Brokerages expect that TFS Financial Co. (NASDAQ:TFSL) will report $0.08 earnings per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for TFS Financial’s earnings. TFS Financial reported earnings per share of $0.07 during the same quarter last year, which indicates a positive year over year growth rate of 14.3%. The business is scheduled to report its next earnings report on Monday, January 29th.
On average, analysts expect that TFS Financial will report full year earnings of $0.32 per share for the current year. For the next fiscal year, analysts anticipate that the business will report earnings of $0.32 per share. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow TFS Financial.
TFS Financial (NASDAQ:TFSL) last released its earnings results on Monday, October 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08. TFS Financial had a return on equity of 5.30% and a net margin of 20.73%. The company had revenue of $70.11 million for the quarter, compared to analysts’ expectations of $70.71 million. During the same quarter in the previous year, the firm posted $0.08 EPS. The firm’s quarterly revenue was up 3.7% on a year-over-year basis.
In other news, Director Anthony J. Asher sold 4,165 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $15.33, for a total transaction of $63,849.45. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.39% of the stock is owned by insiders.
Hedge funds have recently bought and sold shares of the stock. Nomura Holdings Inc. purchased a new stake in TFS Financial in the 2nd quarter valued at approximately $309,000. Vanguard Group Inc. lifted its stake in TFS Financial by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 5,390,460 shares of the bank’s stock valued at $83,390,000 after buying an additional 37,420 shares in the last quarter. Victory Capital Management Inc. lifted its stake in TFS Financial by 15.4% in the 2nd quarter. Victory Capital Management Inc. now owns 615,553 shares of the bank’s stock valued at $9,523,000 after buying an additional 82,282 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in TFS Financial by 1.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,029,812 shares of the bank’s stock valued at $15,931,000 after buying an additional 13,200 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in TFS Financial by 4.1% in the 2nd quarter. Renaissance Technologies LLC now owns 6,291,222 shares of the bank’s stock valued at $97,325,000 after buying an additional 247,100 shares in the last quarter. 10.97% of the stock is currently owned by hedge funds and other institutional investors.
TFS Financial (NASDAQ:TFSL) opened at $15.37 on Thursday. The company has a debt-to-equity ratio of 2.17, a quick ratio of 1.55 and a current ratio of 1.55. TFS Financial has a 52-week low of $14.68 and a 52-week high of $19.89. The stock has a market capitalization of $4,334.12, a P/E ratio of 49.74 and a beta of 0.50.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 28th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend is Monday, November 27th. TFS Financial’s dividend payout ratio (DPR) is 219.35%.
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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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