NYSE:PFS Provident Financial Services (PFS) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free PFS Stock Alerts $16.20 +0.09 (+0.56%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$15.96▼$16.4050-Day Range$13.50▼$16.1352-Week Range$13.21▼$19.62Volume1.65 million shsAverage Volume893,076 shsMarket Capitalization$1.23 billionP/E Ratio10.12Dividend Yield5.93%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/Downside17.3% Upside$19.00 Price TargetShort InterestBearish6.82% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.37Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth34.36%From $1.63 to $2.19 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.3.73 out of 5 starsFinance Sector359th out of 873 stocksFederal Savings Institutions Industry14th out of 36 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.Read more about Provident Financial Services' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.82% 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 6.2.Change versus previous monthShort interest in Provident Financial Services has recently increased by 10.80%, 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 5.95%, 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 43.84% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend.Read more about Provident Financial Services' 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 3.0 News and Social Media Coverage News SentimentProvident Financial Services has a news sentiment score of 0.37. 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 lower news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Provident Financial Services this week, compared to 2 articles on an average week.Search Interest6 people have searched for PFS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows8 people have added Provident Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Provident Financial Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.29% 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.Read more about Provident Financial Services' insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Provident Financial Services are expected to grow by 34.36% in the coming year, from $1.63 to $2.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Provident Financial Services is 10.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Provident Financial Services is 10.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 51.68.Price to Book Value per Share RatioProvident Financial Services has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Provident Financial Services' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaThe Overlooked Retirement Asset You Probably Don’t Own4 out of 5 Americans believe we’re on the brink of a retirement crisis. Luckily, in these unprecedented times, we have an unprecedented solution. Once considered a “fringe” investment, the crypto market is now taking the world by storm.Click here to access the Crypto Retirement Blueprint now. 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 HeadlinesMay 17 at 3:40 AM | americanbankingnews.comProvident Financial Services, Inc. (NYSE:PFS) Given Consensus Recommendation of "Moderate Buy" by BrokeragesMay 16 at 8:00 AM | globenewswire.comProvident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc.May 15 at 6:56 PM | barrons.comProvident Financial Services Inc.May 13, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Completion of Subordinated Notes Offering and Expected Merger Closing Date for the Lakeland Bancorp, Inc. MergerMay 11, 2024 | americanbankingnews.comProvident Financial Services (NYSE:PFS) Stock Price Crosses Above Two Hundred Day Moving Average of $15.71May 9, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Pricing and Upsizing of Subordinated Notes OfferingMay 9, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Launch of Subordinated Notes OfferingApril 23, 2024 | globenewswire.comCORRECTION: Provident Bank Donates Original Bookkeeping Ledgers Dating Back to 1839 to the Jersey City Free Public LibraryApril 22, 2024 | finance.yahoo.comProvident Financial Services, Inc. (NYSE:PFS) Q1 2024 Earnings Call TranscriptApril 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 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 NuapayMarch 14, 2024 | msn.comThe most affordable part of Oregon to live in, based on dataMarch 13, 2024 | msn.comRhode Island nursing home downsizes amid financial crisis, leaves families in distressSee 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 Earnings4/19/2024Ex-Dividend for 5/31 Dividend4/26/2024Ex-Dividend for 5/31 Dividend4/26/2024Today5/17/2024Dividend 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+17.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.60 Trailing P/E Ratio10.12 Forward P/E Ratio9.94 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 Ratio1.08 Sales & Book Value Annual Sales$695.65 million Price / Sales1.77 Cash Flow$1.88 per share Price / Cash Flow8.62 Book Value$22.31 per share Price / Book0.73Miscellaneous Outstanding Shares75,980,000Free Float72,724,000Market Cap$1.23 billion OptionableOptionable Beta1.04 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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. John F. Kuntz Esq. (Age 69)Senior Executive Vice President Comp: $806.96kMr. 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: $856.29kMore ExecutivesKey CompetitorsBrookline BancorpNASDAQ:BRKLCapitol Federal FinancialNASDAQ:CFFNNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKKearny FinancialNASDAQ:KRNYTFS FinancialNASDAQ:TFSLView All CompetitorsInsiders & InstitutionsComerica BankSold 3,209 shares on 5/17/2024Ownership: 0.042%Caxton Associates LPBought 11,477 shares on 5/16/2024Ownership: 0.108%Paloma Partners Management CoBought 12,609 shares on 5/16/2024Ownership: 0.017%Bayesian Capital Management LPBought 10,200 shares on 5/16/2024Ownership: 0.013%California State Teachers Retirement SystemSold 4,069 shares on 5/16/2024Ownership: 0.011%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Provident Financial Services in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 analysts have issued 12 month price targets for Provident Financial Services' shares. Their PFS share price targets range from $17.00 to $20.00. On average, they anticipate the company's share price to reach $19.00 in the next year. This suggests a possible upside of 17.3% 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 beginning of 2024. Since then, PFS shares have decreased by 10.2% and is now trading at $16.1950. View the best growth stocks for 2024 here. 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) announced its earnings results on Friday, April, 19th. The savings and loans company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.03. The savings and loans company had revenue of $114.48 million for the quarter, compared to the consensus estimate of $114.50 million. Provident Financial Services had a trailing twelve-month return on equity of 7.31% and a net margin of 16.78%. The firm's quarterly revenue was down 12.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $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 given a dividend of $0.24 per share on Friday, May 31st. This represents a $0.96 annualized dividend and a dividend yield of 5.93%. 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 5.95%. 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 43.84% 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), First Trust Small Cap Value AlphaDEX Fund (FYT), Fidelity Enhanced Small Cap ETF (FESM), IQ U.S. Small Cap ETF (CSML) 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 Vanguard Group Inc. (11.31%), Principal Financial Group Inc. (0.52%), Empowered Funds LLC (0.24%), Sei Investments Co. (0.23%), Westwood Holdings Group Inc. (0.15%) and EJF Capital LLC (0.15%). 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 5/18/2024 by MarketBeat.com Staff From Our PartnersThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingA letter is coming from the "Bureau of the Fiscal Service".Stansberry ResearchElon’s New Device is About to Shock the WorldInvestorPlaceMake this ONE trade on Tuesday at 2 p.m. EST!Monument Traders Alliance[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHe Is Giving Away BitcoinCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Provident Financial Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.