Insider Selling: EverBank Financial Corp CEO Unloads 25,000 Shares of Stock (EVER)
EverBank Financial Corp (NASDAQ:EVER) CEO Robert M. Clements sold 25,000 shares of EverBank Financial Corp stock on the open market in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $20.04, for a total value of $501,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,947,495 shares in the company, valued at approximately $39,027,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
EverBank Financial Corp (NASDAQ:EVER) traded down 2.03% on Monday, hitting $19.82. 265,535 shares of the company’s stock traded hands. EverBank Financial Corp has a 52-week low of $13.95 and a 52-week high of $20.61. The stock has a 50-day moving average of $19.47 and a 200-day moving average of $18.69. The company has a market cap of $2.433 billion and a P/E ratio of 21.29.
EverBank Financial Corp (NASDAQ:EVER) last released its earnings data on Wednesday, April 30th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.02. Analysts expect that EverBank Financial Corp will post $1.12 EPS for the current fiscal year.
EVER has been the subject of a number of recent research reports. Analysts at Raymond James reiterated a “strong-buy” rating on shares of EverBank Financial Corp in a research note on Thursday, May 1st. They now have a $21.50 price target on the stock. Analysts at Compass Point reiterated a “neutral” rating on shares of EverBank Financial Corp in a research note on Thursday, May 1st. They now have a $17.00 price target on the stock. Five analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. EverBank Financial Corp has a consensus rating of “Buy” and an average price target of $20.33.
EverBank Financial Corp (NASDAQ:EVER), incorporated in 2004, is an unitary savings and loan holding company.