Positive News SentimentPositive NewsNASDAQ:CCB Coastal Financial (CCB) Stock Price, News & Analysis → Top 5 Tech Stocks to Buy for 2024 (From Daily Market Alerts) (Ad) Free CCB Stock Alerts $44.26 -0.26 (-0.58%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$44.01▼$44.5250-Day Range$37.38▼$45.6052-Week Range$35.67▼$48.50Volume22,586 shsAverage Volume47,223 shsMarket Capitalization$593.97 millionP/E Ratio15.48Dividend YieldN/APrice Target$54.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrends Get Coastal Financial alerts: Email Address Coastal Financial MarketRank™ Stock AnalysisAnalyst RatingStrong Buy3.50 Rating ScoreUpside/Downside22.0% Upside$54.00 Price TargetShort InterestBearish4.31% of Float Sold ShortDividend StrengthN/ASustainability-0.47Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$53,384 Sold Last QuarterProj. Earnings Growth66.77%From $3.34 to $5.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.49 out of 5 starsFinance Sector163rd out of 823 stocksState Commercial Banks Industry40th out of 166 stocks 2.8 Analyst's Opinion Consensus RatingCoastal Financial has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageCoastal Financial has only been the subject of 1 research reports in the past 90 days.Read more about Coastal Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.31% of the float of Coastal Financial has been sold short.Short Interest Ratio / Days to CoverCoastal Financial has a short interest ratio ("days to cover") of 8.8.Change versus previous monthShort interest in Coastal Financial has recently increased by 8.33%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCoastal Financial does not currently pay a dividend.Dividend GrowthCoastal Financial does not have a long track record of dividend growth. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCoastal Financial has received a 47.76% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pre-retirement counseling", "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", and "Home insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Coastal Financial is -0.47. Previous Next 3.3 News and Social Media Coverage News SentimentCoastal Financial has a news sentiment score of 1.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.04 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Coastal Financial this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Coastal Financial to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Coastal Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $53,384.00 in company stock.Percentage Held by Insiders16.82% of the stock of Coastal Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.24% of the stock of Coastal Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Coastal Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Coastal Financial are expected to grow by 66.77% in the coming year, from $3.34 to $5.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Coastal Financial is 15.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Coastal Financial is 15.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.89.Price to Book Value per Share RatioCoastal Financial has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Coastal Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressAfter Conviction, More Bad News for TrumpAs a former advisor to the CIA, the Pentagon and the White House… I feel it’s my duty to warn you about this coming election meltdown.Click here to see the details because this coming election meltdown could trigger… About Coastal Financial Stock (NASDAQ:CCB)Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, small business administration loans, and other loan products; owner and non-owner-occupied real estate loans, and multi-family residential loans; construction, land, and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as personal lines of credit, including overdraft protection. In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services; and debit cards. Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as Banking as a Service (BaaS), a platform that allows broker dealers and digital financial service providers to offer their customers banking services. