The Caesars deal just put a clock on the rest of corporate America. On May 28, 2026, Caesars Entertainment (NASDAQ: CZR | CZR Price Prediction) announced a definitive agreement to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including the assumption of approximately $11.9 billion of Caesars’ outstanding debt. Shareholders take home $31.00 per share in cash, a 49% premium to the unaffected share price as of February 25, 2026, with no financing condition and a go-shop period running through July 11, 2026.
That premium signals opportunity. With credit markets open and sponsors holding dry powder, beaten-down public companies with clean cash flows, recognizable brands, or busted balance sheets are in scope. We screened four cross-sector names that match the take-private profile and ranked them from least likely to most likely to be acquired next.
4. Etsy Etsy (NASDAQ: ETSY) carries the largest market cap on this list at $6.4 billion, which is the primary reason it ranks last. Marketplace network effects are notoriously hard to leverage in a leveraged buyout (LBO), and Etsy’s stock has already rallied 28.2% over the past year and 22.5% year to date to $67.92, narrowing the gap to the $72.28 analyst target.
Q1 2026 revenue of $631 million beat the $617.31 million estimate, with net income swinging to a profit year over year and marketplace GMS growing 5.5%. Insider activity argues against an imminent deal: 100% of the past 30 days of insider transactions were sales, including a 20,000-share director disposal on May 22 at $60.92 to $62.64. Sponsors do not typically pursue companies where insiders are heading for the exits.
3. Under Armour Under Armour (NYSE: UAA) trades at $5.87, down 74% over five years. Founder Kevin Plank is back as CEO with a brand reset and a $305 million restructuring plan. Plank told investors, “Our fiscal 2026 performance reflects the ongoing intentional steps we’re taking to reset the business and restore the discipline required to operate as a best-in-class brand.”
The share register is the real signal. Prem Watsa’s group accumulated 1,178,344 Class A shares over three days in mid-May at roughly $5.00, the largest accumulation in the dataset. Forward EPS guidance of $0.08 to $0.12 is thin, but the asset (brand, North American footprint, international momentum at +10%) is cheap at 0.819x EV/revenue. Plank’s Class C share structure complicates a hostile bid, which is precisely what makes a friendly, founder-led take-private feasible.
2. Xerox Xerox (NASDAQ: XRX) is the most beaten-down name on this list, with a market cap of just $423.7 million and a stock down 86.2% over five years. Q1 2026 revenue of $1.85 billion exceeded expectations of roughly $1.75 billion, helped by the Lexmark acquisition and a $300 million synergy target.
New CEO Louie Pastor framed his priorities as stabilizing revenue, lifting profitability, and reducing leverage. The leverage piece is the catch: total liabilities of $9.37 billion against only $305 million of equity. A sponsor would need debt restructuring as part of any deal. Yet at 0.605x EV/revenue and a 3x forward P/E, with FY26 guided free cash flow of roughly $250 million, the asymmetry is compelling. The stock has already doubled in the past month, hinting that someone is positioning early.
1. Dropbox Dropbox (NASDAQ: DBX) is the cleanest LBO setup of the four. The math is hard to ignore: $1.0 billion of free cash flow in FY 2025 against $2.521 billion of revenue, with a 32.3% free cash flow margin in Q1 2026 and minimal capex. EV/EBITDA is just 11x against a forward P/E of 9x.
Founder and CEO Drew Houston has already run the buyback equivalent of a leveraged recap, having repurchased $1.7 billion of stock in FY25 and another $366.8 million in Q1 2026, shrinking the share count from 295.7 million to 236.7 million. Shareholders’ equity is negative $2.011 billion, meaning the balance sheet has been engineered for private ownership. Houston told investors, “We delivered a strong quarter, exceeding the high end of our guidance for revenue and operating margin.” Applying the 49% Caesars premium to the current $26.88 share price implies a deal price near $40, well within reach for a sponsor underwriting that cash flow stream.
The Cleanest Setup Dropbox carries the take-private fingerprint: predictable cash flow, asset-light operations, a founder controlling the cap table, and a balance sheet restructured around debt rather than equity. Watch for a 13D filing from a private equity sponsor, a pause in the buyback program, or telling commentary from Houston on the next earnings call. Because Caesars has a go-shop period running until July 11, 2026, the window is open for taking additional public companies private. With its massive cash flow, Dropbox is almost certainly being evaluated as a takeover target by every major private equity firm on Wall Street.
BALA CYNWYD, Pa., June 01, 2026 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Caesars Entertainment, Inc. (“Caesars” or the “Company”) (Nasdaq - CZR) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Fertitta Entertainment, Inc. for $31.00 per share in an all-cash transaction valued at approximately $17.6 billion.
The investigation concerns whether the Caesars Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the proposed transaction is paying fair value to shareholders of the Company.
If you own shares of Caesars stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at [email protected], visit https://www.brodskysmith.com/cases/caesars-entertainment-inc-nasdaq-czr/, or call toll free 855-576-4847.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Caesars Entertainment, Inc. (NasdaqGS: CZR) to Fertitta Entertainment, Inc. Under the terms of the proposed transaction, shareholders of Caesars will receive $31.00 in cash for each share of Caesars that they own. KSF is seeking to determine whether this consideration and the process that led to it a.
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Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Caesars Entertainment, Inc. (NASDAQ: CZR)'s sale to Fertitta Entertainment, Inc. for $31.00 in cash per share. If you are a Caesars shareholder, click here to learn more about your rights and options.
Avanos Medical, Inc. (NYSE: AVNS)'s sale to affiliates of American Industrial Partners for $25.00 per share in cash. If you are an Avanos shareholder, click here to learn more about your rights and options.
Global Business Travel Group, Inc. (NYSE: GBTG)'s sale to Long Lake Management for $9.50 per share in cash. If you are a Global Business shareholder, click here to learn more about your rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
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Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
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(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Caesars Entertainment, Inc. (NASDAQ: CZR)’s sale to Fertitta Entertainment, Inc. for $31.00 in cash per share. If you are a Caesars shareholder, click here to learn more about your rights and options.
Sila Realty Trust, Inc. (NYSE: SILA)’s sale to affiliates of Blue Owl Real Estate Capital LLC for $30.38 per share. If you are a Sila shareholder, click here to learn more about your legal rights and options.
Envirotech Vehicles, Inc. (NASDAQ: EVTV)’s merger with AZIO AI Corp. If you are an Envirotech shareholder, click here to learn more about your legal rights and options.
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX)’s merger with American Ocean Minerals Corporation. If you are an Odyssey shareholder, click here to learn more about your legal rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
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Daniel Sadeh, Esq.
Zachary Halper, Esq.
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https://www.halpersadeh.com
VANCOUVER, British Columbia--(BUSINESS WIRE)-- #Caesars--GeoComply expands multi-year partnership with Caesars, deepening digital identity and fraud prevention across online gaming operations.
As the travel and gambling markets evolve, choosing between MGM Resorts International (MGM +2.72%) and Caesars Entertainment (CZR 0.09%) requires a close look at their differing strategies, financial health, and global footprints.
MGM focuses on high-end luxury destinations and a growing international presence, particularly in Macao. Meanwhile, Caesars leverages a vast domestic network of regional properties and a robust loyalty program. Comparing these two leaders helps identify which business model best aligns with your long-term investment goals in the casino space.
MGM Resorts International operates a global portfolio of 31 unique hotel and gaming destinations. The company focuses on the high-end luxury market and has expanded its digital reach through the BetMGM platform and LeoVegas acquisition. Its strategy emphasizes large-scale integrated resorts that combine gambling with entertainment, nightlife, and retail to attract a broad demographic of luxury travelers across the globe.
In fiscal year 2025, revenue reached nearly $17.5 billion, representing a growth rate of approximately 1.7% compared to the previous year. The company reported net income of roughly $206.2 million for the period. This resulted in a net margin of about 1.2%, which measures how much profit a company keeps from every dollar of sales after all expenses are paid.
As of its December 2025 balance sheet, the debt-to-equity ratio was close to 23.1. This ratio measures total debt against shareholder equity, and a higher number indicates a company uses more debt to finance its assets. The current ratio, which shows if a company can cover short-term debts with short-term assets, was roughly 1.2. Free cash flow for the year was approximately $1.7 billion, providing ample capital for reinvestment or future debt reduction.
The case for Caesars EntertainmentCaesars Entertainment manages 52 domestic properties across 18 states, making it a massive presence in consumer discretionary stocks. The business generates revenue from casino operations, sports betting, and its expansive hotel and restaurant offerings. Its strategy relies heavily on the Caesars Rewards program to drive repeat visits across its widespread North American jurisdictions and mobile digital apps.
For FY 2025, the company generated revenue of approximately $11.5 billion, which was a 2.1% increase over the prior year. Despite this growth in sales, the company reported a net loss of nearly $502 million. This led to a negative net margin of roughly 4.4%, indicating that total expenses exceeded revenue during this fiscal period.
Based on the December 2025 balance sheet, the debt-to-equity ratio was roughly 7.5. This indicates how much debt the firm uses relative to its equity. The current ratio was approximately 0.8, suggesting short-term assets might not fully cover upcoming obligations. Free cash flow reached nearly $520 million, providing a source of cash for the business despite the reported net loss for the year.
Risk profile comparisonMGM faces significant geographic concentration on the Las Vegas Strip, making it vulnerable to local economic shifts or travel disruptions. The company also deals with intense competition from new resort developments and regulatory risks in Macao, where the government can terminate gambling concessions. Additionally, past cybersecurity issues highlight the ongoing threat of digital disruptions and potential litigation.
Caesars carries a heavy debt load of approximately $11.9 billion, requiring significant cash for interest payments. The company also faces high fixed costs from lease obligations with VICI Properties and Gaming and Leisure Properties. Competition from tribal gaming and third-party reliance for digital infrastructure also pose threats to its market share and operational stability.
Valuation comparisonMGM Resorts International currently trades at a significantly lower Forward P/E than Caesars Entertainment, though Caesars looks more affordable on a price-to-sales basis.
MetricMGM Resorts InternationalCaesars EntertainmentSector BenchmarkForward P/E29.6x85.8x31.2xP/S ratio0.8x0.5xSector benchmark uses the SPDR XLY sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?MGM Resorts and Caesars Entertainment are the giants of the casino world, but which casino stock is a better bet for investors? MGM’s focus on a luxury experience may give it an edge in the resilience category, as its customers may be less susceptible to economic pressures. Its presence in Macao complicates its thesis; it could be a point that differentiates its business from the competition (MGM China reported net revenue of $4.5 billion in 2025, an increase of 11%), but it leaves the company susceptible to regulatory risks and possible travel restrictions. It also has less debt than Caesars, which not only indicates financial discipline but may also augur well for shareholder-friendly moves like further debt reduction or even share buybacks.
Investors should keep an eye on both companies’ digital segments, as mobile sports betting and iGaming continue to gain popularity, and these segments may attract customers who otherwise wouldn’t visit their physical properties.
For now, I would give the edge to MGM Resorts for its valuation, its debt profile, and its growing digital business. But neither stock may be available on the public markets much longer, as both companies have been the targets of buyout offers. Media conglomerate People Inc., which already owns about a quarter of MGM, offered to buy the remaining business for $18 billion. Fertitta Entertainment, owned by Tilan Fertitta, who also owns the Golden Nugget casino chain, offered to buy Caesars Entertainment in an all-cash deal valued at $17.6 billion. Investors interested in starting a position in one of these casino stocks will want to watch the offer and potential deal-making news closely to assess whether there’s still an attractive entry point here.
LOS ANGELES, June 03, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Caesars Entertainment, Inc. (“Caesars” or “the Company”) (NASDAQ: CZR) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the Caesars board breached its fiduciary duties to shareholders. Tilman Fertitta has agreed to take Caesars private in a $5.7 billion all-cash deal paying $31 per share.
If you are a shareholder, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335 [email protected]
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Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Caesars Entertainment, Inc. (NASDAQ: CZR)'s sale to Fertitta Entertainment, Inc. for $31.00 in cash per share. If you are a Caesars shareholder, click here to learn more about your rights and options.
