Shares of TFS Financial Co. (NASDAQ:TFSL) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Brokerages have set a 12 month consensus price objective of $18.50 for the company and are predicting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given TFS Financial an industry rank of 86 out of 265 based on the ratings given to related companies.
A number of research firms have weighed in on TFSL. BidaskClub downgraded shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Saturday, December 16th. TheStreet upgraded TFS Financial from a “c+” rating to a “b-” rating in a report on Monday, October 30th. Finally, ValuEngine cut TFS Financial from a “hold” rating to a “sell” rating in a report on Friday, September 1st.
Several institutional investors have recently bought and sold shares of TFSL. Renaissance Technologies LLC boosted its holdings in shares of TFS Financial by 4.1% during the 2nd quarter. Renaissance Technologies LLC now owns 6,291,222 shares of the bank’s stock worth $97,325,000 after buying an additional 247,100 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of TFS Financial by 15.4% in the 2nd quarter. Victory Capital Management Inc. now owns 615,553 shares of the bank’s stock worth $9,523,000 after purchasing an additional 82,282 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of TFS Financial by 54.3% in the 2nd quarter. Sei Investments Co. now owns 124,065 shares of the bank’s stock worth $1,920,000 after purchasing an additional 43,651 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of TFS Financial by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 5,390,460 shares of the bank’s stock worth $83,390,000 after purchasing an additional 37,420 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of TFS Financial by 157.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 39,172 shares of the bank’s stock worth $632,000 after purchasing an additional 23,934 shares in the last quarter. Hedge funds and other institutional investors own 10.97% of the company’s stock.
TFS Financial (NASDAQ:TFSL) traded down $0.10 during trading hours on Thursday, reaching $15.01. 109,655 shares of the company’s stock were exchanged, compared to its average volume of 210,315. The firm has a market cap of $4,246.98, a P/E ratio of 48.42 and a beta of 0.50. The company has a debt-to-equity ratio of 2.17, a current ratio of 1.55 and a quick ratio of 1.55. TFS Financial has a twelve month low of $14.68 and a twelve month high of $19.38.
TFS Financial (NASDAQ:TFSL) last released its earnings results on Monday, October 30th. The bank reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $70.11 million during the quarter, compared to the consensus estimate of $70.71 million. TFS Financial had a net margin of 20.73% and a return on equity of 5.30%. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.08 EPS. research analysts expect that TFS Financial will post 0.32 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 28th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date was Monday, November 27th. TFS Financial’s payout ratio is 219.35%.
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TFS Financial Company Profile
TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The Association is a savings and loan association. The Association’s principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.
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