financial Corp. will post $1.18 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Saturday, February 22nd. Shareholders 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 0.71%. 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.