NYSE:PFS Provident Financial Services (PFS) Stock Price, News & Analysis → The 'Smart Money' Is Ready for May 1st Are You? (From Stansberry Research) (Ad) Free PFS Stock Alerts $15.54 +0.02 (+0.13%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$15.14▼$15.5950-Day Range$13.50▼$15.9852-Week Range$13.21▼$19.62Volume1.15 million shsAverage Volume714,185 shsMarket Capitalization$1.17 billionP/E Ratio9.71Dividend Yield6.18%Price Target$19.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Provident Financial Services alerts: Email Address Provident Financial Services MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside22.3% Upside$19.00 Price TargetShort InterestBearish6.97% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.63Based on 26 Articles This WeekInsider TradingSelling Shares$89,300 Sold Last QuarterProj. Earnings Growth33.33%From $1.53 to $2.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.06 out of 5 starsFinance Sector299th out of 859 stocksFederal Savings Institutions Industry9th out of 31 stocks 2.4 Analyst's Opinion Consensus RatingProvident Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageProvident Financial Services has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.97% of the float of Provident Financial Services has been sold short.Short Interest Ratio / Days to CoverProvident Financial Services has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in Provident Financial Services has recently increased by 26.39%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipProvident Financial Services is a leading dividend payer. It pays a dividend yield of 6.32%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProvident Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Provident Financial Services is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Provident Financial Services will have a dividend payout ratio of 47.06% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFS. Previous Next 3.1 News and Social Media Coverage News SentimentProvident Financial Services has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 26 news articles for Provident Financial Services this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for PFS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows12 people have added Provident Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Provident Financial Services insiders have sold 414.99% more of their company's stock than they have bought. Specifically, they have bought $17,340.00 in company stock and sold $89,300.00 in company stock.Percentage Held by InsidersOnly 4.44% of the stock of Provident Financial Services is held by insiders.Percentage Held by Institutions71.97% of the stock of Provident Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Provident Financial Services are expected to grow by 33.33% in the coming year, from $1.53 to $2.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Provident Financial Services is 9.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Provident Financial Services is 9.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.23.Price to Book Value per Share RatioProvident Financial Services has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPress$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…Go here to watch the most recent trading workshop video at no charge. About Provident Financial Services Stock (NYSE:PFS)Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, and tax compliance and planning. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.Read More PFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFS Stock News HeadlinesApril 25, 2024 | americanbankingnews.comEquities Analysts Set Expectations for Provident Financial Services, Inc.'s Q2 2024 Earnings (NYSE:PFS)April 24, 2024 | americanbankingnews.comProvident Financial Services (NYSE:PFS) Upgraded to Hold at StockNews.comApril 25, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 23, 2024 | globenewswire.comCORRECTION: Provident Bank Donates Original Bookkeeping Ledgers Dating Back to 1839 to the Jersey City Free Public LibraryApril 23, 2024 | americanbankingnews.comProvident Financial Services (NYSE:PFS) PT Raised to $19.00April 23, 2024 | americanbankingnews.comProvident Financial Services (NYSE:PFS) Raised to "Buy" at DA DavidsonApril 23, 2024 | americanbankingnews.comProvident Financial Services (NYSE:PFS) Shares Gap Up After Strong EarningsApril 22, 2024 | finance.yahoo.comProvident Financial Services, Inc. (NYSE:PFS) Q1 2024 Earnings Call TranscriptApril 25, 2024 | Crypto Swap Profits (Ad)He Is Giving Away BitcoinAnd my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.April 