Atlantic Coast Financial Corporation Company Profile (NASDAQ:ACFC)

About Atlantic Coast Financial Corporation (NASDAQ:ACFC)

Atlantic Coast Financial Corporation logoAtlantic Coast Financial Corporation is a thrift holding company. The Company, through its subsidiary, Atlantic Coast Bank (the Bank), a federally chartered and insured stock savings bank supervised by the Office of the Comptroller of the Currency (the OCC), serves the Northeast Florida, Central Florida and Southeast Georgia markets. The Bank focuses on attracting deposits and investing those funds primarily in loans, including commercial real estate loans, consumer loans, first mortgages on owner-occupied, one- to four-family residences and home equity loans. Additionally, the Bank invests funds in multi-family residential loans, commercial business loans, and commercial and residential construction loans. The Bank originates commercial real estate loans and commercial and industrial loans with small to mid-size businesses for the purposes of purchasing real estate and inventory, financing equipment, and providing working capital.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $138.9 million
  • Outstanding Shares: 15,489,000
Average Prices:
  • 50 Day Moving Avg: $8.56
  • 200 Day Moving Avg: $8.02
  • 52 Week Range: $6.27 - $9.00
P/E:
  • Trailing P/E Ratio: 22.50
  • Foreward P/E Ratio: 17.31
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $35.06 million
  • Price / Sales: 3.98
  • Book Value: $5.83 per share
  • Price / Book: 1.54
Profitability:
  • Net Margins: 14.79%
  • Return on Equity: 6.43%
  • Return on Assets: 0.62%
Debt:
  • Debt-to-Equity Ratio: 1.47%
  • Current Ratio: 1.19%
  • Quick Ratio: 1.19%
Misc:
  • Average Volume: 34,191 shs.
  • Beta: 1.13
  • Short Ratio: 2.23
 

Frequently Asked Questions for Atlantic Coast Financial Corporation (NASDAQ:ACFC)

What is Atlantic Coast Financial Corporation's stock symbol?

Atlantic Coast Financial Corporation trades on the NASDAQ under the ticker symbol "ACFC."

How were Atlantic Coast Financial Corporation's earnings last quarter?

Atlantic Coast Financial Corporation (NASDAQ:ACFC) posted its quarterly earnings data on Tuesday, April, 25th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. The business had revenue of $8.93 million for the quarter, compared to the consensus estimate of $8.79 million. Atlantic Coast Financial Corporation had a return on equity of 6.43% and a net margin of 14.79%. View Atlantic Coast Financial Corporation's Earnings History.

When will Atlantic Coast Financial Corporation make its next earnings announcement?

Atlantic Coast Financial Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Atlantic Coast Financial Corporation.

Where is Atlantic Coast Financial Corporation's stock going? Where will Atlantic Coast Financial Corporation's stock price be in 2017?

1 brokers have issued 1 year price targets for Atlantic Coast Financial Corporation's shares. Their predictions range from $8.50 to $8.50. On average, they expect Atlantic Coast Financial Corporation's stock price to reach $8.50 in the next twelve months. View Analyst Ratings for Atlantic Coast Financial Corporation.

Who are some of Atlantic Coast Financial Corporation's key competitors?

Who are Atlantic Coast Financial Corporation's key executives?

Atlantic Coast Financial Corporation's management team includes the folowing people:

  • John J. Dolan, Independent Chairman of the Board
  • John K. Stephens Jr., President, Chief Executive Officer, Director
  • Jay S. Sidhu, Vice Chairman of the Board
  • Tracy L. Keegan, Chief Financial Officer, Executive Vice President
  • Phillip S. Buddenbohm, Executive Vice President and Chief Credit Officer of Atlantic Coast Bank
  • James D. Hogan, Director
  • Dave Bhasin, Independent Director
  • Bhanu Choudhrie, Independent Director
  • W. Eric Palmer, Independent Director

Who owns Atlantic Coast Financial Corporation stock?

Atlantic Coast Financial Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Thomson Horstmann & Bryant Inc. (2.49%). View Institutional Ownership Trends for Atlantic Coast Financial Corporation.

Who bought Atlantic Coast Financial Corporation stock? Who is buying Atlantic Coast Financial Corporation stock?

