TFS Financial (NASDAQ:TFSL) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of TFS Financial (NASDAQ:TFSL) from a hold rating to a sell rating in a research report released on Saturday morning.

Several other analysts also recently weighed in on TFSL. Weiss Ratings reissued a “buy (b-)” rating on shares of TFS Financial in a research note on Monday, December 29th. Piper Sandler initiated coverage on TFS Financial in a research note on Friday, January 16th. They issued a “neutral” rating and a $15.00 target price for the company. Finally, Zacks Research upgraded TFS Financial to a “hold” rating in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $15.00.

TFS Financial Stock Down 4.2%

Shares of TFSL opened at $14.07 on Friday. TFS Financial has a 1 year low of $11.29 and a 1 year high of $14.73. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.54 and a quick ratio of 1.53. The stock has a 50 day simple moving average of $14.04 and a two-hundred day simple moving average of $13.58. The firm has a market cap of $3.95 billion, a P/E ratio of 43.97 and a beta of 0.73.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings results on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a return on equity of 4.80% and a net margin of 11.29%.The business had revenue of $83.73 million for the quarter, compared to analysts’ expectations of $84.97 million. On average, analysts forecast that TFS Financial will post 0.29 earnings per share for the current fiscal year.

TFS Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Tuesday, December 2nd were paid a $0.2825 dividend. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $1.13 dividend on an annualized basis and a yield of 8.0%. TFS Financial’s dividend payout ratio (DPR) is presently 353.13%.

Insider Activity at TFS Financial

In other TFS Financial news, CFO Meredith S. Weil sold 15,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $13.85, for a total transaction of $207,750.00. Following the transaction, the chief financial officer directly owned 48,527 shares of the company’s stock, valued at approximately $672,098.95. The trade was a 23.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Andrew J. Rubino sold 5,000 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $14.23, for a total transaction of $71,150.00. Following the completion of the sale, the chief operating officer directly owned 19,126 shares of the company’s stock, valued at approximately $272,162.98. This represents a 20.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 47,600 shares of company stock valued at $665,316 in the last 90 days. 0.72% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TFSL. Fifth Third Bancorp bought a new stake in shares of TFS Financial during the second quarter valued at approximately $25,000. Quent Capital LLC purchased a new position in TFS Financial during the third quarter valued at $27,000. Comerica Bank boosted its holdings in shares of TFS Financial by 263.8% during the 4th quarter. Comerica Bank now owns 2,445 shares of the bank’s stock valued at $33,000 after buying an additional 1,773 shares in the last quarter. Danske Bank A S purchased a new stake in shares of TFS Financial in the 3rd quarter worth about $47,000. Finally, Elevation Wealth Partners LLC bought a new position in shares of TFS Financial in the 4th quarter worth about $49,000. Institutional investors own 9.81% of the company’s stock.

About TFS Financial

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.