TFS Financial (NASDAQ:TFSL) Hits New 52-Week High – What’s Next?

TFS Financial Corporation (NASDAQ:TFSL) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $14.88 and last traded at $14.7470, with a volume of 109394 shares changing hands. The stock had previously closed at $14.43.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research report on Monday, December 29th. Zacks Research raised TFS Financial to a “hold” rating in a report on Monday, January 19th. Wall Street Zen lowered TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Finally, Piper Sandler started coverage on shares of TFS Financial in a research report on Friday, January 16th. They issued a “neutral” rating and a $15.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $15.00.

TFS Financial Price Performance

The company has a current ratio of 1.54, a quick ratio of 1.53 and a debt-to-equity ratio of 2.57. The stock has a market capitalization of $4.19 billion, a PE ratio of 46.63 and a beta of 0.73. The business has a fifty day moving average price of $14.06 and a 200-day moving average price of $13.63.

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

TFS Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Tuesday, December 2nd were issued a dividend of $0.2825 per share. The ex-dividend date of this dividend was Tuesday, December 2nd. This represents a $1.13 annualized dividend and a dividend yield of 7.6%. TFS Financial’s dividend payout ratio (DPR) is currently 353.13%.

Insider Buying and Selling

In other TFS Financial news, COO Andrew J. Rubino sold 5,000 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were 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 in the company, valued at $272,162.98. This represents a 20.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Barbara J. Anderson sold 11,000 shares of TFS Financial stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $14.21, for a total value of $156,310.00. Following the completion of the transaction, the director owned 6,200 shares in the company, valued at approximately $88,102. This represents a 63.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 58,600 shares of company stock worth $821,626 over the last 90 days. Insiders own 0.72% of the company’s stock.

Institutional Trading of TFS Financial

Institutional investors have recently made changes to their positions in the stock. Creative Planning raised its holdings in shares of TFS Financial by 117.7% during the second quarter. Creative Planning now owns 75,076 shares of the bank’s stock valued at $972,000 after acquiring an additional 40,594 shares in the last quarter. Geode Capital Management LLC boosted its holdings in TFS Financial by 2.1% in the second quarter. Geode Capital Management LLC now owns 1,154,189 shares of the bank’s stock valued at $14,949,000 after acquiring an additional 23,622 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its position in TFS Financial by 124.6% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 87,736 shares of the bank’s stock valued at $1,136,000 after purchasing an additional 48,673 shares during the period. Campbell & CO Investment Adviser LLC raised its holdings in TFS Financial by 415.6% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 70,920 shares of the bank’s stock worth $918,000 after purchasing an additional 57,166 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in TFS Financial by 3.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,540,799 shares of the bank’s stock worth $19,953,000 after purchasing an additional 46,080 shares in the last quarter. Hedge funds and other institutional investors own 9.81% of the company’s stock.

TFS Financial Company Profile

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.