EverBank Financial Corp (EVER) was Downgraded by Wells Fargo to ” Market Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. Wells Fargo advised their investors in a research report released on Jul 11, 2016.
Many Wall Street Analysts have commented on EverBank Financial Corp. EverBank Financial Corp was Upgraded by Sandler O’Neill to ” Buy” on May 18, 2016. Compass Point Upgraded EverBank Financial Corp on May 13, 2016 to ” Buy”, Price Target of the shares are set at $16.50.EverBank Financial Corp was Downgraded by Raymond James to ” Outperform” on Apr 28, 2016.
On the company’s financial health, EverBank Financial Corp reported $0.32 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.33.Analysts expectations of $ 230.98.During the same quarter in the previous year, the company posted $0.31 EPS.
EverBank Financial Corp opened for trading at $14.72 and hit $15.245 on the upside on Friday, eventually ending the session at $15.19, with a gain of 4.83% or 0.7 points. The heightened volatility saw the trading volume jump to 4,98,403 shares. Company has a market cap of $1,903 M.
In a different news, on May 18, 2016, Gerald S Armstrong (director) sold 40,000 shares at $13.98 per share price. According to the SEC, on Mar 4, 2016, Merrick R Kleeman (director) purchased 25,000 shares at $13.13 per share price. On Dec 3, 2015, Robert J Jr Mylod (director) sold 5,000 shares at $17.14 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.