TCF Financial Corp. (NYSE:TCB) – Investment analysts at Jefferies Group issued their Q1 2017 earnings per share (EPS) estimates for shares of TCF Financial Corp. in a research report issued on Tuesday. Jefferies Group analyst E. Harmon anticipates that the brokerage will post earnings of $0.26 per share for the quarter. Jefferies Group has a “Hold” rating and a $13.50 price objective on the stock. Jefferies Group also issued estimates for TCF Financial Corp.’s Q2 2017 earnings at $0.31 EPS, Q3 2017 earnings at $0.31 EPS, Q4 2017 earnings at $0.32 EPS and FY2018 earnings at $1.30 EPS.

TCF Financial Corp. (NYSE:TCB) last posted its quarterly earnings results on Friday, July 22nd. The company reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.02. The business earned $330.90 million during the quarter, compared to the consensus estimate of $214.32 million. TCF Financial Corp. had a return on equity of 10.14% and a net margin of 15.34%. TCF Financial Corp.’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.29 earnings per share.

Earnings History and Estimates for TCF Financial Corp. (NYSE:TCB)

Several other brokerages have also issued reports on TCB. Barclays PLC raised their target price on TCF Financial Corp. from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Monday, July 25th. Zacks Investment Research raised TCF Financial Corp. from a “sell” rating to a “hold” rating in a research report on Monday, July 25th. Credit Agricole SA raised their target price on TCF Financial Corp. from $14.00 to $15.00 and gave the company an “underperform” rating in a research report on Friday, September 23rd. Deutsche Bank AG raised their target price on TCF Financial Corp. from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, FBR & Co lowered TCF Financial Corp. from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $16.00 to $14.00 in a research report on Monday, July 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. TCF Financial Corp. currently has a consensus rating of “Hold” and an average target price of $14.79.

TCF Financial Corp. (NYSE:TCB) opened at 14.25 on Thursday. The firm has a market cap of $2.38 billion, a P/E ratio of 12.50 and a beta of 1.12. The company has a 50-day moving average price of $14.49 and a 200-day moving average price of $13.58. TCF Financial Corp. has a 1-year low of $10.37 and a 1-year high of $15.94.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bogle Investment Management L P DE purchased a new position in TCF Financial Corp. during the first quarter valued at $1,383,000. Geode Capital Management LLC increased its position in shares of TCF Financial Corp. by 12.7% in the first quarter. Geode Capital Management LLC now owns 1,130,670 shares of the company’s stock valued at $13,861,000 after buying an additional 127,071 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of TCF Financial Corp. by 103.8% in the first quarter. Goldman Sachs Group Inc. now owns 877,509 shares of the company’s stock valued at $10,759,000 after buying an additional 446,952 shares in the last quarter. Riverhead Capital Management LLC increased its position in shares of TCF Financial Corp. by 524.9% in the first quarter. Riverhead Capital Management LLC now owns 240,569 shares of the company’s stock valued at $2,949,000 after buying an additional 202,069 shares in the last quarter. Finally, Rafferty Asset Management LLC increased its position in shares of TCF Financial Corp. by 45.8% in the first quarter. Rafferty Asset Management LLC now owns 23,638 shares of the company’s stock valued at $290,000 after buying an additional 7,424 shares in the last quarter. Institutional investors own 78.20% of the company’s stock.

TCF Financial Corp. Company Profile

TCF Financial Corporation (TCF) is a bank holding company. The Company’s principal subsidiary is TCF National Bank (TCF Bank). The Company operates in three segments: Lending, Funding and Support Services. Its Lending segment includes consumer real estate, commercial real estate and business lending, leasing and equipment finance, inventory finance and auto finance.

5 Day Chart for NYSE:TCB

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