Shares of TFS Financial Co. (NASDAQ:TFSL) have received an average broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company.
Brokers have set a twelve-month consensus price objective of $17.50 for the company and are anticipating that the company will post $0.08 EPS for the current quarter, according to Zacks. Zacks has also assigned TFS Financial an industry rank of 104 out of 256 based on the ratings given to its competitors.
Several research firms recently commented on TFSL. BidaskClub lowered shares of TFS Financial from a “buy” rating to a “hold” rating in a research note on Thursday, June 20th. Zacks Investment Research raised shares of TFS Financial from a “sell” rating to a “hold” rating in a research note on Thursday, April 4th. Finally, TheStreet raised shares of TFS Financial from a “c+” rating to a “b-” rating in a research note on Monday, June 3rd.
Shares of TFSL traded up $0.28 during trading hours on Friday, reaching $18.07. 296,586 shares of the company traded hands, compared to its average volume of 155,621. TFS Financial has a 12 month low of $14.19 and a 12 month high of $18.08. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.50 and a quick ratio of 1.50. The firm has a fifty day moving average price of $17.48. The stock has a market cap of $5.06 billion, a P/E ratio of 56.47 and a beta of 0.18.
TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Tuesday, April 30th. The bank reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. TFS Financial had a net margin of 17.07% and a return on equity of 4.75%. The business had revenue of $72.67 million for the quarter, compared to analyst estimates of $73.10 million. Equities analysts anticipate that TFS Financial will post 0.3 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Tuesday, June 11th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 5.53%. The ex-dividend date of this dividend was Monday, June 10th. TFS Financial’s payout ratio is currently 312.50%.
A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. raised its holdings in TFS Financial by 3.4% in the fourth quarter. BlackRock Inc. now owns 2,615,094 shares of the bank’s stock worth $42,181,000 after buying an additional 86,470 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in TFS Financial by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,144,456 shares of the bank’s stock worth $18,460,000 after buying an additional 19,406 shares during the last quarter. Geode Capital Management LLC raised its holdings in TFS Financial by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 831,928 shares of the bank’s stock worth $13,418,000 after buying an additional 12,375 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in TFS Financial by 9.5% in the fourth quarter. Bank of New York Mellon Corp now owns 821,234 shares of the bank’s stock worth $13,246,000 after buying an additional 71,260 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in TFS Financial by 56.5% in the first quarter. Victory Capital Management Inc. now owns 601,800 shares of the bank’s stock worth $9,912,000 after buying an additional 217,320 shares during the last quarter. 11.66% of the stock is owned by institutional investors and hedge funds.
TFS Financial Company Profile
TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. The company's deposit products include savings, money market, checking, certificate of deposit, individual retirement, and other qualified plan accounts. It also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans.
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