Analysts forecast that TFS Financial Co. (NASDAQ:TFSL) will report earnings of $0.08 per share for the current quarter, according to Zacks. Zero analysts have issued estimates for TFS Financial’s earnings. TFS Financial reported earnings of $0.07 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 14.3%. The company is expected to announce its next earnings results after the market closes on Tuesday, January 30th.
According to Zacks, analysts expect that TFS Financial will report full year earnings of $0.32 per share for the current financial year. For the next fiscal year, analysts expect that the business will post earnings of $0.32 per share. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for TFS Financial.
TFS Financial (NASDAQ:TFSL) last announced its earnings results on Monday, October 30th. The bank reported $0.08 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08. TFS Financial had a net margin of 20.73% and a return on equity of 5.30%. The business had revenue of $70.11 million during the quarter, compared to analysts’ expectations of $70.71 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis.
TFSL has been the topic of several analyst reports. TheStreet raised shares of TFS Financial from a “c+” rating to a “b-” rating in a research report on Monday, October 30th. ValuEngine lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Finally, BidaskClub lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Saturday, December 16th.
TFS Financial (TFSL) opened at $14.65 on Wednesday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.17. TFS Financial has a 1-year low of $14.58 and a 1-year high of $19.24. The company has a market cap of $4,120.00, a price-to-earnings ratio of 45.78 and a beta of 0.52.
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 28th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 4.64%. The ex-dividend date was Monday, November 27th. TFS Financial’s dividend payout ratio (DPR) is currently 212.50%.
In other TFS Financial news, Director Anthony J. Asher sold 4,165 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $15.33, for a total transaction of $63,849.45. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.39% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of TFSL. The Manufacturers Life Insurance Company raised its position in shares of TFS Financial by 7.1% in the second quarter. The Manufacturers Life Insurance Company now owns 8,641 shares of the bank’s stock valued at $134,000 after purchasing an additional 574 shares during the period. Pacer Advisors Inc. raised its position in shares of TFS Financial by 11.4% in the second quarter. Pacer Advisors Inc. now owns 10,555 shares of the bank’s stock valued at $163,000 after purchasing an additional 1,082 shares during the period. Susquehanna International Group LLP bought a new position in shares of TFS Financial in the third quarter valued at about $172,000. Dynamic Technology Lab Private Ltd bought a new position in shares of TFS Financial in the third quarter valued at about $281,000. Finally, Nomura Holdings Inc. bought a new position in shares of TFS Financial in the second quarter valued at about $309,000. 10.97% of the stock is currently owned by hedge funds and other institutional investors.
TFS Financial Company Profile
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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