Silvergate Capital (SI) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silvergate Capital in the last twelve months. There are currently 5 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" SI shares.
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11 Wall Street analysts have issued 1 year target prices for Silvergate Capital's stock. Their SI share price forecasts range from $13.00 to $40.00. On average, they expect the company's share price to reach $22.60 in the next year. This suggests a possible upside of 11,794.7% from the stock's current price.
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Silvergate Capital's stock was trading at $17.40 on January 1st, 2023. Since then, SI stock has decreased by 98.9% and is now trading at $0.19.
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Silvergate Capital Co. (NYSE:SI) announced its earnings results on Monday, October, 18th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.71 by $0.17. The business earned $51.71 million during the quarter, compared to analyst estimates of $45.19 million. Silvergate Capital had a net margin of 45.10% and a trailing twelve-month return on equity of 8.87%. During the same quarter last year, the firm earned $0.37 earnings per share.

Silvergate Capital (NYSE:SI) pays an annual dividend of $2.94 per share and currently has a dividend yield of 0.00%.

16 employees have rated Silvergate Capital Chief Executive Officer Alan J. Lane on Glassdoor.com. Alan J. Lane has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Silvergate Capital investors own include NVIDIA (NVDA), Block (SQ), Aptiv (APTV), CRISPR Therapeutics (CRSP), Salesforce (CRM), Cisco Systems (CSCO), Marvell Technology (MRVL), Trade Desk (TTD), Ambarella (AMBA) and Advanced Micro Devices (AMD).

(SI) raised $52 million in an initial public offering on Thursday, November 7th 2019. The company issued 3,700,000 shares at a price of $13.00-$15.00 per share. Barclays and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO.

Silvergate Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SI."

Silvergate Capital's stock is owned by many different institutional and retail investors. Top institutional investors include Simplex Trading LLC (0.00%), Barclays PLC (0.21%), Barclays PLC (0.21%), Cutler Group LLC CA (0.00%), PEAK6 Investments LLC (0.00%) and Atika Capital Management LLC (0.00%). Insiders that own company stock include Alan J Lane, Alan J Lane, Ben Reynolds, Dennis S Frank, Derek J Eisele, Karen F Brassfield, Kathleen Fraher, Michael Lempres, Paul D Colucci, Paul D Colucci, Scott A Reed, Scott A Reed, Son-Jai Paik and Thomas C Dircks.
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Shares of SI 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.
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One share of SI stock can currently be purchased for approximately $0.19.

Silvergate Capital (NYSE:SI) has a market capitalization of $6.02 million and generates $-609,471,000.00 in revenue each year. The company earns $-937,910,000.00 in net income (profit) each year or ($29.96) on an earnings per share basis.

The company employs 279 workers across the globe.

Silvergate Capital's mailing address is 4250 Executive Square Suite 300, La Jolla CA, 92037. The official website for the company is www.silvergatebank.com. The company can be reached via phone at 858-362-6300 or via email at investors@silvergate.com.