NASDAQ:PFC

Premier Financial Stock Forecast, Price & News

$26.20

+0.01 (+0.04 %)

(As of 01/22/2021 02:45 PM ET)

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Today's Range

$25.76

Now: $26.20▼

$26.22

50-Day Range

$22.04

MA: $23.57▼

$25.96

52-Week Range

$10.98

Now: $26.20▼

$31.96

Volume4,466 shs

Average Volume105,410 shs

Market Capitalization$977.08 million

P/E Ratio18.85

Dividend Yield3.39%

Beta1.47

Premier Financial Corp. operates as the holding company for Premier Bank and First Insurance Group that provides community banking and financial services. It offers checking accounts, savings accounts, and retirement accounts; mortgages, home equity loans, and auto and vehicle loans; debit cards; trustee services; and various insurance products, such as auto/vehicle, health, homeowners, and life insurance, as well as property, liability, business vehicle, cybersecurity, risk management, and employee group plans. The company also provides commercial real estate loans, equipment loans, working capital lines of credit, agricultural loans, construction loans, SBA/USDA loans, and letters of credit; remote deposit, cash management, merchant, government banking, lockbox, ACH and check positive pay, and wire transfer services; investment products; and Internet and mobile banking services. It operates through 78 branches, 12 loan offices, and 2 wealth offices in Ohio, Michigan, Indiana, and Pennsylvania; and insurance agency with ten offices in Ohio. 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 incorporated in 1995 and is headquartered in Defiance, Ohio.

Overall MarketRank^™

1.89 out of 5 stars

Finance Sector

327th out of 1,934 stocks

State Commercial Banks Industry

71st out of 309 stocks

1.5 Analyst's Opinion

Consensus Rating
Premier Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.50, Premier Financial has a forecasted downside of 6.0% from its current price of $26.05.
Amount of Analyst Coverage
Premier Financial has only been the subject of 1 research reports in the past 90 days.

1.7 Community Rank

Outperform Votes
Premier Financial has received 1 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Premier Financial has received 2 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Premier Financial has received 66.67% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Premier Financial and other stocks. Vote “Outperform” if you believe PFC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PFC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Premier Financial pays a meaningful dividend of 3.39%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Premier Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Premier Financial is 34.78%. 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 38.26% next year. This indicates that Premier Financial will be able to sustain or increase its dividend.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Premier Financial insiders have bought 410.13% more of their company's stock than they have sold. Specifically, they have bought $534,990.00 in company stock and sold $104,874.00 in company stock.
Percentage Held by Insiders
Only 1.64% of the stock of Premier Financial is held by insiders.
Percentage Held by Institutions
64.10% of the stock of Premier Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Premier Financial are expected to decrease by -10.85% in the coming year, from $2.58 to $2.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Premier Financial is 18.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of Premier Financial is 18.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.91.
Price to Book Value per Share Ratio
Premier Financial has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:PFC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.fdef.com

Phone419-782-5015

Employees699

Debt

Debt-to-Equity Ratio0.12

Current Ratio0.99

Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio18.85

Forward P/E Ratio10.16

P/E GrowthN/A

Sales & Book Value

Annual Sales$186.04 million

Price / Sales5.25

Cash Flow$3.05 per share

Price / Cash Flow8.58

Book Value$21.60 per share

Price / Book1.21

Profitability

EPS (Most Recent Fiscal Year)$2.53

Net Income$49.37 million

Net Margins15.58%

Return on Equity9.61%

Return on Assets1.30%

Miscellaneous

Outstanding Shares37,293,000

Market Cap$977.08 million

Next Earnings Date1/26/2021 (Confirmed)

OptionableOptionable

$26.20

+0.01 (+0.04 %)

(As of 01/22/2021 02:45 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Premier Financial (NASDAQ:PFC) Frequently Asked Questions

Is Premier Financial a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Premier Financial in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Premier Financial stock.
View analyst ratings for Premier Financial or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Premier Financial?

