Coastal Financial Corporation And 5 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Coastal Financial Corporation (CCB), CNA Financial Corporation (CNA), Red River Bancshares (RRBI) are the highest sales growth and return on equity stocks on this list.

Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?

1. Coastal Financial Corporation (CCB)

56.8% sales growth and 18.27% return on equity

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including checking accounts, demand and savings accounts, time deposits, and money market accounts. The company offers commercial and industrial loans, including term loans, small business administration loans, commercial lines of credit, working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat, and recreational vehicle loans, as well as secured term loans. It also provides remote deposit capture, online banking, mobile banking, and direct and reciprocal deposit services, as well as debit cards. In addition, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services. It operates 15 full-service banking locations. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

Earnings Per Share

As for profitability, Coastal Financial Corporation has a trailing twelve months EPS of $2.96.

PE Ratio

Coastal Financial Corporation has a trailing twelve months price to earnings ratio of 13.06. Meaning, the purchaser of the share is investing $13.06 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 18.27%.

Volume

Today’s last reported volume for Coastal Financial Corporation is 24712 which is 58.51% below its average volume of 59562.

Yearly Top and Bottom Value

Coastal Financial Corporation’s stock is valued at $38.66 at 20:22 EST, way under its 52-week high of $54.53 and way above its 52-week low of $29.91.

Revenue Growth

Year-on-year quarterly revenue growth grew by 109%, now sitting on 217.4M for the twelve trailing months.

2. CNA Financial Corporation (CNA)

29.2% sales growth and 8.27% return on equity

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated standard property and casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products. It also provides property insurance products, such as property, marine, boiler, and machinery coverages; casualty insurance products comprising workers' compensation, general and product liability, commercial auto, and umbrella coverages; specialized loss-sensitive insurance programs and total risk management services; and run-off long term care policies. In addition, the company offers long-tail exposures comprising commercial automobile liability, workers compensation, general and medical professional liability, other professional and management liability, and assumed reinsurance run-off and products liability; and short-tail exposures, such as property, commercial automobile physical damage, marine, surety, and warranty. It markets its products through independent agents, brokers, and general underwriters to small, medium, and large businesses; insurance companies; associations; professionals; and other groups in the marine, oil and gas, construction, manufacturing, life science, property, financial services, healthcare, and technology industries. The company was founded in 1853 and is headquartered in Chicago, Illinois. CNA Financial Corporation operates as a subsidiary of Loews Corporation.

Earnings Per Share

As for profitability, CNA Financial Corporation has a trailing twelve months EPS of $3.9.

PE Ratio

CNA Financial Corporation has a trailing twelve months price to earnings ratio of 10.35. Meaning, the purchaser of the share is investing $10.35 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.27%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 11.2% and 35.6%, respectively.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.9%, now sitting on 11.88B for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 16, 2023, the estimated forward annual dividend rate is 1.68 and the estimated forward annual dividend yield is 3.8%.

Sales Growth

CNA Financial Corporation’s sales growth is 33.3% for the current quarter and 29.2% for the next.

Previous days news about CNA Financial Corporation(CNA)

  • According to Zacks on Thursday, 23 March, "Investors interested in the broader finance space can look into companies like CNA Financial Corporation (CNA Quick QuoteCNA – Free Report) , Mr. Cooper Group Inc. (COOP Quick QuoteCOOP – Free Report) and Arch Capital Group Ltd. "
  • According to Zacks on Thursday, 23 March, "Some better-ranked stocks in the broader finance space are Mr. Cooper Group Inc. (COOP Quick QuoteCOOP – Free Report) , CNA Financial Corporation (CNA Quick QuoteCNA – Free Report) and Arch Capital Group Ltd. "

3. Red River Bancshares (RRBI)

21.8% sales growth and 13.09% return on equity

Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It also offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. It operates a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices in Lafayette and New Orleans, Louisiana. The company was incorporated in 1998 and is headquartered in Alexandria, Louisiana.

Earnings Per Share

As for profitability, Red River Bancshares has a trailing twelve months EPS of $5.1.

PE Ratio

Red River Bancshares has a trailing twelve months price to earnings ratio of 9.85. Meaning, the purchaser of the share is investing $9.85 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.09%.

Volume

Today’s last reported volume for Red River Bancshares is 90 which is 98.22% below its average volume of 5067.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Mar 9, 2023, the estimated forward annual dividend rate is 0.32 and the estimated forward annual dividend yield is 0.63%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 27.2% and 4.7%, respectively.

