Key Points
- Director buying: TFS Financial director Daniel Weir bought 7,000 shares for about $105,140 at an average price of $15.02, increasing his ownership by 19.48%. The purchase was made under a pre-arranged Rule 10b5-1 plan.
- Recent performance and valuation: The stock opened at $15.31, near its 52-week high of $15.58, with a market cap of $4.29 billion. TFS Financial recently reported quarterly EPS of $0.08, matching estimates, and revenue of $85.24 million, slightly above expectations.
- Dividend and analyst view: The company paid a quarterly dividend of $0.2825 per share, implying a 7.4% yield. Wall Street’s consensus rating is Hold, with an average price target of $15.50.
TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) Director Daniel Weir bought 7,000 shares of TFS Financial stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $15.02 per share, for a total transaction of $105,140.00. Following the completion of the transaction, the director directly owned 42,943 shares in the company, valued at $645,003.86. This represents a 19.48% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
TFS Financial Price Performance
Shares of NASDAQ TFSL opened at $15.31 on Friday. TFS Financial Corporation has a fifty-two week low of $12.53 and a fifty-two week high of $15.58. The company has a market cap of $4.29 billion, a PE ratio of 46.40 and a beta of 0.70. The company has a debt-to-equity ratio of 2.67, a quick ratio of 1.55 and a current ratio of 1.58. The business has a 50-day simple moving average of $14.36 and a two-hundred day simple moving average of $14.20.
TFS Financial (NASDAQ:TFSL - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. The firm had revenue of $85.24 million for the quarter, compared to the consensus estimate of $84.70 million. TFS Financial had a net margin of 11.42% and a return on equity of 4.89%. As a group, equities analysts expect that TFS Financial Corporation will post 0.34 EPS for the current fiscal year.
TFS Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were paid a dividend of $0.2825 per share. This represents a $1.13 annualized dividend and a dividend yield of 7.4%. The ex-dividend date was Wednesday, March 11th. TFS Financial's payout ratio is presently 342.42%.
Institutional Investors Weigh In On TFS Financial
Hedge funds have recently bought and sold shares of the stock. Quent Capital LLC purchased a new position in shares of TFS Financial during the 3rd quarter valued at approximately $27,000. Empowered Funds LLC purchased a new stake in TFS Financial during the fourth quarter worth $28,000. Comerica Bank grew its position in TFS Financial by 263.8% during the fourth quarter. Comerica Bank now owns 2,445 shares of the bank's stock valued at $33,000 after buying an additional 1,773 shares during the period. Danske Bank A S acquired a new stake in TFS Financial during the third quarter valued at $47,000. Finally, Elevation Wealth Partners LLC purchased a new position in TFS Financial in the fourth quarter valued at $49,000. Hedge funds and other institutional investors own 9.81% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on TFSL. Keefe, Bruyette & Woods upped their target price on TFS Financial from $14.00 to $15.00 and gave the company a "market perform" rating in a research report on Monday, May 4th. Wall Street Zen raised TFS Financial from a "sell" rating to a "hold" rating in a research report on Saturday. Piper Sandler boosted their price target on TFS Financial from $15.00 to $16.00 and gave the company a "neutral" rating in a research note on Monday, May 4th. Zacks Research raised TFS Financial to a "hold" rating in a report on Monday, January 19th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of TFS Financial in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $15.50.
View Our Latest Stock Analysis on TFS Financial
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.
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