Taking a Fresh Look at EverBank Financial Corp (EVER)

EverBank Financial Corp (NYSE:EVER) is an interesting player in the Financial space, with a focus on Regional – Southeast Banks. The stock has been active on the tape, currently trading at $19.39, up from yesterday’s close by -0.26%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. EverBank Financial Corp (EVER) currently trades with a market capitalization of $2.43B. That value represents a market adjusting for revenues that have been growing by 20.20% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For EVER, the company currently has $480.65M of cash on the books, which is offset by $6.86B current liabilities. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of 0.34 on a per share basis this quarter. Perhaps, that suggests something about why 81.00% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, EverBank Financial Corp recorded a 52-week high of 19.49. It is now trading 0.049999999999997 off that level. The stock is trading 19.39 its 50-day moving average by -0.050000000000001. The stock carved out a 52-week low down at 12.32.

In recent action, EverBank Financial Corp (EVER) has made a move of unch over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 24.34, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 111.49M with 1.44% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of EVER.

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