News stories about Green Bancorp (NASDAQ:GNBC) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Green Bancorp earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.797701432277 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several research firms have issued reports on GNBC. ValuEngine upgraded Green Bancorp from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Piper Jaffray restated a “buy” rating and set a $27.00 price objective on shares of Green Bancorp in a report on Monday, January 29th. SunTrust Banks restated a “hold” rating and set a $24.00 price objective on shares of Green Bancorp in a report on Tuesday, January 9th. BidaskClub upgraded Green Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Zacks Investment Research lowered Green Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, March 12th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Green Bancorp presently has a consensus rating of “Hold” and a consensus target price of $24.75.
Shares of GNBC opened at $23.65 on Friday. The company has a market capitalization of $884.82, a PE ratio of 19.55 and a beta of 2.12. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.80. Green Bancorp has a 52 week low of $16.35 and a 52 week high of $24.40.
Green Bancorp (NASDAQ:GNBC) last issued its earnings results on Thursday, January 25th. The financial services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The company had revenue of $40.75 million during the quarter, compared to analyst estimates of $43.40 million. Green Bancorp had a return on equity of 9.84% and a net margin of 17.90%. equities analysts expect that Green Bancorp will post 1.73 earnings per share for the current year.
In related news, Director Associates L.L.C Istm sold 1,000,000 shares of the business’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 completion of the transaction, the director now owns 45,860 shares in the company, valued at approximately $1,066,245. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Ffl Executive Partners Iii Lp sold 1,011,448 shares of the business’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 value of $23,293,647.44. Following the transaction, the insider now owns 45,860 shares of the company’s stock, valued at approximately $1,056,155.80. The disclosure for this sale can be found here. 16.23% of the stock is currently owned by company insiders.
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Green Bancorp Company Profile
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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