4. Berkshire Hills Bancorp (BHLB)

21.2% sales growth and 8.66% return on equity

Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. Further, the company, through its subsidiary, Berkshire Insurance Group, Inc., provides personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. It serves personal, commercial, not- profit, and municipal deposit customers. As of December 31, 2020, the company operated 130 full-service branches in Massachusetts, New York, Connecticut, Vermont, Central New Jersey, and Eastern Pennsylvania. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

Earnings Per Share

As for profitability, Berkshire Hills Bancorp has a trailing twelve months EPS of $-9.95.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.66%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 57.1% and 30%, respectively.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 14, 2023, the estimated forward annual dividend rate is 0.72 and the estimated forward annual dividend yield is 2.33%.

5. Eli Lilly and Company (LLY)

12.3% sales growth and 64.64% return on equity

Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide. It offers Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, and Humulin U-500 for diabetes; and Jardiance, Trajenta, and Trulicity for type 2 diabetes. The company provides Alimta for non-small cell lung cancer (NSCLC) and malignant pleural mesothelioma; Cyramza for metastatic gastric cancer, gastro-esophageal junction adenocarcinoma, metastatic NSCLC, metastatic colorectal cancer, and hepatocellular carcinoma; Erbitux for colorectal cancers, and various head and neck cancers; Retevmo for metastatic NSCLC, medullary thyroid cancer, and thyroid cancer; Tyvyt for relapsed or refractory classic Hodgkin's lymph and non-squamous NSCLC; and Verzenio for HR+, HER2- metastatic breast cancer, node positive, and early breast cancer. It offers Olumiant for rheumatoid arthritis; and Taltz for plaque psoriasis, psoriatic arthritis, ankylosing spondylitis, and non-radiographic axial spondylarthritis. The company offers Cymbalta for depressive disorder, diabetic peripheral neuropathic pain, generalized anxiety disorder, fibromyalgia, and chronic musculoskeletal pain; Emgality for migraine prevention and episodic cluster headache; and Zyprexa for schizophrenia, bipolar I disorder, and bipolar maintenance. Its Bamlanivimab and etesevimab, and Bebtelovimab for COVID-19; Cialis for erectile dysfunction and benign prostatic hyperplasia; and Forteo for osteoporosis. The company has collaborations with Incyte Corporation; Boehringer Ingelheim Pharmaceuticals, Inc.; AbCellera Biologics Inc.; Junshi Biosciences; Regor Therapeutics Group; Lycia Therapeutics, Inc.; Kumquat Biosciences Inc.; Entos Pharmaceuticals Inc.; and Foghorn Therapeutics Inc. Eli Lilly and Company was founded in 1876 and is headquartered in Indianapolis, Indiana.

Earnings Per Share

As for profitability, Eli Lilly and Company has a trailing twelve months EPS of $6.68.

PE Ratio

Eli Lilly and Company has a trailing twelve months price to earnings ratio of 49.88. Meaning, the purchaser of the share is investing $49.88 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 64.64%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Feb 13, 2023, the estimated forward annual dividend rate is 4.52 and the estimated forward annual dividend yield is 1.32%.

Yearly Top and Bottom Value

Eli Lilly and Company’s stock is valued at $333.19 at 20:22 EST, way under its 52-week high of $375.25 and way higher than its 52-week low of $276.83.

Previous days news about Eli Lilly and Company(LLY)

  • According to Zacks on Thursday, 23 March, "Roche Holding AG(RHHBY Quick QuoteRHHBY – Free Report) announced a collaboration with Eli Lilly and Company (LLY Quick QuoteLLY – Free Report) where the latter shall support the development of Roche’s Elecsys Amyloid Plasma Panel (EAPP). "

6. Realty Income Corporation (O)

10.9% sales growth and 3.22% return on equity

Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients. To date, the company has declared 608 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 109 times since Realty Income's public listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats index. Additional information about the company can be obtained from the corporate website at www.realtyincome.com.

Earnings Per Share

As for profitability, Realty Income Corporation has a trailing twelve months EPS of $0.97.

PE Ratio

Realty Income Corporation has a trailing twelve months price to earnings ratio of 61.32. Meaning, the purchaser of the share is investing $61.32 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.22%.

Volume

Today’s last reported volume for Realty Income Corporation is 2883990 which is 19.05% below its average volume of 3562970.

Moving Average

Realty Income Corporation’s worth is below its 50-day moving average of $65.65 and under its 200-day moving average of $65.82.

Yearly Top and Bottom Value

Realty Income Corporation’s stock is valued at $59.36 at 20:22 EST, way under its 52-week high of $75.40 and higher than its 52-week low of $55.50.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 3000% and a drop 8.8% for the next.

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