Zacks: Analysts Set $16.75 Price Target for BankFinancial Co. (BFIN)

BankFinancial Co. (NASDAQ:BFIN) has been assigned an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has given a strong buy rating to the company.

Analysts have set a 12-month consensus price objective of $16.75 for the company and are predicting that the company will post $0.23 EPS for the current quarter, according to Zacks. Zacks has also given BankFinancial an industry rank of 107 out of 256 based on the ratings given to related companies.

BFIN has been the topic of a number of analyst reports. BidaskClub upgraded BankFinancial from a “sell” rating to a “hold” rating in a research note on Friday, October 19th. Zacks Investment Research cut BankFinancial from a “hold” rating to a “sell” rating in a research note on Monday, November 26th.

Institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC raised its stake in BankFinancial by 3.1% in the third quarter. Renaissance Technologies LLC now owns 891,100 shares of the bank’s stock valued at $14,204,000 after buying an additional 26,900 shares in the last quarter. MetLife Investment Advisors LLC acquired a new stake in shares of BankFinancial during the second quarter worth about $127,000. California Public Employees Retirement System increased its position in shares of BankFinancial by 6.1% during the second quarter. California Public Employees Retirement System now owns 61,521 shares of the bank’s stock worth $1,086,000 after purchasing an additional 3,521 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of BankFinancial during the second quarter worth about $240,000. Finally, Macquarie Group Ltd. acquired a new stake in shares of BankFinancial during the second quarter worth about $187,000. Institutional investors own 65.66% of the company’s stock.

Shares of NASDAQ BFIN traded down $0.13 during mid-day trading on Friday, hitting $15.13. The company had a trading volume of 826 shares, compared to its average volume of 28,067. The stock has a market cap of $264.97 million, a P/E ratio of 24.02, a PEG ratio of 2.05 and a beta of 0.47. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.11. BankFinancial has a 1-year low of $13.88 and a 1-year high of $18.62.

BankFinancial (NASDAQ:BFIN) last announced its quarterly earnings data on Tuesday, October 16th. The bank reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01. BankFinancial had a return on equity of 7.88% and a net margin of 18.99%. The business had revenue of $14.54 million for the quarter, compared to analysts’ expectations of $15.00 million. On average, equities analysts forecast that BankFinancial will post 0.9 EPS for the current fiscal year.

About BankFinancial

BankFinancial Corporation operates as the holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, such as savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.

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