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 2016MaintainsMarket Perform
Jul 2015MaintainsMarket Perform
Jan 2015MaintainsMarket Perform

View More Analyst Ratings for ANCB
View the Latest Analyst Ratings

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

 

Related Articles (DHI + ANCB)

View Comments and Join the Discussion!

Brean Capital Raises Price Target On Electronic Arts Following F3Q15 Review

UPDATE: Textron Issues Downbeat FY15 Forecast