With 0.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 76070.0 shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $23.96 whereas the lowest price it dropped to was $23.0276. The 52-week range on NECB shows that it touched its highest point at $31.72 and its lowest point at $14.17 during that stretch. It currently has a 1-year price target of $31.00. With its current market cap of 334.95 million, NECB has annualized dividend of $0.50 while the current yield stands at 2.09%. NECB paid its most recent dividend on 1735862400, while the ex-dividend date for that was 1735862400. Beta for the stock currently stands at 0.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NECB was down-trending over the past week, with a drop of -2.33%, but this was down by -17.13% over a month. Three-month performance dropped to -3.32% while six-month performance rose 32.66%. The stock gained 38.55% in the past year, while it has lost -2.33% so far this year. A look at the trailing 12-month EPS for NECB yields 3.60 with Next year EPS estimates of 3.04. For the next quarter, that number is 0.82. This implies an EPS growth rate of 7.53% for this year and -14.85% for next year.
Float and Shares Shorts:
At present, 14.02 million NECB shares are outstanding with a float of 12.17 million shares on hand for trading. On 2024-12-13, short shares totaled 0.13 million, which was 101.99999 higher than short shares on 1731628800. In addition to Mr. Kenneth A. Martinek as the firm’s Chairman & CEO, Mr. Jose M. Collazo serves as its President, COO & Director.
Institutional Ownership:
Through their ownership of 0.46077 of NECB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With NECB analysts setting a high price target of 31.0 and a low target of 31.0, the average target price over the next 12 months is 31.0. Based on these targets, NECB could surge 29.76% to reach the target high and rise by 29.76% to reach the target low. Reaching the average price target will result in a growth of 29.76% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.57 being high and $3.57 being low. For NECB, this leads to a yearly average estimate of $3.57.