22, 2024 | americanbankingnews.comProvident Financial Services (NYSE:PFS) Posts Quarterly Earnings ResultsApril 22, 2024 | americanbankingnews.comProvident Financial Services, Inc. (NYSE:PFS) Receives Average Rating of "Moderate Buy" from BrokeragesApril 21, 2024 | americanbankingnews.comProvident Financial Services (NYSE:PFS) Sets New 12-Month Low at $13.21April 20, 2024 | gurufocus.comProvident Financial Services Inc (PFS) (Q1 2024) Earnings Call Transcript Highlights: Key ...April 19, 2024 | markets.businessinsider.comProvident Financial Services (PFS) Gets a Hold from KBWApril 19, 2024 | finance.yahoo.comIt's Unlikely That The CEO Of Provident Financial Services, Inc. (NYSE:PFS) Will See A Huge Pay Rise This YearApril 18, 2024 | globenewswire.comProvident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash DividendApril 16, 2024 | americanbankingnews.comProvident Financial Services (PFS) Set to Announce Quarterly Earnings on ThursdayApril 11, 2024 | globenewswire.comProvident Financial Services, Inc. Receives Federal Reserve Board Approval for its Merger with Lakeland Bancorp, Inc.April 11, 2024 | globenewswire.comProvident Financial Services, Inc. Schedules First Quarter Earnings Conference CallApril 9, 2024 | markets.businessinsider.comUnveiling 4 Analyst Insights On Provident Finl ServsApril 4, 2024 | finance.yahoo.comProvident Financial Services, I (PFS) Stock ForecastsMarch 25, 2024 | businesswire.comKBRA Assigns Ratings to Provident Financial Services, Inc.March 25, 2024 | globenewswire.comProvident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.March 20, 2024 | msn.comYork-based finance expert Asif aims to support growthMarch 18, 2024 | finance.yahoo.comInsider Sell: President Peter Schneider Sells Shares of Primerica Inc (PRI)March 16, 2024 | finance.yahoo.comPFS Oct 2024 12.500 callMarch 15, 2024 | msn.comGoCardless to acquire NuapaySee More Headlines Receive PFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Provident Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/19/2024Today4/24/2024Ex-Dividend for 5/31 Dividend4/26/2024Ex-Dividend for 5/31 Dividend4/26/2024Dividend Payable5/31/2024Dividend Payable5/31/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:PFS CUSIP74386T10 CIK1178970 Webwww.provident.bank Phone(732) 590-9200Fax201-915-5480Employees1,142Year Founded1839Price Target and Rating Average Stock Price Target$19.00 High Stock Price Target$20.00 Low Stock Price Target$17.00 Potential Upside/Downside+22.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.60 Trailing P/E Ratio9.71 Forward P/E Ratio10.16 P/E GrowthN/ANet Income$128.40 million Net Margins16.78% Pretax Margin22.92% Return on Equity7.31% Return on Assets0.86% Debt Debt-to-Equity Ratio1.25 Current Ratio1.08 Quick Ratio1.07 Sales & Book Value Annual Sales$695.65 million Price / Sales1.69 Cash Flow$1.91 per share Price / Cash Flow8.12 Book Value$22.42 per share Price / Book0.69Miscellaneous Outstanding Shares75,600,000Free Float72,244,000Market Cap$1.17 billion OptionableOptionable Beta1.07 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Christopher P. Martin (Age 68)Executive Chairman Mr. Anthony J. Labozzetta (Age 60)President, CEO & Director Comp: $1.25MMr. Thomas M. Lyons CPA (Age 60)Senior EVP & CFO Comp: $818.69kMr. George Lista (Age 64)CEO & President Provident Protection Plus, Inc. Comp: $816.92kMs. Valerie O. Murray CFP (Age 49)Executive VP & Chief Wealth Management Officer of Provident Bank Comp: $797.53kMr. Adriano M. Duarte CPA (Age 52)Executive VP, Chief Accounting Officer & Investor Relations Officer Mr. Bennett Allen MacDougall (Age 54)Executive VP, General Counsel & Corporate Secretary Ms. Sheila LearySenior VP & BSA/AML Compliance Director of Provident BankMr. Brian Giovinazzi (Age 70)Executive VP & Chief Credit Officer of the Provident Bank Comp: $856.29kMr. Walter Sierotko (Age 60)Executive VP & Chief Lending Officer of Provident Bank Comp: $782.24kMore ExecutivesKey CompetitorsBrookline BancorpNASDAQ:BRKLCapitol Federal FinancialNASDAQ:CFFNNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKKearny FinancialNASDAQ:KRNYColumbia FinancialNASDAQ:CLBKView All CompetitorsInsiders & InstitutionsValley National Advisers Inc.Sold 3,789 shares on 4/19/2024Ownership: 0.026%Hennion & Walsh Asset Management Inc.Bought 3,557 shares on 4/17/2024Ownership: 0.025%Quadrature Capital LtdBought 18,638 shares on 3/25/2024Ownership: 0.025%PNC Financial Services Group Inc.Bought 4,789 shares on 3/22/2024Ownership: 0.095%HBK Investments L PSold 252,567 shares on 3/14/2024Ownership: 0.055%View All Insider TransactionsView All Institutional Transactions PFS Stock Analysis - Frequently Asked Questions Should I buy or sell Provident Financial Services stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Financial Services in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PFS shares. View PFS analyst ratings or view top-rated stocks. What is Provident Financial Services' stock price target for 2024? 