After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Amerant Bancorp Inc. (AMTB) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.94, or 5.06%, to $19.52. The Amerant Bancorp Inc. has recorded 2,958 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Amerant Bancorp Announces Transfer of Listing of Common Stock to the New York Stock Exchange.
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Stocks Info
As a NYSE listed company, AMTB falls under the Financial sector while operating within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $19.52 and fluctuated between $19.67 as its day high and $18.98 as its day low. The current market capitalization of Amerant Bancorp Inc. is $632.45M. A total of 53320.0 shares were traded on the day, compared to an average of 68.86K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AMTB has seen 10 BUY and 4 SELL insider trades, representing the acquisition of 17,250 and the disposition of 1,009 shares. Over the last 12 months, there were 34 BUYs and 17 SELLs from insiders. Insiders purchased 75,374 shares during that period but sold 206,107.
In the most recent transaction, Calderon Sharymar sold 159 shares of AMTB for 20.10 per share on Jul 27. After the transaction, the EVP – Chief Financial Officer now owns 4,068 company shares. In a previous transaction on May 02, Martin Silvio Marshall bought 1,000 shares at 16.69 per share. AMTB shares that owns now total 4,955.
Among the insiders who bought shares, Esterripa Juan acquired of 1,000 shares on Apr 26 at a per-share price of $18.26. This resulted in the insider holding 1,000 shares of AMTB after the transaction. In another insider transaction, Plush Gerald P bought 2,500 shares at $18.17 per share on Apr 25. Company shares held by the Chairman, President & CEO now total 54,865.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Amerant Bancorp Inc. pays an annual dividend of $0.36, resulting in a dividend yield of 1.84%, and it has a price to earnings (P/E) ratio of 9.82.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AMTB in the last 3 months, the mean price target is $23.50 with high estimates of $24.00 and low estimates of $23.00. In terms of 52-week highs and lows, AMTB has a high of $31.09 and a low of $15.79.
As of this writing, AMTB has an earnings estimate of $0.58 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.65 per share and a lower estimate of $0.52. The company reported an EPS of $0.6 in the last quarter, which was -13.00% lower than expectations of $0.69.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $21.56, while its Total Shareholder’s Equity was $831.87M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMTB is Buy with a score of 3.83.
