Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) will issue its quarterly earnings data on Friday, October 21st. Analysts expect the company to announce earnings of $0.12 per share for the quarter.
Eastern Virginia Bankshares (NASDAQ:EVBS) last issued its quarterly earnings data on Monday, July 25th. The financial services provider reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by $0.01. Eastern Virginia Bankshares had a return on equity of 7.04% and a net margin of 14.81%. On average, analysts expect Eastern Virginia Bankshares to post $0.46 EPS for the current fiscal year and $0.48 EPS for the next fiscal year.
Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) opened at 8.06 on Wednesday. The firm has a 50-day moving average of $7.90 and a 200 day moving average of $7.43. The company has a market capitalization of $104.17 million, a price-to-earnings ratio of 17.71 and a beta of 0.03. Eastern Virginia Bankshares Inc. has a one year low of $6.25 and a one year high of $8.69.
An institutional investor recently raised its position in Eastern Virginia Bankshares stock. Dimensional Fund Advisors LP raised its stake in Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) by 0.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 76,581 shares of the financial services provider’s stock after buying an additional 706 shares during the period. Dimensional Fund Advisors LP owned about 0.58% of Eastern Virginia Bankshares worth $578,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 41.64% of the company’s stock.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Eastern Virginia Bankshares from a “hold” rating to a “sell” rating in a research report on Thursday, July 28th. Sandler O’Neill assumed coverage on shares of Eastern Virginia Bankshares in a research report on Tuesday, August 9th. They set a “hold” rating and a $8.00 price objective on the stock.
Eastern Virginia Bankshares Company Profile
Eastern Virginia Bankshares, Inc is a bank holding company. The Company operates through its bank subsidiary, EVB (the Bank). EVB is a community bank focusing on small to medium-sized businesses and consumers in its coastal plain markets and the emerging suburbs outside of the Richmond, Tidewater, and southern Virginia areas.
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