What's Happening with SI
Silvergate Capital Corp (SI) is scheduled to report Quarter 4 numbers before market open on January 17. Analysts forecast the company will earn $0.72 per share for the quarter. During the same period last year, the company earned $0.66 per share. The stock is up 4.92% on the year.
Technical Analysis
SI was recently trading at $13.20, down $149.45 from its 12-month high and $2.39 above its 12-month low. InvestorsObserver gives SI a 0 long-term technical score and a 26 short-term technical score. The stock has recent support above $9 and recent resistance below $20. Of the 9 analysts who cover the stock 2 rate it Strong Buy, 0 rate it Buy, 5 rate it Hold, 1 rate it Sell, and 1 rate it Strong Sell, SI gets an overall score of 21 from InvestorsObserver.
Analysts' Thoughts
SI has shown an annual earnings growth of 97.70% over the last five years, and, looking ahead, analysts expect the company's profits to rise 33.80% per annum over the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects earnings of $0.72 per share. SI is currently trading at $13.2 with an average price target of $17.00.