NASDAQ:PFC

Premier Financial (PFC) Stock Forecast, Price & News

$17.06

+0.01 (+0.06%)

(As of 09/29/2023 ET)

Compare

Today's Range: $16.94
▼
$17.39
50-Day Range: $16.63
▼
$22.13
52-Week Range: $13.60
▼
$30.80

Volume: 200,341 shs
Average Volume: 168,139 shs
Market Capitalization: $609.55 million

P/E Ratio: 5.08
Dividend Yield: 7.27%
Price Target: $27.00

Premier Financial MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 58.3% Upside
$27.00 Price Target
Short Interest: Bearish
1.87% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.69
Based on 4 Articles This Week
Insider Trading: Selling Shares
$31,965 Sold Last Quarter
Proj. Earnings Growth: -11.57%
From $2.42 to $2.14 Per Share

Overall MarketRank^™

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

2.76 out of 5 stars

Finance Sector

205th out of 861 stocks

State Commercial Banks Industry

52nd out of 180 stocks

3.0

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, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.00, Premier Financial has a forecasted upside of 58.3% from its current price of $17.06.
Amount of Analyst Coverage
Premier Financial has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.87% 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 4.
Change versus previous month
Short interest in Premier Financial has recently increased by 43.04%, indicating that investor sentiment is decreasing significantly.

5.0

Dividend Strength

Dividend Leadership
Premier Financial is a leading dividend payer. It pays a dividend yield of 7.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Premier Financial has been increasing its dividend for 12 years.
Dividend Coverage
The dividend payout ratio of Premier Financial is 36.90%. 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 57.94% 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.

2.6

News and Social Media Coverage

News Sentiment
Premier Financial has a news sentiment score of 0.69. 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 news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Premier Financial this week, compared to 1 article on an average week.
Search Interest
Only 3 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
3 people have added Premier Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $31,965.00 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 -11.57% in the coming year, from $2.42 to $2.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Premier Financial is 5.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Premier Financial is 5.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 69.49.
Price to Book Value per Share Ratio
Premier Financial has a P/B Ratio of 0.68. 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 (NASDAQ:PFC) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

PFC Stock News Headlines

September 27, 2023 | investing.com

Premier Polyfilm Ltd (PRPF)

September 19, 2023 | finance.yahoo.com

Premier Financial Corp. Announces Second Quarter 2023 Results

October 1, 2023 | Legacy Research (Ad)

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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?

October 1, 2023 | Legacy Research (Ad)

Watch SHOCKING Footage of AI Facility with Ties to Elon Musk

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

July 18, 2023 | msn.com

Analysts Estimate Premier Financial (PFC) to Report a Decline in Earnings: What to Look Out for

July 5, 2023 | finance.yahoo.com

Premier Financial Corp. to Release Second Quarter Earnings on July 25 and Host Conference Call and Webcast on July 26

July 3, 2023 | markets.businessinsider.com

Piper Sandler Sticks to Their Hold Rating for Premier Financial (PFC)

July 3, 2023 | benzinga.com

Premier Financial Stock (NASDAQ:PFC), Insider Trading Activity

June 30, 2023 | finance.yahoo.com

Risk Strategies Acquires First Insurance Group

June 27, 2023 | msn.com

London stocks rise on China recovery optimism; miners up

June 10, 2023 | finance.yahoo.com

The past five years for Premier Financial (NASDAQ:PFC) investors has not been profitable

May 19, 2023 | seekingalpha.com

Premier Financial: Dividend Yield Of 8.45% But There Is A Better Alternative

May 8, 2023 | bloomberg.com

Premier Considering Strategic Options Including Possible Sale

May 2, 2023 | msn.com

Dynasty Financial Partners Launches Investment Bank

May 1, 2023 | msn.com

Premier Financial's Ex-Dividend Date Is Thursday, Here's What You Need To Know

April 29, 2023 | finance.yahoo.com

Is It Smart To Buy Premier Financial Corp. (NASDAQ:PFC) Before It Goes Ex-Dividend?

