EverBank Financial Corp (NYSE:EVER) was upgraded by research analysts at TheStreet from a “c” rating to a “b-” rating in a research report issued on Wednesday.

Analyst Recommendations for EverBank Financial Corp (NYSE:EVER)

Shares of EverBank Financial Corp (NYSE EVER) opened at 19.49 on Wednesday. EverBank Financial Corp has a 12-month low of $13.71 and a 12-month high of $19.52. The stock has a market capitalization of $2.49 billion, a P/E ratio of 17.11 and a beta of 0.67. The stock has a 50 day moving average of $19.47 and a 200 day moving average of $19.44.

The firm also recently announced a quarterly dividend, which was paid on Friday, May 19th. Stockholders of record on Thursday, May 11th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Tuesday, May 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.23%. EverBank Financial Corp’s dividend payout ratio (DPR) is presently 22.86%.

TRADEMARK VIOLATION NOTICE: “EverBank Financial Corp (EVER) Upgraded to B- at TheStreet” was first posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/06/11/everbank-financial-corp-ever-upgraded-to-b-at-thestreet.html.

In other news, Director Robert J. Mylod, Jr. sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, April 3rd. The shares were sold at an average price of $19.47, for a total transaction of $97,350.00. Following the transaction, the director now directly owns 471,915 shares in the company, valued at $9,188,185.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 21.03% of the company’s stock.

Several institutional investors have recently made changes to their positions in EVER. TCW Group Inc. raised its position in shares of EverBank Financial Corp by 0.3% in the first quarter. TCW Group Inc. now owns 123,098 shares of the financial services provider’s stock worth $2,398,000 after buying an additional 387 shares during the period. Kellner Capital LLC raised its position in shares of EverBank Financial Corp by 2.3% in the first quarter. Kellner Capital LLC now owns 45,100 shares of the financial services provider’s stock worth $879,000 after buying an additional 1,000 shares during the period. American International Group Inc. raised its position in shares of EverBank Financial Corp by 5.0% in the first quarter. American International Group Inc. now owns 62,211 shares of the financial services provider’s stock worth $1,212,000 after buying an additional 2,973 shares during the period. IndexIQ Advisors LLC raised its position in shares of EverBank Financial Corp by 22.4% in the first quarter. IndexIQ Advisors LLC now owns 30,236 shares of the financial services provider’s stock worth $589,000 after buying an additional 5,541 shares during the period. Finally, Gabelli Funds LLC raised its position in shares of EverBank Financial Corp by 3.0% in the first quarter. Gabelli Funds LLC now owns 275,489 shares of the financial services provider’s stock worth $5,367,000 after buying an additional 8,100 shares during the period. Institutional investors and hedge funds own 80.85% of the company’s stock.

About EverBank Financial Corp

EverBank Financial Corp is a unitary savings and loan holding company. The Company is also a diversified financial services company that provides a range of financial products and services to individuals, as well as small and mid-size business clients nationwide through channels that are connected by technology-driven, centralized platforms, which provide operating leverage throughout its business.

Receive News & Ratings for EverBank Financial Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EverBank Financial Corp and related companies with MarketBeat.com's FREE daily email newsletter.