Silvergate Capital Co. (NYSE:SI) announced its quarterly earnings data on Monday, April, 19th. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. QoQ = quarter over quarter. Shares of Silvergate Capital (NYSE: SI) fell 24.6% in April, according to data from S&P Global Market Intelligence. This suggests a possible upside of 30.2% from the stock's current price. On average, they anticipate Silvergate Capital's share price to reach $121.50 in the next year. Still, remember that Silvergate isn't a cryptocurrency itself, but a bank that makes money on loans and transaction fees. Press Release reported … Please log in to your account or sign up in order to add this asset to your watchlist. FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT … It was one of the first movers in 2013, and continues to … The company issued 3,700,000 shares at a price of $13.00-$15.00 per share. Stock Advisor launched in February of 2002. Silvergate Capital has a P/B Ratio of 7.54. Shares of Silvergate Capital (NYSE:SI) fell 24.6% in April, according to data from S&P Global Market Intelligence. Silvergate's Alan Lane on Diem partnership, Why Shares of Silvergate Capital Are Jumping Today, Silvergate Capital (NYSE:SI) Shares Gap Up to $80.82. Exec. Silvergate Capital's stock is owned by a variety of retail and institutional investors. Latest Share Price and Events. Top institutional shareholders include ARK Investment Management LLC (8.25%), BlackRock Inc. (6.23%), Lord Abbett & CO. LLC (4.65%), Stephens Investment Management Group LLC (1.43%), Geode Capital Management LLC (1.36%) and Bank of New York Mellon Corp (1.26%). Get short term trading ideas from the MarketBeat Idea Engine. I love looking at the "story" behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names. SI stock was purchased by a variety of institutional investors in the last quarter, including ARK Investment Management LLC, Lord Abbett & CO. LLC, BlackRock Inc., Steadview Capital Management LLC, Parnassus Investments CA, Emerald Advisers LLC, JPMorgan Chase & Co., and Stephens Investment Management Group LLC. All of those factors together likely led to investors selling off huge winners that came into the month selling at frothy multiples. Company insiders that own Silvergate Capital stock include Alan J Lane, Antonio Martino, Ben Reynolds, Dennis S Frank, Derek J Eisele, John M Bonino, Karen F Brassfield, Kathleen Fraher, Paul D Colucci, Robert Charles Campbell, Scott A Reed, Son-Jai Paik and Thomas C Dircks. The institutional investor owned 12,759 shares of the company’s stock after selling 22,750 shares during the quarter. Silvergate Capital Corp (SI): * SILVERGATE LAUNCHES "AT-THE-MARKET" PUBLIC OFFERING OF CLASS A COMMON STOCK. Learn about financial terms, types of investments, trading strategies and more. Company insiders that have bought Silvergate Capital stock in the last two years include Alan J Lane, Antonio Martino, Ben Reynolds, John M Bonino, Scott A Reed, Son-Jai Paik, and Thomas C Dircks. Is Silvergate Capital the Growth Stock for You? The crypto-focused bank plunged despite better-than-expected earnings reported during the month as high-growth stocks that had big gains in 2020 were pummeled by fears over rising rates and taxes. Follow SI. 56.09% of the stock of Silvergate Capital is held by institutions. The company earned $31.11 million during the … (Add your “underperform” vote.). We’re motley! document.write('
'); Silvergate Capital has received a consensus rating of Buy. Silvergate Capital does not currently pay a dividend. Silvergate Bank has served entrepreneurs in unique and niche industries for over 20 years. The Technology 202: Facebook's scaled-back digital currency ambitions highlight cost of political scrutiny, view top-rated stocks among Wall Street analysts, Home Bancshares, Inc. (Conway, AR) (HOMB), Receive Analysts' Upgrades and Downgrades Daily. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. According to analysts' consensus price target of $121.50, Silvergate Capital has a forecasted upside of 30.2% from its current price of $93.29. Silvergate Capital Corporation (“Silvergate” or “Company”) (NYSE:SI) and its wholly-owned subsidiary, Silvergate Bank (“Bank”), today announced financ What happened. SECURITIES AND EXCHANGE COMMISSION. Silvergate Capital Corporation (SI) was a big mover last session on higher-than-average trading volume. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. The consensus among Wall Street analysts is that investors should "buy" Silvergate Capital stock. Get the latest Silvergate Capital Corp (SI) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Silvergate Capital Corporation (NYSE:SI) went down by -6.65% from its latest closing price compared to the recent 1-year high of $187.86. To see all exchange delays and terms of use please see disclaimer. Silvergate Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "SI.". See what's happening in the market right now with MarketBeat's real-time news feed. You can opt out at any time. Fundamental company data provided by Zacks Investment Research. The P/E ratio of Silvergate Capital is 86.