Analysts expect BankFinancial Co. (NASDAQ:BFIN) to announce $14.85 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for BankFinancial’s earnings. The lowest sales estimate is $14.40 million and the highest is $15.30 million. BankFinancial posted sales of $14.54 million in the same quarter last year, which would indicate a positive year over year growth rate of 2.1%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, October 15th.
On average, analysts expect that BankFinancial will report full-year sales of $59.12 million for the current financial year, with estimates ranging from $57.74 million to $60.50 million. For the next fiscal year, analysts anticipate that the business will report sales of $61.00 million, with estimates ranging from $57.20 million to $64.80 million. Zacks’ sales averages are an average based on a survey of research firms that cover BankFinancial.
A number of analysts have recently commented on BFIN shares. TheStreet cut BankFinancial from a “b” rating to a “c+” rating in a research report on Monday, July 29th. Zacks Investment Research cut BankFinancial from a “hold” rating to a “sell” rating in a research report on Friday, August 9th. Finally, ValuEngine lowered BankFinancial from a “hold” rating to a “sell” rating in a research note on Tuesday, August 6th. Two analysts have rated the stock with a sell rating and two have issued a hold rating to the company. The stock has a consensus rating of “Hold” and an average target price of $17.00.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its stake in BankFinancial by 2.2% during the second quarter. BlackRock Inc. now owns 1,275,325 shares of the bank’s stock worth $17,842,000 after buying an additional 27,422 shares during the last quarter. Renaissance Technologies LLC boosted its stake in BankFinancial by 4.0% during the second quarter. Renaissance Technologies LLC now owns 1,021,800 shares of the bank’s stock worth $14,295,000 after buying an additional 39,200 shares during the last quarter. Acadian Asset Management LLC boosted its stake in BankFinancial by 10.2% during the second quarter. Acadian Asset Management LLC now owns 488,655 shares of the bank’s stock worth $6,836,000 after buying an additional 45,113 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of BankFinancial by 11.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 482,247 shares of the bank’s stock valued at $6,665,000 after purchasing an additional 48,282 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of BankFinancial by 4.5% in the 4th quarter. Geode Capital Management LLC now owns 159,617 shares of the bank’s stock valued at $2,386,000 after purchasing an additional 6,842 shares during the last quarter. 68.65% of the stock is currently owned by institutional investors.
BankFinancial stock opened at $11.35 on Tuesday. The stock has a market capitalization of $178.65 million, a PE ratio of 12.23, a price-to-earnings-growth ratio of 1.45 and a beta of 0.35. BankFinancial has a 12 month low of $11.32 and a 12 month high of $16.39. The business has a 50 day simple moving average of $12.99 and a 200-day simple moving average of $14.34.
The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Wednesday, August 7th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend was Tuesday, August 6th. BankFinancial’s dividend payout ratio is presently 46.51%.
BankFinancial Company Profile
BankFinancial Corporation operates as the bank holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, including savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.
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