TFS Financial Corporation (TFSL) Getting Somewhat Positive News Coverage, Report Finds
Headlines about TFS Financial Corporation (NASDAQ:TFSL) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TFS Financial Corporation earned a news impact score of 0.02 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 47.8379835155621 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of brokerages have commented on TFSL. BidaskClub cut TFS Financial Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. ValuEngine cut TFS Financial Corporation from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $18.50 price target on shares of TFS Financial Corporation in a research report on Friday, July 28th.
Shares of TFS Financial Corporation (NASDAQ TFSL) opened at 14.86 on Friday. The firm has a market cap of $4.11 billion, a PE ratio of 47.94 and a beta of 0.54. TFS Financial Corporation has a 12 month low of $14.68 and a 12 month high of $19.89. The firm’s 50-day moving average price is $15.40 and its 200-day moving average price is $16.08.
TFS Financial Corporation (NASDAQ:TFSL) last issued its quarterly earnings data on Thursday, July 27th. The bank reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. TFS Financial Corporation had a return on equity of 5.31% and a net margin of 21.03%. The company had revenue of $75.08 million for the quarter, compared to analyst estimates of $70.88 million. During the same quarter last year, the company posted $0.07 earnings per share. Analysts expect that TFS Financial Corporation will post $0.31 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 11th will be given a $0.17 dividend. The ex-dividend date of this dividend is Friday, September 8th. This represents a $0.68 dividend on an annualized basis and a yield of 4.58%. This is an increase from TFS Financial Corporation’s previous quarterly dividend of $0.13. TFS Financial Corporation’s dividend payout ratio (DPR) is presently 161.29%.
In related news, COO Meredith S. Weil purchased 5,021 shares of TFS Financial Corporation stock in a transaction dated Tuesday, August 15th. The stock was bought at an average cost of $15.40 per share, for a total transaction of $77,323.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.39% of the stock is owned by company insiders.
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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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