RE/MAX Holdings, Inc. (NYSE: RMAX)'s sale to The Real Brokerage Inc. for either 5.152 shares of the combined company or $13.80 in cash per share. If you are a RE/MAX shareholder, click here to learn more about your rights and options.
TruBridge, Inc. (NASDAQ: TBRG)'s sale to Inventurus Knowledge Solutions, Inc. for $26.25 in cash per share. If you are a TruBridge shareholder, click here to learn more about your rights and options.
Sila Realty Trust, Inc. (NYSE: SILA)'s sale to affiliates of Blue Owl Real Estate Capital LLC for $30.38 per share. If you are a Sila shareholder, click here to learn more about your legal rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com
Are CZR, RMAX, TBRG, SILA Obtaining Fair Deals for their Shareholders? PR Newswire
NEW YORK, June 9, 2026
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Caesars Entertainment, Inc. (NASDAQ: CZR)'s sale to Fertitta Entertainment, Inc. for $31.00 in cash per share. If you are a Caesars shareholder, click here to learn more about your rights and options.
RE/MAX Holdings, Inc. (NYSE: RMAX)'s sale to The Real Brokerage Inc. for either 5.152 shares of the combined company or $13.80 in cash per share. If you are a RE/MAX shareholder, click here to learn more about your rights and options.
TruBridge, Inc. (NASDAQ: TBRG)'s sale to Inventurus Knowledge Solutions, Inc. for $26.25 in cash per share. If you are a TruBridge shareholder, click here to learn more about your rights and options.
Sila Realty Trust, Inc. (NYSE: SILA)'s sale to affiliates of Blue Owl Real Estate Capital LLC for $30.38 per share. If you are a Sila shareholder, click here to learn more about your legal rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
One World Trade Center
85th Floor
New York, NY 10007
(212) 763-0060 [email protected] [email protected]
https://www.halpersadeh.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/are-czr-rmax-tbrg-sila-obtaining-fair-deals-for-their-shareholders-302795487.html
LOS ANGELES, June 10, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Caesars Entertainment, Inc. (“Caesars” or “the Company”) (NASDAQ: CZR) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the Caesars board breached its fiduciary duties to shareholders. Tilman Fertitta has agreed to take Caesars private in a $5.7 billion all-cash deal paying $31 per share.
If you are a shareholder, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335 [email protected]
Invitation-only CZR Yacht event brings together top traders, investors, and partners during one of the world's most prestigious sporting weekends June 10, 2026 21:41 ET | Source: CZR Exchange
Monaco, Monaco, June 10, 2026 (GLOBE NEWSWIRE) --
CZR Exchange, a global digital asset trading platform, successfully hosted an exclusive VIP experience during the 2026 Monaco Grand Prix, welcoming select traders, investors, strategic partners, and industry leaders aboard the private CZR Yacht in Monaco's iconic Port Hercule.
Held during one of the most prestigious events on the global sporting calendar, the invitation-only gathering served as a platform for networking, relationship building, and discussions around the future of digital assets, technology, and global finance.
The event forms part of CZR Exchange's broader commitment to strengthening engagement with its growing international community while creating unique opportunities that extend beyond traditional trading environments.
“At CZR Exchange, we believe our community deserves more than access to markets – they deserve access to meaningful relationships and world-class experiences,” said Charlie Rothkopf, Founder and CEO of CZR Exchange. “The Monaco Grand Prix provided the perfect setting to celebrate our VIP community and connect with partners, traders, and innovators from around the world.”
Throughout the weekend, guests enjoyed premium hospitality, exclusive race-week experiences, and curated networking opportunities designed to bring together ambitious individuals from across the digital asset ecosystem.
The Monaco activation reflects CZR Exchange's broader vision of building a global community centered on innovation, performance, and long-term engagement. As the company continues to expand internationally, community-focused events and VIP experiences remain an important part of its growth strategy.
The Monaco Grand Prix gathering follows a series of international initiatives aimed at strengthening client relationships while reinforcing CZR Exchange's position as a rapidly growing global digital asset platform.
About CZR Exchange
CZR Exchange is a global digital asset trading platform headquartered in the Cayman Islands. Combining cutting-edge technology with a compliance-driven approach, CZR enables users to trade seamlessly across borders while ensuring instant settlement and institutional-grade security.
This press release is for informational purposes only and does not constitute investment advice, financial guidance, or a solicitation to buy or sell any securities or cryptocurrencies. The statements, views, and opinions expressed in this release are solely those of the issuing company or its authorized representatives. The publisher, distributor, and any associated third parties make no representations or guarantees of profit, and explicitly disclaim any liability for losses or damages incurred as a result of using or relying on the information presented.
Cryptocurrency and digital asset investments carry a high level of risk, including the potential loss of all capital. There are no guarantees of performance, and markets may become illiquid or go to zero. Readers are strongly encouraged to conduct their own independent research and consult with licensed financial professionals before making any investment decisions.
MONSEY, N.Y., June 11, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Caesars Entertainment, Inc. (Nasdaq: CZR) (“CZR”) for $31.00 per share in cash to Fertitta Entertainment.
The sale price is well below the price targets of multiple Wall Street analysts before the deal was announced, including:
Steven Pizzella of Deutsche Bank ($35.00 price target)Daniel Politzer of J.P. Morgan ($35.00 price target)Steven Wieczynski of Stifel Nicolaus ($35.00 price target)Lance Vitanza of TD Cowen ($35.00 price target) If you remain a CZR shareholder and have concerns about the fairness of the sale price, you may contact our firm at the following link to discuss your legal rights at no charge:
Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].
“We are investigating whether the CZR board of directors acted in the best interests of CZR shareholders in recommending the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the sale price is fair to CZR shareholders, and whether all material information regarding the transaction has been fully disclosed, including all conflicts.”
About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
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Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating
Taylor Morrison Home Corp. (NYSE: TMHC) related to its sale to Berkshire Hathaway Inc. Under the terms of the proposed transaction, Taylor Morrison shareholders are expected to receive $72.50 per share in cash.
Click here for more information https://monteverdelaw.com/case/taylor-morrison-home-corp/. It is free and there is no cost or obligation to you.
Caesars Entertainment, Inc. (NASDAQ: CZR) related to its sale to Fertitta Gaming Holdco, LLC. Under the terms of the proposed transaction, Caesars shareholders are expected to receive (i) $31.00 per share in cash and (ii) a ticking consideration of $0.007150 multiplied by the number of calendar days elapsed after June 27, 2027.
Click here for more information https://monteverdelaw.com/case/caesars-entertainment-inc/. It is free and there is no cost or obligation to you.
XOMA Royalty Corporation (NASDAQ: XOMA) related to its sale to Ligand Pharmaceuticals Incorporated. Under the terms of the proposed transaction, XOMA shareholders will receive $39.00 per share in cash.
ACT NOW. The Shareholder Vote is scheduled for July 13, 2026.
Click here for more information https://monteverdelaw.com/case/xoma-royalty-corporation/. It is free and there is no cost or obligation to you.
Avanos Medical, Inc. (NYSE: AVNS) related to its sale to affiliates of American Industrial Partners. Under the terms of the proposed transaction, Avanos shareholders will receive $25.00 per share in cash.
ACT NOW. The Shareholder Vote is scheduled for July 22, 2026.
Click here for more info https://monteverdelaw.com/case/avanos-medical-inc/. It is free and there is no cost or obligation to you.
NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:
Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much?
About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America [email protected]
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Assenagon Asset Management S.A. decreased its position in Avery Dennison Corporation (NYSE:AVY – Free Report) by 85.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 22,203 shares of the industrial products company’s stock after selling 126,823 shares during the period. Assenagon Asset Management S.A.’s holdings in Avery Dennison were worth $4,038,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Avery Dennison by 3.6% during the third quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after buying an additional 361,231 shares during the period. Wellington Management Group LLP boosted its position in Avery Dennison by 12.5% during the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock worth $942,039,000 after acquiring an additional 644,664 shares during the period. State Street Corp boosted its position in Avery Dennison by 0.6% during the 3rd quarter. State Street Corp now owns 3,667,474 shares of the industrial products company’s stock worth $594,754,000 after acquiring an additional 20,860 shares during the period. Ameriprise Financial Inc. grew its stake in Avery Dennison by 30.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after acquiring an additional 435,156 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Avery Dennison by 4.9% in the 3rd quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock valued at $269,180,000 after purchasing an additional 77,272 shares during the period. 94.17% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets Several research firms have weighed in on AVY. Citigroup upped their price objective on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. BMO Capital Markets upped their price target on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. increased their price objective on Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Finally, Truist Financial boosted their target price on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Avery Dennison has an average rating of “Moderate Buy” and a consensus target price of $208.45.
Get Our Latest Research Report on AVY
Avery Dennison Stock Down 0.1% Avery Dennison stock opened at $167.70 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $199.54. The firm’s fifty day simple moving average is $184.06 and its 200-day simple moving average is $177.04. The company has a market capitalization of $12.90 billion, a P/E ratio of 19.10, a P/E/G ratio of 3.00 and a beta of 0.97.
Avery Dennison (NYSE:AVY – Get Free Report) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.40 by $0.05. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the business posted $2.38 earnings per share. The business’s quarterly revenue was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Sell-side analysts forecast that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.
Avery Dennison Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is presently 42.82%.
Insider Activity at Avery Dennison In other news, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the transaction, the senior vice president owned 7,588 shares of the company’s stock, valued at $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mitchell R. Butier sold 13,000 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the completion of the sale, the director owned 198,147 shares of the company’s stock, valued at $33,982,210.50. The trade was a 6.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 34,156 shares of company stock valued at $5,930,150. Corporate insiders own 0.81% of the company’s stock.
Avery Dennison Profile (Free Report)
Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.
The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.
Read More Five stocks we like better than Avery Dennison Want to see what other hedge funds are holding AVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avery Dennison Corporation (NYSE:AVY – Free Report).
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MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced it will host its first quarter 2026 earnings conference call at 11:00 a.m. ET on Tuesday, April 28, 2026. The company's first quarter 2026 earnings release will be issued that morning at approximately 6:45 a.m. ET. The event will be webcast live, and the replay will be available on Avery Dennison's Investor Relations website (www.
Massachusetts Financial Services Co. MA increased its stake in shares of Avery Dennison Corporation (NYSE:AVY – Free Report) by 4.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,008,727 shares of the industrial products company’s stock after acquiring an additional 41,714 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.31% of Avery Dennison worth $183,467,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Portside Wealth Group LLC lifted its position in Avery Dennison by 4.7% during the 3rd quarter. Portside Wealth Group LLC now owns 1,340 shares of the industrial products company’s stock worth $217,000 after acquiring an additional 60 shares in the last quarter. Capital Investment Advisors LLC lifted its position in Avery Dennison by 3.4% during the 4th quarter. Capital Investment Advisors LLC now owns 1,838 shares of the industrial products company’s stock worth $334,000 after acquiring an additional 61 shares in the last quarter. Resources Management Corp CT ADV raised its position in shares of Avery Dennison by 0.8% in the 2nd quarter. Resources Management Corp CT ADV now owns 7,800 shares of the industrial products company’s stock valued at $1,369,000 after purchasing an additional 62 shares in the last quarter. Mather Group LLC. raised its position in shares of Avery Dennison by 3.6% in the 4th quarter. Mather Group LLC. now owns 1,860 shares of the industrial products company’s stock valued at $338,000 after purchasing an additional 64 shares in the last quarter. Finally, Arizona State Retirement System raised its position in shares of Avery Dennison by 0.3% in the 3rd quarter. Arizona State Retirement System now owns 23,151 shares of the industrial products company’s stock valued at $3,754,000 after purchasing an additional 71 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In A number of equities analysts have issued reports on the company. BMO Capital Markets upped their target price on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Citigroup upped their target price on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a research report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. upped their target price on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $207.42.
View Our Latest Stock Report on AVY
Avery Dennison Price Performance Shares of NYSE AVY opened at $171.04 on Monday. Avery Dennison Corporation has a twelve month low of $156.23 and a twelve month high of $199.54. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $13.16 billion, a price-to-earnings ratio of 19.48, a price-to-earnings-growth ratio of 2.82 and a beta of 1.00. The business has a 50 day simple moving average of $181.14 and a 200-day simple moving average of $177.51.
