Atlantic Coast Financial Corporation Company Profile (NASDAQ:ACFC)

About Atlantic Coast Financial Corporation

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:
  • Sector: Finance
  • Industry: Regional - Southeast Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: ACFC
  • CUSIP:
Key Metrics:
  • Previous Close: $7.80
  • 50 Day Moving Average: $7.47
  • 200 Day Moving Average: $6.81
  • 52-Week Range: $15,416,000.00 - $5.43
  • Trailing P/E Ratio: 18.63
  • Foreward P/E Ratio: 11.92
  • P/E Growth: 0.00
  • Market Cap: $119.47M
  • Outstanding Shares: 15,416,000
  • Beta: 0.8
Profitability:
  • Net Margins: 14.88%
  • Return on Equity: 6.31%
  • Return on Assets: 0.58%
Debt:
  • Debt-to-Equity Ratio: 2.67%
  • Current Ratio: 1.33%
  • Quick Ratio: 1.32%
Additional Links:
Companies Related to Atlantic Coast Financial Corporation:

Analyst Ratings

Consensus Ratings for Atlantic Coast Financial Corporation (NASDAQ:ACFC) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $8.00 (3.23% upside)

Analysts' Ratings History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Show:
DateFirmActionRatingPrice TargetDetails
10/30/2016FBR & CoSet Price TargetBuy$8.00View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/24/2017Q4 2016$0.09$0.11ViewN/AView Earnings Details
4/27/2016$0.07$0.07ViewN/AView Earnings Details
10/28/2015$0.09$0.07ViewN/AView Earnings Details
4/29/2015$0.04$0.03ViewN/AView Earnings Details
2/2/2015$0.03$0.03ViewN/AView Earnings Details
7/30/2014$0.02$0.02ViewN/AView Earnings Details
4/29/2014($0.02)$0.01ViewN/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)
Current Year EPS Consensus Estimate: $0.48 EPS
Next Year EPS Consensus Estimate: $0.65 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.07$0.07$0.07
Q2 20161$0.08$0.08$0.08
Q3 20161$0.09$0.09$0.09
Q4 20161$0.11$0.11$0.11
Q1 20171$0.10$0.10$0.10
Q2 20171$0.12$0.12$0.12
Q3 20171$0.14$0.14$0.14
Q4 20171$0.15$0.15$0.15
Q1 20181$0.15$0.15$0.15
Q2 20181$0.15$0.15$0.15
Q3 20181$0.17$0.17$0.17
Q4 20181$0.18$0.18$0.18
(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 History for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
Insider Ownership Percentage: 10.57%
Institutional Ownership Percentage: 49.99%
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

