Brokerages expect that First Defiance Financial (NASDAQ:FDEF) will post earnings of $0.55 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for First Defiance Financial’s earnings, with estimates ranging from $0.54 to $0.55. First Defiance Financial reported earnings per share of $0.46 during the same quarter last year, which suggests a positive year over year growth rate of 19.6%. The company is scheduled to announce its next quarterly earnings report on Monday, October 15th.

According to Zacks, analysts expect that First Defiance Financial will report full year earnings of $2.21 per share for the current financial year, with EPS estimates ranging from $2.20 to $2.22. For the next year, analysts anticipate that the business will post earnings of $2.29 per share, with EPS estimates ranging from $2.28 to $2.30. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for First Defiance Financial.

First Defiance Financial (NASDAQ:FDEF) last posted its quarterly earnings results on Monday, July 16th. The savings and loans company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.03. First Defiance Financial had a return on equity of 11.09% and a net margin of 26.66%. The firm had revenue of $36.76 million for the quarter, compared to analyst estimates of $36.60 million.

Several research analysts have weighed in on the company. BidaskClub lowered First Defiance Financial from a “sell” rating to a “strong sell” rating in a research report on Thursday. ValuEngine lowered First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd. Sandler O’Neill lowered First Defiance Financial from a “buy” rating to a “hold” rating and set a $35.00 target price on the stock. in a research report on Tuesday, July 10th. Finally, Zacks Investment Research lowered First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, September 18th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $33.67.

FDEF stock traded down $0.26 during mid-day trading on Friday, hitting $29.85. The stock had a trading volume of 51,238 shares, compared to its average volume of 55,140. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.00 and a quick ratio of 0.99. First Defiance Financial has a 1-year low of $25.14 and a 1-year high of $35.00. The firm has a market cap of $622.64 million, a P/E ratio of 17.08 and a beta of 0.69.

A number of hedge funds have recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in shares of First Defiance Financial during the 2nd quarter worth about $140,000. Buckley Wealth Management LLC bought a new stake in shares of First Defiance Financial during the 2nd quarter worth about $220,000. Peloton Wealth Strategists bought a new stake in shares of First Defiance Financial during the 2nd quarter worth about $220,000. Private Harbour Investment Management & Counsel LLC bought a new stake in shares of First Defiance Financial during the 2nd quarter worth about $230,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of First Defiance Financial during the 2nd quarter worth about $324,000. 33.23% of the stock is currently owned by institutional investors.

First Defiance Financial Company Profile

First Defiance Financial Corp. operates as a unitary thrift holding company that provides community-based financial services in northwest Ohio, northeast Indiana, and southeastern Michigan. It offers checking accounts, money market accounts, savings accounts, term certificate accounts, and certificates of deposit, as well as Certificate of Deposit Account Registry Service; and consumer finance, 1-4 family residential real estate, commercial real estate, construction, consumer, commercial, and home equity and improvement loans.

Further Reading: How to Invest in the Dividend Aristocrat Index

Get a free copy of the Zacks research report on First Defiance Financial (FDEF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for First Defiance Financial (NASDAQ:FDEF)

Receive News & Ratings for First Defiance Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Defiance Financial and related companies with MarketBeat.com's FREE daily email newsletter.