Avery Dennison (NYSE:AVY – Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the business earned $2.38 EPS. The business’s quarterly revenue was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, equities research analysts expect that Avery Dennison Corporation will post 9.96 earnings per share for the current year.
Avery Dennison Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, March 4th. Avery Dennison’s payout ratio is 42.82%.
Insider Buying and Selling In other news, SVP Ignacio J. Walker sold 1,156 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president directly owned 7,588 shares in the company, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mitchell R. Butier sold 13,000 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $171.50, for a total value of $2,229,500.00. Following the transaction, the director owned 198,147 shares of the company’s stock, valued at approximately $33,982,210.50. The trade was a 6.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,156 shares of company stock valued at $5,930,150 over the last quarter. Company insiders own 0.81% of the company’s stock.
About Avery Dennison (Free Report)
Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.
The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.
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Avery Dennison (AVY - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis maker of office products is expected to post quarterly earnings of $2.41 per share in its upcoming report, which represents a year-over-year change of +4.8%.
Revenues are expected to be $2.27 billion, up 5.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.16% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Avery Dennison?For Avery Dennison, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.25%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Avery Dennison will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Avery Dennison would post earnings of $2.4 per share when it actually produced earnings of $2.45, delivering a surprise of +2.08%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Avery Dennison doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
CPC Advisors LLC bought a new stake in Avery Dennison Corporation (NYSE:AVY – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,052 shares of the industrial products company’s stock, valued at approximately $1,464,000.
Other large investors have also modified their holdings of the company. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Avery Dennison in the third quarter valued at about $29,000. Bartlett & CO. Wealth Management LLC grew its stake in Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 169 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Avery Dennison during the 3rd quarter valued at approximately $36,000. CYBER HORNET ETFs LLC acquired a new stake in Avery Dennison during the 2nd quarter valued at approximately $37,000. Finally, True Wealth Design LLC grew its stake in Avery Dennison by 285.7% during the 4th quarter. True Wealth Design LLC now owns 216 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.
Analysts Set New Price Targets A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Raymond James Financial set a $192.00 price objective on Avery Dennison in a research note on Tuesday. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a research note on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. BMO Capital Markets raised their price objective on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. Finally, Citigroup lowered their price objective on Avery Dennison from $201.00 to $190.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $207.64.
Get Our Latest Stock Analysis on AVY
Insider Activity at Avery Dennison In other news, Director Mitchell R. Butier sold 20,000 shares of Avery Dennison stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total value of $3,477,600.00. Following the completion of the transaction, the director owned 211,147 shares in the company, valued at approximately $36,714,240.36. This trade represents a 8.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ignacio J. Walker sold 1,156 shares of Avery Dennison stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the transaction, the senior vice president owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 34,156 shares of company stock valued at $5,930,150. Insiders own 0.81% of the company’s stock.
Avery Dennison Price Performance Shares of AVY opened at $169.75 on Wednesday. The firm has a market cap of $13.06 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 2.84 and a beta of 1.00. The stock has a 50 day moving average of $178.35 and a 200-day moving average of $177.94. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. Avery Dennison Corporation has a 52 week low of $156.23 and a 52 week high of $199.54.
Avery Dennison (NYSE:AVY – Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.40 by $0.05. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The business’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, analysts forecast that Avery Dennison Corporation will post 10.1 EPS for the current year.
Avery Dennison Announces Dividend The company also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a $0.94 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $3.76 annualized dividend and a dividend yield of 2.2%. Avery Dennison’s dividend payout ratio (DPR) is presently 42.82%.
Avery Dennison Profile (Free Report)
Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.
The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.
Further Reading Five stocks we like better than Avery Dennison Want to see what other hedge funds are holding AVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avery Dennison Corporation (NYSE:AVY – Free Report).
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Key Takeaways Avery Dennison is set to report Q1'26 results, with revenues seen rising 5.7% and EPS up 4.7% y/y.AVY faces margin pressure from higher raw material, labor and freight costs despite productivity gains.The Materials and Solutions segments are expected to grow, though Solutions profits may decline due to costs. Avery Dennison Corporation (AVY - Free Report) is scheduled to report first-quarter 2026 results before the opening bell on April 28, 2026.
The Zacks Consensus Estimate for AVY’s first-quarter revenues is pegged at $2.27 billion, indicating a 5.7% rise from the year-ago reported figure.
Image Source: Zacks Investment Research
The consensus estimate for AVY’s earnings has moved down in the past 60 days. The consensus estimate is pegged at $2.41 per share, indicating a year-over-year rise of 4.7%.
AVY’s Earnings Surprise HistoryAvery Dennison’s earnings beat the Zacks Consensus Estimates in three of the trailing four quarters and missed in one, the average surprise being 1.3%.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for Avery DennisonOur proven model does not conclusively predict an earnings beat for AVY this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that is not the case here, as you can see below.
You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Earnings ESP: Avery Dennison has an Earnings ESP of -0.16%.
Zacks Rank: AVY currently carries a Zacks Rank #4 (Sell).
Factors Likely to Have Shaped AVY’s Q1 PerformanceAvery Dennison’s first-quarter results are likely to reflect improved volumes in both segments. However, higher raw material, labor and freight costs are expected to have impacted the company’s margins. The impacts are anticipated to have been offset by AVY’s productivity improvement and cost-saving actions.
Our model predicts the Materials Group segment’s revenues to rise 5.4% year over year in the quarter to $1.56 billion. The upside will be driven by growth in high-value categories, including Intelligent Labels, and growth in graphics and reflectives. Our estimate for the Materials Group segment’s adjusted operating profit is pinned at $237 million, indicating year-over-year growth of 3.1%.
High-value categories and productivity are expected to have aided the Solutions Group segment's growth. Our model predicts the Solutions Group segment’s revenues to be $701 million, indicating an increase of 4.9% from the prior-year quarter’s actual.
Our estimate for the segment’s operating profit is pinned at $65 million, implying a decrease of 4.3% from the year-ago quarter’s reported figure. Higher employee-related costs and growth
Investments are expected to have hurt margins.
Avery Dennison Stock’s Price PerformanceAVY shares have lost 1.5% in the past year compared with the industry’s decline of 11.1%.
Image Source: Zacks Investment Research
Stocks That Warrant a LookHere are some companies with the right combination of elements to post an earnings beat in their upcoming releases.
Hubbell Incorporated (HUBB - Free Report) , slated to release first-quarter 2026 results on April 30, has an Earnings ESP of +1.27% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Hubbell’s first-quarter 2026 earnings is pegged at $3.87 per share, suggesting a year-over-year rise of 10.6%. HUBB has a trailing four-quarter average surprise of 2.8%.
Deere & Company (DE - Free Report) , scheduled to release second-quarter fiscal 2026 results on May 21, has an Earnings ESP of +6.24% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for Deere’s second-quarter fiscal 2026 earnings is pegged at $5.80 per share, indicating a year-over-year dip of 12.6%. DE has a trailing four-quarter average surprise of 11.2%.
Illinois Tool Works Inc. (ITW - Free Report) , slated to release first-quarter 2026 results on April 30, has an Earnings ESP of +0.30% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for Illinois Tool Works’ first-quarter 2026 earnings is pegged at $2.55 per share, implying a year-over-year rise of 7.1%. ITW has a trailing four-quarter average surprise of 2.1%.
Cwm LLC increased its position in shares of Avery Dennison Corporation (NYSE:AVY – Free Report) by 88.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,604 shares of the industrial products company’s stock after purchasing an additional 6,367 shares during the quarter. Cwm LLC’s holdings in Avery Dennison were worth $2,474,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Bartlett & CO. Wealth Management LLC lifted its position in Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 169 shares during the period. Steigerwald Gordon & Koch Inc. bought a new position in Avery Dennison in the third quarter valued at approximately $29,000. CYBER HORNET ETFs LLC bought a new position in Avery Dennison in the second quarter valued at approximately $37,000. Sound Income Strategies LLC increased its stake in Avery Dennison by 51.1% in the fourth quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 72 shares during the last quarter. Finally, True Wealth Design LLC increased its stake in Avery Dennison by 285.7% in the fourth quarter. True Wealth Design LLC now owns 216 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 160 shares during the last quarter. Institutional investors own 94.17% of the company’s stock.
Insider Buying and Selling at Avery Dennison In other news, Director Mitchell R. Butier sold 20,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the completion of the transaction, the director owned 211,147 shares of the company’s stock, valued at approximately $36,714,240.36. This trade represents a 8.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at $1,464,104.60. The trade was a 13.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 34,156 shares of company stock valued at $5,930,150 in the last ninety days. Insiders own 0.81% of the company’s stock.
Analysts Set New Price Targets AVY has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft started coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. BMO Capital Markets upped their price objective on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. UBS Group dropped their price objective on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Avery Dennison has a consensus rating of “Moderate Buy” and a consensus target price of $207.11.
Get Our Latest Analysis on AVY
Avery Dennison Stock Down 1.2% Shares of AVY opened at $165.42 on Friday. Avery Dennison Corporation has a 52 week low of $156.23 and a 52 week high of $199.54. The stock has a market capitalization of $12.72 billion, a price-to-earnings ratio of 18.84, a PEG ratio of 2.77 and a beta of 1.00. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. The stock has a fifty day moving average of $176.66 and a 200-day moving average of $177.81.
Avery Dennison (NYSE:AVY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, sell-side analysts anticipate that Avery Dennison Corporation will post 10.07 earnings per share for the current fiscal year.
Avery Dennison Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Wednesday, March 4th. Avery Dennison’s payout ratio is 42.82%.
About Avery Dennison (Free Report)
Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.
The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.
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Brindle & Bay Financial Advisors LLC purchased a new stake in Avery Dennison Corporation (NYSE:AVY – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,300 shares of the industrial products company’s stock, valued at approximately $782,000.
Several other large investors have also modified their holdings of AVY. Vanguard Group Inc. increased its holdings in shares of Avery Dennison by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after acquiring an additional 361,231 shares during the last quarter. Johnson Investment Counsel Inc. increased its holdings in shares of Avery Dennison by 11.7% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 351,635 shares of the industrial products company’s stock valued at $57,025,000 after acquiring an additional 36,698 shares during the last quarter. Fieldview Capital Management LLC increased its holdings in shares of Avery Dennison by 412.7% in the 3rd quarter. Fieldview Capital Management LLC now owns 26,265 shares of the industrial products company’s stock valued at $4,259,000 after acquiring an additional 21,142 shares during the last quarter. WCM Investment Management LLC bought a new stake in shares of Avery Dennison in the 3rd quarter valued at approximately $2,785,000. Finally, CPC Advisors LLC bought a new stake in shares of Avery Dennison in the 4th quarter valued at approximately $1,464,000. Institutional investors and hedge funds own 94.17% of the company’s stock.
Analyst Upgrades and Downgrades A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. Truist Financial cut their price target on Avery Dennison from $233.00 to $223.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. JPMorgan Chase & Co. boosted their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, BMO Capital Markets increased their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and an average target price of $207.11.
View Our Latest Analysis on Avery Dennison
Avery Dennison Price Performance Shares of NYSE AVY opened at $165.42 on Friday. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $199.54. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The business’s fifty day moving average price is $176.66 and its two-hundred day moving average price is $177.92. The firm has a market capitalization of $12.72 billion, a PE ratio of 18.84, a P/E/G ratio of 2.77 and a beta of 1.00.
Avery Dennison (NYSE:AVY – Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.05. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period last year, the company earned $2.38 earnings per share. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, research analysts expect that Avery Dennison Corporation will post 10.07 EPS for the current year.
Avery Dennison Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 annualized dividend and a yield of 2.3%. Avery Dennison’s dividend payout ratio (DPR) is currently 42.82%.
Insider Buying and Selling at Avery Dennison In other news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mitchell R. Butier sold 20,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total value of $3,477,600.00. Following the transaction, the director directly owned 211,147 shares in the company, valued at $36,714,240.36. This trade represents a 8.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 34,156 shares of company stock valued at $5,930,150. Company insiders own 0.81% of the company’s stock.
Avery Dennison Profile (Free Report)
Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.
The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.
