Shares of DNB Financial Corp (NASDAQ:DNBF) have received an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokerages have set a 12 month consensus target price of $36.00 for the company and are forecasting that the company will post $0.57 EPS for the current quarter, according to Zacks. Zacks has also assigned DNB Financial an industry rank of 150 out of 255 based on the ratings given to its competitors.
A number of analysts have weighed in on the company. ValuEngine upgraded DNB Financial from a “sell” rating to a “hold” rating in a report on Friday, January 4th. Zacks Investment Research upgraded DNB Financial from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Tuesday, January 29th.
Shares of DNB Financial stock opened at $38.35 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.96 and a quick ratio of 0.96. DNB Financial has a 1-year low of $25.84 and a 1-year high of $42.00. The stock has a market cap of $165.78 million, a price-to-earnings ratio of 15.46 and a beta of 0.94.
DNB Financial (NASDAQ:DNBF) last issued its quarterly earnings results on Thursday, January 24th. The financial services provider reported $0.69 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.04. DNB Financial had a return on equity of 9.96% and a net margin of 20.80%. The firm had revenue of $10.83 million during the quarter, compared to the consensus estimate of $10.70 million. On average, sell-side analysts forecast that DNB Financial will post 2.68 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 15th were given a dividend of $0.07 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.73%. DNB Financial’s dividend payout ratio (DPR) is presently 11.29%.
Several hedge funds have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC bought a new position in shares of DNB Financial during the 4th quarter worth about $52,000. PNC Financial Services Group Inc. boosted its position in shares of DNB Financial by 62.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,230 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 2,010 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of DNB Financial by 10.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 38,479 shares of the financial services provider’s stock worth $1,039,000 after purchasing an additional 3,774 shares in the last quarter. BRYN MAWR TRUST Co bought a new position in shares of DNB Financial during the 4th quarter worth about $347,000. Finally, Monashee Investment Management LLC boosted its position in shares of DNB Financial by 80.5% during the 4th quarter. Monashee Investment Management LLC now owns 46,302 shares of the financial services provider’s stock worth $1,319,000 after purchasing an additional 20,647 shares in the last quarter. 31.50% of the stock is currently owned by institutional investors.
About DNB Financial
DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized businesses. The company offers deposit products, including money market, savings, demand, and NOW accounts; and time deposits, as well as certificates of deposit, including IRAs and brokered deposits.
Further Reading: Debt-To-Equity Ratio
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