April 26, 2023 | msn.com

Premier Financial (PFC) Declares $0.31 Dividend

April 25, 2023 | nasdaq.com

Premier Financial (PFC) Reports Q1 Earnings: What Key Metrics Have to Say

April 25, 2023 | msn.com

Premier Financial (PFC) Q1 Earnings and Revenues Lag Estimates

April 25, 2023 | finance.yahoo.com

Premier Financial Corp. Announces First Quarter 2023 Results Including Solid Capital and Liquidity Levels

See More Headlines

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PFC Company Calendar

Last Earnings: 7/25/2023
Ex-Dividend for 8/11 Dividend: 8/03/2023
Dividend Payable: 8/11/2023
Today: 9/30/2023
Next Earnings (Estimated): 10/24/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $27.00
High Stock Price Forecast: $27.00
Low Stock Price Forecast: $27.00
Forecasted Upside/Downside: +58.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.36
Trailing P/E Ratio: 5.08
Forward P/E Ratio: 7.05
P/E Growth: N/A
Net Income: $102.19 million
Net Margins: 28.25%
Pretax Margin: 35.42%
Return on Equity: 11.11%
Return on Assets: 1.18%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 0.99
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $332.37 million
Price / Sales: 1.83
Cash Flow: $3.52 per share
Price / Cash Flow: 4.85
Book Value: $24.96 per share
Price / Book: 0.68

Miscellaneous

Outstanding Shares: 35,730,000
Free Float: 35,051,000
Market Cap: $609.55 million
Optionable: Optionable
Beta: 1.27

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Key Executives

Mr. Donald P. Hileman (Age 70)
Exec. Chairman
Comp: $175.23k

Mr. Gary M. Small (Age 62)
Pres, CEO & Director
Comp: $855.28k

Mr. Paul D. Nungester Jr. (Age 49)
CFO & Exec. VP
Comp: $463.24k

Mr. Varun Chandhok (Age 51)
Exec. VP and Chief Information & Operations Officer
Comp: $421.43k

Ms. Tina M. Shaver CAMS (Age 55)
CRCM, Exec. VP & Chief Risk Officer
Comp: $362.19k

Ms. Shannon M. Kuhl (Age 52)
Exec. VP, Chief Legal Officer & Sec.

Alicia Miller
Communications & Marketing Mang.

Ms. Kathy Bushway (Age 63)
Sr. VP & Chief Marketing Officer

Ms. Sharon L. Davis (Age 41)
Exec. VP & Chief HR Officer

Mr. Dennis E. Rose Jr. (Age 55)
Exec. VP & Chief Strategy Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PFC Stock - Frequently Asked Questions

Should I buy or sell Premier Financial stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Premier Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research 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 forecast for 2023?: 1 analysts have issued 1-year price targets for Premier Financial's stock. Their PFC share price forecasts range from $27.00 to $27.00. On average, they expect the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 58.3% 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 stock has decreased by 36.7% and is now trading at $17.06.
View the best growth stocks for 2023 here.
Are investors shorting Premier Financial?: Premier Financial saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 652,400 shares, an increase of 43.0% from the August 31st total of 456,100 shares. Based on an average trading volume of 164,900 shares, the short-interest ratio is presently 4.0 days. Currently, 1.9% of the shares of the 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, October 24th 2023.
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, July, 25th. The company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.13. The business earned $107.34 million during the quarter, compared to analysts' expectations of $69.37 million. Premier Financial had a trailing twelve-month return on equity of 11.11% and a net margin of 28.25%.
How often does Premier Financial pay dividends? What is the dividend yield for Premier Financial?: Premier Financial announced a quarterly dividend on Tuesday, July 25th. Investors of record on Friday, August 4th will be paid a dividend of $0.31 per share on Friday, August 11th. This represents a $1.24 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date is Thursday, August 3rd.
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.
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 7.32%. 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFC will have a dividend payout ratio of 57.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFC.
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 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.
What is Premier Financial's stock price today?: One share of PFC stock can currently be purchased for approximately $17.06.
How much money does Premier Financial make?: Premier Financial (NASDAQ:PFC) has a market capitalization of $609.55 million and generates $332.37 million in revenue each year. The company earns $102.19 million in net income (profit) each year or $3.36 on an earnings per share basis.
How many employees does Premier Financial have?: The company employs 1,206 workers across the globe.
How can I contact Premier Financial?: Premier Financial's mailing address is 601 CLINTON ST, DEFIANCE OH, 43512. The official website for the company is www.fdef.com. The company can be reached via phone at (419) 782-5015, via email at pnungester@first-fed.com, or via fax at 419-782-5145.

This page (NASDAQ:PFC) was last updated on 10/1/2023 by MarketBeat.com Staff

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