Shares of TFS Financial Co. (NASDAQ:TFSL) have been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Analysts have set a twelve-month consensus price target of $18.50 for the company and are forecasting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also assigned TFS Financial an industry rank of 122 out of 265 based on the ratings given to related companies.
Several analysts recently issued reports on the stock. TheStreet raised shares of TFS Financial from a “c+” rating to a “b-” rating in a research report on Monday, October 30th. ValuEngine downgraded shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Finally, BidaskClub downgraded shares of TFS Financial from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th.
In related news, Director Anthony J. Asher sold 4,165 shares of TFS Financial stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $15.33, for a total value of $63,849.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.39% of the company’s stock.
A number of large investors have recently modified their holdings of the business. Renaissance Technologies LLC lifted its stake in TFS Financial by 4.1% during the 2nd quarter. Renaissance Technologies LLC now owns 6,291,222 shares of the bank’s stock valued at $97,325,000 after acquiring an additional 247,100 shares in the last quarter. Vanguard Group Inc. lifted its stake in TFS Financial by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 5,390,460 shares of the bank’s stock valued at $83,390,000 after acquiring an additional 37,420 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in TFS Financial by 1.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,029,812 shares of the bank’s stock valued at $15,931,000 after acquiring an additional 13,200 shares in the last quarter. State Street Corp lifted its stake in TFS Financial by 2.1% during the 1st quarter. State Street Corp now owns 823,673 shares of the bank’s stock valued at $13,692,000 after acquiring an additional 17,139 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in TFS Financial by 15.4% during the 2nd quarter. Victory Capital Management Inc. now owns 615,553 shares of the bank’s stock valued at $9,523,000 after acquiring an additional 82,282 shares in the last quarter. Institutional investors and hedge funds own 10.83% of the company’s stock.
Shares of TFS Financial (NASDAQ:TFSL) opened at $15.14 on Monday. TFS Financial has a 52-week low of $14.68 and a 52-week high of $19.89. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market cap of $4,255.42, a price-to-earnings ratio of 48.84 and a beta of 0.53.
TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings results on Monday, October 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. TFS Financial had a net margin of 30.60% and a return on equity of 5.42%. The business had revenue of $70.11 million during the quarter, compared to the consensus estimate of $70.71 million. During the same quarter last year, the firm posted $0.08 EPS. TFS Financial’s revenue was up 3.7% compared to the same quarter last year. equities analysts forecast that TFS Financial will post 0.32 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 28th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Monday, November 27th. TFS Financial’s payout ratio is currently 219.35%.
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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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