BankFinancial (NASDAQ:BFIN) has been assigned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Analysts have set a 1-year consensus target price of $17.75 for the company and are forecasting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also assigned BankFinancial an industry rank of 116 out of 265 based on the ratings given to its competitors.
Several equities research analysts have weighed in on the stock. BidaskClub downgraded shares of BankFinancial from a “buy” rating to a “hold” rating in a research note on Friday, April 6th. Zacks Investment Research downgraded shares of BankFinancial from a “buy” rating to a “hold” rating in a research note on Tuesday, April 3rd. Finally, ValuEngine upgraded shares of BankFinancial from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st.
NASDAQ BFIN opened at $17.00 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.07 and a current ratio of 1.07. BankFinancial has a 52-week low of $13.97 and a 52-week high of $17.25. The company has a market cap of $305.21, a PE ratio of 26.59, a price-to-earnings-growth ratio of 2.46 and a beta of 0.41.
BankFinancial (NASDAQ:BFIN) last released its quarterly earnings data 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. BankFinancial had a net margin of 14.39% and a return on equity of 5.76%. The firm had revenue of $14.94 million for the quarter, compared to the consensus estimate of $14.80 million. equities analysts predict that BankFinancial will post 0.87 earnings per share for the current year.
BankFinancial announced that its Board of Directors has authorized a stock buyback plan on Wednesday, March 28th that permits the company to repurchase 500,000 shares. This repurchase authorization permits the bank to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
In other BankFinancial news, EVP James J. Brennan sold 5,000 shares of the firm’s stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $16.54, for a total value of $82,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Terry R. Wells sold 6,000 shares of the firm’s 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 transaction, the director now directly owns 62,184 shares of the company’s stock, valued at approximately $1,025,414.16. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,528 shares of company stock valued at $543,086. 15.45% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of BFIN. Nationwide Fund Advisors raised its holdings in shares of BankFinancial by 33.6% in the third quarter. Nationwide Fund Advisors now owns 16,716 shares of the bank’s stock worth $266,000 after buying an additional 4,200 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of BankFinancial by 161.9% in the third quarter. Russell Investments Group Ltd. now owns 39,599 shares of the bank’s stock worth $630,000 after buying an additional 24,479 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of BankFinancial in the third quarter worth $181,000. Macquarie Group Ltd. purchased a new position in shares of BankFinancial in the third quarter worth $417,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of BankFinancial by 102.4% in the third quarter. JPMorgan Chase & Co. now owns 215,426 shares of the bank’s stock worth $3,450,000 after buying an additional 108,993 shares during the last quarter. 61.64% of the stock is owned by institutional investors and hedge funds.
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BankFinancial Corporation operates as the holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, such as savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.
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