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MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE:AVY), a leading global materials science and digital identification solutions company, today announced preliminary, unaudited results for its first quarter ended March 31, 2026. Non-GAAP financial measures referenced in this release are reconciled from GAAP in the attached financial schedules. Unless otherwise indicated, comparisons are to the same period in the prior year. “We delivered strong first quarter results, with adjusted.
Avery Dennison (AVY - Free Report) came out with quarterly earnings of $2.47 per share, beating the Zacks Consensus Estimate of $2.41 per share. This compares to earnings of $2.3 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +2.60%. A quarter ago, it was expected that this maker of office products would post earnings of $2.4 per share when it actually produced earnings of $2.45, delivering a surprise of +2.08%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Avery Dennison, which belongs to the Zacks Containers - Paper and Packaging industry, posted revenues of $2.3 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.21%. This compares to year-ago revenues of $2.15 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Avery Dennison shares have lost about 9.3% since the beginning of the year versus the S&P 500's gain of 4.8%.
What's Next for Avery Dennison?While Avery Dennison has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Avery Dennison was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.58 on $2.31 billion in revenues for the coming quarter and $10.07 on $9.27 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Containers - Paper and Packaging is currently in the bottom 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, AptarGroup (ATR - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on April 30.
This maker of consumer-product dispensing systems is expected to post quarterly earnings of $1.15 per share in its upcoming report, which represents a year-over-year change of -4.2%. The consensus EPS estimate for the quarter has been revised 3% lower over the last 30 days to the current level.
AptarGroup's revenues are expected to be $964.39 million, up 8.7% from the year-ago quarter.
For the quarter ended March 2026, Avery Dennison (AVY - Free Report) reported revenue of $2.3 billion, up 7% over the same period last year. EPS came in at $2.47, compared to $2.30 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.27 billion, representing a surprise of +1.21%. The company delivered an EPS surprise of +2.6%, with the consensus EPS estimate being $2.41.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Avery Dennison performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Solutions Group: $649.2 million versus the two-analyst average estimate of $690.57 million. The reported number represents a year-over-year change of -2.8%.Net Sales- Materials Group: $1.65 billion versus the two-analyst average estimate of $1.57 billion. The reported number represents a year-over-year change of +11.4%.Adjusted Operating income (loss)- Corporate expense: $-23 million versus the two-analyst average estimate of $-21.05 million.Adjusted Operating income (loss)- Solutions Group: $58.5 million compared to the $69.08 million average estimate based on two analysts.Adjusted Operating income (loss)- Materials Group: $254.2 million versus the two-analyst average estimate of $239.56 million.View all Key Company Metrics for Avery Dennison here>>>
Shares of Avery Dennison have returned -1.9% over the past month versus the Zacks S&P 500 composite's +12.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Key Takeaways Avery Dennison Q1 EPS grow 7.4% and revenues rise 7% y/y.AVY benefited from volume gains and cost control, keeping margins steady despite currency headwinds.Avery Dennison saw strong Materials growth, while Solutions lagged and the free cash flow turned positive. Avery Dennison Corporation (AVY - Free Report) has posted adjusted earnings of $2.47 per share for the first quarter of 2026, rising 7.4% from the year-ago period and beating the Zacks Consensus Estimate of $2.41. Revenues came in at $2.298 billion, growing 7% year over year and surpassing the consensus mark of $2.271 billion by 1.2%.
The quarter featured modest organic growth and steady profitability. The company gained from volume-led performance and continued cost management.
Sales advanced 2.3% excluding currency, as a 4.7% foreign-currency headwind weighed on reported growth. Organic sales increased 1.1%, while acquisitions were a 1.2% drag on the quarter’s growth bridge. Our model expected organic sales to inch up 0.2%, and acquisitions to have a positive impact of 1%.
Avery Dennison Keeps Profitability SteadyGross profit was $664.8 million, up from $621.5 million a year ago, with the gross margin essentially steady at 28.9%. Operating income was $271.9 million, marking a year-over-year increase of 6.8%. The operating margin came in at 11.8% for the quarter compared with the prior-year quarter’s 11.9%.
Adjusted EBITDA was $376.5 million, which marked a year-over-year increase of 6.8%. The adjusted EBITDA margin came in at 16.4%, flat with the first quarter of 2025.
AVY’s Segments Diverge on Growth & MarginsMaterials Group delivered reported sales of $1.65 billion, up 11.4% year over year. Sales rose 3.6% excluding currency and 1.9% organically. We estimated revenues of $1.56 billion for this segment. Mid-single-digit volume/mix growth was partly offset by deflation-related price reductions. The segment’s adjusted operating profit increased 10.4% year over year to $254 million. Our estimate was $237 million.
Solutions Group sales were $649.2 million, down 2.8% year over year, with sales down 0.9% excluding currency and 0.9% organically. We estimated sales of $701 million for this segment. The company noted growth in higher-value categories, including Embelex and Vestcom, while Intelligent Labels and base categories were softer. The segment’s adjusted operating income dipped 14.2% year over year at $58.5 million. Our estimate was $65 million.
Avery Dennison’s Cash Flow Swing Is MeaningfulAVY generated an adjusted free cash flow of $104.4 million in the quarter, a sharp improvement from a negative $53.1 million in the year-ago period.
Capital returns remained active. The company returned $133 million to shareholders, including $72.3 million in dividends and $60.6 million in share repurchases, and noted that its share count at the quarter-end was down 1.9 million from a year ago (net of dilution from long-term incentive awards). Cash and cash equivalents ended at $255.1 million compared with 196 million in the prior-year quarter’s end. Net debt to adjusted EBITDA was 2.4X.
AVY’s Q2 ViewFor the second quarter of 2026, the company guided adjusted earnings to be $2.43-$2.53. The company expects reported sales growth of 2-4% and an organic sales increase of 0-2%.
Avery Dennison Stock’s Price PerformanceAVY shares have lost 1% in the past year compared with the industry’s decline of 10.4%. In comparison, the broader Zacks Industrial Products sector has returned 39.5% and the S&P 500 has grown 35.6%.
Image Source: Zacks Investment Research
AVY’s Zacks RankIndustrial Product Stocks Awaiting ResultsAptarGroup, Inc. (ATR - Free Report) is scheduled to release first-quarter 2026 results on April 30. The Zacks Consensus Estimate for ATR’s first-quarter 2026 earnings is pegged at $1.15 per share, indicating a year-over-year dip of 4.2%.
The consensus estimate for AptarGroup’s top line is pegged at $963 million, indicating an increase of 8.5% from the prior year’s actual. ATR has a trailing four-quarter average earnings surprise of 3.1%.
Silgan Holdings (SLGN - Free Report) is slated to release first-quarter 2026 results on April 29. The Zacks Consensus Estimate for SLGN’s first-quarter 2026 earnings is pegged at 74 cents per share, indicating a year-over-year dip of 9.8%.
The consensus estimate for Silgan’s top line is pegged at $1.49 billion, indicating an increase of 1.8% from the prior year’s actual. SLGN has a trailing four-quarter average earnings surprise of 1.8%.
Q1 Performance of a Packaging StockPackaging Corporation of America (PKG - Free Report) posted adjusted earnings of $2.40 per share in the first quarter of 2026, up 3.9% from $2.31 a year ago. Packaging Corp’s results beat the Zacks Consensus Estimate of $2.17 by 10.6%.
Net sales rose 10.6% year over year to $2.37 billion but missed the consensus mark of $2.41 billion by 1.9%. Favorable pricing and mix, along with lower fiber costs, supported Packaging Corp’s results, though special items weighed on reported profitability.
Avery Dennison Corp (AVY) Q1 2026 Earnings Call Highlights: Navigating Growth Amidst Challenges Avery Dennison Corp (AVY) reports a 7% increase in adjusted EPS and strategic investments, while addressing segment challenges and inflationary pressures. Summary
Organic Sales Growth: Up 1% in the first quarter.Adjusted EPS: Increased by 7% year-over-year to $2.47.Materials Group Sales Growth: Reported sales up 11%, organic sales up 2%.Solutions Group Sales: Decreased 3% reported, down 1% on an organic basis.Adjusted EBITDA Margin: 16.4% for the quarter.Adjusted Free Cash Flow: $104 million generated in the quarter.Net Debt to Adjusted EBITDA Ratio: 2.4 at quarter-end.Shareholder Returns: $133 million returned through dividends and share repurchases.Second Quarter Outlook: Expected organic sales growth of 0% to 2% and adjusted EPS range of $2.43 to $2.53.
Release Date: April 28, 2026
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points Avery Dennison Corp AVY reported a 7% year-over-year increase in adjusted EPS, demonstrating strong earnings growth.The company achieved a 1% organic sales growth, driven by mid-single-digit volume mix growth.Materials Group delivered an 11% reported sales growth, with organic sales up 2%, highlighting the strength of this segment.Avery Dennison Corp (AVY) successfully managed raw material inflation through strategic pricing and material re-engineering.The company made a significant $75 million investment in Williot, enhancing its intelligent labels platform and positioning it as a preferred partner in retail, food, and logistics. Negative Points Solutions Group reported a 3% decrease in sales, with organic sales down 1%, indicating challenges in this segment.Intelligent Labels sales were down low single-digits, slightly below growth expectations, due to softer logistics demand.High employee-related costs and lower base category volumes negatively impacted profitability in the Solutions Group.The company anticipates high-single-digit sequential inflation in the second quarter, posing a challenge to cost management.Avery Dennison Corp (AVY) experienced a temporary softness in certain high-value categories, affecting overall performance. Q & A Highlights Q: How did the Intelligent Labels segment perform relative to expectations, and what is the outlook for 2026?
A: The Intelligent Labels segment performed slightly below expectations in Q1, primarily due to logistics volume issues and inventory management for new chips. Despite this, growth is anticipated for the entire year, particularly in the second half, driven by new program ramps in food and apparel sectors.
Q: Can you elaborate on the revenue bridge for the quarter and the impact of pricing on future quarters?
A: For Q2, we expect low to mid-single-digit price impacts to offset inflationary pressures. Year-over-year, there is some carryover deflation affecting pricing. We anticipate a slight overall net price increase in Q2. High-value categories in materials faced idiosyncratic challenges but are expected to return to growth.
Q: Why is Q2 earnings guidance flat compared to Q1, despite typical seasonal strength?
A: The flat guidance is due to a $0.05 pre-buy benefit in Q1, creating a $0.10 swing into Q2. Seasonal benefits are offset by this pre-buy impact. We expect sequential earnings growth throughout the year, driven by productivity, share buybacks, and high-value category growth.
Q: What is the impact of the logistics segment's chip change and the recent investment in Wiliot?
A: The logistics segment's softness was mainly due to customer demand, with the chip change being a temporary issue. The investment in Wiliot enhances our Intelligent Labels platform, focusing on condition monitoring, and expands our market opportunities, particularly in food and pharmaceuticals.
Q: How are you managing pre-buying and ensuring supply chain stability?
A: We manage pre-buying by ensuring supply certainty and managing price increases. Our global scale and procurement excellence provide a competitive advantage in supply chain stability. Current pre-buying is at a much lower scale than in previous years, and we are closely monitoring inventory levels.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Key Takeaways AMCR Q3 revenues seen at $5.7B, up 70.9% y/y, with EPS projected at 96 cents, up 6.7%.Amcor faces weak demand and inventory cuts, though e-commerce and pricing gains support volumes.AMCR sees cost pressure from resin volatility and inflation; the Berry acquisition boosts segment sales. Amcor Plc (AMCR - Free Report) is scheduled to report third-quarter fiscal 2026 results on May 6, before the opening bell.
The Zacks Consensus Estimate for AMCR’s fiscal third-quarter revenues is pegged at $5.70 billion, indicating a 70.9% surge from the year-ago reported figure.
The consensus estimate for earnings is pegged at 96 cents per share. The consensus estimate indicates growth of 6.7% from the year-ago quarter's actual. The estimate has moved down 3% in the past 60 days.
Image Source: Zacks Investment Research
AMCR’s Earnings Surprise HistoryAmcor’s earnings met the Zacks Consensus Estimate in two of the trailing four quarters, beat in one and missed in one, the average negative surprise being 0.29%.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for AmcorOur proven model does not conclusively predict an earnings beat for Amcor this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
AMCR’s Earnings ESP: The Earnings ESP for Amcor is -0.95%.
