EverBank Financial Corp (EVER) Releases Earnings Results, Misses Expectations By $-0.04 EPS

EverBank Financial Corp (EVER) reported quarterly earnings results on Tuesday, Jul-26-2016. The company reported $0.32 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $0.36. Analysts expectations of $236.03 million. During the same quarter in the previous year, the company posted $0.35 EPS.

Many Wall Street Analysts have commented on EverBank Financial Corp. EverBank Financial Corp was Downgraded by Wells Fargo to ” Market Perform” on Jul 11, 2016. 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 closed down -0.15 points or -0.95% at $15.63 with 3,51,990 shares getting traded on Wednesday. Post opening the session at $15.85, the shares hit an intraday low of $15.62 and an intraday high of $15.85 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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.

EverBank Financial Corp

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