The average of price targets set by Wall Street analysts indicates a potential upside of 32% in Coastal Financial (CCB). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.63 per share a year ago.
Coastal Financial (CCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 30 | $2,099.1 | $2,406.85 | $307.75 | 14.66% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 70 | $6,460.92 | $5,613.3 | -$847.62 | -13.12% |
| BG Bart Gancher Intech Investment Management LLC | 2,865 | $259,024.65 | $230,346 | -$28,678.65 | -11.07% |
Point72 Asset Management LP Point72 Asset Management LP | 14,237 | $1.5M | $1.14M | -$360,131.74 | -24.01% |
Joseph Castro Nuveen LLC | 36,273 | $3.28M | $2.9M | -$378,327.56 | -11.54% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JL Janet Lee TD Cowen | 209 | $15,835.19 | $16,863.93 | $1,028.74 | 6.5% |
| Banks Industry | Financials Sector | Eric Sprink CEO | NASDAQ (NGS) Exchange | 19046P209 CUSIP |
| US Country | 483 Employees | - Last Dividend | - Last Split | - IPO Date |
Coastal Financial Corporation serves as the parent company for Coastal Community Bank, an institution dedicated to serving small and medium-sized businesses, professionals, and individual clients within the Puget Sound region of Washington. Since its inception in 1997 and with headquarters in Everett, Washington, the bank has grown to offer a comprehensive range of banking solutions, prominently aimed at fostering the financial growth and stability of the communities it serves. Coastal Financial Corporation distinguishes itself by offering personalized banking experiences, combined with the convenience of modern technology, to meet the diverse needs of its customers.