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.51. View insider buying and selling activity for Silvergate Capital or or view top insider-buying stocks. The company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.04. View Silvergate Capital's earnings history. The company earns $24.85 million in net income (profit) each year or $1.14 on an earnings per share basis. The two stocks have crushed the broader markets and we think have the potential to gain momentum if the bull run continues this year. In the past three months, Silvergate Capital insiders have sold more of their company's stock than they have bought. Silvergate Capital has done a tremendous job of capitalizing on the move to digital currencies. Silvergate Capital employs 216 workers across the globe. SI stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Pier Capital LLC, Acadian Asset Management LLC, Stifel Financial Corp, Chartwell Investment Partners LLC, Harbor Financial Services LLC, Prospector Partners LLC, and Iridian Asset Management LLC CT. Company insiders that have sold Silvergate Capital company stock in the last year include Dennis S Frank, Derek J Eisele, Karen F Brassfield, Kathleen Fraher, Paul D Colucci, Robert Charles Campbell, Scott A Reed, and Thomas C Dircks. The crypto-focused bank plunged … Cathie Wood-led Ark Investment Management believes the Silvergate Capital Corp (NYSE: SI) stock will benefit from increased crypto adoption and … Silvergate Capital Corp. is a holding company, which engages in the provision of banking and loan services. On April 20, Silvergate reported first-quarter earnings. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Share Price & News. The crypto … Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 1.1 days. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Silvergate Capital Plunged 24.6% in April @themotleyfool #stocks $SI, first-mover in cryptocurrency-related institutional banking, Why Shares of Silvergate Capital Are Jumping Today, Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin, Crazy Deposit Growth Masked an Unbelievable Quarter for Silvergate Capital, Why This Crypto Bank Is a Future Cash Machine. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. (SI) raised $52 million in an initial public offering (IPO) on Thursday, November 7th 2019. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. As of March 31st, there was short interest totaling 1,600,000 shares, an increase of 68.9% from the March 15th total of 947,100 shares. Revenue of $31.1 million grew 52.4% year over year, while earnings per share of $0.55 grew 189% year over year. Therefore, investors should take care to think about the company's actual earnings power rather than merely riding crypto-price momentum. The company’s shares have gained +362.78% over the past 6 months, with this … Compare Top Brokerages Here. Vote “Underperform” if you believe SI will underperform the S&P 500 over the long term. Follow SI. MarketBeat just released five new stock ideas, but Silvergate Capital wasn't one of them. Both figures beat expectations. News Break provides latest and breaking news about #Silvergate Capital. 16 employees have rated Silvergate Capital CEO Alan J. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. How has Silvergate Capital's share price performed over time and what events caused price changes? Silvergate Capital News . Silvergate Capital is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021. Export data to Excel for your own analysis. Specifically, they have bought $0.00 in company stock and sold $15,281,418.00 in company stock. Silvergate Capital Corporation (SI) Reports Next Week: Wall Street Expects Earnings Growth Silvergate Capital Corporation (SI) doesn't possess the right combination of the two key … Some companies that are related to Silvergate Capital include First Citizens BancShares (FCNCA), First Financial Bankshares (FFIN), Prosperity Bancshares (PB), Popular (BPOP), South State (SSB), Glacier Bancorp (GBCI), Bank OZK (OZK), United Bankshares (UBSI), Home Bancshares, Inc. (Conway, AR) (HOMB), Wintrust Financial (WTFC), Pacific Premier Bancorp (PPBI), Hancock Whitney (HWC), Ameris Bancorp (ABCB), Bank of Hawaii (BOH) and First Hawaiian (FHB). Silvergate Capital News . Riot Blockchain Inc. (RIOT - Get Rating) and Silvergate Capital Corp (SI - Get Rating), two of the prominent players in the digital and cryptocurrency industry, have been thriving amid the pandemic as investors are now considering cryptocurrencies into their portfolio to hedge against inflation. View all of SI's competitors. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Returns as of 05/16/2021. Silvergate Shares Up After News on Partnership With The Diem Assoc. View analysts' price targets for Silvergate Capital or view top-rated stocks among Wall Street analysts. Despite these booming growth numbers, Silvergate still fell hard. Get Silvergate Capital Corp (SI:NYSE) real-time stock quotes, news, price and financial information from CNBC. Silvergate Capital Corporation (SI) estimates and forecasts. View the latest Silvergate Capital Corp. (SI) stock price, news, historical charts, analyst ratings and financial information from WSJ. MarketBeat thinks these five companies may be even better buys.View MarketBeat's top stock picks here. MarketBeat's community ratings are surveys of what our community members think about Silvergate Capital and other stocks. (Add your “outperform” vote. Stable Share Price: SI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 18% a week. The P/E ratio of Silvergate Capital is 86.38, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.61. Recognizing digital currency’s potential during the sector’s infancy, we built strong relationships with pioneers who were turned away by traditional banks. But that P/E ratio is still much higher than a typical bank, so Silvergate will have to show continued strong earnings and innovation to turn this negative momentum around. After all, Silvergate surged a whopping 1,400% over the 12-month period ending March 31 and entered the month trading at an 85 P/E ratio -- far higher than a typical bank, which trades in the low to mid-teens. Investment Story Silvergate Capital (SI) was founded in 1988, and for nearly two decades, it was pretty much a plain-vanilla regional bank. 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