Amcor’s Zacks Rank: The company currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Have Shaped AMCR’s Q3 PerformanceAmcor’s total volume had been bearing the brunt of weak consumer demand across its key markets due to the inflationary environment. Customers have also been lowering their inventory, which has impacted demand. Nonetheless, Amcor is expected to have gained from the rise in e-commerce activities worldwide.
We expect 3.7% growth in volumes in the fiscal third quarter. Overall price/mix benefits are expected to be a positive 1.6% for the quarter and currency impacts are likely to have added another 3.5%.
Amcor has been facing intermittent supply shortages and price volatility of certain resins and raw materials because of market dynamics and higher rates of inflation impacting other costs. The impacts of this are expected to be reflected in the company’s fiscal third-quarter earnings results.
Our Q3 Projections for Amcor’s SegmentsWe expect volume for the Global Flexible Packaging Solutions segment’s fiscal third quarter to be 3.6%. The price/mix is expected to be 1.7% and 3%, respectively. Our sales projection for the Global Flexible Packaging Solutions segment is pegged at $3.4 billion, indicating 30.5% year-over-year growth.
Our model estimates a 4% jump in volumes for the Global Rigid Packaging Solutions segment, a price/mix increase of 1.5% and a favorable currency impact of 5.3%. The sales projection for the segment is $2.3 billion, indicating a 221.8% year-over-year upsurge, including the positive impacts of the Berry Global acquisition, estimated at 210%.
AMCR’s Share Price PerformanceOver the past year, shares of Amcor have lost 13.4% compared with the industry’s 8.6% decline.
Image Source: Zacks Investment Research
Recent Earnings Performance of Amcor’s PeerAvery Dennison Corporation (AVY - Free Report) posted adjusted earnings of $2.47 per share for the first quarter of 2026, rising 7.4% from the year-ago period and beating the Zacks Consensus Estimate of $2.41. Avery Dennison’s revenues were $2.298 billion, growing 7% year over year and surpassing the consensus mark of $2.271 billion by 1.2%.
Sales advanced 2.3%, excluding currency, as a 4.7% foreign-currency headwind weighed on reported growth. Organic sales increased 1.1%, while acquisitions were a 1.2% drag on the quarter’s growth bridge.
Packaging Corporation of America (PKG - Free Report) posted adjusted earnings of $2.40 per share in the first quarter of 2026, up 3.9% from $2.31 a year ago. Packaging Corp’s results beat the Zacks Consensus Estimate of earnings $2.17 by 10.6%.
Net sales rose 10.6% year over year to $2.37 billion but missed the consensus mark of $2.41 billion by 1.9%. Favorable pricing and mix, along with lower fiber costs, supported Packaging Corp’s results, though special items weighed on reported profitability.
Packaging Stocks Awaiting ResultsKarat Packaging Inc. (KRT - Free Report) is set to release first-quarter 2026 results on May 7. The Zacks Consensus Estimate for Karat Packaging’s first-quarter 2026 earnings is pegged at 32 cents per share, suggesting a year-over-year decline of 3%. The consensus estimate for Karat Packaging’s revenues is pegged at $113 million, indicating a 9% increase from the prior-year quarter’s actual.
Avery Dennison delivered strong Q1 2026 results, with non-GAAP EPS of $2.47 and revenue of $2.3B, both exceeding expectations. The Materials segment drove performance, posting over $1.65B in revenue, up more than 11% year-over-year. AVY's stock experienced volatility, notably declining over 10% after significant insider selling by the Executive Chairman.
Key Takeaways Avery Dennison launched Clima Window Films in India for commercial and luxury residences.Clima films reflect solar heat, helping reduce cooling loads and improve energy efficiency.AVY's Clima range helps manage sunlight, reduce indoor heat, and improve occupant comfort. Avery Dennison Corporation (AVY - Free Report) has launched its Clima Architectural Window Films series in India for commercial and luxury residential buildings. The new range is designed to provide solar control and improve energy efficiency while maintaining the appearance of glass surfaces. The portfolio is aimed at helping architects and developers build energy-efficient buildings.
The Clima range includes four types of window films designed for different needs. Clima Vista keeps glass looking clear and natural while maintaining good visibility. Clima Fusion DR is designed to reduce heat and maintain clear views from indoors. Clima Sterling DR has a silver coating that blocks strong sunlight and helps keep indoor spaces cooler. Clima Ceramic uses advanced non-metal nano particles to reduce heat, offers strong durability, and does not interfere with mobile or digital signals.
Per AVY, the Clima series is made to help buildings deal with high temperatures and strong sunlight, especially in regions like India. The films work by reflecting solar heat, which helps keep indoor spaces cooler and reduces the load on air-conditioning systems. This also improves indoor comfort and supports more efficient energy usage.
The products can also block over 99% of harmful UV rays, which helps prevent furniture and interior items from fading or becoming discolored. They also reduce glare from screens and sunlight while keeping windows looking natural, improving overall comfort for people inside the building.
The Clima series offers solar control solutions that can help reduce heat buildup and improve comfort inside buildings. The product range is designed to address different building requirements while helping manage sunlight, reduce heat, and enhance indoor conditions.
Avery Dennison Stock’s Price PerformanceAVY shares have lost 11% in the past year compared with the industry’s 9.9% decline.
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AVY’s Zacks Rank & Stocks to ConsiderAvery Dennison currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the Industrial Products sector are W.W. Grainger, Inc. (GWW - Free Report) , Intellicheck, Inc. (IDN - Free Report) and MSA Safety Incorporated (MSA - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Grainger delivered an average trailing four-quarter earnings surprise of 4.21%. The Zacks Consensus Estimate for GWW’s 2026 earnings is pinned at $45.34 per share, which indicates a year-over-year increase of 14.84%. Grainger shares have risen 22.9% in a year.
Intellicheck delivered an average trailing four-quarter earnings surprise of 125%. The Zacks Consensus Estimate for IDN’s 2026 earnings is pinned at 17 cents per share, which indicates a year-over-year surge of 183.33%.
MSA Safety delivered an average trailing four-quarter earnings surprise of 6.16%. The Zacks Consensus Estimate for MSA’s 2026 earnings is pinned at $8.86 per share, which indicates a year-over-year increase of 11.73%.
ServisFirst Bancshares (NYSE: SFBS - Get Free Report) and Community Investors Bancorp (OTCMKTS:CIBN - Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership and risk. Analyst Recommendations This is a breakdown of
March 16, 2026 16:47 ET | Source: ServisFirst Bancshares, Inc.
BIRMINGHAM, Ala., March 16, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc., (NYSE: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announces: At a meeting held on March 16, 2026, its Board of Directors declared a quarterly cash dividend of $0.38 per share, payable on April 13, 2026, to stockholders of record as of April 1, 2026.
About ServisFirst Bancshares, Inc.
ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas and Virginia. Through the Bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions. ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbank.com.
More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbank.com or by calling (205) 949-0302.
Contact: ServisFirst Bank
Davis Mange (205) 949-3420 [email protected]
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Based in Birmingham, ServisFirst Bancshares (SFBS - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 3.8%. The holding company for ServisFirst Bank is paying out a dividend of $0.38 per share at the moment, with a dividend yield of 2.04% compared to the Financial - Savings and Loan industry's yield of 2.58% and the S&P 500's yield of 1.46%.
Looking at dividend growth, the company's current annualized dividend of $1.52 is up 13.4% from last year. Over the last 5 years, ServisFirst Bancshares has increased its dividend 5 times on a year-over-year basis for an average annual increase of 13.72%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. ServisFirst's current payout ratio is 26%, meaning it paid out 26% of its trailing 12-month EPS as dividend.
SFBS is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $6.40 per share, with earnings expected to increase 21.90% from the year ago period.
From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SFBS is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
BIRMINGHAM, Ala., March 25, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS) is scheduled to announce earnings and operating results for the quarter ended March 31, 2026 on April 20, 2026 at 4 p.m. ET. The news release will be available at www.servisfirstbancshares.com.
ServisFirst Bancshares, Inc. will host a live audio webcast to discuss earnings and results on Monday, April 20, 2026 beginning at 5:15 p.m. ET. The audio webcast can be accessed at www.servisfirstbancshares.com. A replay of the call will be available until April 30, 2026.
About ServisFirst Bancshares, Inc.
ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas, and Virginia. Through the bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions.
ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbancshares.com.
More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbancshares.com or by calling (205) 949-0302.
ServisFirst Bancshares, Inc. (NYSE:SFBS – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $93.6667.
Several analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of ServisFirst Bancshares in a research report on Monday, December 29th. Wall Street Zen raised shares of ServisFirst Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Hovde Group upped their target price on shares of ServisFirst Bancshares from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Raymond James Financial upgraded shares of ServisFirst Bancshares from an “outperform” rating to a “strong-buy” rating and set a $95.00 target price for the company in a research note on Wednesday, January 21st. Finally, Piper Sandler raised ServisFirst Bancshares from a “neutral” rating to an “overweight” rating and set a $89.00 price target on the stock in a report on Wednesday, January 21st.
Check Out Our Latest Stock Report on ServisFirst Bancshares
Institutional Inflows and Outflows A number of institutional investors have recently modified their holdings of the stock. Hantz Financial Services Inc. raised its stake in shares of ServisFirst Bancshares by 214.1% during the third quarter. Hantz Financial Services Inc. now owns 311 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 212 shares during the last quarter. Salomon & Ludwin LLC grew its position in ServisFirst Bancshares by 523.6% in the 4th quarter. Salomon & Ludwin LLC now owns 343 shares of the financial services provider’s stock valued at $25,000 after buying an additional 288 shares during the last quarter. State of Wyoming acquired a new position in ServisFirst Bancshares in the 2nd quarter valued at $29,000. Danske Bank A S acquired a new position in ServisFirst Bancshares in the 3rd quarter valued at $32,000. Finally, Fifth Third Bancorp raised its position in ServisFirst Bancshares by 105.1% during the 3rd quarter. Fifth Third Bancorp now owns 566 shares of the financial services provider’s stock worth $46,000 after buying an additional 290 shares during the last quarter. Institutional investors and hedge funds own 67.31% of the company’s stock.
ServisFirst Bancshares Trading Down 0.0% NYSE:SFBS opened at $73.11 on Tuesday. The stock’s 50 day moving average price is $79.69 and its 200 day moving average price is $76.74. The company has a market capitalization of $3.99 billion, a PE ratio of 14.45 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.02. ServisFirst Bancshares has a 52-week low of $66.48 and a 52-week high of $90.64.
ServisFirst Bancshares (NYSE:SFBS – Get Free Report) last released its quarterly earnings results on Tuesday, January 20th. The financial services provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.38 by $0.20. The company had revenue of $162.21 million for the quarter, compared to analyst estimates of $151.82 million. ServisFirst Bancshares had a return on equity of 16.36% and a net margin of 26.95%. On average, research analysts anticipate that ServisFirst Bancshares will post 5.17 EPS for the current year.
ServisFirst Bancshares Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 1st. ServisFirst Bancshares’s dividend payout ratio (DPR) is presently 30.04%.
About ServisFirst Bancshares (Get Free Report)
ServisFirst Bancshares, Inc is a bank holding company headquartered in Birmingham, Alabama, and the parent of ServisFirst Bank. The company specializes in commercial banking services, catering primarily to small and mid-sized businesses, professionals and entrepreneurs. Its product portfolio encompasses commercial real estate lending, commercial and industrial loans, deposit accounts, treasury management and other ancillary banking products designed to meet the financial needs of its clients.
ServisFirst Bank offers a full suite of deposit products, including interest-bearing checking, money market accounts and certificates of deposit, as well as a variety of loan products.
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The upcoming report from ServisFirst Bancshares (SFBS - Free Report) is expected to reveal quarterly earnings of $1.53 per share, indicating an increase of 31.9% compared to the year-ago period. Analysts forecast revenues of $163.36 million, representing an increase of 23.9% year over year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some ServisFirst metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Efficiency Ratio' to come in at 29.9%. Compared to the current estimate, the company reported 35.0% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Average Balance - Interest-earning Assets' of $17.61 billion. The estimate compares to the year-ago value of $17.19 billion.
