NASDAQ:ACBIAtlantic Capital Bancshares Stock Price, Forecast & News

$11.22

+0.57 (+5.35 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$11.01

Now: $11.22▼

$11.43

50-Day Range

$9.80

MA: $11.28▼

$13.46

52-Week Range

$8.89

Now: $11.22▼

$20.21

Volume160,081 shs

Average Volume82,875 shs

Market Capitalization$240.78 million

P/E Ratio5.64

Dividend YieldN/A

Beta1.16

Atlantic Capital Bancshares, Inc. operates as the bank holding company for Atlantic Capital Bank, N.A. that provides banking products and services in the Metropolitan Atlanta and rest of the United States. The company offers non-interest and interest bearing demand, savings and money market, time, and brokered deposits; and NOW accounts. It also provides working capital and equipment loans, loans supported by owner-occupied real estate, revolving lines of credit, term loans, and letters of credit; secured installment and term loans, and home equity lines of credit; and commercial real estate loans, including secured construction loans, secured mini-permanent loans, and secured or unsecured lines of credit. In addition, the company offers cash and treasury management, capital market, payment processing, specialty commercial lending, small business administration and franchise lending, payroll, electronic payment, and online and mobile banking services. It serves small and mid-sized businesses, franchisees, commercial enterprises, not for profit institutions, institutional caliber commercial real estate developers and investors, public real estate investment trusts and other commercial real estate clients, and individuals and professional services businesses. The company primarily operates a loan production office Athens, Georgia; and 16 additional locations located in Fulton, Whitfield, and Oconee County, Georgia, as well as Hamilton, Union, Jefferson, Knox, and Loudon County, Tennessee. The company was founded in 2006 and is headquartered in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Atlantic Capital Bancshares has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.00, Atlantic Capital Bancshares has a potential upside of 42.6% from its current price of $11.22.
Amount of Analyst Coverage
Atlantic Capital Bancshares has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Atlantic Capital Bancshares has received 231 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Atlantic Capital Bancshares has received 292 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Atlantic Capital Bancshares has received 55.83% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Atlantic Capital Bancshares and other stocks. Vote “Outperform” if you believe ACBI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ACBI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Atlantic Capital Bancshares does not currently pay a dividend.
Dividend Growth
Atlantic Capital Bancshares does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Atlantic Capital Bancshares insiders have sold 82.32% more of their company's stock than they have bought. Specifically, they have bought $14,900.00 in company stock and sold $27,165.00 in company stock.
Percentage Held by Insiders
Only 3.60% of the stock of Atlantic Capital Bancshares is held by insiders.
Percentage Held by Institutions
84.52% of the stock of Atlantic Capital Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Atlantic Capital Bancshares are expected to grow by 29.58% in the coming year, from $0.71 to $0.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Atlantic Capital Bancshares is 5.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Atlantic Capital Bancshares is 5.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.98.
Price to Earnings Growth Ratio
Atlantic Capital Bancshares has a PEG Ratio of 1.28. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Atlantic Capital Bancshares has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.93 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:ACBI

Previous Symbol

CUSIPN/A

CIK1461755

Webwww.atlanticcapitalbank.com

Phone404-995-6050

Debt

Debt-to-Equity Ratio0.15

Current Ratio0.89

Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio5.64

Forward P/E Ratio15.80

P/E Growth1.28

Sales & Book Value

Annual Sales$117.03 million

Price / Sales2.06

Cash Flow$1.68 per share

Price / Cash Flow6.69

Book Value$14.92 per share

Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)$1.20

Net Income$49.85 million

Net Margins39.81%

Return on Equity7.20%

Return on Assets0.91%

Miscellaneous

Employees334

Outstanding Shares21,460,000

Market Cap$240.78 million

Next Earnings Date7/23/2020 (Estimated)

OptionableNot Optionable

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Atlantic Capital Bancshares (NASDAQ:ACBI) Frequently Asked Questions

How has Atlantic Capital Bancshares' stock been impacted by COVID-19 (Coronavirus)?

Atlantic Capital Bancshares' stock was trading at $14.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ACBI stock has decreased by 23.1% and is now trading at $11.22. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Atlantic Capital Bancshares?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlantic Capital Bancshares in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Atlantic Capital Bancshares.

When is Atlantic Capital Bancshares' next earnings date?

Atlantic Capital Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Atlantic Capital Bancshares.

How were Atlantic Capital Bancshares' earnings last quarter?

Atlantic Capital Bancshares Inc (NASDAQ:ACBI) released its earnings results on Thursday, April, 23rd. The bank reported $0.10 EPS for the quarter, missing the consensus estimate of $0.25 by $0.15. The bank had revenue of $23.63 million for the quarter, compared to analyst estimates of $22.74 million. Atlantic Capital Bancshares had a net margin of 39.81% and a return on equity of 7.20%. View Atlantic Capital Bancshares' earnings history.

What price target have analysts set for ACBI?