Latest Headlines for Atlantic Coast Financial Corporation (NASDAQ:ACFC)
DateHeadline
capitalcube.com logoETFs with exposure to Atlantic Coast Financial Corp. : February 2, 2017 (NASDAQ:ACFC)
www.capitalcube.com - February 2 at 3:17 PM
capitalcube.com logoAtlantic Coast Financial Corp. :ACFC-US: Earnings Analysis: 2016 By the Numbers : January 27, 2017 (NASDAQ:ACFC)
www.capitalcube.com - January 27 at 3:35 PM
capitalcube.com logoAtlantic Coast Financial Corp. :ACFC-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NASDAQ:ACFC)
www.capitalcube.com - January 26 at 3:30 PM
4-traders.com logoAtlantic Coast Financial : posts 4Q profit (NASDAQ:ACFC)
www.4-traders.com - January 25 at 8:23 PM
reuters.com logoBRIEF-Atlantic Coast Financial Corp Q4 earnings per share $0.13 (NASDAQ:ACFC)
www.reuters.com - January 25 at 1:44 AM
us.rd.yahoo.com logoAtlantic Coast Financial Corporation Fourth Quarter 2016 Earnings Increase to $0.13 Per Diluted Share (NASDAQ:ACFC)
us.rd.yahoo.com - January 24 at 8:40 PM
seekingalpha.com logoUnder-Priced Northern Florida Bank With 30% Loan Growth! (NASDAQ:ACFC)
seekingalpha.com - January 9 at 3:30 PM
capitalcube.com logoETFs with exposure to Atlantic Coast Financial Corp. : December 21, 2016 (NASDAQ:ACFC)
www.capitalcube.com - December 21 at 3:32 PM
thestreet.com logoLet This Fund Manager Be Your 'Arbiter' of Value (NASDAQ:ACFC)
realmoney.thestreet.com - November 15 at 3:17 PM
capitalcube.com logoETF’s with exposure to Atlantic Coast Financial Corp. : October 31, 2016 (NASDAQ:ACFC)
www.capitalcube.com - October 31 at 3:18 PM
4-traders.com logoATLANTIC COAST FINANCIAL CORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NASDAQ:ACFC)
www.4-traders.com - October 28 at 12:54 PM
capitalcube.com logoAtlantic Coast Financial Corp. :ACFC-US: Earnings Analysis: Q3, 2016 By the Numbers : October 28, 2016 (NASDAQ:ACFC)
www.capitalcube.com - October 28 at 12:54 PM
4-traders.com logoAtlantic Coast Financial : posts 3Q profit (NASDAQ:ACFC)
www.4-traders.com - October 27 at 8:49 PM
businesswire.com logoAtlantic Coast Financial Corporation Third Quarter 2016 Earnings Increase to $0.10 Per Diluted Share (NASDAQ:ACFC)
www.businesswire.com - October 27 at 8:49 PM
reuters.com logoBRIEF-Atlantic Coast Financial Corp Q3 2016 EPS rises to $0.10 (NASDAQ:ACFC)
www.reuters.com - October 27 at 3:31 PM
capitalcube.com logoETF’s with exposure to Atlantic Coast Financial Corp. : October 20, 2016 (NASDAQ:ACFC)
www.capitalcube.com - October 20 at 3:16 PM
finance.yahoo.com logoAtlantic Coast Financial Corporation to Participate in FIG Partners' 12th Annual Bank CEO Forum (NASDAQ:ACFC)
finance.yahoo.com - September 9 at 8:05 AM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:ACFC)
biz.yahoo.com - September 8 at 12:15 PM
finance.yahoo.com logoAtlantic Coast Financial Corporation to Attend the Raymond James U.S. Bank Conference (NASDAQ:ACFC)
finance.yahoo.com - August 25 at 8:04 AM
News IconTramel: Why UConn should join BYU as Big 12's best expansion candidates (NASDAQ:ACFC)
newsok.com - August 21 at 8:01 AM
capitalcube.com logoAtlantic Coast Financial Corp. :ACFC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NASDAQ:ACFC)
www.capitalcube.com - August 11 at 12:19 PM
News IconAmeris feels at home in Jacksonville (NASDAQ:ACFC)
jaxdailyrecord.com - August 2 at 8:03 AM
reuters.com logoBRIEF-Atlantic Coast Financial Corp reports Q2 earnings of $0.09/shr (NASDAQ:ACFC)
www.reuters.com - July 28 at 11:53 AM
finance.yahoo.com logoAtlantic Coast Financial Corporation Reports Earnings of $0.09 Per Diluted Share for the Second Quarter of 2016 (NASDAQ:ACFC)
finance.yahoo.com - July 28 at 11:53 AM
sg.finance.yahoo.com logoAtlantic Coast Financial posts 2Q profit (NASDAQ:ACFC)
sg.finance.yahoo.com - July 27 at 5:29 PM
seekingalpha.com logoCanadian National Railway: Enduring Company, Enduring Stock (NASDAQ:ACFC)
seekingalpha.com - July 11 at 8:19 PM
4-traders.com logoATLANTIC COAST FINANCIAL CORP : Other Events (form 8-K) (NASDAQ:ACFC)
www.4-traders.com - June 16 at 3:18 PM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 8-K, Other Events (NASDAQ:ACFC)
biz.yahoo.com - June 15 at 4:17 PM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to (NASDAQ:ACFC)
biz.yahoo.com - May 27 at 4:19 PM
stockhouse.com logoIPG Photonics to Participate in Upcoming Investor Conferences (NASDAQ:ACFC)
www.stockhouse.com - May 23 at 1:53 PM
publicnow.com logoAtlantic Coast Financial Corporation Re-Elects Dave Bhasin and John J. Dolan (NASDAQ:ACFC)
www.publicnow.com - May 23 at 10:56 AM
capitalcube.com logoAtlantic Coast Financial Corp. :ACFC-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:ACFC)
www.capitalcube.com - May 2 at 1:59 PM
bizjournals.com logoAtlantic Coast Financial Corp. reports earnings at 10 cents a share (NASDAQ:ACFC)
www.bizjournals.com - April 29 at 1:01 PM
sg.finance.yahoo.com logoAtlantic Coast Financial posts 1Q profit (NASDAQ:ACFC)
sg.finance.yahoo.com - April 27 at 5:07 PM
publicnow.com logoAtlantic Coast Financial Corporation Reports Significantly Higher Earnings for the First Quarter of 2016 (NASDAQ:ACFC)
www.publicnow.com - April 27 at 4:27 PM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements (NASDAQ:ACFC)
biz.yahoo.com - April 1 at 8:55 AM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 10-K, Annual Report (NASDAQ:ACFC)
biz.yahoo.com - March 16 at 4:31 PM
News IconChampagne retires from Atlantic Coast Financial (NASDAQ:ACFC)
jacksonville.com - March 5 at 11:16 AM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and (NASDAQ:ACFC)
biz.yahoo.com - March 4 at 4:40 PM
finance.yahoo.com logo9:39 am Atlantic Coast Federal Chairman Kevin Champagne retires due to health reasons; effective immediately (NASDAQ:ACFC)
finance.yahoo.com - March 4 at 9:39 AM
finance.yahoo.com logoKevin Champagne, Chairman of the Board of Atlantic Coast Financial Corporation, Retires Due to Health Reasons (NASDAQ:ACFC)
finance.yahoo.com - March 4 at 9:37 AM
News IconEarly Day List To Watch: Atlantic Coast Financial Corporation (NASDAQ:ACFC) (NASDAQ:ACFC)
www.propertymentorgroup.com - February 24 at 11:29 AM
capitalcube.com logoAtlantic Coast Financial Corp. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:ACFC)
www.capitalcube.com - February 2 at 1:14 PM
sg.finance.yahoo.com logoAtlantic Coast Financial posts 4Q profit (NASDAQ:ACFC)
sg.finance.yahoo.com - January 27 at 5:29 PM
publicnow.com logoAtlantic Coast Financial Corporation Reports Record Earnings for 2015 (NASDAQ:ACFC)
www.publicnow.com - January 27 at 4:13 PM
insidermonkey.com logoWhat Do Hedge Funds Think of YuMe Inc (YUME)? (NASDAQ:ACFC)
www.insidermonkey.com - November 27 at 10:41 AM
insidermonkey.com logoIs Alliqua Biomedical Inc (ALQA) A Good Stock To Buy? (NASDAQ:ACFC)
www.insidermonkey.com - November 23 at 2:22 PM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NASDAQ:ACFC)
biz.yahoo.com - October 28 at 4:40 PM
noodls.com logoAtlantic Coast Financial Corporation Reports Strong Third Quarter Results (NASDAQ:ACFC)
www.noodls.com - October 28 at 4:37 PM
biz.yahoo.com logoATLANTIC COAST FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:ACFC)
biz.yahoo.com - October 14 at 9:26 AM