The combined assessment of analysts suggests that 'Net Interest Income' will likely reach $153.04 million. The estimate is in contrast to the year-ago figure of $123.55 million.
According to the collective judgment of analysts, 'Total Non-interest income' should come in at $10.31 million. Compared to the present estimate, the company reported $8.28 million in the same quarter last year.
View all Key Company Metrics for ServisFirst here>>>
ServisFirst shares have witnessed a change of +6.6% in the past month, in contrast to the Zacks S&P 500 composite's +5.2% move. With a Zacks Rank #3 (Hold), SFBS is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
Headquartered in Birmingham, ServisFirst Bancshares (SFBS - Free Report) is a Finance stock that has seen a price change of 5.67% so far this year. The holding company for ServisFirst Bank is currently shelling out a dividend of $0.38 per share, with a dividend yield of 2%. This compares to the Financial - Savings and Loan industry's yield of 2.58% and the S&P 500's yield of 1.39%.
Looking at dividend growth, the company's current annualized dividend of $1.52 is up 13.4% from last year. Over the last 5 years, ServisFirst Bancshares has increased its dividend 5 times on a year-over-year basis for an average annual increase of 13.72%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. ServisFirst's current payout ratio is 26%, meaning it paid out 26% of its trailing 12-month EPS as dividend.
Earnings growth looks solid for SFBS for this fiscal year. The Zacks Consensus Estimate for 2026 is $6.40 per share, which represents a year-over-year growth rate of 21.90%.
Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SFBS is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
BIRMINGHAM, Ala., April 20, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended March 31, 2026.
First Quarter 2026 Highlights:
Diluted earnings per share of $1.52 for the quarter, up 31% from the first quarter of 2025. Diluted earnings per share includes the impact of a $1.0 million, or $0.02 per share, accounting reversal related to BOLI income in the fourth quarter of 2025. Excluding this impact, diluted earnings per share would have been $1.54, a 33% increase from the first quarter of 2025.Net interest margin of 3.53%, up 15 basis points from the fourth quarter of 2025 and 61 basis points from the first quarter of 2025.Efficiency ratio under 30%, down from 35% in the first quarter of 2025.Cost of interest-bearing deposits of 2.79%, down 22 basis points from the fourth quarter of 2025 and 61 basis points from the first quarter of 2025.Loans grew $249 million, or 7% annualized, during the quarter.Deposits grew $268 million, or 8% annualized, during the quarter.Book value per share of $34.99, up 13.4% annualized from the fourth quarter of 2025 and 14.5% from the first quarter of 2025.Liquidity remains strong with $1.84 billion in cash and cash equivalents, equaling 10% of our total assets, and no FHLB advances or brokered deposits. Consolidated common equity tier 1 capital to risk-weighted assets increased from 11.48% in the first quarter of 2025 to 11.86% in the first quarter of 2026.Return on average common stockholder’s equity increased from 15.63% to 17.91% year-over-year.
Tom Broughton, Chairman, President, and CEO, said, “The outlook for loan and deposit growth for the remainder of the year is very positive and we believe we have the best commercial bankers in the Southeast.”
David Sparacio, CFO, said, “We delivered another quarter of stellar results from a net income perspective. Compared with the same quarter a year ago, our net income increased 31%, and for the second consecutive quarter, our efficiency ratio was below 30%. We continue to see margin expansion and net income growth, which resulted in a 1.89% Return on Average Assets, despite robust hiring in our new Houston market late last year.”
* This press release includes certain non-GAAP financial measures: tangible common stockholders' equity, total tangible assets, tangible book value per share, and tangible common equity to total tangible assets. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.”
FINANCIAL SUMMARY (UNAUDITED)
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31, 2026 QUARTERLY OPERATING RESULTS Net Income $82,971 $86,384 (4.0)% $63,224 31.2 % Net Income Available to Common Stockholders $82,971 $86,353 (3.9)% $63,224 31.2 % Diluted Earnings Per Share $1.52 $1.58 (3.8)% $1.16 31.0 % Return on Average Assets 1.89% 1.91% 1.45% Return on Average Common Stockholders' Equity 17.91% 18.93% 15.63% Average Diluted Shares Outstanding 54,695,017 54,675,802 54,656,630 BALANCE SHEET Total Assets $18,171,287 $17,727,190 2.5 % $18,636,766 (2.5)% Loans 13,945,913 13,696,912 1.8 % 12,886,831 8.2 % Non-interest-bearing Demand Deposits 2,836,622 2,684,272 5.7 % 2,647,577 7.1 % Total Deposits 14,486,364 14,219,034 1.9 % 14,429,061 0.4 % Stockholders' Equity 1,912,537 1,850,347 3.4 % 1,668,900 14.6 % DETAILED FINANCIALS
ServisFirst Bancshares, Inc. reported net income and net income available to common stockholders of $83.0 million, $86.4 million, and $63.2 million for the first quarter of 2026, fourth quarter of 2025, and first quarter of 2025, respectively. Basic and diluted earnings per common share were both $1.52 in the first quarter of 2026, compared to $1.58 in the fourth quarter of 2025 and $1.16 in the first quarter of 2025.
Annualized return on average assets was 1.89% and annualized return on average common stockholders’ equity was 17.91% for the first quarter of 2026, compared to 1.45% and 15.63%, respectively, for the first quarter of 2025.
Net interest income was $148.1 million for the first quarter of 2026, compared to $146.5 million for the fourth quarter of 2025 and $123.6 million for the first quarter of 2025. The net interest margin in the first quarter of 2026 was 3.53% compared to 3.38% in the fourth quarter of 2025 and 2.92% in the first quarter of 2025. Loan yields were 6.18% during the first quarter of 2026 compared to 6.29% during the fourth quarter of 2025 and 6.28% during the first quarter of 2025. Investment yields were 3.78% during the first quarter of 2026 compared to 3.77% during the fourth quarter of 2025, and 3.31% during the first quarter of 2025. Average interest-bearing deposit rates were 2.79% during the first quarter of 2026, compared to 3.01% during the fourth quarter of 2025 and 3.40% during the first quarter of 2025. Average federal funds purchased rates were 3.74% during the first quarter of 2026, compared to 4.01% during the fourth quarter of 2025 and 4.50% during the first quarter of 2025. During the fourth quarter of 2025, the Company redeemed its $30 million 4.5% Subordinated Notes due November 2027.
Average loans for the first quarter of 2026 were $13.78 billion, an increase of $279.5 million, or 8.4% annualized, from average loans of $13.50 billion for the fourth quarter of 2025, and an increase of $1.08 billion, or 8.5%, from average loans of $12.71 billion for the first quarter of 2025. Ending total loans for the first quarter of 2026 were $13.95 billion, an increase of $249.0 million, or 7.4% annualized, from $13.70 billion for the fourth quarter of 2025, and an increase of $1.06 billion, or 8.2%, from $12.89 billion for the first quarter of 2025.
Average total deposits for the first quarter of 2026 were $14.13 billion, a decrease of $84.6 million, or 2.4% annualized, from average total deposits of $14.21 billion for the fourth quarter of 2025, and an increase of $236.9 million, or 1.7%, from average total deposits of $13.89 billion for the first quarter of 2025. Ending total deposits for the first quarter of 2026 were $14.49 billion, an increase of $267.3 million, or 7.6% annualized, from $14.22 billion for the fourth quarter of 2025, and an increase of $57.3 million, or 0.4%, from $14.43 billion for the first quarter of 2025.
Non-performing assets to total assets were 1.00% for the first quarter of 2026, compared to 0.97% for the fourth quarter of 2025 and 0.40% for the first quarter of 2025. The year-over-year increase was attributable to a large real-estate secured relationship. Annualized net charge-offs to average loans were 0.25% for the first quarter of 2026, compared to 0.20% for the fourth quarter of 2025 and 0.19% for the first quarter of 2025. During the first quarter of 2026, we recorded a $6.7 million charge-off related to a long-standing impaired relationship. The allowance for credit losses to total loans at March 31, 2026, December 31, 2025, and March 31, 2025, was 1.25%, 1.25%, and 1.28%, respectively. We recorded a $10.6 million provision for credit losses in the first quarter of 2026 compared to $8.1 million in the fourth quarter of 2025, and $6.5 million in the first quarter of 2025.
Non-interest income increased $2.6 million, or 31.0%, to $10.8 million for the first quarter of 2026 from $8.3 million in the first quarter of 2025, and decreased $4.9 million, or 30.9%, on a linked quarter basis. Service charges on deposit accounts increased $738,000, or 28.9%, to $3.3 million for the first quarter of 2026 from $2.6 million in the first quarter of 2025, and were relatively flat, on a linked quarter basis. We increased our service charge rates on many of our treasury management products in July of 2025. Mortgage banking revenue increased $1.3 million, or 208.6%, to $1.9 million for the first quarter of 2026 from $613,000 in the first quarter of 2025, and increased $228,000, or 13.7%, on a linked quarter basis. The increase on a year-over year basis was primarily due to an increase in loans sold into the secondary market. We also increased our per-loan administrative fee in the first quarter of 2026. Credit card income increased $234,000, or 11.9%, to $2.2 million for the first quarter of 2026 from $2.0 million in the first quarter of 2025, and increased $367,000, or 20.0%, on a linked quarter basis. Bank-owned life insurance (“BOLI”) income increased $685,000, or 32.1%, to $2.8 million for the first quarter of 2026 from $2.1 million in the first quarter of 2025, and decreased $5.3 million, or 65.4%, on a linked quarter basis. The decrease on a linked quarter basis was due to a death benefit received in the fourth quarter of 2025, as well as a $1.0 million, or $.02 per share, reduction in the first quarter of 2026 arising due to an adjustment of the amount in the fourth quarter of 2025. Other operating income decreased $373,000, or 37.3%, to $628,000 for the first quarter of 2026 from $1.0 million in the first quarter of 2025, and decreased $76,000, or 10.8%, on a linked quarter basis.
Non-interest expense increased $1.3 million, or 2.8%, to $47.4 million for the first quarter of 2026 from $46.1 million in the first quarter of 2025, and increased $701,000, or 1.5%, on a linked quarter basis. Salary and benefit expense increased $4.0 million, or 17.4%, to $26.9 million for the first quarter of 2026 from $22.9 million in the first quarter of 2025, and increased $3.0 million, or 12.6%, on a linked quarter basis, primarily due to the full impact of our Houston market expansion and seasonally higher payroll taxes during the first quarter of 2026. The number of full-time equivalent employees increased by 32 (of which, 24 are frontline), or 5.0%, to 668 at March 31, 2026 compared to 636 at March 31, 2025, and increased by 2 from the end of the fourth quarter of 2025. Equipment and occupancy expense increased $226,000, or 6.1%, to $3.9 million for the first quarter of 2026 from $3.7 million in the first quarter of 2025, and increased $211,000, or 5.6%, on a linked quarter basis. Third party processing and other services expense decreased $213,000, or 2.8%, to $7.5 million for the first quarter of 2026 from $7.7 million in the first quarter of 2025, and decreased $254,000, or 3.3%, on a linked quarter basis. Professional services expense increased $10,000, or 0.5%, to $1.9 million for the first quarter of 2026 from $1.9 million in the first quarter of 2025, and increased $462,000, or 31.2%, on a linked quarter basis. Other operating expenses decreased $2.6 million, or 37.4%, to $4.4 million for the first quarter of 2026 from $6.9 million in the first quarter of 2025, and decreased $2.8 million, or 39.5%, on a linked quarter basis. The efficiency ratio was 29.80% during the first quarter of 2026 compared to 34.97% during the first quarter of 2025 and 28.78% during the fourth quarter of 2025.
Income tax expense increased $2.1 million, or 13.4%, to $18.0 million in the first quarter of 2026, compared to $15.9 million in the first quarter of 2025, and decreased $3.2 million, or 15.2%, on a linked quarter basis. Our effective tax rate was 17.82% for the first quarter of 2026 compared to 20.06% for the first quarter of 2025, and 19.72% on a linked quarter basis. During the first quarter of 2026, we purchased Investment Tax Credits, which reduced our tax expense. We recognized a reduction in provision for income taxes resulting from excess tax benefits from the exercise and vesting of stock options and restricted stock during the first quarters of 2026 and 2025 of $229,000 and $470,000, respectively.
