Amerant Bancorp's (AMTB) "Sell (D)" Rating Reaffirmed at Weiss Ratings

Key Points

• Amerant Bancorp's stock has been reaffirmed with a "sell (d)" rating by Weiss Ratings, indicating continued negative sentiment from analysts.
• Despite the sell rating, Wall Street Zen upgraded Amerant Bancorp from a "hold" to a "buy" rating, suggesting differing outlooks among analysts.
• The stock is currently trading at $18.95, with a market cap of approximately $791.16 million and a twelve month range between $16.21 and $26.24.

Amerant Bancorp (NYSE:AMTB - Get Free Report)'s stock had its "sell (d)" rating reissued by research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Amerant Bancorp from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of "Sell".

Amerant Bancorp Trading Up 0.5%

Shares of Amerant Bancorp stock traded up $0.09 during mid-day trading on Wednesday, hitting $18.95. 182,265 shares of the stock were exchanged, compared to its average volume of 195,748. The company has a market cap of $791.16 million, a PE ratio of -94.75 and a beta of 1.30. Amerant Bancorp has a twelve month low of $16.21 and a twelve month high of $26.24. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.93. The stock has a 50-day moving average of $20.21.

About Amerant Bancorp

Amerant Bancorp Inc operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. The company offers checking, savings, and money market accounts; and certificates of deposits. It also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements.

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