Wall Street analysts predict that First Defiance Financial (NASDAQ:FDEF) will post earnings of $0.84 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for First Defiance Financial’s earnings. The lowest EPS estimate is $0.82 and the highest is $0.86. First Defiance Financial posted earnings of $0.80 per share during the same quarter last year, which suggests a positive year over year growth rate of 5%. The business is expected to report its next quarterly earnings results on Monday, July 17th.

According to Zacks, analysts expect that First Defiance Financial will report full year earnings of $3.38 per share for the current financial year, with EPS estimates ranging from $3.33 to $3.42. For the next fiscal year, analysts anticipate that the company will report earnings of $3.62 per share, with EPS estimates ranging from $3.59 to $3.65. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for First Defiance Financial.

First Defiance Financial (NASDAQ:FDEF) last issued its quarterly earnings data on Monday, April 17th. The savings and loans company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. First Defiance Financial had a return on equity of 10.04% and a net margin of 23.67%. The business had revenue of $32.19 million during the quarter, compared to analyst estimates of $31.79 million.

A number of analysts recently weighed in on FDEF shares. Keefe, Bruyette & Woods set a $50.00 price target on shares of First Defiance Financial and gave the company a “hold” rating in a report on Monday, April 10th. Zacks Investment Research lowered shares of First Defiance Financial from a “buy” rating to a “hold” rating in a report on Tuesday, February 14th.

In related news, insider Gregory R. Allen sold 2,167 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $54.23, for a total value of $117,516.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 3.20% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company acquired a new stake in First Defiance Financial during the third quarter worth approximately $13,819,000. LSV Asset Management raised its stake in First Defiance Financial by 19.9% in the first quarter. LSV Asset Management now owns 224,081 shares of the savings and loans company’s stock worth $11,094,000 after buying an additional 37,220 shares in the last quarter. Seizert Capital Partners LLC acquired a new stake in First Defiance Financial during the first quarter worth approximately $1,832,000. Russell Investments Group Ltd. acquired a new stake in First Defiance Financial during the fourth quarter worth approximately $1,446,000. Finally, Federated Investors Inc. PA raised its stake in First Defiance Financial by 59.2% in the fourth quarter. Federated Investors Inc. PA now owns 73,137 shares of the savings and loans company’s stock worth $3,711,000 after buying an additional 27,194 shares in the last quarter. 67.55% of the stock is owned by institutional investors and hedge funds.

Shares of First Defiance Financial (NASDAQ:FDEF) traded down 0.78% during trading on Wednesday, reaching $53.58. The company had a trading volume of 17,595 shares. The firm has a 50-day moving average of $51.91 and a 200-day moving average of $48.68. First Defiance Financial has a 12-month low of $35.90 and a 12-month high of $56.20. The company has a market cap of $543.57 million, a P/E ratio of 18.29 and a beta of 0.95.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 26th. Investors of record on Friday, May 19th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Wednesday, May 17th. First Defiance Financial’s dividend payout ratio is currently 27.76%.

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About First Defiance Financial

First Defiance Financial Corp. is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc (First Defiance Risk Management).

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