About ServisFirst Bancshares, Inc.
ServisFirst Bancshares, Inc. (the “Company”) is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank (the “Bank”), the Company provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas and Virginia. Through the Bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions.
ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbancshares.com.
Statements in this press release that are not historical facts, including, but not limited to, statements concerning future operations, results or performance, are hereby identified as “forward-looking statements” for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended (the “Securities Act”). The words “believe,” “expect,” “anticipate,” “project,” “plan,” “intend,” “will,” “could,” “would,” “might” and similar expressions often signify forward-looking statements. Such statements involve inherent risks and uncertainties. The Company cautions that such forward-looking statements, wherever they occur in this press release or in other statements attributable to the Company, are necessarily estimates reflecting the judgment of the Company’s senior management and involve risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Such forward-looking statements should, therefore, be considered in light of various factors that could affect the accuracy of such forward-looking statements, including, but not limited to: general economic conditions, especially in the credit markets and in the Southeast; the impact of tariffs and trade wars on general economic conditions, the performance of the capital markets; changes in interest rates, yield curves and interest rate spread relationships; changes in accounting principles and tax laws, policies or guidelines; changes in legislation or regulatory requirements; changes in our loan portfolio and the deposit base; possible changes in laws and regulations and governmental monetary and fiscal policies, including, but not limited to, the Federal Reserve policies in connection with continued or re-emerging inflationary pressures and the ability of the U.S. Congress to increase the U.S. statutory debt limit as needed; computer hacking or cyber-attacks resulting in unauthorized access to confidential or proprietary information; substantial, unexpected or prolonged changes in the level or cost of liquidity; the cost and other effects of legal and administrative cases and similar contingencies; possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and the value of collateral; the effect of natural disasters, such as hurricanes and tornados, in our geographic markets; the threat of foreign wars; and increased competition from both banks and nonbank financial institutions. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K, our subsequent Quarterly Reports on Form 10-Q and our other SEC filings. If one or more of the factors affecting our forward-looking information and statements proves incorrect, then our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements. Accordingly, you should not place undue reliance on any forward-looking statements, which speak only as of the date made. The Company assumes no obligation to update or revise any forward-looking statements that are made from time to time.
More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbancshares.com or by calling (205) 949-0302.
SELECTED FINANCIAL HIGHLIGHTS (UNAUDITED) (In thousands except share and per share data) 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025 CONSOLIDATED STATEMENT OF INCOME Interest income $241,480 $251,388 $251,308 $246,635 $241,096 Interest expense 93,332 104,867 117,860 114,948 117,543 Net interest income 148,148 146,521 133,448 131,687 123,553 Provision for credit losses 10,637 7,922 9,463 11,296 6,630 Net interest income after provision for credit losses 137,511 138,599 123,985 120,391 116,923 Non-interest income 10,840 15,691 2,833 421 8,277 Non-interest expense 47,384 46,683 47,996 44,204 46,107 Income before income tax 100,967 107,607 78,822 76,608 79,093 Provision for income tax 17,996 21,223 13,251 15,184 15,869 Net income 82,971 86,384 65,571 61,424 63,224 Preferred stock dividends - 31 - 31 - Net income available to common stockholders $82,971 $86,353 $65,571 $61,393 $63,224 Earnings per share - basic $1.52 $1.58 $1.20 $1.12 $1.16 Earnings per share - diluted $1.52 $1.58 $1.20 $1.12 $1.16 Average diluted shares outstanding 54,695,017 54,675,802 54,667,955 54,664,480 54,656,630 CONSOLIDATED BALANCE SHEET DATA Total assets $18,171,287 $17,727,190 $17,584,199 $17,378,628 $18,636,766 Loans 13,945,913 13,696,912 13,311,967 13,232,560 12,886,831 Debt securities 1,684,421 1,728,901 1,849,739 1,914,503 1,905,550 Non-interest-bearing demand deposits 2,836,622 2,684,272 2,598,895 2,632,058 2,647,577 Total deposits 14,486,364 14,219,034 14,106,922 13,862,319 14,429,061 Borrowings 34,750 34,750 64,750 64,747 64,745 Stockholders' equity 1,912,537 1,850,347 1,781,647 1,721,783 1,668,900 Shares outstanding 54,663,123 54,624,955 54,621,441 54,618,545 54,601,217 Book value per share $34.99 $33.87 $32.62 $31.52 $30.57 Tangible book value per share (1) $34.74 $33.62 $32.37 $31.27 $30.32 SELECTED FINANCIAL RATIOS (Annualized) Net interest margin 3.53% 3.38% 3.09% 3.10% 2.92% Return on average assets 1.89% 1.91% 1.47% 1.40% 1.45% Return on average common stockholders' equity 17.91% 18.93% 14.88% 14.56% 15.63% Efficiency ratio 29.80% 28.78% 35.22% 33.46% 34.97% Non-interest expense to average earning assets 1.13% 1.08% 1.11% 1.04% 1.09% CAPITAL RATIOS (2) Common equity tier 1 capital to risk-weighted assets 11.86% 11.65% 11.49% 11.38% 11.48% Tier 1 capital to risk-weighted assets 11.87% 11.66% 11.50% 11.38% 11.48% Total capital to risk-weighted assets 13.13% 12.93% 12.91% 12.81% 12.93% Tier 1 capital to average assets 10.71% 10.26% 10.01% 9.78% 9.48% Tangible common equity to total tangible assets (1) 10.46% 10.37% 10.06% 9.84% 8.89% (1) This press release contains certain non-GAAP financial measures. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.” (2) Regulatory capital ratios for most recent period are preliminary. GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures
This press release contains the non-GAAP financial measures of tangible common stockholders’ equity, total tangible assets, tangible book value per share and tangible common equity to total tangible assets, each of which excludes goodwill associated with our acquisition of Metro Bancshares, Inc. in January 2015.
We believe these non-GAAP financial measures provide useful information to management and investors that is supplementary to our financial condition, results of operations and cash flows computed in accordance with GAAP; however, we acknowledge that these non-GAAP financial measures have limitations. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non-GAAP financial measures that other companies, including those in our industry, use. The following reconciliation table provides a more detailed analysis of the non-GAAP financial measures as of and for the comparative periods presented in this press release. Dollars are in thousands, except share and per share data.
At March 31, 2026 At December 31,
2025 At September 30,
2025 At June 30,
2025 At March 31,
2025 Book value per share - GAAP$34.99 $33.87 $32.62 $31.52 $30.57 Total common stockholders' equity - GAAP 1,912,537 1,850,347 1,781,647 1,721,783 1,668,900 Adjustment for Goodwill (13,615) (13,615) (13,615) (13,615) (13,615) Tangible common stockholders' equity - non-GAAP$1,898,922 $1,836,732 $1,768,032 $1,708,168 $1,655,285 Tangible book value per share - non-GAAP$34.74 $33.62 $32.37 $31.27 $30.32 Stockholders' equity to total assets - GAAP 10.53 % 10.44 % 10.13 % 9.91 % 8.95 % Total assets - GAAP$18,171,287 $17,727,190 $17,584,199 $17,378,628 $18,636,766 Adjustment for Goodwill (13,615) (13,615) (13,615) (13,615) (13,615) Total tangible assets - non-GAAP$18,157,672 $17,713,575 $17,570,584 $17,365,013 $18,623,151 Tangible common equity to total tangible assets - non-GAAP 10.46 % 10.37 % 10.06 % 9.84 % 8.89 % CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Dollars in thousands) March 31,
2026 March 31,
2025 % Change ASSETS Cash and due from banks $100,561 $121,645 (17)% Interest-bearing balances due from depository institutions 1,218,296 3,218,753 (62)% Federal funds sold and securities purchased with agreement to resell 517,765 9,322 5,454 % Cash and cash equivalents 1,836,622 3,349,720 (45)% Available for sale debt securities, at fair value 1,037,151 1,203,837 (14)% Held to maturity debt securities (fair value of $602,476 and $639,455, respectively) 647,270 701,713 (8)% Restricted equity securities 12,466 12,156 3 % Mortgage loans held for sale 12,893 11,386 13 % Loans 13,945,913 12,886,831 8 % Less allowance for credit losses (173,905) (165,034) 5 % Loans, net 13,772,008 12,721,797 8 % Premises and equipment, net 62,056 59,431 4 % Goodwill 13,615 13,615 - % Other assets 777,206 563,111 38 % Total assets $18,171,287 $18,636,766 (2)% LIABILITIES AND STOCKHOLDERS' EQUITY Liabilities: Deposits: Non-interest-bearing demand $2,836,622 $2,647,577 7 % Interest-bearing 11,649,742 11,781,484 (1)% Total deposits 14,486,364 14,429,061 - % Federal funds purchased 1,546,987 2,358,326 (34)% Other borrowings 34,750 64,745 (46)% Other liabilities 190,649 115,734 65 % Total liabilities 16,258,750 16,967,866 (4)% Stockholders' equity: Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at March 31, 2026 and March 31, 2025 - - - % Common stock, par value $0.001 per share; 200,000,000 shares authorized; 54,663,123 shares issued and outstanding at March 31, 2026, and 54,601,217 shares issued and outstanding at March 31, 2025 55 54 2 % Additional paid-in capital 238,644 235,840 1 % Retained earnings 1,676,013 1,457,614 15 % Accumulated other comprehensive loss (2,675) (25,108) (89)% Total stockholders' equity attributable to ServisFirst Bancshares, Inc. 1,912,037 1,668,400 15 % Noncontrolling interest 500 500 - % Total stockholders' equity 1,912,537 1,668,900 15 % Total liabilities and stockholders' equity $18,171,287 $18,636,766 (2)% CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (In thousands except per share data) Three Months Ended March
