Brokerages expect that First Defiance Financial (NASDAQ:FDEF) will announce earnings of $0.56 per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for First Defiance Financial’s earnings. The highest EPS estimate is $0.56 and the lowest is $0.55. First Defiance Financial posted earnings of $0.47 per share during the same quarter last year, which would indicate a positive year over year growth rate of 19.1%. The company is scheduled to issue its next quarterly earnings report on Monday, January 28th.
On average, analysts expect that First Defiance Financial will report full year earnings of $2.23 per share for the current year, with EPS estimates ranging from $2.22 to $2.23. For the next year, analysts expect that the business will post earnings of $2.31 per share, with EPS estimates ranging from $2.30 to $2.32. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow First Defiance Financial.
First Defiance Financial (NASDAQ:FDEF) last announced its quarterly earnings results on Monday, October 15th. The savings and loans company reported $0.55 EPS for the quarter, hitting analysts’ consensus estimates of $0.55. First Defiance Financial had a return on equity of 11.51% and a net margin of 27.15%. The company had revenue of $37.45 million during the quarter, compared to analyst estimates of $37.50 million.
Several equities analysts have commented on the company. Sandler O’Neill lowered First Defiance Financial from a “buy” rating to a “hold” rating and set a $35.00 price objective for the company. in a research report on Tuesday, July 10th. BidaskClub raised shares of First Defiance Financial from a “hold” rating to a “buy” rating in a research note on Thursday, August 23rd. ValuEngine cut shares of First Defiance Financial from a “hold” rating to a “sell” rating in a research note on Saturday, July 14th. Finally, Zacks Investment Research cut shares of First Defiance Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, September 18th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $32.00.
First Defiance Financial stock traded up $0.08 on Friday, hitting $27.54. 3,135 shares of the stock traded hands, compared to its average volume of 51,144. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $556.95 million, a P/E ratio of 15.74 and a beta of 0.78. First Defiance Financial has a 1 year low of $25.14 and a 1 year high of $35.00.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 16th. Investors of record on Friday, November 9th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Thursday, November 8th. First Defiance Financial’s dividend payout ratio (DPR) is currently 38.86%.
Institutional investors and hedge funds have recently made changes to their positions in the company. Ramsey Quantitative Systems grew its position in shares of First Defiance Financial by 188.2% in the 3rd quarter. Ramsey Quantitative Systems now owns 3,654 shares of the savings and loans company’s stock valued at $110,000 after acquiring an additional 2,386 shares during the period. SG Americas Securities LLC acquired a new stake in shares of First Defiance Financial during the 2nd quarter worth about $140,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of First Defiance Financial during the 3rd quarter worth about $153,000. Buckley Wealth Management LLC acquired a new stake in shares of First Defiance Financial during the 2nd quarter worth about $220,000. Finally, Peloton Wealth Strategists acquired a new stake in shares of First Defiance Financial during the 2nd quarter worth about $220,000. 34.20% of the stock is owned by institutional investors.
First Defiance Financial Company Profile
First Defiance Financial Corp. operates as a unitary thrift holding company that provides community-based financial services in northwest Ohio, northeast Indiana, and southeastern Michigan. It offers checking accounts, money market accounts, savings accounts, term certificate accounts, and certificates of deposit, as well as Certificate of Deposit Account Registry Service; and consumer finance, 1-4 family residential real estate, commercial real estate, construction, consumer, commercial, and home equity and improvement loans.
Further Reading: S&P 500 Index
Get a free copy of the Zacks research report on First Defiance Financial (FDEF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for First Defiance Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Defiance Financial and related companies with MarketBeat.com's FREE daily email newsletter.