How have PROV shares performed in 2023?

Provident Financial's stock was trading at $13.77 at the beginning of 2023. Since then, PROV stock has decreased by 14.7% and is now trading at $11.75. View the best growth stocks for 2023 here .

When is Provident Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 26th 2024. View our PROV earnings forecast .

How were Provident Financial's earnings last quarter?

Provident Financial Holdings, Inc. (NASDAQ:PROV) announced its quarterly earnings results on Wednesday, October, 25th. The financial services provider reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.03. The financial services provider had revenue of $14.09 million for the quarter, compared to analysts' expectations of $10.10 million. Provident Financial had a net margin of 15.52% and a trailing twelve-month return on equity of 6.39%. During the same quarter last year, the firm earned $0.29 earnings per share.

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

Provident Financial announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.14 per share on Thursday, December 7th. This represents a $0.56 annualized dividend and a yield of 4.77%. The ex-dividend date is Wednesday, November 15th. Read our dividend analysis for PROV .

Is Provident Financial a good dividend stock?

Provident Financial (NASDAQ:PROV) pays an annual dividend of $0.56 per share and currently has a dividend yield of 4.73%. PROV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PROV will have a dividend payout ratio of 41.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PROV .

What other stocks do shareholders of Provident Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Financial investors own include TechnipFMC (FTI) , Advanced Micro Devices (AMD) , Brunswick (BC) , Booking (BKNG) , Woodward (WWD) , Canadian Natural Resources (CNQ) , Gilead Sciences (Gild) , Gladstone Commercial (GOOD) , Main Street Capital (MAIN) and Trevena (TRVN) .

Who are Provident Financial's major shareholders?

Provident Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include The Manufacturers Life Insurance Company (4.99%) and Federated Hermes Inc. (0.37%). Insiders that own company stock include Bruce Bennett, Craig G Blunden, Donavon P Ternes and William E Thomas. View institutional ownership trends .

How do I buy shares of Provident Financial?

Shares of PROV 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 .

Provident Financial (PROV) Stock Price, News & Analysis

$11.75

-0.10 (-0.84%)

(As of 03:57 PM ET)

Compare

Today's Range: $11.50
▼
$11.89
50-Day Range: $10.91
▼
$13.04
52-Week Range: $10.16
▼
$14.98

Volume: 12,611 shs
Average Volume: 5,674 shs
Market Capitalization: $82.13 million

P/E Ratio: 10.04
Dividend Yield: 4.77%
Price Target: N/A

Provident Financial MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
0.46% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.07
Upright™ Environmental Score
News Sentiment: 0.18
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 28.57%
From $1.05 to $1.35 Per Share

Overall MarketRank^™

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

2.44 out of 5 stars

Finance Sector

282nd out of 822 stocks

Federal Savings Institutions Industry

13th out of 34 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Provident Financial.

2.0

Short Interest

Percentage of Shares Shorted
0.46% of the float of Provident Financial has been sold short.
Short Interest Ratio / Days to Cover
Provident Financial has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in Provident Financial has recently increased by 1.19%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Provident Financial is a leading dividend payer. It pays a dividend yield of 4.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Provident Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Provident Financial is 47.86%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Provident Financial will have a dividend payout ratio of 41.48% next year. This indicates that Provident Financial will be able to sustain or increase its dividend.

0.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Provident Financial has received a -59.21% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "Societal stability & understanding among people", and "Equality & human rights". The negative contribution in the "Societal stability & understanding among people" impact category is driven by its "Subprime car loans", "Subprime personal loan", and "Credit cards" products. See details.
Environmental Sustainability
The Environmental Impact score for Provident Financial is -0.07.

1.8

News and Social Media Coverage

News Sentiment
Provident Financial has a news sentiment score of 0.18. 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 0.62 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Provident Financial this week, compared to 4 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Provident Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.10% of the stock of Provident Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
53.15% of the stock of Provident Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Provident Financial are expected to grow by 28.57% in the coming year, from $1.05 to $1.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Provident Financial is 10.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Provident Financial is 10.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.52.
Price to Book Value per Share Ratio
Provident Financial has a P/B Ratio of 0.64. 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 Provident Financial Stock (NASDAQ:PROV)

Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The company's deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans. It also offers investment services comprising the sale of investment products, such as annuities and mutual funds; and trustee services for real estate transactions. The company operates through full-service banking offices in Riverside County and San Bernardino County. Provident Financial Holdings, Inc. was founded in 1956 and is headquartered in Riverside, California.

