TFS Financial (NASDAQ:TFSL) Director Daniel Weir Acquires 7,000 Shares

TFS Financial Corporation (NASDAQ:TFSL) Director Daniel Weir bought 7,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were bought at an average price of $15.02 per share, with a total value of $105,140.00. Following the purchase, the director owned 42,943 shares in the company, valued at $645,003.86. The trade was a 19.48% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

TFS Financial Stock Performance

Shares of NASDAQ TFSL traded down $0.06 during mid-day trading on Friday, reaching $15.26. 477,626 shares of the company were exchanged, compared to its average volume of 762,757. The company’s 50-day simple moving average is $14.34 and its 200-day simple moving average is $14.19. 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 stock has a market capitalization of $4.28 billion, a P/E ratio of 46.26 and a beta of 0.70. TFS Financial Corporation has a twelve month low of $12.53 and a twelve month high of $15.58.

TFS Financial (NASDAQ:TFSL) last posted its earnings results on Thursday, April 30th. The bank reported $0.08 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.08. The company had revenue of $85.24 million during the quarter, compared to analysts’ expectations of $84.70 million. TFS Financial had a net margin of 11.42% and a return on equity of 4.89%. As a group, research analysts predict that TFS Financial Corporation will post 0.34 earnings per share for the current year.

TFS Financial Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Wednesday, March 11th. TFS Financial’s dividend payout ratio (DPR) is currently 342.42%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Wall Street Zen cut shares of TFS Financial from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Keefe, Bruyette & Woods lifted their price objective on shares of TFS Financial from $14.00 to $15.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Piper Sandler lifted their price objective on shares of TFS Financial from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research note on Friday, March 27th. Finally, Zacks Research upgraded shares of TFS Financial to a “hold” rating in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $15.50.

Institutional Trading of TFS Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quent Capital LLC acquired a new stake in TFS Financial in the 3rd quarter worth about $27,000. Empowered Funds LLC acquired a new position in shares of TFS Financial in the 4th quarter valued at approximately $28,000. Comerica Bank raised its position in shares of TFS Financial by 263.8% in 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 acquired a new position in shares of TFS Financial in the 3rd quarter valued at approximately $47,000. Finally, Elevation Wealth Partners LLC acquired a new position in shares of TFS Financial in the 4th quarter valued at approximately $49,000. Institutional investors and hedge funds 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.