TFS Financial (NASDAQ:TFSL) CEO Marc Stefanski Sells 1,000 Shares

TFS Financial Corporation (NASDAQ:TFSL) CEO Marc Stefanski sold 1,000 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $15.00, for a total value of $15,000.00. Following the completion of the sale, the chief executive officer owned 108,841 shares of the company’s stock, valued at approximately $1,632,615. This trade represents a 0.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

TFS Financial Price Performance

NASDAQ:TFSL traded down $0.05 during mid-day trading on Wednesday, reaching $15.28. 28,623 shares of the stock were exchanged, compared to its average volume of 688,527. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.60. The business has a fifty day moving average price of $14.19 and a 200 day moving average price of $13.75. TFS Financial Corporation has a 1-year low of $11.29 and a 1-year high of $15.42. The firm has a market capitalization of $4.29 billion, a PE ratio of 47.91 and a beta of 0.73.

TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings results on Thursday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a return on equity of 4.79% and a net margin of 11.29%.The business had revenue of $83.73 million during the quarter, compared to analyst estimates of $84.97 million. Research analysts expect that TFS Financial Corporation will post 0.29 earnings per share for the current fiscal year.

TFS Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Tuesday, December 2nd were given a dividend of $0.2825 per share. This represents a $1.13 annualized dividend and a yield of 7.4%. The ex-dividend date was Tuesday, December 2nd. TFS Financial’s payout ratio is presently 353.13%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Quent Capital LLC acquired a new stake in TFS Financial in the 3rd quarter worth $27,000. Empowered Funds LLC acquired a new stake in TFS Financial during the fourth quarter worth about $28,000. Comerica Bank increased its stake in TFS Financial by 263.8% during the fourth quarter. Comerica Bank now owns 2,445 shares of the bank’s stock valued at $33,000 after acquiring an additional 1,773 shares during the period. Danske Bank A S bought a new position in TFS Financial during the third quarter valued at about $47,000. Finally, Elevation Wealth Partners LLC acquired a new position in TFS Financial in the 4th quarter valued at approximately $49,000. Institutional investors own 9.81% of the company’s stock.

Wall Street Analyst Weigh In

TFSL has been the subject of several research analyst reports. Wall Street Zen downgraded TFS Financial from a “hold” rating to a “sell” rating in a research note on Saturday, January 31st. Piper Sandler initiated coverage on shares of TFS Financial in a research report on Friday, January 16th. They set a “neutral” rating and a $15.00 price objective on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a research report on Monday, December 29th. Finally, Zacks Research upgraded shares of TFS Financial to a “hold” rating in a report on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $15.00.

About TFS Financial

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.