Silvergate Capital (SI) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silvergate Capital in the last year. There are currently 5 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SI, but not buy additional shares or sell existing shares.
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12 brokerages have issued twelve-month price objectives for Silvergate Capital's shares. Their SI share price forecasts range from $13.00 to $150.00. On average, they expect the company's stock price to reach $34.18 in the next twelve months. This suggests a possible upside of 2,951.9% from the stock's current price.
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Silvergate Capital's stock was trading at $17.40 at the start of the year. Since then, SI stock has decreased by 93.6% and is now trading at $1.12.
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The company is scheduled to release its next quarterly earnings announcement on Monday, July 17th 2023.
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Silvergate Capital Co. (NYSE:SI) released its quarterly earnings results on Monday, October, 18th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.17. The business earned $51.71 million during the quarter, compared to the consensus estimate 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 period in the previous year, the company posted $0.37 EPS.

Schwab Crypto Thematic ETF holds 29,008 shares of SI stock, representing 0.37% of its portfolio.

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 initial public offering on Thursday, November 7th 2019. The company issued 3,700,000 shares at $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 many different institutional and retail investors. Top institutional investors include Susquehanna International Group LLP (0.00%), Nomura Holdings Inc. (0.00%), Group One Trading L.P. (0.00%), Simplex Trading LLC (0.00%), Barclays PLC (1.97%) and Two Sigma Advisers LP (1.78%). 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, Robert Charles Campbell, Scott A Reed, Scott A Reed, Son-Jai Paik and Thomas C Dircks.
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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.
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One share of SI stock can currently be purchased for approximately $1.12.

Silvergate Capital (NYSE:SI) has a market capitalization of $35.46 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.