First Defiance Financial (NASDAQ:FDEF) has been assigned an average broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating. First Defiance Financial’s rating score has declined by 28.8% from three months ago as a result of a number of analysts’ ratings changes.
Brokerages have set a twelve-month consensus price objective of $35.50 for the company and are expecting that the company will post $0.55 EPS for the current quarter, according to Zacks. Zacks has also assigned First Defiance Financial an industry rank of 163 out of 255 based on the ratings given to its competitors.
Several analysts recently commented on FDEF shares. BidaskClub upgraded shares of First Defiance Financial from a “hold” rating to a “buy” rating in a research report on Thursday. ValuEngine upgraded shares of First Defiance Financial from a “hold” rating to a “buy” rating in a research report on Saturday, May 26th. Zacks Investment Research upgraded shares of First Defiance Financial from a “hold” rating to a “buy” rating and set a $36.00 price target for the company in a research report on Friday, June 29th. Finally, Sandler O’Neill downgraded shares of First Defiance Financial from a “buy” rating to a “hold” rating and set a $35.00 price target for the company. in a research report on Tuesday, July 10th.
Institutional investors and hedge funds have recently made changes to their positions in the business. MetLife Investment Advisors LLC acquired a new position in First Defiance Financial in the 4th quarter valued at $262,000. Federated Investors Inc. PA increased its stake in First Defiance Financial by 17.1% in the 1st quarter. Federated Investors Inc. PA now owns 159,137 shares of the savings and loans company’s stock valued at $9,122,000 after buying an additional 23,242 shares during the period. Maltese Capital Management LLC increased its stake in First Defiance Financial by 28.5% in the 1st quarter. Maltese Capital Management LLC now owns 160,600 shares of the savings and loans company’s stock valued at $9,206,000 after buying an additional 35,600 shares during the period. Deutsche Bank AG increased its stake in First Defiance Financial by 73.9% in the 4th quarter. Deutsche Bank AG now owns 52,749 shares of the savings and loans company’s stock valued at $2,740,000 after buying an additional 22,412 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in First Defiance Financial by 66.9% in the 1st quarter. Thrivent Financial for Lutherans now owns 103,354 shares of the savings and loans company’s stock valued at $5,925,000 after buying an additional 41,432 shares during the period. 33.23% of the stock is currently owned by institutional investors.
FDEF stock traded down $0.24 on Wednesday, hitting $32.29. The company’s stock had a trading volume of 36,655 shares, compared to its average volume of 56,565. First Defiance Financial has a 1 year low of $23.50 and a 1 year high of $35.00. The company has a market cap of $663.64 million, a price-to-earnings ratio of 18.75 and a beta of 0.75. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.00 and a quick ratio of 0.99.
First Defiance Financial (NASDAQ:FDEF) last released its quarterly earnings results on Monday, July 16th. The savings and loans company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.51 by $0.03. First Defiance Financial had a net margin of 26.66% and a return on equity of 11.09%. The firm had revenue of $36.76 million during the quarter, compared to the consensus estimate of $36.60 million. analysts anticipate that First Defiance Financial will post 2.21 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 24th. Shareholders of record on Friday, August 17th were paid a $0.17 dividend. This is a boost from First Defiance Financial’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 2.11%. The ex-dividend date was Thursday, August 16th. First Defiance Financial’s payout ratio is currently 38.86%.
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.
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