Amerant Bancorp (AMTB) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amerant Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AMTB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMTB, but not buy additional shares or sell existing shares.
View AMTB analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 1 year target prices for Amerant Bancorp's stock. Their AMTB share price forecasts range from $24.00 to $33.00. On average, they expect the company's share price to reach $28.75 in the next year. This suggests a possible upside of 38.6% from the stock's current price.
View analysts price targets for AMTB or view top-rated stocks among Wall Street analysts.

Amerant Bancorp's stock was trading at $26.84 at the beginning of the year. Since then, AMTB stock has decreased by 22.7% and is now trading at $20.74.
View the best growth stocks for 2023 here.

Amerant Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 524,000 shares, an increase of 13.6% from the April 30th total of 461,100 shares. Based on an average daily volume of 83,500 shares, the days-to-cover ratio is currently 6.3 days. Currently, 2.1% of the shares of the stock are short sold.
View Amerant Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our AMTB earnings forecast.

Amerant Bancorp Inc. (NASDAQ:AMTB) released its quarterly earnings results on Thursday, April, 20th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.73 by $0.14. The business had revenue of $101.68 million for the quarter, compared to analyst estimates of $97.91 million. Amerant Bancorp had a net margin of 14.33% and a trailing twelve-month return on equity of 9.82%.

Amerant Bancorp announced a quarterly dividend on Wednesday, April 19th. Stockholders of record on Monday, May 15th will be given a dividend of $0.09 per share on Wednesday, May 31st. This represents a $0.36 annualized dividend and a yield of 1.74%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for AMTB.

ETFs with the largest weight of Amerant Bancorp (NASDAQ:AMTB) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco DWA SmallCap Momentum ETF (DWAS), iShares US Small Cap Value Factor ETF (SVAL), iShares Micro-Cap ETF (IWC) and SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST),

15 employees have rated Amerant Bancorp Chief Executive Officer Jerry Plush on Glassdoor.com. Jerry Plush has an approval rating of 70% among the company's employees. 65.0% of employees surveyed would recommend working at Amerant Bancorp to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Amerant Bancorp investors own include Wells Fargo & Company (WFC), Weyerhaeuser (WY), BioMarin Pharmaceutical (BMRN), CBTX (CBTX), General Mills (GIS), GSK (GSK), International Paper (IP), Nordstrom (JWN) and Kirkland Lake Gold (KL).

(AMTB) raised $82 million in an initial public offering (IPO) on the week of December 17th 2018. The company issued 6,300,000 shares at $13.00 per share. Raymond James, Keefe, Bruyette & Woods (A Stifel Company) and Stephens served as the underwriters for the IPO and SunTrust Robinson Humphrey and FIG Partners were co-managers.

Amerant Bancorp trades on the NASDAQ under the ticker symbol "AMTB."

Amerant Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (7.12%), BlackRock Inc. (5.81%), State Street Corp (1.94%), Dimensional Fund Advisors LP (1.69%), Geode Capital Management LLC (1.56%) and American Century Companies Inc. (0.71%). Insiders that own company stock include A Gustavo J Vollmer, Frederick C Copeland Jr, Gerald P Plush, Howard A Levine, John Quelch, Juan Esterripa, M Gustavo Marturet, Miguel Palacios, Millar Wilson, Samantha Holroyd and Silvio Marshall Martin.
View institutional ownership trends.

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

One share of AMTB stock can currently be purchased for approximately $20.74.

Amerant Bancorp (NASDAQ:AMTB) has a market capitalization of $701.22 million and generates $406.05 million in revenue each year. The company earns $63.31 million in net income (profit) each year or $2.00 on an earnings per share basis.

The company employs 677 workers across the globe.

Amerant Bancorp's mailing address is 220 ALHAMBRA CIRCLE, CORAL GABLES FL, 33134. The official website for the company is www.amerantbank.com. The company can be reached via phone at (305) 460-8728 or via email at investorrelations@amerantbank.com.