3 brokers have issued 1-year price targets for Atlantic Capital Bancshares' shares. Their forecasts range from $14.00 to $18.00. On average, they expect Atlantic Capital Bancshares' stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price. View analysts' price targets for Atlantic Capital Bancshares.

Has Atlantic Capital Bancshares been receiving favorable news coverage?

News coverage about ACBI stock has been trending extremely negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Atlantic Capital Bancshares earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutAtlantic Capital Bancshares.

Are investors shorting Atlantic Capital Bancshares?

Atlantic Capital Bancshares saw a increase in short interest in April. As of April 30th, there was short interest totaling 251,700 shares, an increase of 14.7% from the April 15th total of 219,400 shares. Based on an average daily volume of 89,400 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.2% of the shares of the stock are short sold. View Atlantic Capital Bancshares' Current Options Chain.

Who are some of Atlantic Capital Bancshares' key competitors?

Some companies that are related to Atlantic Capital Bancshares include First Busey (BUSE), Southside Bancshares (SBSI), S & T Bancorp (STBA), Oritani Financial (ORIT), Veritex (VBTX), Carolina Financial (CARO), 1st Source (SRCE), TriCo Bancshares (TCBK), German American Bancorp. (GABC), FB Financial (FBK), Great Western Bancorp (GWB), Stock Yards Bancorp (SYBT), Enterprise Financial Services (EFSC), First Bancorp (FBNC) and Republic Bancorp, Inc. KY (RBCAA). View all competitors.

What other stocks do shareholders of Atlantic Capital Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlantic Capital Bancshares investors own include Intelsat (I), Fossil Group (FOSL), AMC Entertainment (AMC), Bank of America (BAC), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU), Builders FirstSource (BLDR), Ciena (CIEN), Cabot Oil & Gas (COG) and Cypress Semiconductor (CY).

Who are Atlantic Capital Bancshares' key executives?

Atlantic Capital Bancshares' management team includes the following people:

Mr. Douglas L. Williams, Pres, CEO & Director (Age 61)
Mr. Patrick Timothy Oakes, Exec. VP, Sec., Treasurer & CFO (Age 50)
Mr. Richard A. Oglesby Jr., Exec. VP & Gen. Banking Division Exec. (Age 54)
Mr. Mark E. Robertson, Exec. VP of Operations & Information Technology
Ms. Annette F. Rollins, Exec. VP & Chief HR Officer (Age 60)

What is Atlantic Capital Bancshares' stock symbol?

Atlantic Capital Bancshares trades on the NASDAQ under the ticker symbol "ACBI."

Who are Atlantic Capital Bancshares' major shareholders?

Atlantic Capital Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Advisory Research Inc. (4.08%), Russell Investments Group Ltd. (2.99%), The Manufacturers Life Insurance Company (2.91%), Elizabeth Park Capital Advisors Ltd. (2.45%), State Street Corp (2.34%) and Teton Advisors Inc. (1.64%). Company insiders that own Atlantic Capital Bancshares stock include Gary G Fleming Jr, Henchy R Enden, James H Graves, Kurt A Shreiner, R Charles Shufeldt, Richard A Jr Oglesby and Robert R Bugbee II. View institutional ownership trends for Atlantic Capital Bancshares.

Which institutional investors are selling Atlantic Capital Bancshares stock?

ACBI stock was sold by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd., AQR Capital Management LLC, Morgan Stanley, State Street Corp, Squarepoint Ops LLC, Two Sigma Investments LP, Prospector Partners LLC, and Victory Capital Management Inc.. View insider buying and selling activity for Atlantic Capital Bancshares.

Which institutional investors are buying Atlantic Capital Bancshares stock?

ACBI stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Russell Investments Group Ltd., Ranger Investment Management L.P., Seizert Capital Partners LLC, Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., HighTower Advisors LLC, and Janney Montgomery Scott LLC. Company insiders that have bought Atlantic Capital Bancshares stock in the last two years include Henchy R Enden, and R Charles Shufeldt. View insider buying and selling activity for Atlantic Capital Bancshares.

How do I buy shares of Atlantic Capital Bancshares?

Shares of ACBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Atlantic Capital Bancshares' stock price today?

One share of ACBI stock can currently be purchased for approximately $11.22.

How big of a company is Atlantic Capital Bancshares?

Atlantic Capital Bancshares has a market capitalization of $240.78 million and generates $117.03 million in revenue each year. The bank earns $49.85 million in net income (profit) each year or $1.20 on an earnings per share basis. Atlantic Capital Bancshares employs 334 workers across the globe.

What is Atlantic Capital Bancshares' official website?

The official website for Atlantic Capital Bancshares is www.atlanticcapitalbank.com.

How can I contact Atlantic Capital Bancshares?

Atlantic Capital Bancshares' mailing address is 945 EAST PACES FERRY ROAD NE SUITE 1600, ATLANTA GA, 30326. The bank can be reached via phone at 404-995-6050.

This page was last updated on 5/26/2020 by MarketBeat.com Staff