Market Overview

Keefe, Bruyette & Woods Raises Earnings Estimates For These 8 Financial Stocks

Share:

In a recent report, Keefe, Bruyette & Woods took a deep look at the financial sector. The report included upward adjustments to earnings per share estimates for the following eight companies:

  1. Anchor Bancorp (NASDAQ: ANCB): 2015 EPS estimate was raised from $0.29 to $0.48 on the strength of a recent quarterly earnings beat. The stock’s price target was raised from $19.00 to $21.00.
  2. D.R. Horton, Inc. (NYSE: DHI): 2015 EPS estimate was lifted from $1.80 to $1.85 on the operational strength seen in the company’s recent earnings report.
  3. Heartland Financial USA Inc (NASDAQ: HTLF): 2015 EPS estimate was boosted from $2.08 to $2.40 and 2016 earnings projections were hiked from $2.37 to $2.60 after the recent quarterly report showed strong numbers and fundamental trends. The stock’s price target was raised from $28.50 to $32.00.
  4. Lincoln National Corporation (NYSE: LNC): 2015 EPS estimate was adjusted higher from $5.82 to $5.83 after the company recently provided an updated intermediate-term outlook.
  5. Northwest Bancshares, Inc. (NASDAQ: NWBI): 2015 EPS estimate was raised from $0.65 to $0.68 and 2016 earnings projections were hiked from $0.65 to $0.72 to reflect the LMB Bancorp Inc (NASDAQ: LNBB) acquisition.
  6. PartnerRe Ltd (NYSE: PRE): 2015 EPS estimate was lifted from $13.55 to $14.91 to reflect the company’s recently-released guidance.
  7. SVB Financial Group (NASDAQ: SIVB): 2015 EPS estimate was boosted from $5.45 to $5.80 on the strength of the company's balance sheet and growth guidance.
  8. Sun Bancorp, Inc. /NJ (NASDAQ: SNBC): 2016 EPS estimate was adjusted upward from $0.57 to $0.61 to account for higher loan growth revisions.

Latest Ratings for ANCB

DateFirmActionFromTo
Jul 2016Keefe Bruyette & WoodsMaintainsMarket Perform
Jul 2015Keefe Bruyette & WoodsMaintainsMarket Perform
Jan 2015Keefe Bruyette & WoodsMaintainsMarket Perform

View More Analyst Ratings for ANCB
View the Latest Analyst Ratings

 

Related Articles (DHI + ANCB)

View Comments and Join the Discussion!

Posted-In: Keefe Bruyette & WoodsAnalyst Color Long Ideas Price Target Analyst Ratings Trading Ideas

Latest Ratings

StockFirmActionPT
FVRRNeedhamMaintains155.0
GDOTCanaccord GenuityMaintains56.0
SPRCanaccord GenuityMaintains20.0
KTOSCanaccord GenuityMaintains22.0
IPGPCanaccord GenuityMaintains174.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com