EverBank Financial Corp. (NYSE:EVER) insider John S. Surface sold 505,240 shares of the firm’s stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of $19.32, for a total value of $9,761,236.80. Following the transaction, the insider now directly owns 284,844 shares in the company, valued at $5,503,186.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of EverBank Financial Corp. (NYSE:EVER) traded up 0.16% during mid-day trading on Friday, reaching $19.34. 251,515 shares of the company’s stock traded hands. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 20.15 and a beta of 0.69. The stock has a 50-day moving average price of $19.33 and a 200 day moving average price of $17.37. EverBank Financial Corp. has a 12-month low of $12.32 and a 12-month high of $19.47.

EverBank Financial Corp. (NYSE:EVER) last announced its earnings results on Friday, October 28th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.04. The firm had revenue of $233 million for the quarter, compared to analysts’ expectations of $239.85 million. EverBank Financial Corp. had a net margin of 11.72% and a return on equity of 10.61%. During the same period in the prior year, the company earned $0.23 EPS. Analysts anticipate that EverBank Financial Corp. will post $1.06 EPS for the current fiscal year.

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

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

EVER has been the topic of a number of recent research reports. Sandler O’Neill cut EverBank Financial Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 26th. Zacks Investment Research raised EverBank Financial Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, September 27th. Maxim Group cut EverBank Financial Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 9th. 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. Finally, Compass Point cut EverBank Financial Corp. from a “buy” rating to a “neutral” rating and set a $19.50 target price on the stock. in a research note on Wednesday, July 27th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. EverBank Financial Corp. presently has a consensus rating of “Hold” and a consensus price target of $17.57.

Several hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its position in shares of EverBank Financial Corp. by 9.3% in the third quarter. Price T Rowe Associates Inc. MD now owns 35,200 shares of the company’s stock valued at $681,000 after buying an additional 3,000 shares during the last quarter. Water Island Capital LLC purchased a new position in shares of EverBank Financial Corp. during the third quarter valued at approximately $18,973,000. Credit Suisse AG increased its position in shares of EverBank Financial Corp. by 1,115.8% in the third quarter. Credit Suisse AG now owns 919,919 shares of the company’s stock valued at $17,810,000 after buying an additional 844,253 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of EverBank Financial Corp. during the third quarter valued at approximately $1,347,000. Finally, Perella Weinberg Partners Capital Management LP purchased a new position in shares of EverBank Financial Corp. during the third quarter valued at approximately $2,065,000. Hedge funds and other institutional investors own 78.77% 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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