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.Read More CCB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CCB Stock News HeadlinesMay 25, 2024 | insidertrades.comJoel G. Edwards Sells 1,034 Shares of Coastal Financial Co. (NASDAQ:CCB) StockMay 28, 2024 | sports.yahoo.comThe Chants are in! Coastal baseball learns NCAA Tournament destination, opponentMay 25, 2024 | finance.yahoo.comInsider Sale: CFO Joel Edwards Sells Shares of Coastal Financial Corp (CCB)May 14, 2024 | msn.comCoastal Carolina and Delaware will play home-and-home football series in 2026 and 2029May 1, 2024 | finance.yahoo.comCoastal Financial Corp (CCB) Q1 2024 Earnings: Misses Analyst Forecasts Amid Unanticipated ExpensesMay 1, 2024 | finance.yahoo.comCoastal Financial First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsApril 29, 2024 | investorplace.comCCB Stock Earnings: Coastal Finl Misses EPS, Beats Revenue for Q1 2024April 29, 2024 | finance.yahoo.comCoastal Financial Corporation Announces First Quarter 2024 ResultsApril 27, 2024 | msn.comCoastal Carolina University athletic director to transition to new roleApril 26, 2024 | msn.comCoastal Georgia nonprofit gets federal money to expand access to free diapersApril 18, 2024 | yahoo.com$1.675M home offers coastal charm on Pensacola Beach | Sunday ShowcaseApril 18, 2024 | msn.comAnalysis-China's cycle of dollar hoarding and weakening yuan gets viciousApril 12, 2024 | msn.comUnited Way of the Coastal Empire appoints new President & CEOApril 8, 2024 | omaha.comCutting programs? Merging campuses? Nebraska university leaders ponder bold changes to competeApril 3, 2024 | finance.yahoo.comCoastal Financial Corporation (CCB)March 4, 2024 | finance.yahoo.comCoastal Financial Corporation (NASDAQ:CCB) is a favorite amongst institutional investors who own 55%February 23, 2024 | investing.comCoastal Financial Corp (CCB)February 22, 2024 | msn.comMohammed Shami ruled out of IPL, to undergo ankle surgeryFebruary 17, 2024 | wsj.comCoastal Financial Corp.February 13, 2024 | msn.comNew Strong Sell Stocks for February 13thFebruary 12, 2024 | finance.yahoo.comCoastal Financial Insiders Added US$1.43m Of Stock To Their HoldingsFebruary 1, 2024 | finance.yahoo.comCoastal Financial Corp (CCB) Reports Mixed Results Amid Economic ChallengesJanuary 31, 2024 | msn.comCoastal Financial Shares Investor Meeting Slides OnlineJanuary 30, 2024 | finance.yahoo.comCoastal Financial Corporation Announces Fourth Quarter and Fiscal Year 2023 ResultsJanuary 24, 2024 | msn.comMiddle East crisis live: Israel and Hamas move closer to ceasefire deal, reports say; US carries out new strikes against HouthisSee More Headlines Receive CCB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Coastal Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/29/2024Today6/08/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:CCB CUSIPN/A CIK1437958 Webwww.coastalbank.com Phone(425) 257-9000FaxN/AEmployees486Year FoundedN/APrice Target and Rating Average Stock Price Target$54.00 High Stock Price Target$55.00 Low Stock Price Target$53.00 Potential Upside/Downside+22.0%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.86 Trailing P/E Ratio15.48 Forward P/E Ratio13.25 P/E GrowthN/ANet Income$44.58 million Net Margins6.55% Pretax Margin8.46% Return on Equity14.31% Return on Assets1.11% Debt Debt-to-Equity Ratio0.16 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$537.55 million Price / Sales1.10 Cash Flow$3.52 per share Price / Cash Flow12.58 Book Value$22.17 per share Price / Book2.00Miscellaneous Outstanding Shares13,420,000Free Float11,162,000Market Cap$593.97 million OptionableNot Optionable Beta1.21 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Eric M. Sprink (Age 51)CEO & Director Comp: $1.28MMr. Curt T. Queyrouze (Age 62)President Comp: $732.06kMr. Joel G. Edwards (Age 64)Executive VP, CFO & Corporate Secretary Comp: $564.09kMr. Russell A. Keithley (Age 58)Executive VP & Chief Banking Officer Comp: $451.41kMr. Andrew G. Stines (Age 53)Executive VP & Chief Risk Officer Comp: $434.72kMs. Erika HeerExecutive VP & Chief Human Resources OfficerMs. Laura L. Byers (Age 67)Chief Digital Banking Officer & Executive VP Mr. Jonathan E. Sand (Age 53)Executive VP & Chief Credit Officer Mr. Tyler FergusonExecutive VP & Chief Credit Officer of CCBXMr. Michael E. Culp (Age 35)Executive VP & Chief Revenue Officer More ExecutivesKey CompetitorsCVB FinancialNASDAQ:CVBFBank of HawaiiNYSE:BOHIndependent BankNASDAQ:INDBPacific Premier BancorpNASDAQ:PPBIHilltopNYSE:HTHView All CompetitorsInsiders & InstitutionsJoel G EdwardsSold 1,034 sharesTotal: $45,961.30 ($44.45/share)Kennedy Capital Management LLCBought 8,230 shares on 5/16/2024Ownership: 2.052%EJF Capital LLCSold 31,381 shares on 5/16/2024Ownership: 0.628%Janus Henderson Group PLCSold 756 shares on 5/16/2024Ownership: 0.092%California State Teachers Retirement SystemSold 628 shares on 5/16/2024Ownership: 0.084%View All Insider TransactionsView All Institutional Transactions CCB Stock Analysis - Frequently Asked Questions Should I buy or sell Coastal Financial stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coastal Financial in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" CCB shares. View CCB analyst ratings or view top-rated stocks. What is Coastal Financial's stock price target for 2024? 