Amerant Bancorp (NASDAQ:AMTB - Get Free Report) is projected to post its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect Amerant Bancorp to post earnings of $0.40 per share and revenue of $101.91 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Amerant Bancorp Trading Up 0.6 %
Shares of AMTB stock traded up $0.12 on Friday, hitting $18.60. 149,183 shares of the company's stock traded hands, compared to its average volume of 181,004. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.94 and a current ratio of 1.01. The company's fifty day simple moving average is $20.97 and its 200 day simple moving average is $22.06. The stock has a market capitalization of $779.71 million, a price-to-earnings ratio of -32.63 and a beta of 1.05. Amerant Bancorp has a one year low of $16.55 and a one year high of $27.00.
Amerant Bancorp Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, February 14th. This represents a $0.36 dividend on an annualized basis and a yield of 1.94%. Amerant Bancorp's dividend payout ratio is currently -63.16%.
Analysts Set New Price Targets
A number of research analysts have commented on AMTB shares. Stephens reaffirmed an "overweight" rating and set a $29.00 price target on shares of Amerant Bancorp in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods lifted their price target on shares of Amerant Bancorp from $25.00 to $27.00 and gave the company a "market perform" rating in a research report on Monday, January 27th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.
Read Our Latest Stock Report on Amerant Bancorp
About Amerant Bancorp
(
Get Free Report)
Amerant Bancorp Inc operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. It offers checking, savings, business, and money market accounts; cash management services; and certificates of deposits.
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