Headlines about Green Bancorp (NASDAQ:GNBC) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Green Bancorp earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.0063148720651 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
GNBC has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Green Bancorp from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Wednesday, January 10th. BidaskClub lowered shares of Green Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. SunTrust Banks restated a “hold” rating and issued a $24.00 price target on shares of Green Bancorp in a research report on Tuesday, January 9th. ValuEngine upgraded shares of Green Bancorp from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. Finally, Piper Jaffray restated a “buy” rating and issued a $27.00 price target on shares of Green Bancorp in a research report on Monday, January 29th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $24.75.
NASDAQ:GNBC opened at $22.90 on Tuesday. The stock has a market capitalization of $857.23, a price-to-earnings ratio of 18.93 and a beta of 2.11. Green Bancorp has a 12 month low of $15.90 and a 12 month high of $24.40. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.80.
Green Bancorp (NASDAQ:GNBC) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.01. The firm had revenue of $40.75 million for the quarter, compared to analyst estimates of $43.40 million. Green Bancorp had a net margin of 17.90% and a return on equity of 9.84%. research analysts predict that Green Bancorp will post 1.73 earnings per share for the current fiscal year.
In other news, major shareholder Ffl Executive Partners Iii Lp sold 1,011,448 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $23.03, for a total transaction of $23,293,647.44. Following the transaction, the insider now directly owns 45,860 shares in the company, valued at $1,056,155.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Associates L.L.C Istm sold 1,000,000 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $23.25, for a total transaction of $23,250,000.00. Following the transaction, the director now owns 45,860 shares in the company, valued at $1,066,245. The disclosure for this sale can be found here. 16.23% of the stock is owned by insiders.
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About Green Bancorp
Green Bancorp, Inc operates as the bank holding company for Green Bank, N.A. that provides commercial and private banking services primarily in Texas. It offers deposit accounts, such as demand, savings, money market, and time accounts. The company also provides loans, including commercial and industrial loans, including commercial lines of credit, working capital loans, commercial real estate-backed loans, mortgage-warehouse lines, term loans, equipment financing, borrowing base loans, real estate construction loans, homebuilder loans, government guaranteed loans, purchased receivables financing, letters of credit, and other loan products, as well as acquisition, expansion, and development loans to national and regional companies, real estate developers, mortgage lenders, manufacturing and industrial companies, and other businesses.
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