NASDAQ:ACBI - Atlantic Capital Bancshares Stock Price, Forecast & News

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

Atlantic Capital Bancshares Inc (NASDAQ:ACBI) announced its earnings results on Thursday, January, 30th. The bank reported $0.32 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.02. The bank had revenue of $23.41 million for the quarter, compared to analyst estimates of $22.43 million. Atlantic Capital Bancshares had a return on equity of 8.57% and a net margin of 42.64%. View Atlantic Capital Bancshares' Earnings History.

Atlantic Capital Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Atlantic Capital Bancshares.

4 brokerages have issued twelve-month price objectives for Atlantic Capital Bancshares' shares. Their forecasts range from $18.00 to $20.00. On average, they anticipate Atlantic Capital Bancshares' stock price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Atlantic Capital Bancshares.

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

Headlines about ACBI stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Atlantic Capital Bancshares earned a news impact score of -1.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Atlantic Capital Bancshares.

Atlantic Capital Bancshares saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 508,300 shares, a decline of 21.8% from the January 15th total of 649,800 shares. Based on an average daily trading volume, of 71,000 shares, the days-to-cover ratio is presently 7.2 days. Currently, 2.4% of the shares of the stock are short sold. View Atlantic Capital Bancshares' Current Options Chain.

Some companies that are related to Atlantic Capital Bancshares include Great Western Bancorp (GWB), Eagle Bancorp (EGBN), Veritex (VBTX), First Busey (BUSE), Seacoast Banking Co. of Florida (SBCF), S & T Bancorp (STBA), Southside Bancshares (SBSI), 1st Source (SRCE), Enterprise Financial Services (EFSC), Lakeland Financial (LKFN), TriCo Bancshares (TCBK), FB Financial (FBK), First Bancorp (FBNC), Triumph Bancorp (TBK) and OFG Bancorp (OFG).

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), China Unicom (Hong Kong) (CHU), Builders FirstSource (BLDR), Cypress Semiconductor (CY), Apollo Global Management (APO), Ciena (CIEN) and Cabot Oil & Gas (COG).

Atlantic Capital Bancshares' stock is owned by many different of retail and institutional investors. Top institutional investors include Advisory Research Inc. (4.01%), Elizabeth Park Capital Advisors Ltd. (3.26%), Russell Investments Group Ltd. (2.66%), State Street Corp (2.51%), Renaissance Technologies LLC (2.36%) and Goldman Sachs Group Inc. (1.95%). Company insiders that own Atlantic Capital Bancshares stock include Gary G Fleming Jr, 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.

ACBI stock was sold by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd., Bank of America Corp DE, State Street Corp, Geode Capital Management LLC, Spark Investment Management LLC, UBS Asset Management Americas Inc., Monarch Partners Asset Management LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Atlantic Capital Bancshares.

ACBI stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, Renaissance Technologies LLC, Russell Investments Group Ltd., Janney Montgomery Scott LLC, UBS Group AG, Oxford Asset Management LLP and Trexquant Investment LP. View Insider Buying and Selling for 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.

One share of ACBI stock can currently be purchased for approximately $19.15.

Atlantic Capital Bancshares has a market capitalization of $419.19 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.View Additional Information About Atlantic Capital Bancshares.

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

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.