2 Wall Street research analysts have issued 1 year price objectives for Coastal Financial's stock. Their CCB share price targets range from $53.00 to $55.00. On average, they predict the company's share price to reach $54.00 in the next year. This suggests a possible upside of 22.0% from the stock's current price. View analysts price targets for CCB or view top-rated stocks among Wall Street analysts. How have CCB shares performed in 2024? Coastal Financial's stock was trading at $44.41 at the beginning of 2024. Since then, CCB stock has decreased by 0.3% and is now trading at $44.26. View the best growth stocks for 2024 here. Are investors shorting Coastal Financial? Coastal Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 474,600 shares, an increase of 8.3% from the April 30th total of 438,100 shares. Based on an average daily volume of 54,000 shares, the days-to-cover ratio is currently 8.8 days. Approximately 4.3% of the shares of the company are sold short. View Coastal Financial's Short Interest. When is Coastal Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our CCB earnings forecast. How were Coastal Financial's earnings last quarter? Coastal Financial Co. (NASDAQ:CCB) announced its earnings results on Monday, April, 29th. The company reported $0.67 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by $0.11. The firm earned $147.89 million during the quarter, compared to analysts' expectations of $121.10 million. Coastal Financial had a trailing twelve-month return on equity of 14.31% and a net margin of 6.55%. What ETFs hold Coastal Financial's stock? ETFs with the largest weight of Coastal Financial (NASDAQ:CCB) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), BlackRock Future Financial and Technology ETF (BPAY) and First Trust Dow Jones Select Microcap Index Fund (FDM).IQ U.S. Small Cap ETF (CSML). When did Coastal Financial IPO? Coastal Financial (CCB) raised $38 million in an IPO on Wednesday, July 18th 2018. The company issued 2,700,000 shares at a price of $13.00-$15.00 per share. Keefe, Bruyette & Woods (A Stifel Company) and Hovde Group served as the underwriters for the IPO. Who are Coastal Financial's major shareholders? Coastal Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.47%), Kennedy Capital Management LLC (2.05%), Orion Portfolio Solutions LLC (0.73%), EJF Capital LLC (0.63%), Norden Group LLC (0.29%) and Norden Group LLC (0.29%). Insiders that own company stock include Andrew G Stines, Andrew P Skotdal, Eric M Sprink, Joel G Edwards, John J Dickson and Thomas D Lane. View institutional ownership trends. How do I buy shares of Coastal Financial? Shares of CCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CCB) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersSecret energy grid to power millions of homesThis high-security, secret U.S. facility has 2,100 engineers, machinists, and technicians building a new type ...Porter & Company | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? The US Court is cu...Augury Research | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredAI Hell Will Break Loose [June 30, 2024] …On June 30, 2024, AI will reach a critical tipping point… Whatever you do, make sure you prepare before Ju...Banyan Hill Publishing | SponsoredProtect Your Bank Account Before It’s Too LateFor months I’ve been warning about the federal government’s terrifying new program to control every American’s...Weiss Ratings | SponsoredWarren Buffett & 48 Members of Congress Are Buying ONE Sector…Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, “The Walmart Family”, Bill Gates, and 48 members of Con...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Coastal Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Coastal Financial With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.