TFS Financial Corporation (TFSL) Earns News Sentiment Rating of 0.04
News stories about TFS Financial Corporation (NASDAQ:TFSL) have been trending somewhat positive on Wednesday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TFS Financial Corporation earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 47.5449092085438 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
TFS Financial Corporation (NASDAQ TFSL) opened at 15.74 on Wednesday. TFS Financial Corporation has a 52 week low of $14.68 and a 52 week high of $19.89. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 50.77 and a beta of 0.54. The stock’s 50 day moving average is $15.26 and its 200 day moving average is $15.96.
TFS Financial Corporation (NASDAQ:TFSL) last announced its quarterly earnings results on Thursday, July 27th. The bank reported $0.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.01. TFS Financial Corporation had a net margin of 21.03% and a return on equity of 5.31%. The firm had revenue of $75.08 million for the quarter, compared to analyst estimates of $70.88 million. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Equities research analysts expect that TFS Financial Corporation will post $0.31 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 11th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, September 8th. This represents a $0.68 dividend on an annualized basis and a yield of 4.32%. This is a positive change from TFS Financial Corporation’s previous quarterly dividend of $0.13. TFS Financial Corporation’s payout ratio is presently 219.35%.
TFSL has been the topic of several research reports. ValuEngine lowered shares of TFS Financial Corporation from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. BidaskClub lowered shares of TFS Financial Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 10th. Finally, Piper Jaffray Companies reiterated a “hold” rating and issued a $18.50 price objective on shares of TFS Financial Corporation in a research note on Friday, July 28th.
In other TFS Financial Corporation news, COO Meredith S. Weil acquired 5,021 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were acquired at an average price of $15.40 per share, with a total value of $77,323.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.39% of the company’s stock.
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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