Key Points
- TFS Financial CFO Meredith Weil sold 13,756 shares on May 11 at an average price of $14.91, for total proceeds of about $205,102. After the transaction, Weil still held 38,480 shares, and the sale reduced their ownership by 26.33%.
- The stock was little changed and near its 52-week high, opening at $14.99 after a 0.8% gain. TFSL’s 52-week range is $12.53 to $15.58, and the company has a market cap of about $4.20 billion.
- Recent results and analyst views were mixed but stable: the company matched quarterly EPS estimates at $0.08 and posted revenue slightly above expectations, while analysts currently rate the stock a consensus “Hold” with a $15.50 price target. TFSL also pays a high dividend yield of about 7.5%, though its payout ratio is elevated at 342.42%.
TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) CFO Meredith Weil sold 13,756 shares of TFS Financial stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $14.91, for a total value of $205,101.96. Following the sale, the chief financial officer directly owned 38,480 shares in the company, valued at approximately $573,736.80. The trade was a 26.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
TFS Financial Stock Up 0.8%
Shares of TFS Financial stock opened at $14.99 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 1.58 and a debt-to-equity ratio of 2.67. The firm has a market cap of $4.20 billion, a P/E ratio of 45.43 and a beta of 0.70. TFS Financial Corporation has a fifty-two week low of $12.53 and a fifty-two week high of $15.58. The business has a 50-day moving average price of $14.31 and a 200 day moving average price of $14.16.
TFS Financial (NASDAQ:TFSL - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The bank reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. The firm had revenue of $85.24 million during the quarter, compared to analyst estimates of $84.70 million. TFS Financial had a return on equity of 4.89% and a net margin of 11.42%. On average, sell-side analysts forecast that TFS Financial Corporation will post 0.34 earnings per share for the current fiscal year.
TFS Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 11th were issued a $0.2825 dividend. This represents a $1.13 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend was Wednesday, March 11th. TFS Financial's payout ratio is currently 342.42%.
Analyst Ratings Changes
TFSL has been the subject of several research analyst reports. Keefe, Bruyette & Woods boosted their price objective on TFS Financial from $14.00 to $15.00 and gave the company a "market perform" rating in a report on Monday, May 4th. Zacks Research raised TFS Financial to a "hold" rating in a report on Monday, January 19th. Wall Street Zen lowered TFS Financial from a "hold" rating to a "sell" rating in a report on Saturday, January 31st. Piper Sandler boosted their price objective on TFS Financial from $15.00 to $16.00 and gave the company a "neutral" rating in a report on Monday, May 4th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of TFS Financial in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $15.50.
Check Out Our Latest Stock Report on TFSL
Hedge Funds Weigh In On TFS Financial
Several institutional investors have recently made changes to their positions in TFSL. Gator Capital Management LLC bought a new position in shares of TFS Financial during the fourth quarter valued at approximately $6,290,000. Lakewood Capital Management LP grew its holdings in shares of TFS Financial by 19.9% during the third quarter. Lakewood Capital Management LP now owns 2,533,382 shares of the bank's stock valued at $33,377,000 after purchasing an additional 420,000 shares during the last quarter. Norges Bank bought a new position in shares of TFS Financial during the fourth quarter valued at approximately $5,248,000. State Street Corp grew its holdings in shares of TFS Financial by 24.6% during the fourth quarter. State Street Corp now owns 1,966,004 shares of the bank's stock valued at $26,305,000 after purchasing an additional 387,992 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of TFS Financial by 23.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,869,302 shares of the bank's stock valued at $25,011,000 after purchasing an additional 352,093 shares during the last quarter. 9.81% of the stock is owned by institutional investors.
About TFS Financial
(
Get Free Report)
TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.
The bank's lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.
Recommended Stories

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].