Compass Point analyst Michael Del Grosso maintained a Buy rating on Silvergate Capital (NYSE:SI) on Tuesday, setting a price target of $155, which is approximately 42.19% above the present share price of $109.01.
Del Grosso expects Silvergate Capital to post earnings per share (EPS) of $0.49 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Silvergate Capital, with an average price target of $115.67.
The analysts price targets range from a high of $175 to a low of $54.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $26.3 million and a net profit of $0. The company's market cap is $2.49 billion.
According to TipRanks.com, Compass Point analyst Michael Del Grosso is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 34.9% and a 84.85% success rate.
Silvergate Capital Corp . is a holding company, which engages in the provision of banking and loan services. It focuses on the financial infrastructure solutions and services for participants in the nascent and digital currency industry. The company was founded in 1988 and is headquartered in La Jolla, CA.