EverBank Financial Corp. (NYSE:EVER) insider John S. Surface sold 421,222 shares of the stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $19.31, for a total value of $8,133,796.82. Following the completion of the sale, the insider now owns 308,736 shares in the company, valued at $5,961,692.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

EverBank Financial Corp. (NYSE:EVER) opened at 19.31 on Thursday. The firm’s 50 day moving average price is $19.33 and its 200 day moving average price is $17.36. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 20.11 and a beta of 0.69. EverBank Financial Corp. has a one year low of $12.32 and a one year high of $19.47.

EverBank Financial Corp. (NYSE:EVER) last announced its quarterly earnings results on Friday, October 28th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. EverBank Financial Corp. had a net margin of 11.72% and a return on equity of 10.61%. The firm earned $233 million during the quarter, compared to analysts’ expectations of $239.85 million. During the same period in the prior year, the company earned $0.23 EPS. Equities analysts forecast that EverBank Financial Corp. will post $1.12 earnings per share for the current year.

Insider Buying and Selling by Quarter for EverBank Financial Corp. (NYSE:EVER)

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 22nd. Investors of record on Thursday, November 10th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $0.24 dividend on an annualized basis and a yield of 1.24%. EverBank Financial Corp.’s dividend payout ratio (DPR) is 25.00%.

Hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. boosted its stake in shares of EverBank Financial Corp. by 77.3% in the second quarter. Victory Capital Management Inc. now owns 6,829 shares of the company’s stock worth $101,000 after buying an additional 2,977 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of EverBank Financial Corp. by 112.3% in the third quarter. Tower Research Capital LLC TRC now owns 5,377 shares of the company’s stock worth $104,000 after buying an additional 2,844 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of EverBank Financial Corp. during the second quarter worth $117,000. BNP Paribas Arbitrage SA boosted its stake in shares of EverBank Financial Corp. by 328.4% in the second quarter. BNP Paribas Arbitrage SA now owns 8,516 shares of the company’s stock worth $127,000 after buying an additional 6,528 shares during the period. Finally, LaSalle Street Capital Management LLC acquired a new stake in shares of EverBank Financial Corp. during the second quarter worth $153,000. 78.77% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have weighed in on EVER. Maxim Group cut EverBank Financial Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 9th. Compass Point cut EverBank Financial Corp. from a “buy” rating to a “neutral” rating and set a $19.50 price target on the stock. in a research note on Wednesday, July 27th. Raymond James Financial Inc. cut EverBank Financial Corp. from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 27th. Zacks Investment Research cut EverBank Financial Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, September 13th. Finally, Sandler O’Neill cut EverBank Financial Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 26th. Eight investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $17.57.

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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