Social

What is Atlantic Coast Financial Corporation's stock symbol?

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

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

1 analysts have issued 12-month price targets for Atlantic Coast Financial Corporation's shares. Their forecasts range from $8.00 to $8.00. On average, they anticipate Atlantic Coast Financial Corporation's stock price to reach $8.00 in the next year.

When will Atlantic Coast Financial Corporation announce their earnings?

Atlantic Coast Financial Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

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 shareholders include FJ Capital Management LLC (9.84%), Renaissance Technologies LLC (1.55%), Bard Associates Inc. (0.74%) and Dimensional Fund Advisors LP (0.70%). Company insiders that own Atlantic Coast Financial Corporation stock include John Kenneth Jr Stephens, Marshall D Stone and Phillip S Buddenbohm.

Who sold Atlantic Coast Financial Corporation stock? Who is selling Atlantic Coast Financial Corporation stock?

Atlantic Coast Financial Corporation's stock was sold by a variety of institutional investors in the last quarter, including Bard Associates Inc..

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

Atlantic Coast Financial Corporation's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP and FJ Capital Management LLC. Company insiders that have bought Atlantic Coast Financial Corporation stock in the last two years include John Kenneth Jr Stephens and Phillip S Buddenbohm.

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.

How much does a share of Atlantic Coast Financial Corporation stock cost?

One share of Atlantic Coast Financial Corporation stock can currently be purchased for approximately $7.75.

Atlantic Coast Financial Corporation (NASDAQ:ACFC) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Atlantic Coast Financial Corporation (NASDAQ:ACFC)

Earnings History Chart

Earnings by Quarter for Atlantic Coast Financial Corporation (NASDAQ:ACFC)

Dividend History Chart

Dividend Payments by Quarter for Atlantic Coast Financial Corporation (NASDAQ:ACFC)

Last Updated on 2/27/2017 by MarketBeat.com Staff