TFS Financial (NASDAQ:TFSL) Releases Earnings Results, Beats Estimates By $0.01 EPS

TFS Financial (NASDAQ:TFSL) announced its earnings results on Tuesday. The bank reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01, Yahoo Finance reports. TFS Financial had a return on equity of 4.26% and a net margin of 10.97%. The firm had revenue of $191.15 million for the quarter.

TFS Financial Stock Performance

Shares of TFSL stock opened at $13.56 on Thursday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 2.60. The company has a market cap of $3.81 billion, a PE ratio of 50.22 and a beta of 0.68. The company’s fifty day simple moving average is $12.90 and its 200-day simple moving average is $12.88. TFS Financial has a 52 week low of $10.97 and a 52 week high of $15.25.

TFS Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Tuesday, June 11th were given a dividend of $0.2825 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.13 dividend on an annualized basis and a yield of 8.33%. TFS Financial’s dividend payout ratio (DPR) is 418.52%.

Insider Buying and Selling at TFS Financial

In other news, insider Bradley T. Stefanski sold 3,750 shares of TFS Financial stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $13.22, for a total transaction of $49,575.00. Following the sale, the insider now directly owns 47,959 shares of the company’s stock, valued at $634,017.98. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, insider Bradley T. Stefanski sold 3,750 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $13.22, for a total value of $49,575.00. Following the sale, the insider now owns 47,959 shares in the company, valued at approximately $634,017.98. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Meredith S. Weil sold 4,087 shares of the business’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $12.57, for a total value of $51,373.59. Following the completion of the sale, the chief financial officer now directly owns 102,332 shares of the company’s stock, valued at $1,286,313.24. The disclosure for this sale can be found here. Insiders have sold 21,237 shares of company stock valued at $277,025 over the last three months. 1.13% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. StockNews.com cut TFS Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, May 21st. Keefe, Bruyette & Woods restated a “market perform” rating and set a $14.00 target price (down previously from $15.00) on shares of TFS Financial in a research report on Thursday, May 2nd.

TFS Financial Company Profile

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.