EPS for Opus Bank (OPB) Expected At $0.31; Nelnet (NNI)’s Sentiment Is 0.86

January 14, 2018 - By Maria Brooks

Nelnet, Inc. provides education related services and products, and student loan asset management services in the United States and internationally. The company has market cap of $2.23 billion. The companyÂ’s Loan Systems and Servicing segment is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for the companyÂ’s student loan portfolio and for third-party clients. It has a 10.29 P/E ratio. This segment also provides software and data center, borrower and loan updates, default aversion tracking, claim processing, and post-default collection services for guarantee agencies; and contact center solutions, as well as licenses student loan servicing software to third-party student loan holders and servicers.

Analysts expect Opus Bank (NASDAQ:OPB) to report $0.31 EPS on January, 29.They anticipate $0.86 EPS change or 156.36% from last quarter’s $-0.55 EPS. OPB’s profit would be $11.13M giving it 23.55 P/E if the $0.31 EPS is correct. After having $0.55 EPS previously, Opus Bank’s analysts see -43.64% EPS growth. The stock increased 1.21% or $0.35 during the last trading session, reaching $29.2. About 104,576 shares traded. Opus Bank (NASDAQ:OPB) has declined 39.11% since January 14, 2017 and is downtrending. It has underperformed by 55.81% the S&P500.

Among 8 analysts covering Opus Bank (NASDAQ:OPB), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Opus Bank had 16 analyst reports since July 29, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of OPB in report on Thursday, October 5 with “Buy” rating. Keefe Bruyette & Woods downgraded Opus Bank (NASDAQ:OPB) on Tuesday, October 25 to “Mkt Perform” rating. The company was downgraded on Monday, January 30 by Hovde Group. The firm has “Hold” rating given on Friday, May 26 by Keefe Bruyette & Woods. The stock of Opus Bank (NASDAQ:OPB) has “Hold” rating given on Thursday, October 20 by Sandler O’Neill. Credit Suisse initiated it with “Outperform” rating and $44 target in Wednesday, June 29 report. As per Monday, January 30, the company rating was downgraded by JP Morgan. Keefe Bruyette & Woods maintained Opus Bank (NASDAQ:OPB) rating on Sunday, August 27. Keefe Bruyette & Woods has “Hold” rating and $24.0 target. The rating was initiated by JMP Securities on Friday, September 16 with “Mkt Perform”. The rating was initiated by Hovde Group on Friday, June 3 with “Outperform”.

Opus Bank provides various banking products, services, and solutions for small to mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. The company has market cap of $1.05 billion. It offers demand deposits, checking accounts, money market accounts, savings accounts, and certificates of deposit. It has a 39.41 P/E ratio. The firm also provides multifamily residential loans, commercial real estate loans, commercial business loans, small business administration loans, construction loans, and single-family residential and consumer loans; and loans and lines for working capital, expansion, acquisitions, consolidation, and transition.

Farmers & Merchants Investments Inc holds 6.54% of its portfolio in Nelnet, Inc. for 1.64 million shares. General American Investors Co Inc owns 390,000 shares or 1.87% of their US portfolio. Moreover, Zebra Capital Management Llc has 0.94% invested in the company for 57,201 shares. The New York-based Tegean Capital Management Llc has invested 0.92% in the stock. James Investment Research Inc, a Ohio-based fund reported 400,280 shares.

Since January 1, 0001, it had 0 insider purchases, and 5 insider sales for $407,520 activity.

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