TFS Financial (NASDAQ:TFSL) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Key Points

• TFS Financial stock crossed above its 200‑day moving average ($14.07) on Wednesday, trading as high as $15.06 and last at $14.72 on volume of 567,544 shares.
• Analysts are mixed with a MarketBeat consensus rating of "Hold" and a $15.00 target (one Buy, two Hold); the company recently missed quarterly EPS ($0.08 vs. $0.09), and the stock trades at a P/E of 46 with a market cap around $4.13 billion.
• The bank pays a quarterly dividend that annualizes to $1.13 for a 7.7% yield, but it carries a very high payout ratio (353.13%), and insiders have sold 78,000 shares (~$1.16M) in the past 90 days.

TFS Financial Corporation (NASDAQ:TFSL - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.07 and traded as high as $15.06. TFS Financial shares last traded at $14.72, with a volume of 567,544 shares trading hands.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on TFSL shares. Zacks Research upgraded shares of TFS Financial to a "hold" rating in a report on Monday, January 19th. Wall Street Zen lowered TFS Financial from a "hold" rating to a "sell" rating in a report on Saturday, January 31st. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of TFS Financial in a research report on Friday, March 27th. Finally, Piper Sandler began coverage on TFS Financial in a report on Friday, January 16th. They set a "neutral" rating and a $15.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $15.00.

TFS Financial Stock Down 2.4%

The stock has a market cap of $4.13 billion, a P/E ratio of 46.00 and a beta of 0.68. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.60. The firm's fifty day moving average is $14.23 and its 200 day moving average is $14.07.

TFS Financial (NASDAQ:TFSL - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). TFS Financial had a net margin of 11.29% and a return on equity of 4.79%. The business had revenue of $83.73 million during the quarter, compared to analyst estimates of $84.97 million. As a group, equities research analysts forecast that TFS Financial Corporation will post 0.33 EPS for the current year.

TFS Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were issued a dividend of $0.2825 per share. The ex-dividend date was Wednesday, March 11th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.7%. TFS Financial's payout ratio is 353.13%.

Insider Buying and Selling

In other news, Director Barbara J. Anderson sold 11,000 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $14.21, for a total value of $156,310.00. Following the completion of the sale, the director directly owned 6,200 shares of the company's stock, valued at approximately $88,102. This represents a 63.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Meredith S. Weil sold 15,000 shares of the company's stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $14.95, for a total transaction of $224,250.00. Following the completion of the sale, the chief financial officer directly owned 52,236 shares in the company, valued at approximately $780,928.20. The trade was a 22.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 78,000 shares of company stock valued at $1,164,986 in the last ninety days. Company insiders own 0.72% of the company's stock.

Institutional Investors Weigh In On TFS Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quent Capital LLC bought a new position in TFS Financial during the third quarter worth about $27,000. Empowered Funds LLC bought a new stake in shares of TFS Financial in the 4th quarter valued at about $28,000. Comerica Bank increased its stake in shares of TFS Financial by 263.8% in the 4th quarter. Comerica Bank now owns 2,445 shares of the bank's stock valued at $33,000 after acquiring an additional 1,773 shares during the last quarter. Danske Bank A S acquired a new stake in shares of TFS Financial in the 3rd quarter valued at approximately $47,000. Finally, Elevation Wealth Partners LLC acquired a new stake in shares of TFS Financial in the 4th quarter valued at approximately $49,000. Institutional investors own 9.81% of the company's stock.

About TFS Financial

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank's lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.

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