Shares of BankFinancial Co. (NASDAQ:BFIN) have been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has given a strong buy rating to the company.
Brokers have set a 12-month consensus price target of $17.75 for the company and are forecasting that the company will post $0.19 earnings per share for the current quarter, according to Zacks. Zacks has also assigned BankFinancial an industry rank of 76 out of 265 based on the ratings given to its competitors.
A number of analysts have recently issued reports on the company. ValuEngine upgraded BankFinancial from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. BidaskClub upgraded BankFinancial from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. Finally, Zacks Investment Research upgraded BankFinancial from a “hold” rating to a “strong-buy” rating and set a $18.00 price objective for the company in a report on Tuesday, January 2nd.
Shares of BankFinancial (NASDAQ:BFIN) traded up $0.21 during trading hours on Friday, hitting $16.92. The stock had a trading volume of 89,681 shares, compared to its average volume of 28,623. BankFinancial has a one year low of $13.43 and a one year high of $17.20. The firm has a market cap of $299.65, a P/E ratio of 33.84, a PEG ratio of 2.41 and a beta of 0.46. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.07 and a quick ratio of 1.07.
BankFinancial (NASDAQ:BFIN) last released its earnings results on Monday, January 29th. The bank reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.03. The company had revenue of $14.94 million during the quarter, compared to analyst estimates of $14.80 million. BankFinancial had a return on equity of 5.76% and a net margin of 14.39%. research analysts expect that BankFinancial will post 0.87 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Wednesday, February 7th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, February 6th. This represents a $0.32 annualized dividend and a dividend yield of 1.89%. BankFinancial’s dividend payout ratio is 64.00%.
In related news, Director Terry R. Wells sold 6,000 shares of the stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $16.49, for a total transaction of $98,940.00. Following the completion of the sale, the director now directly owns 62,184 shares in the company, valued at $1,025,414.16. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP James J. Brennan sold 5,000 shares of the stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $16.54, for a total value of $82,700.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,749 shares of company stock valued at $193,999. 15.45% of the stock is owned by corporate insiders.
Several large investors have recently made changes to their positions in the stock. TIAA CREF Investment Management LLC raised its holdings in shares of BankFinancial by 6.1% during the fourth quarter. TIAA CREF Investment Management LLC now owns 75,672 shares of the bank’s stock worth $1,161,000 after acquiring an additional 4,330 shares in the last quarter. Goldman Sachs Group Inc. increased its position in BankFinancial by 44.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 18,939 shares of the bank’s stock worth $291,000 after buying an additional 5,845 shares during the last quarter. Stone Ridge Asset Management LLC acquired a new position in BankFinancial during the fourth quarter worth $276,000. Renaissance Technologies LLC increased its position in BankFinancial by 1.5% during the fourth quarter. Renaissance Technologies LLC now owns 679,200 shares of the bank’s stock worth $10,419,000 after buying an additional 9,900 shares during the last quarter. Finally, Martingale Asset Management L P increased its position in BankFinancial by 17.5% during the fourth quarter. Martingale Asset Management L P now owns 59,206 shares of the bank’s stock worth $909,000 after buying an additional 8,800 shares during the last quarter. Institutional investors and hedge funds own 62.18% of the company’s stock.
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BankFinancial Corporation is the bank holding company for BankFinancial, National Association (the Bank). The Bank is a full-service, community-oriented national bank principally engaged in the business of commercial, family and personal banking. The Bank offers its customers a range of loan, deposit and other financial products and services through its full-service Illinois-based banking offices located in Cook, DuPage, Lake and Will Counties, and through its Internet branch, www.bankfinancial.com.
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