TFS Financial (NASDAQ:TFSL – Get Free Report) released its quarterly earnings results on Tuesday. The bank reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.01, Yahoo Finance reports. The company had revenue of $191.15 million for the quarter. TFS Financial had a return on equity of 4.26% and a net margin of 10.97%.
TFS Financial Stock Performance
NASDAQ TFSL traded down $0.56 during trading hours on Thursday, hitting $13.00. The company’s stock had a trading volume of 408,162 shares, compared to its average volume of 272,119. TFS Financial has a 12 month low of $10.97 and a 12 month high of $15.25. The company’s 50 day simple moving average is $12.90 and its two-hundred day simple moving average is $12.88. The company has a debt-to-equity ratio of 2.60, a current ratio of 1.58 and a quick ratio of 1.58. The company has a market cap of $3.65 billion, a P/E ratio of 50.22 and a beta of 0.68.
TFS Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Tuesday, June 11th were issued a $0.2825 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.69%. The ex-dividend date was Tuesday, June 11th. TFS Financial’s payout ratio is 418.52%.
Insider Activity
Wall Street Analyst Weigh In
Several research firms have commented on TFSL. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $14.00 target price (down from $15.00) on shares of TFS Financial in a report on Thursday, May 2nd. StockNews.com cut shares of TFS Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, May 21st.
View Our Latest Report on TFSL
About TFS Financial
TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans.
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