Q3 2017 EPS Estimates for DNB Financial Corp Lowered by FIG Partners (DNBF)
DNB Financial Corp (NASDAQ:DNBF) – Equities researchers at FIG Partners reduced their Q3 2017 EPS estimates for shares of DNB Financial Corp in a research report issued on Tuesday. FIG Partners analyst B. Martin now anticipates that the financial services provider will post earnings per share of $0.52 for the quarter, down from their prior forecast of $0.61. FIG Partners currently has a “Market Perform” rating and a $37.00 price objective on the stock. FIG Partners also issued estimates for DNB Financial Corp’s Q4 2017 earnings at $0.53 EPS, FY2017 earnings at $2.15 EPS, Q1 2018 earnings at $0.51 EPS, Q2 2018 earnings at $0.54 EPS, Q3 2018 earnings at $0.58 EPS and Q4 2018 earnings at $0.59 EPS.
DNB Financial Corp (NASDAQ:DNBF) last released its earnings results on Monday, July 24th. The financial services provider reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by $0.16. DNB Financial Corp had a net margin of 16.38% and a return on equity of 8.34%. The business had revenue of $10.58 million during the quarter, compared to analyst estimates of $10.40 million.
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Several other research firms have also recently issued reports on DNBF. ValuEngine cut DNB Financial Corp from a “buy” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research raised DNB Financial Corp from a “sell” rating to a “hold” rating in a research note on Monday, July 3rd. Finally, TheStreet raised DNB Financial Corp from a “c” rating to a “b” rating in a research note on Tuesday, April 4th.
Shares of DNB Financial Corp (DNBF) opened at 34.70 on Thursday. The firm has a market cap of $147.72 million, a P/E ratio of 21.08 and a beta of 0.38. The firm has a 50-day moving average price of $34.88 and a 200-day moving average price of $33.36. DNB Financial Corp has a 12-month low of $25.00 and a 12-month high of $35.85.
An institutional investor recently raised its position in DNB Financial Corp stock. Wellington Management Group LLP raised its stake in DNB Financial Corp (NASDAQ:DNBF) by 10.0% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 272,878 shares of the financial services provider’s stock after buying an additional 24,827 shares during the period. Wellington Management Group LLP owned approximately 6.43% of DNB Financial Corp worth $9,278,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 25.55% of the company’s stock.
DNB Financial Corp Company Profile
DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.
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