A prepared statement on the company’s website posted Tuesday left no doubt that the company is seeking a buyout deal worth $2.5 billion.
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” More 2Q financial results from Everbank, here”. FAIRBANK RICHARD D is one of the largest insider shareholders in Capital One Financial Corp. FJ Capital Management LLC now owns 300,000 shares of the company’s stock valued at $6,836,000 after buying an additional 210,000 shares in the last quarter. Rhumbline Advisers raised its position in shares of Oritani Financial Corp.by 0.4% in the fourth quarter. Bank of Montreal Can increased its position in Cardinal Financial Corp.by 13.5% in the fourth quarter. Oritani Financial Corp. has a 52 week low of $14.70 and a 52 week high of $17.63. (NASDAQ:CFNL) traded up 1.66% during mid-day trading on Friday, hitting $23.88. Beta factor of the stock stands at 0.31. Its Consumer Banking segment includes consumer deposit services and activities residential lending and servicing wealth management and capital markets.
Oritani Financial Corp. (NASDAQ:ORIT) last announced its quarterly earnings data on Monday, April 25th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. (NYSE:COF), s most recent quarter, EPS moved to $1.69 from $1.84 in prior quarter and revenues reached at $6,254.00M versus $6,220.00M. Looking forward, analysts on average predict that earnings for the current quarter would come in between $1.77 and $2.30. The debt-to-equity ratio (D/E) was recorded at 0.17. This represents a $0.48 annualized dividend and a yield of 2.01%.
Several research analysts have recently commented on CFNL shares. 0 analysts assign “Sell” rating for the stock. EverBank Financial Corp was Downgraded by Wells Fargo to ” Market Perform” on Jul 11, 2016. According to a research note published on May 9, 2016, analysts at Guggenheim have upped their rating on the company stock from Sell to Neutral.
In related news, CFO Mark A. Wendel sold 15,000 shares of the company’s stock in a transaction on Wednesday, June 29th. In contrast, the average volume was 10600700 shares.
Insiders own 1% percent of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
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EverBank Financial Corp is a unitary savings and loan holding company. The Bank’s principal business consists of attracting retail and commercial bank deposits from the public in the areas surrounding its corporate office in the Township of Washington, New Jersey. The Company and its subsidiaries offer a range of financial products and services to consumers, small businesses and commercial clients through branches, the Internet and other distribution channels.