Atlantic Coast Financial Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc.. View Insider Buying and Selling for Atlantic Coast Financial Corporation.

How do I buy Atlantic Coast Financial Corporation stock?

Shares of Atlantic Coast Financial Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Atlantic Coast Financial Corporation's stock price today?

One share of Atlantic Coast Financial Corporation stock can currently be purchased for approximately $9.00.


MarketBeat Community Rating for Atlantic Coast Financial Corporation (NASDAQ ACFC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  63 (Vote Outperform)
Underperform Votes:  114 (Vote Underperform)
Total Votes:  177
MarketBeat's community ratings are surveys of what our community members think about Atlantic Coast Financial Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Atlantic Coast Financial Corporation (NASDAQ:ACFC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $8.50 (5.56% downside)
Consensus Price Target History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Price Target History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Analysts' Ratings History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/9/2017FBR & CoDowngradeOutperform -> Market Perform$8.50LowView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Earnings by Quarter for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Earnings History by Quarter for Atlantic Coast Financial Corporation (NASDAQ ACFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.11N/AView Earnings Details
4/25/2017Q1 2017$0.09$0.10$8.79 million$8.93 millionViewN/AView Earnings Details
1/24/2017Q4 2016$0.09$0.11$8.76 million$9.06 millionViewN/AView Earnings Details
10/26/2016Q3 2016$0.09$0.08$8.90 million$9.06 millionViewN/AView Earnings Details
4/27/2016Q1 2016$0.07$0.07$7.72 million$8.65 millionViewN/AView Earnings Details
1/27/2016Q4 2015$0.07$0.07$7.86 million$7.48 millionViewN/AView Earnings Details
10/28/2015Q3 2015$0.09$0.07$8.10 million$7.63 millionViewN/AView Earnings Details
7/29/2015Q2 2015$0.27$0.36$6.43 million$6.66 millionViewN/AView Earnings Details
4/29/2015Q1 2015$0.04$0.03$6.67 million$6.18 millionViewN/AView Earnings Details
2/2/2015Q4 2014$0.03$0.03$6.58 million$6.20 millionViewN/AView Earnings Details
7/30/2014Q2 2014$0.02$0.02$5.87 million$5.91 millionViewN/AView Earnings Details
4/29/2014Q1 2014($0.02)$0.01$5.63 million$5.62 millionViewN/AView Earnings Details
3/3/2014Q4 13($1.05)ViewN/AView Earnings Details
1/29/2014Q4($0.05)($0.12)ViewN/AView Earnings Details
11/6/2012Q312($0.66)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
2017 EPS Consensus Estimate: $0.40
2018 EPS Consensus Estimate: $0.55
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.10$0.10$0.10
Q2 20171$0.07$0.07$0.07
Q3 20171$0.11$0.11$0.11
Q4 20171$0.12$0.12$0.12
Q1 20181$0.12$0.12$0.12
Q2 20181$0.13$0.13$0.13
Q3 20181$0.14$0.14$0.14
Q4 20181$0.16$0.16$0.16
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Insider Ownership Percentage: 10.89%
Institutional Ownership Percentage: 49.52%
Insider Trades by Quarter for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Institutional Ownership by Quarter for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Insider Trades by Quarter for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/15/2016Marshall D StoneVPSell131$6.86$898.66View SEC Filing  
11/14/2016Marshall D StoneVPSell424$6.80$2,883.20View SEC Filing  
8/26/2015Phillip S BuddenbohmEVPBuy1,600$6.00$9,600.00View SEC Filing  
8/20/2015John Kenneth Jr. StephensCEOBuy10,000$6.20$62,000.00View SEC Filing  
2/6/2015James D HoganCFOBuy5,000$3.95$19,750.00View SEC Filing  
8/28/2014Kevin G ChampagneDirectorBuy2,000$4.15$8,300.00View SEC Filing  
8/27/2014Kevin G ChampagneDirectorBuy100$4.13$413.00View SEC Filing  
8/26/2014Kevin G ChampagneDirectorBuy8,000$4.16$33,280.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Latest Headlines for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
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Chart

Atlantic Coast Financial Corporation (ACFC) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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