Equities research analysts forecast that SVB Financial Group (NASDAQ:SIVB) will post earnings per share (EPS) of $4.98 for the current quarter, Zacks Investment Research reports. Eight analysts have provided estimates for SVB Financial Group’s earnings, with estimates ranging from $4.78 to $5.50. SVB Financial Group posted earnings per share of $4.42 in the same quarter last year, which would suggest a positive year over year growth rate of 12.7%. The company is expected to report its next earnings results on Thursday, July 25th.

According to Zacks, analysts expect that SVB Financial Group will report full year earnings of $20.63 per share for the current fiscal year, with EPS estimates ranging from $19.77 to $22.53. For the next year, analysts anticipate that the business will post earnings of $22.10 per share, with EPS estimates ranging from $20.74 to $23.98. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that follow SVB Financial Group.

SVB Financial Group (NASDAQ:SIVB) last issued its earnings results on Thursday, April 25th. The bank reported $5.44 EPS for the quarter, beating the consensus estimate of $4.73 by $0.71. SVB Financial Group had a net margin of 36.09% and a return on equity of 20.83%. The company had revenue of $793.26 million during the quarter, compared to analysts’ expectations of $744.49 million. During the same quarter in the previous year, the company posted $3.63 EPS.

SIVB has been the subject of a number of recent research reports. BidaskClub upgraded shares of SVB Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 4th. ValuEngine cut shares of SVB Financial Group from a “hold” rating to a “sell” rating in a report on Monday, April 29th. Maxim Group lowered their price target on shares of SVB Financial Group to $325.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Bank of America set a $280.00 target price on shares of SVB Financial Group and gave the stock a “buy” rating in a report on Tuesday, March 5th. Finally, FIG Partners lowered shares of SVB Financial Group from an “outperform” rating to a “market perform” rating in a research report on Friday, April 26th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $309.49.

In other news, Director John S. Clendening acquired 900 shares of SVB Financial Group stock in a transaction on Friday, May 24th. The stock was acquired at an average cost of $221.12 per share, for a total transaction of $199,008.00. Following the purchase, the director now owns 1,729 shares in the company, valued at $382,316.48. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Marc C. Cadieux sold 2,304 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $240.77, for a total transaction of $554,734.08. Following the sale, the insider now directly owns 17,941 shares in the company, valued at approximately $4,319,654.57. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,183 shares of company stock valued at $2,213,623. Corporate insiders own 0.73% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of SVB Financial Group during the fourth quarter valued at approximately $89,402,000. Morgan Stanley increased its position in SVB Financial Group by 162.9% during the first quarter. Morgan Stanley now owns 647,621 shares of the bank’s stock valued at $144,006,000 after acquiring an additional 401,279 shares during the last quarter. Amundi Pioneer Asset Management Inc. boosted its stake in shares of SVB Financial Group by 357.8% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 419,131 shares of the bank’s stock valued at $93,199,000 after purchasing an additional 327,587 shares during the period. OppenheimerFunds Inc. boosted its stake in shares of SVB Financial Group by 182.4% during the first quarter. OppenheimerFunds Inc. now owns 453,143 shares of the bank’s stock valued at $100,760,000 after purchasing an additional 292,696 shares during the period. Finally, TimesSquare Capital Management LLC boosted its stake in shares of SVB Financial Group by 71.5% during the first quarter. TimesSquare Capital Management LLC now owns 638,100 shares of the bank’s stock valued at $141,888,000 after purchasing an additional 266,100 shares during the period. 91.05% of the stock is currently owned by institutional investors.

Shares of SIVB traded down $1.73 during trading hours on Wednesday, reaching $213.79. The stock had a trading volume of 343,944 shares, compared to its average volume of 496,992. The stock has a market cap of $11.21 billion, a P/E ratio of 11.74, a P/E/G ratio of 1.38 and a beta of 2.11. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.13. SVB Financial Group has a 52 week low of $177.70 and a 52 week high of $333.74.

SVB Financial Group Company Profile

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. The company operates through three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. The Global Commercial Bank segment offers deposit products, such as business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts, as well as merchant, remote capture, lockbox, electronic deposit capture, and fraud control services; credit products and services comprising term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credit, capital call lines of credit, and credit cards; and payment and cash management products and services, including wire transfer and automated clearing house payment, bill pay, debit and credit cards, account analysis, and disbursement, as well as online and mobile banking services.

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Earnings History and Estimates for SVB Financial Group (NASDAQ:SIVB)

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