4 brokers have issued 1 year price targets for Provident Financial Services' stock. Their PFS share price targets range from $17.00 to $20.00. On average, they predict the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for PFS or view top-rated stocks among Wall Street analysts. How have PFS shares performed in 2024? Provident Financial Services' stock was trading at $18.03 at the start of the year. Since then, PFS stock has decreased by 13.8% and is now trading at $15.54. View the best growth stocks for 2024 here. Are investors shorting Provident Financial Services? Provident Financial Services saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,790,000 shares, an increase of 26.4% from the March 15th total of 3,790,000 shares. Based on an average daily trading volume, of 664,000 shares, the days-to-cover ratio is presently 7.2 days. Approximately 7.0% of the shares of the company are sold short. View Provident Financial Services' Short Interest. When is Provident Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our PFS earnings forecast. How were Provident Financial Services' earnings last quarter? Provident Financial Services, Inc. (NYSE:PFS) posted its quarterly earnings data on Friday, April, 19th. The savings and loans company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.40 by $0.03. The savings and loans company earned $114.48 million during the quarter, compared to analyst estimates of $114.50 million. Provident Financial Services had a net margin of 16.78% and a trailing twelve-month return on equity of 7.31%. The company's quarterly revenue was down 12.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.54 EPS. How often does Provident Financial Services pay dividends? What is the dividend yield for Provident Financial Services? Provident Financial Services announced a quarterly dividend on Thursday, April 18th. Shareholders of record on Monday, April 29th will be paid a dividend of $0.24 per share on Friday, May 31st. This represents a $0.96 annualized dividend and a yield of 6.18%. The ex-dividend date is Friday, April 26th. Read our dividend analysis for PFS. Is Provident Financial Services a good dividend stock? Provident Financial Services (NYSE:PFS) pays an annual dividend of $0.96 per share and currently has a dividend yield of 6.32%. PFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFS will have a dividend payout ratio of 47.06% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PFS. What ETFs hold Provident Financial Services' stock? ETFs with the largest weight of Provident Financial Services (NYSE:PFS) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), Fidelity Enhanced Small Cap ETF (FESM) and WBI Power Factor High Dividend ETF (WBIY).First Trust Merger Arbitrage ETF (MARB). What other stocks do shareholders of Provident Financial Services own? Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Financial Services investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Enterprise Products Partners (EPD), United Parcel Service (UPS), Verizon Communications (VZ), Geron (GERN), Immunomedics (IMMU) and Bank of America (BAC). Who are Provident Financial Services' major shareholders? Provident Financial Services' stock is owned by a number of institutional and retail investors. Top institutional investors include Valley National Advisers Inc. (0.03%) and Hennion & Walsh Asset Management Inc. (0.02%). Insiders that own company stock include Anthony J Labozzetta, Christopher P Martin, Edward J Leppert, Frank L Fekete, George Lista, James A Christy, James P Dunigan, John Pugliese, Matthew K Harding, Robert Mcnerney, Valerie O Murray, Vito Giannola and Walter Sierotko. View institutional ownership trends. How do I buy shares of Provident Financial Services? Shares of PFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:PFS) was last updated on 4/25/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsFed launches fourth dollar overhaulStansberry ResearchMan Who Predicted 2008: “This Will be Worse.”AltimetryNew Trump BombshellThe Freeport Society1970’s computer coder issues shocking A.I. warningTradeSmithNew York goes dark, then America.Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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