TFS Financial (NASDAQ:TFSL) posted its earnings results on Tuesday. The bank reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02), Zacks reports. The business had revenue of $70.60 million for the quarter, compared to analyst estimates of $72.80 million. TFS Financial had a return on equity of 4.75% and a net margin of 17.07%.
Shares of NASDAQ TFSL traded down $0.45 during trading on Thursday, reaching $17.51. The stock had a trading volume of 227,026 shares, compared to its average volume of 178,033. TFS Financial has a fifty-two week low of $14.19 and a fifty-two week high of $18.61. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.50 and a current ratio of 1.50. The stock has a 50-day moving average price of $18.02. The stock has a market capitalization of $4.90 billion, a P/E ratio of 54.72 and a beta of 0.22.
Several equities research analysts have issued reports on TFSL shares. Zacks Investment Research cut TFS Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. TheStreet raised TFS Financial from a “c+” rating to a “b-” rating in a research note on Monday, June 3rd. Finally, BidaskClub cut TFS Financial from a “buy” rating to a “hold” rating in a research note on Thursday, June 20th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $18.00.
TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. The company's deposit products include savings, money market, checking, certificate of deposit, individual retirement, and other qualified plan accounts. It 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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