Equities analysts expect Green Bancorp Inc (NASDAQ:GNBC) to report $0.52 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Green Bancorp’s earnings. Green Bancorp reported earnings per share of $0.35 during the same quarter last year, which indicates a positive year-over-year growth rate of 48.6%. The business is scheduled to report its next quarterly earnings report on Thursday, January 24th.

According to Zacks, analysts expect that Green Bancorp will report full-year earnings of $1.69 per share for the current financial year. For the next fiscal year, analysts forecast that the business will report earnings of $1.99 per share. Zacks’ EPS calculations are a mean average based on a survey of research analysts that cover Green Bancorp.

Green Bancorp (NASDAQ:GNBC) last posted its quarterly earnings data on Tuesday, October 23rd. The financial services provider reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.02. The firm had revenue of $44.99 million for the quarter, compared to analysts’ expectations of $47.10 million. Green Bancorp had a net margin of 20.51% and a return on equity of 12.15%.

Several research firms have recently weighed in on GNBC. BidaskClub cut shares of Green Bancorp from a “sell” rating to a “strong sell” rating in a research report on Tuesday, October 23rd. ValuEngine cut shares of Green Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, October 19th. Finally, Zacks Investment Research upgraded shares of Green Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, October 10th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Green Bancorp currently has an average rating of “Hold” and an average price target of $26.00.

Green Bancorp stock opened at $18.84 on Wednesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market cap of $679.76 million, a PE ratio of 11.81 and a beta of 2.14. Green Bancorp has a fifty-two week low of $16.80 and a fifty-two week high of $25.15.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 21st. Investors of record on Wednesday, November 7th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date was Tuesday, November 6th. Green Bancorp’s payout ratio is presently 33.06%.

A number of large investors have recently modified their holdings of GNBC. UBS Group AG raised its position in Green Bancorp by 218.8% in the 1st quarter. UBS Group AG now owns 4,823 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 3,310 shares during the period. Principal Financial Group Inc. raised its position in Green Bancorp by 1,216.4% in the 1st quarter. Principal Financial Group Inc. now owns 205,371 shares of the financial services provider’s stock worth $4,570,000 after purchasing an additional 189,770 shares during the period. Piedmont Investment Advisors LLC purchased a new position in Green Bancorp in the 2nd quarter worth $132,000. Comerica Bank raised its position in Green Bancorp by 9.1% in the 2nd quarter. Comerica Bank now owns 27,776 shares of the financial services provider’s stock worth $600,000 after purchasing an additional 2,315 shares during the period. Finally, KBC Group NV raised its position in Green Bancorp by 66.3% in the 2nd quarter. KBC Group NV now owns 30,787 shares of the financial services provider’s stock worth $665,000 after purchasing an additional 12,279 shares during the period. Institutional investors own 68.38% of the company’s stock.

About Green Bancorp

Green Bancorp, Inc operates as the bank holding company for Green Bank, N.A. that provides commercial and private banking services primarily in Texas. It offers deposit accounts, such as demand, savings, money market, and time accounts. The company also provides loans, including commercial and industrial loans, including commercial lines of credit, working capital loans, commercial real estate-backed loans, mortgage-warehouse lines, term loans, equipment financing, borrowing base loans, real estate construction loans, homebuilder loans, government guaranteed loans, purchased receivables financing, letters of credit, and other loan products, as well as acquisition, expansion, and development loans to national and regional companies, real estate developers, mortgage lenders, manufacturing and industrial companies, and other businesses.

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Earnings History and Estimates for Green Bancorp (NASDAQ:GNBC)

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