EverBank Financial Corp (EVER) was Downgraded by Maxim Group to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Maxim Group advised their investors in a research report released on Aug 9, 2016.
Many Wall Street Analysts have commented on EverBank Financial Corp. EverBank Financial Corp was Downgraded by Raymond James to ” Mkt Perform” on Jul 27, 2016. Compass Point Downgraded EverBank Financial Corp on Jul 27, 2016 to ” Neutral”, Price Target of the shares are set at $19.50.EverBank Financial Corp was Downgraded by Wells Fargo to ” Market Perform” on Jul 11, 2016.
On the company’s financial health, EverBank Financial Corp reported $0.32 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus of $0.36.Analysts expectations of $ 236.03.During the same quarter in the previous year, the company posted $0.35 EPS.
EverBank Financial Corp opened for trading at $19.09 and hit $19.21 on the upside on Monday, eventually ending the session at $19.2, with a gain of 3.00% or 0.56 points. The heightened volatility saw the trading volume jump to 2,46,05,093 shares. Company has a market cap of $2,406 M.
In a different news, on Aug 2, 2016, Robert J Jr Mylod (director) sold 5,000 shares at $17.95 per share price. According to the SEC, on May 18, 2016, Gerald S Armstrong (director) sold 40,000 shares at $13.98 per share price. On Mar 4, 2016, Merrick R Kleeman (director) purchased 25,000 shares at $13.13 per share price, according to the Form-4 filing with the securities and exchange commission.
EverBank Financial Corp is a unitary savings and loan holding company. The Company markets and distributes its banking products and services through its online and mobile financial portal financial centers in targeted Florida markets and other national business relationships. Its consumer and commercial lending businesses target clients through retail and commercial lending offices in metropolitan markets throughout the country. The Company operates in three segments: Consumer Banking Commercial Banking and Corporate Services. Its Consumer Banking segment includes consumer deposit services and activities residential lending and servicing wealth management and capital markets. The Commercial Banking segment includes commercial deposit services and activities commercial and commercial real estate lending lender finance equipment finance and mortgage warehouse finance. Its Corporate Services segment provides support services to the Consumer and Commercial Banking segments.