SunTrust Banks reiterated their hold rating on shares of Green Bancorp (NASDAQ:GNBC) in a research note published on Tuesday morning. They currently have a $24.00 price objective on the financial services provider’s stock. SunTrust Banks also issued estimates for Green Bancorp’s Q1 2018 earnings at $0.41 EPS, Q2 2018 earnings at $0.43 EPS, Q3 2018 earnings at $0.45 EPS, Q4 2018 earnings at $0.44 EPS, FY2018 earnings at $1.74 EPS and FY2019 earnings at $1.87 EPS.
Several other brokerages also recently commented on GNBC. Zacks Investment Research downgraded Green Bancorp from a hold rating to a sell rating in a report on Wednesday, October 11th. Piper Jaffray Companies reiterated a buy rating and set a $26.00 target price on shares of Green Bancorp in a report on Friday, October 27th. Keefe, Bruyette & Woods reiterated a hold rating and set a $23.00 target price on shares of Green Bancorp in a report on Wednesday, October 4th. BidaskClub downgraded Green Bancorp from a hold rating to a sell rating in a report on Wednesday, December 27th. Finally, ValuEngine downgraded Green Bancorp from a buy rating to a hold rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. Green Bancorp presently has an average rating of Hold and a consensus price target of $24.50.
Green Bancorp (NASDAQ GNBC) traded up $0.15 during midday trading on Tuesday, hitting $21.45. The stock had a trading volume of 126,300 shares, compared to its average volume of 164,483. The firm has a market cap of $831.36, a price-to-earnings ratio of 23.57 and a beta of 2.11. Green Bancorp has a fifty-two week low of $13.15 and a fifty-two week high of $24.40. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.57.
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Green Bancorp Company Profile
Green Bancorp, Inc is a bank holding company. As of December 31, 2016, the Company’s subsidiary, Green Bank, N.A., a nationally chartered commercial bank, provided commercial and private banking services primarily to Texas based customers through 22 full service branches in the Houston and Dallas metropolitan statistical areas (MSAs) and other markets.
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