Wall Street analysts have given Premier Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Premier Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Premier Financial's CEO?

1,448 employees have rated Premier Financial CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Premier Financial's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Premier Financial's next earnings date?

Premier Financial is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Premier Financial.

How can I listen to Premier Financial's earnings call?

Premier Financial will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Premier Financial announced a quarterly dividend on Tuesday, October 20th. Investors of record on Friday, November 13th will be given a dividend of $0.22 per share on Friday, November 20th. This represents a $0.88 annualized dividend and a dividend yield of 3.37%. The ex-dividend date is Thursday, November 12th.
View Premier Financial's dividend history.

Is Premier Financial a good dividend stock?

Premier Financial pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.39%. The dividend payout ratio of Premier Financial is 34.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Premier Financial will have a dividend payout ratio of 38.26% next year. This indicates that Premier Financial will be able to sustain or increase its dividend.
View Premier Financial's dividend history.

What price target have analysts set for PFC?

3 Wall Street analysts have issued 12-month price objectives for Premier Financial's stock. Their forecasts range from $22.00 to $26.00. On average, they anticipate Premier Financial's share price to reach $24.50 in the next twelve months. This suggests that the stock has a possible downside of 6.1%.
View analysts' price targets for Premier Financial or view Wall Street analyst' top-rated stocks.

Who are some of Premier Financial's key competitors?

Some companies that are related to Premier Financial include Wintrust Financial (WTFC), Home Bancshares, Inc. (Conway, AR) (HOMB), Texas Capital Bancshares (TCBI), First Hawaiian (FHB), Pacific Premier Bancorp (PPBI), Bank of Hawaii (BOH), Hancock Whitney (HWC), BancorpSouth Bank (BXS), Ameris Bancorp (ABCB), Associated Banc (ASB), Columbia Banking System (COLB), Hilltop (HTH), Investors Bancorp (ISBC), CVB Financial (CVBF) and Independent Bank Group (IBTX).
View all of PFC's competitors.

Who are Premier Financial's key executives?

Premier Financial's management team includes the following people:

Mr. Donald P. Hileman, CEO & Director (Age 68, Pay $830.26k)
Mr. Paul D. Nungester Jr., CFO & Exec. VP (Age 47, Pay $411.06k)
Mr. Dennis E. Rose Jr., Exec. VP, COO & Director of Strategy Management (Age 53, Pay $254.81k)
Ms. Sharon L. Davis, Exec. VP & Chief HR Officer (Age 39, Pay $268.71k)
Mr. John R. Reisner, Exec. VP, Chief Risk Officer & Legal Counsel (Age 65, Pay $317.3k)
Mr. Gary M. Small, Pres & Director (Age 60)
Mr. Douglas R. Young, Sr. VP & Chief Information Technology Officer
Mr. Gary Verhoff, Compliance Officer
Mr. Jude Joseph Nohra, EVP, Chief Gen. Counsel & Director of Enterprise Risk Management (Age 52)
Ms. Tera Murphy, VP & Marketing Director

What is Premier Financial's stock symbol?

Premier Financial trades on the NASDAQ under the ticker symbol "PFC."

How do I buy shares of Premier Financial?

Shares of PFC 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.

What is Premier Financial's stock price today?

One share of PFC stock can currently be purchased for approximately $26.08.

How big of a company is Premier Financial?

Premier Financial has a market capitalization of $972.60 million and generates $186.04 million in revenue each year. The company earns $49.37 million in net income (profit) each year or $2.53 on an earnings per share basis. Premier Financial employs 699 workers across the globe.

What is Premier Financial's official website?

The official website for Premier Financial is www.fdef.com.

How can I contact Premier Financial?

Premier Financial's mailing address is 601 CLINTON ST, DEFIANCE OH, 43512. The company can be reached via phone at 419-782-5015 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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