Shares of EverBank Financial Corp. (NYSE:EVER) have received a consensus recommendation of “Hold” from the twelve analysts that are currently covering the company. Nine research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $17.83.

EVER has been the topic of several recent analyst reports. Zacks Investment Research raised EverBank Financial Corp. from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Monday, July 11th. Sandler O’Neill lowered EverBank Financial Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th. Maxim Group lowered EverBank Financial Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, August 9th. Wells Fargo & Co. lowered EverBank Financial Corp. from an “outperform” rating to a “market perform” rating in a research report on Monday, July 11th. Finally, Raymond James Financial Inc. lowered EverBank Financial Corp. from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 27th.

EverBank Financial Corp. (NYSE:EVER) opened at 19.32 on Thursday. The company has a 50-day moving average price of $19.21 and a 200 day moving average price of $16.39. EverBank Financial Corp. has a 12 month low of $12.32 and a 12 month high of $21.18. The company has a market capitalization of $2.42 billion, a PE ratio of 21.47 and a beta of 0.69.

EverBank Financial Corp. (NYSE:EVER) last released its earnings results on Tuesday, July 26th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.04. The firm earned $196.61 million during the quarter, compared to the consensus estimate of $236.66 million. EverBank Financial Corp. had a net margin of 11.41% and a return on equity of 9.53%. The company’s revenue was down 22.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.35 EPS. On average, equities research analysts forecast that EverBank Financial Corp. will post $1.18 EPS for the current fiscal year.

In related news, Director Robert J. Mylod, Jr. sold 35,000 shares of the business’s stock in a transaction on Monday, July 25th. The stock was sold at an average price of $17.00, for a total value of $595,000.00. Following the completion of the sale, the director now directly owns 516,915 shares in the company, valued at approximately $8,787,555. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert J. Mylod, Jr. sold 5,000 shares of the business’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of $17.95, for a total value of $89,750.00. Following the completion of the sale, the director now owns 511,915 shares of the company’s stock, valued at $9,188,874.25. The disclosure for this sale can be found here. 21.03% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in EVER. Legal & General Group Plc increased its stake in EverBank Financial Corp. by 19.0% in the first quarter. Legal & General Group Plc now owns 23,580 shares of the company’s stock valued at $355,000 after buying an additional 3,770 shares during the period. Bayesian Capital Management LP purchased a new stake in EverBank Financial Corp. during the first quarter valued at about $259,000. Renaissance Technologies LLC increased its stake in EverBank Financial Corp. by 69.3% in the first quarter. Renaissance Technologies LLC now owns 1,385,100 shares of the company’s stock valued at $20,901,000 after buying an additional 567,100 shares during the period. Kennedy Capital Management Inc. increased its stake in EverBank Financial Corp. by 50.5% in the first quarter. Kennedy Capital Management Inc. now owns 444,041 shares of the company’s stock valued at $6,701,000 after buying an additional 148,924 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in EverBank Financial Corp. by 0.8% in the first quarter. Goldman Sachs Group Inc. now owns 3,142,220 shares of the company’s stock valued at $47,416,000 after buying an additional 26,278 shares during the period. Institutional investors and hedge funds own 82.46% of the company’s stock.

EverBank Financial Corp. Company Profile

EverBank Financial Corp is a unitary savings and loan holding company. The Company is a financial services company that provides a range of financial products and services to individuals, as well as small and mid-size business clients nationwide. It operates through three segments: Consumer Banking, Commercial Banking and Corporate Services.

5 Day Chart for NYSE:EVER

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