Shares of BankFinancial Co. (NASDAQ:BFIN) have been given a consensus broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Analysts have set a 12 month consensus price objective of $18.25 for the company and are forecasting that the company will post $0.20 EPS for the current quarter, according to Zacks. Zacks has also assigned BankFinancial an industry rank of 177 out of 255 based on the ratings given to its competitors.
Several equities research analysts have recently commented on BFIN shares. BidaskClub raised shares of BankFinancial from a “hold” rating to a “buy” rating in a research report on Tuesday, June 5th. Zacks Investment Research upgraded shares of BankFinancial from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research note on Tuesday, May 8th. Finally, ValuEngine upgraded shares of BankFinancial from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st.
Shares of NASDAQ:BFIN traded up $0.07 on Friday, hitting $18.29. The company had a trading volume of 9,447 shares, compared to its average volume of 39,095. BankFinancial has a 1 year low of $14.66 and a 1 year high of $18.62. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.31. The stock has a market cap of $321.25 million, a price-to-earnings ratio of 29.03, a P/E/G ratio of 2.59 and a beta of 0.44.
BankFinancial (NASDAQ:BFIN) last posted its earnings results on Monday, April 30th. The bank reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. BankFinancial had a net margin of 16.70% and a return on equity of 6.63%. The firm had revenue of $14.56 million during the quarter, compared to analysts’ expectations of $14.65 million. equities analysts forecast that BankFinancial will post 0.88 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, May 25th. Investors of record on Wednesday, May 16th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.97%. This is a positive change from BankFinancial’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, May 15th. BankFinancial’s dividend payout ratio (DPR) is presently 57.14%.
BankFinancial declared that its Board of Directors has initiated a stock buyback program on Wednesday, March 28th that allows the company to repurchase 500,000 shares. This repurchase authorization allows the bank to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its shares are undervalued.
In related news, CEO F Morgan Gasior sold 35,000 shares of the stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $17.24, for a total value of $603,400.00. Following the completion of the transaction, the chief executive officer now directly owns 102,037 shares in the company, valued at approximately $1,759,117.88. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP James J. Brennan sold 8,472 shares of the stock in a transaction dated Thursday, May 17th. The stock was sold at an average price of $17.69, for a total transaction of $149,869.68. Following the completion of the transaction, the executive vice president now owns 45,000 shares of the company’s stock, valued at $796,050. The disclosure for this sale can be found here. Over the last quarter, insiders sold 66,402 shares of company stock valued at $1,162,113. 15.17% of the stock is owned by company insiders.
Institutional investors have recently modified their holdings of the stock. Martingale Asset Management L P increased its stake in BankFinancial by 17.5% during the 4th quarter. Martingale Asset Management L P now owns 59,206 shares of the bank’s stock valued at $909,000 after purchasing an additional 8,800 shares in the last quarter. First Trust Advisors LP bought a new stake in BankFinancial during the 4th quarter valued at about $334,000. Goldman Sachs Group Inc. increased its stake in BankFinancial by 44.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 18,939 shares of the bank’s stock valued at $291,000 after purchasing an additional 5,845 shares in the last quarter. Renaissance Technologies LLC increased its stake in BankFinancial by 1.5% during the 4th quarter. Renaissance Technologies LLC now owns 679,200 shares of the bank’s stock valued at $10,419,000 after purchasing an additional 9,900 shares in the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in BankFinancial by 6.1% during the 4th quarter. TIAA CREF Investment Management LLC now owns 75,672 shares of the bank’s stock valued at $1,161,000 after purchasing an additional 4,330 shares in the last quarter. Institutional investors own 62.02% of the company’s stock.
BankFinancial Company Profile
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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