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.
View SI analyst ratings or view top-rated stocks.

11 brokers have issued twelve-month price objectives for Silvergate Capital's shares. Their SI share price forecasts range from $13.00 to $40.00. On average, they anticipate the company's share price to reach $22.60 in the next year. This suggests a possible upside of 14,966.7% from the stock's current price.
View analysts price targets for SI or view top-rated stocks among Wall Street analysts.

Silvergate Capital's stock was trading at $17.40 at the start of the year. Since then, SI shares have decreased by 99.1% and is now trading at $0.15.
View the best growth stocks for 2023 here.

Silvergate Capital Co. (NYSE:SI) announced its earnings results on Monday, October, 18th. The company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.17. The business had revenue of $51.71 million for the quarter, compared to analysts' expectations of $45.19 million. Silvergate Capital had a trailing twelve-month return on equity of 8.87% and a net margin of 45.10%. During the same quarter in the prior year, the firm posted $0.37 EPS.

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 IPO 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) served 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 a variety of institutional and retail investors. Top institutional shareholders 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of SI stock can currently be purchased for approximately $0.15.

Silvergate Capital (NYSE:SI) has a market capitalization of $4.75 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.