TFS Financial Corporation (NASDAQ:TFSL) announced a quarterly dividend on Wednesday, November 15th, RTT News reports. Investors of record on Tuesday, November 28th will be given a dividend of 0.17 per share by the bank on Tuesday, December 12th. This represents a $0.68 annualized dividend and a yield of 4.49%. The ex-dividend date is Monday, November 27th.
Shares of TFS Financial (NASDAQ TFSL) opened at $15.14 on Friday. The firm has a market capitalization of $4,255.42, a PE ratio of 48.84 and a beta of 0.53. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.53 and a quick ratio of 1.53. TFS Financial has a 12 month low of $14.68 and a 12 month high of $19.89.
TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings results on Monday, October 30th. The bank reported $0.08 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.08. TFS Financial had a return on equity of 5.31% and a net margin of 20.73%. The firm had revenue of $70.11 million for the quarter, compared to analyst estimates of $70.71 million. During the same period last year, the firm posted $0.08 earnings per share. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. equities analysts predict that TFS Financial will post 0.32 EPS for the current fiscal year.
In related news, Director Anthony J. Asher sold 4,165 shares of TFS Financial stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $15.33, for a total value of $63,849.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.39% of the stock is owned by insiders.
A hedge fund recently raised its stake in TFS Financial stock. The Manufacturers Life Insurance Company boosted its holdings in TFS Financial Corporation (NASDAQ:TFSL) by 7.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,641 shares of the bank’s stock after purchasing an additional 574 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in TFS Financial were worth $134,000 at the end of the most recent quarter. Institutional investors and hedge funds own 10.83% of the company’s stock.
A number of analysts have recently commented on the company. BidaskClub raised TFS Financial from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. TheStreet raised TFS Financial from a “c+” rating to a “b-” rating in a research note on Monday, October 30th. Finally, ValuEngine lowered TFS Financial from a “hold” rating to a “sell” rating in a research note on Friday, September 1st.
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About TFS Financial
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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