SVB Financial Group (NASDAQ:SIVB) Earns Media Sentiment Rating of 0.48

Press coverage about SVB Financial Group (NASDAQ:SIVB) has been trending positive on Thursday, according to Accern. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SVB Financial Group earned a news impact score of 0.48 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.6742136255595 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s rankings:

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Shares of SVB Financial Group stock opened at $265.04 on Thursday. SVB Financial Group has a fifty-two week low of $159.44 and a fifty-two week high of $271.79. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $13,994.10, a price-to-earnings ratio of 28.78, a PEG ratio of 1.74 and a beta of 1.43.

SVB Financial Group (NASDAQ:SIVB) last posted its quarterly earnings data on Thursday, January 25th. The bank reported $2.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.60 by ($0.41). SVB Financial Group had a return on equity of 12.83% and a net margin of 24.25%. The business had revenue of $545.97 million for the quarter, compared to analyst estimates of $523.45 million. During the same quarter last year, the business earned $1.89 EPS. research analysts expect that SVB Financial Group will post 13.86 EPS for the current fiscal year.

SIVB has been the subject of several recent research reports. Wells Fargo reissued an “outperform” rating and set a $280.00 price target (up previously from $240.00) on shares of SVB Financial Group in a research report on Tuesday, January 9th. Zacks Investment Research raised SVB Financial Group from a “hold” rating to a “buy” rating and set a $271.00 price target for the company in a research report on Wednesday, December 27th. SunTrust Banks reissued a “buy” rating and set a $280.00 price target on shares of SVB Financial Group in a research report on Wednesday, January 3rd. BidaskClub raised SVB Financial Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, March 6th. Finally, ValuEngine downgraded SVB Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Six equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $248.62.

In related news, insider Michelle Draper sold 2,510 shares of SVB Financial Group stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $248.95, for a total value of $624,864.50. Following the transaction, the insider now owns 7,879 shares in the company, valued at $1,961,477.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Gregory W. Becker sold 4,500 shares of SVB Financial Group stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $243.49, for a total value of $1,095,705.00. The disclosure for this sale can be found here. Insiders sold 8,185 shares of company stock worth $2,017,574 in the last quarter. 0.74% of the stock is owned by insiders.

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SVB Financial Group Company Profile

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company’s segments include Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment consists of the operations of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

Insider Buying and Selling by Quarter for SVB Financial Group (NASDAQ:SIVB)

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