31, 2026 2025 Interest income: Interest and fees on loans $210,066 $196,936 Investment Securities 16,099 16,029 Federal funds sold and securities purchased with agreement to resell 5,561 20 Other interest and dividends 9,754 28,111 Total interest income 241,480 241,096 Interest expense: Deposits 78,285 94,745 Borrowed funds 15,047 22,798 Total interest expense 93,332 117,543 Net interest income 148,148 123,553 Provision for credit losses 10,637 6,630 Net interest income after provision for credit losses 137,511 116,923 Noninterest income: Service charges on deposit accounts 3,296 2,558 Mortgage banking 1,892 613 Credit card income 2,202 1,968 Bank-owned life insurance income 2,822 2,137 Other operating income 628 1,001 Total noninterest income 10,840 8,277 Noninterest expenses: Salaries and employee benefits 26,853 22,879 Equipment and occupancy expense 3,948 3,722 Third party processing and other services 7,525 7,738 Professional services 1,943 1,933 FDIC and other regulatory assessments 2,745 2,854 Other real estate owned expense 20 33 Other operating expenses 4,350 6,948 Total noninterest expenses 47,384 46,107 Income before income taxes 100,967 79,093 Provision for income taxes 17,996 15,869 Net income 82,971 63,224 Dividends on preferred stock - - Net income available to common stockholders $82,971 $63,224 Basic earnings per common share $1.52 $1.16 Diluted earnings per common share $1.52 $1.16 LOANS BY TYPE (UNAUDITED) (In thousands) 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025Commercial, financial and agricultural $3,189,704 $3,146,736 $2,945,784 $2,966,191 $2,924,533Real estate - construction 1,531,042 1,457,628 1,532,285 1,735,405 1,599,410Real estate - mortgage: Owner-occupied commercial 2,718,512 2,739,823 2,680,055 2,557,711 2,543,8191-4 family mortgage 1,695,140 1,671,713 1,625,296 1,561,461 1,494,189Non-owner occupied commercial 4,739,642 4,603,389 4,448,710 4,338,697 4,259,566Subtotal: Real estate - mortgage 9,153,294 9,014,925 8,754,061 8,457,869 8,297,574Consumer 71,873 77,623 79,837 73,095 65,314Total loans $13,945,913 $13,696,912 $13,311,967 $13,232,560 $12,886,831 SUMMARY OF CREDIT LOSS EXPERIENCE (UNAUDITED) (Dollars in thousands) 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025Allowance for credit losses: Beginning balance$171,683 $170,235 $169,959 $165,034 $164,458 Loans charged off: Commercial, financial and agricultural 8,291 7,695 7,947 6,849 2,415 Real estate - construction - - - - 46 Real estate - mortgage 91 64 1,294 580 3,571 Consumer 171 466 110 73 60 Total charge offs 8,553 8,224 9,350 7,502 6,092 Recoveries: Commercial, financial and agricultural 178 1,532 237 959 171 Real estate - construction - - 30 - - Real estate - mortgage - - - 1 - Consumer 35 10 21 58 27 Total recoveries 213 1,542 288 1,018 198 Net charge-offs 8,340 6,682 9,062 6,484 5,894 Provision for credit losses 10,562 8,130 9,338 11,409 6,470 Ending balance$173,905 $171,683 $170,235 $169,959 $165,034 Allowance for credit losses to total loans 1.25% 1.25% 1.28% 1.28% 1.28% Allowance for credit losses to total average loans 1.26% 1.27% 1.29% 1.31% 1.30%Net charge-offs to total average loans 0.25% 0.20% 0.27% 0.20% 0.19% Provision for credit losses to total average loans 0.31% 0.24% 0.28% 0.35% 0.21%Nonperforming assets: Nonaccrual loans$176,613 $168,351 $166,662 $68,619 $73,793 Loans 90+ days past due and accruing 1,274 478 965 3,549 111 Other real estate owned and repossessed assets 3,072 2,583 611 311 756 Total$180,959 $171,412 $168,238 $72,479 $74,660 Nonperforming loans to total loans 1.28% 1.23% 1.26% 0.55% 0.57%Nonperforming assets to total assets 1.00% 0.97% 0.96% 0.42% 0.40%Nonperforming assets to earning assets 1.05% 1.01% 1.00% 0.43% 0.41%Allowance for credit losses to nonaccrual loans 98.47% 101.98% 102.14% 247.69% 223.64% CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (In thousands except per share data) 1st Quarter
2026 4th Quarter
2025 3rd Quarter
2025 2nd Quarter
2025 1st Quarter
2025 Interest income: Interest and fees on loans $210,066 $214,252 $210,987 $206,521 $196,936 Investment Securities 16,099 17,204 17,343 16,567 16,029 Federal funds sold and securities purchased with agreement to resell 5,561 5,671 4,724 1,592 20 Other interest and dividends 9,754 14,261 18,254 21,955 28,111 Total interest income 241,480 251,388 251,308 246,635 241,096 Interest expense: Deposits 78,285 86,920 98,735 93,488 94,745 Borrowed funds 15,047 17,947 19,125 21,460 22,798 Total interest expense 93,332 104,867 117,860 114,948 117,543 Net interest income 148,148 146,521 133,448 131,687 123,553 Provision for credit losses 10,637 7,922 9,463 11,296 6,630 Net interest income after provision for credit losses 137,511 138,599 123,985 120,391 116,923 Noninterest income: Service charges on deposit accounts 3,296 3,339 3,316 2,671 2,558 Mortgage banking 1,892 1,664 1,864 1,323 613 Credit card income 2,202 1,835 2,405 2,119 1,968 Securities losses - - (7,812) (8,563) - Bank-owned life insurance income 2,822 8,149 2,405 2,126 2,137 Other operating income 628 704 655 745 1,001 Total noninterest income 10,840 15,691 2,833 421 8,277 Noninterest expenses: Salaries and employee benefits 26,853 23,838 25,522 22,576 22,879 Equipment and occupancy expense 3,948 3,737 3,615 3,523 3,722 Third party processing and other services 7,525 7,779 8,095 8,005 7,738 Professional services 1,943 1,481 1,857 1,904 1,933 FDIC and other regulatory assessments 2,745 2,641 2,742 2,753 2,854 Other real estate owned expense 20 13 82 27 33 Other operating expenses 4,350 7,194 6,083 5,416 6,948 Total noninterest expenses 47,384 46,683 47,996 44,204 46,107 Income before income taxes 100,967 107,607 78,822 76,608 79,093 Provision for income taxes 17,996 21,223 13,251 15,184 15,869 Net income 82,971 86,384 65,571 61,424 63,224 Dividends on preferred stock - 31 - 31 - Net income available to common stockholders $82,971 $86,353 $65,571 $61,393 $63,224 Basic earnings per common share $1.52 $1.58 $1.20 $1.12 $1.16 Diluted earnings per common share $1.52 $1.58 $1.20 $1.12 $1.16 AVERAGE BALANCE SHEETS AND NET INTEREST ANALYSIS (UNAUDITED) ON A FULLY TAXABLE-EQUIVALENT BASIS (Dollars in thousands) 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025 Average Balance Yield /
Rate Average Balance Yield /
Rate Average Balance Yield /
Rate Average Balance Yield /
Rate Average Balance Yield /
Rate Assets: Interest-earning assets: Loans, net of unearned income (1) Taxable $13,751,447 6.18% $13,474,271 6.30% $13,175,297 6.34% $12,979,759 6.37% $12,683,077 6.29% Tax-exempt (2) 32,976 5.82 30,670 5.52 30,478 5.47 30,346 5.51 25,044 4.94 Total loans, net of unearned income 13,784,423 6.18 13,504,941 6.29 13,205,775 6.34 13,010,105 6.37 12,708,121 6.28 Mortgage loans held for sale 10,680 4.40 9,887 4.49 11,351 4.82 11,739 5.23 6,731 4.76 Debt securities: Taxable 1,702,499 3.78 1,826,632 3.77 1,926,101 3.60 1,965,089 3.37 1,934,739 3.31 Tax-exempt (2) 444 5.41 444 5.41 444 5.41 492 4.88 589 5.43 Total securities (3) 1,702,943 3.78 1,827,076 3.77 1,926,545 3.60 1,965,581 3.37 1,935,328 3.31 Federal funds sold and securities purchased with agreement to resell 501,377 4.50 469,148 4.79 365,733 5.12 124,303 5.14 1,670 4.86 Restricted equity securities 12,228 6.17 12,193 6.61 12,167 6.36 12,146 6.64 11,461 7.43 Interest-bearing balances with banks 1,041,026 3.73 1,393,155 4.00 1,608,118 4.45 1,952,479 4.47 2,526,382 4.48 Total interest-earning assets $17,052,677 5.75% $17,216,400 5.79% $17,129,689 5.82% $17,076,353 5.80% $17,189,693 5.69% Non-interest-earning assets: Cash and due from banks 103,847 102,066 103,470 109,506 108,540 Net premises and equipment 61,253 61,009 60,614 59,944 59,633 Allowance for credit losses, accrued interest and other assets 552,337 556,704 415,586 380,700 352,282 Total assets $17,770,114 $17,936,179 $17,709,359 $17,626,503 $17,710,148 Interest-bearing liabilities: Interest-bearing deposits: Checking $2,101,953 1.60% $2,126,615 1.77% $2,069,440 2.16% $2,222,000 1.78% $2,461,900 2.38% Savings 110,843 1.42 106,551 1.52 103,668 1.66 101,506 1.63 101,996 1.61 Money market 7,812,168 3.01 7,816,487 3.23 7,965,115 3.67 7,616,747 3.67 7,363,163 3.61 Time deposits 1,373,023 3.42 1,392,749 3.80 1,344,257 3.97 1,321,404 4.09 1,361,558 4.24 Total interest-bearing deposits 11,397,987 2.79 11,442,402 3.01 11,482,480 3.41 11,261,657 3.33 11,288,617 3.40 Federal funds purchased 1,593,215 3.74 1,712,399 4.01 1,640,377 4.46 1,855,860 4.49 1,994,766 4.50 Other borrowings 34,750 4.05 59,207 4.21 64,761 4.21 64,750 4.26 64,750 4.30 Total interest-bearing liabilities $13,025,952 2.91% $13,214,008 3.15% $13,187,618 3.55% $13,182,267 3.50% $13,348,133 3.57% Non-interest-bearing liabilities: Non-interest-bearing checking 2,728,354 2,768,495 2,651,043 2,633,552 2,600,775 Other liabilities 137,231 143,680 122,873 119,829 120,291 Stockholders' equity 1,879,072 1,813,097 1,762,980 1,716,232 1,670,402 Accumulated other comprehensive loss (495) (3,101) (15,155) (25,377) (29,453) Total liabilities and stockholders' equity $17,770,114 $17,936,179 $17,709,359 $17,626,503 $17,710,148 Net interest spread 2.84% 2.64% 2.27% 2.30% 2.12% Net interest margin 3.53% 3.38% 3.09% 3.10% 2.92% (1) Average loans include nonaccrual loans in all periods. Loan fees of $5,186, $5,464, $6,103, $4,430, and $3,764 are included in interest income in the first quarter of 2026, fourth quarter of 2025, third quarter of 2025, second quarter of 2025, and first quarter of 2025, respectively. (2) Interest income and yields are presented on a fully taxable equivalent basis using a tax rate of 21%. (3) Unrealized losses on debt securities of $(2,713), $(6,311), $(22,574), $(36,381), and $(41,970) for the first quarter of 2026, fourth quarter of 2025, third quarter of 2025, second quarter of 2025, and first quarter of 2025, respectively, are excluded from the yield calculation.
ServisFirst Bancshares (SFBS - Free Report) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.98%. A quarter ago, it was expected that this holding company for ServisFirst Bank would post earnings of $1.38 per share when it actually produced earnings of $1.58, delivering a surprise of +14.49%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
ServisFirst, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $158.99 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.67%. This compares to year-ago revenues of $131.83 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
ServisFirst shares have added about 8.5% since the beginning of the year versus the S&P 500's gain of 4.1%.
What's Next for ServisFirst?While ServisFirst has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for ServisFirst was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.59 on $169.49 million in revenues for the coming quarter and $6.40 on $686.2 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, TFS Financial (TFSL - Free Report) , is yet to report results for the quarter ended March 2026.
This holding company for Third Federal Savings and Loan is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of +14.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
TFS Financial's revenues are expected to be $85.3 million, up 7.8% from the year-ago quarter.
ServisFirst Bancshares (SFBS - Free Report) reported $158.99 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 20.6%. EPS of $1.54 for the same period compares to $1.16 a year ago.
The reported revenue represents a surprise of -2.67% over the Zacks Consensus Estimate of $163.36 million. With the consensus EPS estimate being $1.53, the EPS surprise was +0.98%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how ServisFirst performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 29.8% versus 29.9% estimated by two analysts on average.Net charge-offs (recoveries) to total average loans: 0.3% compared to the 0.2% average estimate based on two analysts.Net Interest Margin: 3.5% compared to the 3.5% average estimate based on two analysts.Average Balance - Interest-earning Assets: $17.05 billion versus the two-analyst average estimate of $17.61 billion.Credit card income: $2.2 million versus the two-analyst average estimate of $2.04 million.Net Interest Income: $148.15 million versus $153.04 million estimated by two analysts on average.Total Non-interest income: $10.84 million versus $10.31 million estimated by two analysts on average.Increase in cash surrender value life insurance (Bank-owned life insurance income): $2.82 million versus the two-analyst average estimate of $3.67 million.Service charges on deposit accounts: $3.3 million versus the two-analyst average estimate of $3.17 million.Mortgage banking: $1.89 million compared to the $0.73 million average estimate based on two analysts.Other Operating Income: $0.63 million versus the two-analyst average estimate of $0.71 million.View all Key Company Metrics for ServisFirst here>>>
Shares of ServisFirst have returned +7.7% over the past month versus the Zacks S&P 500 composite's +6.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
ServisFirst Bancshares (SFBS - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
Therefore, the Zacks rating upgrade for ServisFirst basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for ServisFirst imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for ServisFirstThis holding company for ServisFirst Bank is expected to earn $6.43 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for ServisFirst. Over the past three months, the Zacks Consensus Estimate for the company has increased 0.4%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of ServisFirst to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.