KBW

KBW has a Outperform rating and a $13.50 price target on shares of Capstead Mortgage Corp. (NYSE: CMO) following the company's earnings report. In a note to investors, KBW writes, "CMO reported EPS of $0.41, in line with our estimate. Operating trends were solid and a decline in the net spread was...

KBW is lowering its PT on shares of Viewpoint Financial Group (NASDAQ: VPFG) to $14.00. Viewpoint Financial Group closed Thursday at $12.43.

KBW has a Market Perform rating and a $155 price target on shares of Essex Property Trust Inc. (NYSE: ESS) following earnings. In a note to investors, KBW writes, "1Q11 FFO/sh was $1.44, topping expectations and included anticipated $0.13/sh bond sale gain (in our est). Pricing trends accelerated...

KBW has an Underperform rating and a $23 price target on shares of AIG (NYSE: AIG) following earnings. In a note to investors, KBW writes, "1Q11 included many items one-time in nature including the major catastrophe losses but offset by strong investment results including partnership income,...

KBW is lowering estimates on Univest Corporation of PA (NASDAQ: UVSP) following meeting the company's management. It has a Market Perform rating and a $18 price target on shares. In a note to investors, KBW writes, "We are trimming our estimates after we had a chance to speak with management....

KBW has lowered its PT on shares of Investment Technology Group Inc. (NYSE: ITG) to $15. Investment Technology Group closed Thursday at $15.97.

KBW has an Outperform rating and a $13 price target on shares of Ocwen Financial Corporation (NYSE: OCN) after it reported earnings. In a note to investors, KBW writes, "Operating EPS of $0.27 grew from $0.21 in 4Q. While reluctant to comment on potential near-term acquisitions, management...

KBW has a Market Perform rating and a $350 price target on shares of Markel Corp (NYSE: MKL) after it reported earnings. In a note to clients, KBW writes, "The quarter was roughly in-line across most metrics on an operating basis following the pre-announcement on April 29th. The quarter included...

KBW has a Market Perform rating and a $3.75 price target on shares of Chimera Investment Corp. (NYSE: CIM) following earnings. In a note to investors, KBW writes, "CIM reported core EPS of $0.15, up from $0.14 in 4Q driven by a higher asset base, leverage, and net spread. BV declined to $3.18 from...

KBW is maintaining its Market Perform rating and $6.25 price target on shares of SWS Group Inc. (NYSE: SWS). “Results missed on weaker revenues as three of the four business segments lost money in the quarter,” KBW writes. “SWS also rejected a revised acquisition proposal from Sterne Agee for $7....

KBW is reiterating its Outperform rating on shares of American Safety Insurance Holdings Ltd. (NYSE: ASI). “ASI reported a ROCK of [$0.73, $(0.56), $(0.24), $(0.41)],” KBW writes. “The quarter was impacted by the recent catastrophes abroad as well as some adverse reserve development primarily on...

KBW reports that BRE Properties Inc.'s (NYSE: BRE) 1Q11 FFO/sh “topped expectations on non-property items as core results continued improvement, but modestly disappointed.” “Early 2Q trends and ‘guiding to upper end of range' commentary support our expectation of midyear guidance raise, suggesting...

KBW has a Market Perform rating and a $10 price target on shares of Susquehanna Bancshares (NASDAQ: SUSQ). In a note to clients, KBW writes, "We are updating our estimates after SUSQ released in-line operating EPS of $0.08. Loan balances largely stabilized & core deposits gained further...

KBW is downgrading shares of Legg Mason Inc (NYSE: LM) to Market Perform with a $39 price target on shares. In a note to investors, KBW writes, "While we thought it was an in-line quarter with solid revenue and moderating outflows, expected sharp increase in compensation was disappointing and...

KBW has an Outperform rating and a $19 price target on shares of Och-Ziff Capital Mgmt (NYSE: OZM) following earnings. In a note to investors, KBW writes, "Overall, it was a solid, largely as expected quarter helped by higher incentive income, as well as a lower than forecast tax rate....