Provident Financial (PROV) Set to Announce Earnings on Monday

Provident Financial (NASDAQ:PROV) is scheduled to be posting its quarterly earnings results before the market opens on Monday, April 29th. Analysts expect Provident Financial to post earnings of $0.23 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Provident Financial (NASDAQ:PROV) last posted its quarterly earnings results on Monday, January 29th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.05. Provident Financial had a net margin of 14.43% and a return on equity of 6.20%. The business had revenue of $9.65 million during the quarter, compared to the consensus estimate of $10.00 million. On average, analysts expect Provident Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Provident Financial Stock Performance

NASDAQ PROV opened at $12.90 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.87. The company has a market cap of $89.40 million, a P/E ratio of 11.22 and a beta of 0.40. The company has a fifty day simple moving average of $13.75 and a 200 day simple moving average of $13.01. Provident Financial has a 12-month low of $10.16 and a 12-month high of $15.40.

Provident Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 6th. Shareholders of record on Thursday, May 16th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend is Wednesday, May 15th. Provident Financial’s dividend payout ratio is 48.70%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Provident Financial in a report on Wednesday. They set a “hold” rating on the stock.

Provident Financial Company Profile

Provident Financial Holdings, Inc operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The company's deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans.