Should I buy or sell Premier Financial stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier Financial in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFC, but not buy additional shares or sell existing shares. View PFC analyst ratings or view top-rated stocks .

What is Premier Financial's stock price target for 2024?

2 analysts have issued 1 year target prices for Premier Financial's stock. Their PFC share price targets range from $23.00 to $27.00. On average, they anticipate the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price. View analysts price targets for PFC or view top-rated stocks among Wall Street analysts .

How have PFC shares performed in 2023?

Premier Financial's stock was trading at $26.97 at the start of the year. Since then, PFC shares have decreased by 25.0% and is now trading at $20.22. View the best growth stocks for 2023 here .

Are investors shorting Premier Financial?

Premier Financial saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 380,100 shares, an increase of 28.5% from the October 31st total of 295,700 shares. Based on an average daily volume of 143,100 shares, the short-interest ratio is currently 2.7 days. Approximately 1.1% of the company's stock are sold short. View Premier Financial's Short Interest .

When is Premier Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our PFC earnings forecast .

How were Premier Financial's earnings last quarter?

Premier Financial Corp. (NASDAQ:PFC) announced its quarterly earnings results on Tuesday, October, 24th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.12. The business earned $67.52 million during the quarter, compared to the consensus estimate of $65.04 million. Premier Financial had a net margin of 26.28% and a trailing twelve-month return on equity of 10.56%.

How often does Premier Financial pay dividends? What is the dividend yield for Premier Financial?

Premier Financial declared a quarterly dividend on Tuesday, October 24th. Stockholders of record on Friday, November 10th will be given a dividend of $0.31 per share on Friday, November 17th. This represents a $1.24 annualized dividend and a yield of 6.13%. The ex-dividend date is Thursday, November 9th. Read our dividend analysis for PFC .

Is Premier Financial a good dividend stock?

Premier Financial (NASDAQ:PFC) pays an annual dividend of $1.24 per share and currently has a dividend yield of 6.13%. PFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFC will have a dividend payout ratio of 57.41% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PFC .

What ETF holds Premier Financial's stock ?

ProShares Russell 2000 Dividend Growers ETF holds 478,458 shares of PFC stock, representing 1.20% of its portfolio.

Who are Premier Financial's major shareholders?

Premier Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.85%), The Manufacturers Life Insurance Company (2.54%), JPMorgan Chase & Co. (1.39%), Northern Trust Corp (1.10%), Polaris Capital Management LLC (0.99%) and LSV Asset Management (0.76%). Insiders that own company stock include Donald P Hileman, Jude J Nohra, Louis Michael Altman, Richard J Schiraldi , Samuel S Strausbaugh , Terri A Bettinger and Tina Nutter. View institutional ownership trends .

How do I buy shares of Premier Financial?

Shares of PFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Premier Financial Stock Price, News & Analysis (NASDAQ:PFC)

$20.22

+0.50 (+2.54%)

(As of 11/29/2023 ET)

Compare

Today's Range: $19.79
▼
$20.35
50-Day Range: $16.29
▼
$20.70
52-Week Range: $13.60
▼
$29.41

Volume: 153,051 shs
Average Volume: 162,454 shs
Market Capitalization: $722.52 million

P/E Ratio: 6.20
Dividend Yield: 6.13%
Price Target: $25.00

Premier Financial MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 23.6% Upside
$25.00 Price Target
Short Interest: Healthy
1.09% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.41
Based on 3 Articles This Week
Insider Trading: Selling Shares
$30,885 Sold Last Quarter
Proj. Earnings Growth: -16.28%
From $2.58 to $2.16 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Finance Sector

413th out of 837 stocks

State Commercial Banks Industry

89th out of 178 stocks

2.0

Analyst's Opinion

Consensus Rating
Premier Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.00, Premier Financial has a forecasted upside of 23.6% from its current price of $20.22.
Amount of Analyst Coverage
Premier Financial has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.09% of the float of Premier Financial has been sold short.
Short Interest Ratio / Days to Cover
Premier Financial has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Premier Financial has recently increased by 28.54%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Premier Financial is a leading dividend payer. It pays a dividend yield of 6.13%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Premier Financial has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Premier Financial is 38.04%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Premier Financial will have a dividend payout ratio of 57.41% next year. This indicates that Premier Financial will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PFC.

1.9

News and Social Media Coverage

News Sentiment
Premier Financial has a news sentiment score of 0.41. 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 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Premier Financial this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for PFC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Premier Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Premier Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $30,885.00 in company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Premier Financial is held by insiders.
Percentage Held by Institutions
65.32% of the stock of Premier Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Premier Financial are expected to decrease by -16.28% in the coming year, from $2.58 to $2.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Premier Financial is 6.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Premier Financial is 6.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.77.
Price to Book Value per Share Ratio
Premier Financial has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Premier Financial Stock (NASDAQ:PFC)

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and online banking services, which include mobile banking, person-to-person payments, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was founded in 1920 and is headquartered in Defiance, Ohio.

PFC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PFC Stock News Headlines

November 28, 2023 | bizjournals.com

Denver credit union launches financial literacy app

November 22, 2023 | americanbankingnews.com

Hovde Group Initiates Coverage on Premier Financial (NASDAQ:PFC)

November 30, 2023 | Autonomix (Ad)

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November 4, 2023 | finance.yahoo.com

Premier Financial Corp. (NASDAQ:PFC) Looks Interesting, And It's About To Pay A Dividend

November 2, 2023 | msn.com

Premier Financial (PFC) Price Target Increased by 5.56% to 24.23

November 1, 2023 | morningstar.com

Premier Financial Corp PFC

October 30, 2023 | investing.com

Premier Products PCL (PPP)

October 26, 2023 | finance.yahoo.com

Premier Financial Corp. (NASDAQ:PFC) Q3 2023 Earnings Call Transcript

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 26, 2023 | uk.style.yahoo.com

‘Waving £20 notes…we remember’: Portsmouth fans’ angry response to calls to support Reading protests

October 26, 2023 | news.yahoo.com

Premier Financial Corp (PFC) Q3 2023 Earnings: Core Net Income and Net Interest Margin Rise

October 25, 2023 | finance.yahoo.com

Premier Financial (PFC) Surpasses Q3 Earnings and Revenue Estimates

October 25, 2023 | msn.com

Premier Financial (PFC) Reports Q3 Earnings: What Key Metrics Have to Say

October 24, 2023 | finance.yahoo.com

Premier Financial Corp. Announces Third Quarter 2023 Results Including Core Deposit Growth and Increased Net Interest Margin

October 23, 2023 | benzinga.com

Premier Financial's Earnings Outlook

October 10, 2023 | investing.com

Premier SRI-KEHATI (XISR)

October 3, 2023 | finance.yahoo.com

Premier Financial Corp. to Release Third Quarter Earnings on October 24 and Host Conference Call and Webcast on October 25

October 1, 2023 | businessinsider.com

IHG One Rewards Premier Credit Card Review 2023

September 27, 2023 | investing.com

Premier Polyfilm Ltd (PRPF)

September 19, 2023 | finance.yahoo.com

Premier Financial Corp. Announces Second Quarter 2023 Results

September 5, 2023 | finance.yahoo.com

Premier Financial Corp. (NASDAQ:PFC) is largely controlled by institutional shareholders who own 66% of the company

August 18, 2023 | finance.yahoo.com

Premier Financial (PFC) Stock to Watch on 6.2% Dividend Yield

August 8, 2023 | seekingalpha.com

Premier Financial: Price Per Share Shoots Up But Doubts Remain

August 2, 2023 | msn.com

Premier Financial (PFC) Price Target Increased by 7.09% to 23.12

July 27, 2023 | finance.yahoo.com

Do Premier Financial's (NASDAQ:PFC) Earnings Warrant Your Attention?

July 25, 2023 | finance.yahoo.com

Premier Financial (PFC) Q2 Earnings and Revenues Top Estimates

July 25, 2023 | msn.com

Premier Financial (PFC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

See More Headlines

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Company Calendar

Last Earnings: 10/24/2023
Ex-Dividend for 11/17 Dividend: 11/09/2023
Dividend Payable: 11/17/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:PFC
CUSIP: N/A
CIK: 946647
Web: www.fdef.com
Phone: (419) 782-5015
Fax: 419-782-5145
Employees: 1,206
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $25.00
High Stock Price Target: $27.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +23.7%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.26
Trailing P/E Ratio: 6.20
Forward P/E Ratio: 7.83
P/E Growth: N/A
Net Income: $102.19 million
Net Margins: 26.28%
Pretax Margin: 32.90%
Return on Equity: 10.56%
Return on Assets: 1.13%

Debt

Debt-to-Equity Ratio: 0.46
Current Ratio: 0.98
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: $339.87 million
Price / Sales: 2.12
Cash Flow: $3.58 per share
Price / Cash Flow: 5.65
Book Value: $25.74 per share
Price / Book: 0.79

Miscellaneous

Outstanding Shares: 35,730,000
Free Float: 35,054,000
Market Cap: $722.10 million
Optionable: Optionable
Beta: 1.27

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Key Executives

Mr. Donald P. Hileman (Age 70)
Executive Chairman
Comp: $175.23k
Mr. Gary M. Small (Age 62)
President, CEO & Director
Comp: $855.28k
Mr. Paul D. Nungester Jr. (Age 49)
CFO & Executive VP
Comp: $463.24k
Mr. Varun Chandhok (Age 51)
Executive VP and Chief Information & Operations Officer
Comp: $421.43k
Ms. Tina M. Shaver CAMS (Age 55)
CRCM, Executive VP & Chief Risk Officer
Comp: $362.19k
Ms. Shannon M. Kuhl (Age 52)
Executive VP, Chief Legal Officer & Secretary
Alicia Miller
Communications & Marketing Manager
Ms. Kathy Bushway (Age 63)
Senior VP & Chief Marketing Officer
Ms. Sharon L. Davis (Age 41)
Executive VP & Chief Human Resources Officer
Comp: $268.71k
Mr. Dennis E. Rose Jr. (Age 55)
Executive VP & Chief Strategy Officer
Comp: $254.81k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Premier Financial stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier Financial in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFC, but not buy additional shares or sell existing shares.
View PFC analyst ratings or view top-rated stocks.
What is Premier Financial's stock price target for 2024?: 2 analysts have issued 1 year target prices for Premier Financial's stock. Their PFC share price targets range from $23.00 to $27.00. On average, they anticipate the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for PFC or view top-rated stocks among Wall Street analysts.
How have PFC shares performed in 2023?: Premier Financial's stock was trading at $26.97 at the start of the year. Since then, PFC shares have decreased by 25.0% and is now trading at $20.22.
View the best growth stocks for 2023 here.
Are investors shorting Premier Financial?: Premier Financial saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 380,100 shares, an increase of 28.5% from the October 31st total of 295,700 shares. Based on an average daily volume of 143,100 shares, the short-interest ratio is currently 2.7 days. Approximately 1.1% of the company's stock are sold short.
View Premier Financial's Short Interest.
When is Premier Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our PFC earnings forecast.
How were Premier Financial's earnings last quarter?: Premier Financial Corp. (NASDAQ:PFC) announced its quarterly earnings results on Tuesday, October, 24th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.12. The business earned $67.52 million during the quarter, compared to the consensus estimate of $65.04 million. Premier Financial had a net margin of 26.28% and a trailing twelve-month return on equity of 10.56%.

How often does Premier Financial pay dividends? What is the dividend yield for Premier Financial?: Premier Financial declared a quarterly dividend on Tuesday, October 24th. Stockholders of record on Friday, November 10th will be given a dividend of $0.31 per share on Friday, November 17th. This represents a $1.24 annualized dividend and a yield of 6.13%. The ex-dividend date is Thursday, November 9th.
Read our dividend analysis for PFC.
Is Premier Financial a good dividend stock?: Premier Financial (NASDAQ:PFC) pays an annual dividend of $1.24 per share and currently has a dividend yield of 6.13%. PFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFC will have a dividend payout ratio of 57.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFC.
What ETF holds Premier Financial's stock ?: ProShares Russell 2000 Dividend Growers ETF holds 478,458 shares of PFC stock, representing 1.20% of its portfolio.
Who are Premier Financial's major shareholders?: Premier Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.85%), The Manufacturers Life Insurance Company (2.54%), JPMorgan Chase & Co. (1.39%), Northern Trust Corp (1.10%), Polaris Capital Management LLC (0.99%) and LSV Asset Management (0.76%). Insiders that own company stock include Donald P Hileman, Jude J Nohra, Louis Michael Altman, Richard J Schiraldi, Samuel S Strausbaugh, Terri A Bettinger and Tina Nutter.
View institutional ownership trends.
How do I buy shares of Premier Financial?: Shares of PFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:PFC) was last updated on 11/30/2023 by MarketBeat.com Staff

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