Peoples Financial Services (PFIS) Expected to Announce Quarterly Earnings on Thursday

Peoples Financial Services (NASDAQ:PFIS) is expected to issue its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.16 per share and revenue of $45.60 million for the quarter.

Peoples Financial Services (NASDAQ:PFIS) last posted its earnings results on Tuesday, November 5th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.56. Peoples Financial Services had a return on equity of 7.73% and a net margin of 3.00%. The firm had revenue of $74.01 million for the quarter. On average, analysts expect Peoples Financial Services to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Peoples Financial Services Stock Down 1.0 %

Peoples Financial Services stock opened at $50.96 on Tuesday. The stock’s fifty day simple moving average is $52.29 and its 200-day simple moving average is $49.09. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.32. Peoples Financial Services has a twelve month low of $36.26 and a twelve month high of $59.70. The firm has a market capitalization of $509.09 million, a P/E ratio of 49.48 and a beta of 0.56.

Peoples Financial Services Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.6175 dividend. This represents a $2.47 annualized dividend and a yield of 4.85%. The ex-dividend date of this dividend is Friday, February 28th. Peoples Financial Services’s dividend payout ratio (DPR) is presently 239.81%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. StockNews.com upgraded Peoples Financial Services from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Hovde Group lifted their price objective on Peoples Financial Services from $48.00 to $53.00 and gave the stock a “market perform” rating in a report on Monday, November 11th. Finally, Stephens raised Peoples Financial Services from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 9th.

About Peoples Financial Services

Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts.