Somewhat Favorable Media Coverage Somewhat Unlikely to Affect TFS Financial Corporation (TFSL) Share Price
Media coverage about TFS Financial Corporation (NASDAQ:TFSL) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. TFS Financial Corporation earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 47.3023264284971 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of TFS Financial Corporation (NASDAQ:TFSL) traded down $0.06 on Friday, hitting $15.14. The stock had a trading volume of 72,987 shares, compared to its average volume of 167,582. The firm has a market cap of $4,272.28, a P/E ratio of 49.03 and a beta of 0.53. TFS Financial Corporation has a one year low of $14.68 and a one year high of $19.89. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 2.11.
TFS Financial Corporation (NASDAQ:TFSL) last issued its earnings results on Monday, October 30th. The bank reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. The company had revenue of $70.11 million for the quarter, compared to the consensus estimate of $70.71 million. TFS Financial Corporation had a return on equity of 5.31% and a net margin of 20.73%. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 EPS. equities analysts predict that TFS Financial Corporation will post 0.32 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 28th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, November 27th. This represents a $0.68 annualized dividend and a dividend yield of 4.49%. TFS Financial Corporation’s payout ratio is 219.35%.
A number of equities analysts have recently weighed in on the company. TheStreet upgraded TFS Financial Corporation from a “c+” rating to a “b-” rating in a report on Monday, October 30th. ValuEngine downgraded TFS Financial Corporation from a “hold” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub downgraded TFS Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $18.50 target price on shares of TFS Financial Corporation in a report on Friday, July 28th.
In related news, Director Anthony J. Asher sold 4,165 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $15.33, for a total value of $63,849.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.39% of the company’s stock.
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TFS Financial Corporation Company Profile
TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The Association is a savings and loan association. The Association’s principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.
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