PROV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PROV Stock News Headlines

December 11, 2023 | msn.com

‘Indian taxpayers prefer old income tax regime over new tax regime’; here’s why

December 10, 2023 | americanbankingnews.com

Provident Financial (NASDAQ:PROV) Research Coverage Started at StockNews.com

December 11, 2023 | Edge On The Street (Ad)

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December 8, 2023 | msn.com

Closure of Celebrate Senior Living in South Holland: ‘We could never make ends meet’

December 7, 2023 | msn.com

Public Provident Fund: Here’s how you can avoid penalties on your PPF account from a bank

December 6, 2023 | msn.com

Provident Housing to launch 5.8 mn sq ft of inventory worth ₹3,800 crore by end of this fiscal

December 2, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Provident Financial (NASDAQ:PROV)

December 1, 2023 | finance.yahoo.com

ACRES Commercial (ACR) Expands Share Buyback Program by $10M

December 11, 2023 | Autonomix (Ad)

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December 1, 2023 | finance.yahoo.com

John A. Scaldara, Jr. Named Executive Vice President - Finance at Community Heritage Financial

November 27, 2023 | msn.com

Hands off the EPF funds

November 27, 2023 | bloomberg.com

HK Regulators Urge Public to Vote in ‘Patriots Only’ Election

November 25, 2023 | msn.com

I'm earning Rs 90K and making 60% of investments in RD, PF, Sukanya Samriddhi yojana and health insurance. Is my financial plan right?

November 20, 2023 | finance.yahoo.com

Prairie Provident Resources files Amended Management’s Discussion and Analysis

November 18, 2023 | msn.com

Unveiling Singaporeans’ Secret Envy: The Malaysian Aspects They Yearn For

November 16, 2023 | finanznachrichten.de

Prairie Provident Resources Inc.: Prairie Provident Resources Announces Third Quarter 2023 Financial and Operating Results and Management Changes

November 14, 2023 | finance.yahoo.com

Prairie Provident Resources Announces Third Quarter 2023 Financial and Operating Results and Management Changes

November 9, 2023 | morningstar.com

Provident Financial Holdings Inc PROV

October 31, 2023 | markets.businessinsider.com

Provident Bank Welcomes Chao Huang as Assistant General Counsel, Investor Relations Specialist

October 31, 2023 | finance.yahoo.com

Provident Financial Holdings (NASDAQ:PROV) Has Announced A Dividend Of $0.14

October 30, 2023 | msn.com

Provident Financial Services files for automatic mixed securities shelf

October 29, 2023 | finance.yahoo.com

Provident Financial Services, Inc. (NYSE:PFS) Q3 2023 Earnings Call Transcript

October 27, 2023 | finance.yahoo.com

Provident Financial Holdings, Inc. (NASDAQ:PROV) Q1 2024 Earnings Call Transcript

October 26, 2023 | finance.yahoo.com

Provident Financial (PFS) Reports Q3 Earnings: What Key Metrics Have to Say

October 25, 2023 | finance.yahoo.com

Provident Financial Holdings Inc (PROV) Reports Q1 Fiscal Year 2024 Results

October 25, 2023 | finanznachrichten.de

Provident Financial Holdings, Inc.: Provident Financial Holdings Reports First Quarter Fiscal Year 2024 Results

October 25, 2023 | msn.com

Progress on higher pension to be taken up at EPFO's CBT meeting

See More Headlines

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Company Calendar

Last Earnings: 10/25/2023
Ex-Dividend for 12/7 Dividend: 11/15/2023
Dividend Payable: 12/07/2023
Today: 12/11/2023
Next Earnings (Estimated): 1/26/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Federal savings institutions
Sub-Industry: Thrifts & Mortgage Finance
Sector: Finance
Current Symbol: NASDAQ:PROV
CUSIP: 74386810
CIK: 1010470
Web: www.myprovident.com
Phone: (951) 686-6060
Fax: 909-782-6132
Employees: 108
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.17
Trailing P/E Ratio: 10.04
Forward P/E Ratio: 11.19
P/E Growth: N/A
Net Income: $8.59 million
Net Margins: 15.52%
Pretax Margin: 22.43%
Return on Equity: 6.39%
Return on Assets: 0.63%

Debt

Debt-to-Equity Ratio: 1.82
Current Ratio: 1.20
Quick Ratio: 1.20

Sales & Book Value

Annual Sales: $50.07 million
Price / Sales: 1.64
Cash Flow: $1.66 per share
Price / Cash Flow: 7.06
Book Value: $18.47 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 6,990,000
Free Float: 5,931,000
Market Cap: $82.13 million
Optionable: Not Optionable
Beta: 0.49

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Key Executives

Mr. Craig G. Blunden (Age 75)
Chairman & CEO
Comp: $853.93k
Mr. Donavon P. Ternes (Age 63)
President, COO, CFO & Corporate Secretary
Comp: $625.39k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PROV Stock Analysis - Frequently Asked Questions

How have PROV shares performed in 2023?: Provident Financial's stock was trading at $13.77 at the beginning of 2023. Since then, PROV stock has decreased by 14.7% and is now trading at $11.75.
View the best growth stocks for 2023 here.
When is Provident Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, January 26th 2024.
View our PROV earnings forecast.
How were Provident Financial's earnings last quarter?: Provident Financial Holdings, Inc. (NASDAQ:PROV) announced its quarterly earnings results on Wednesday, October, 25th. The financial services provider reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.03. The financial services provider had revenue of $14.09 million for the quarter, compared to analysts' expectations of $10.10 million. Provident Financial had a net margin of 15.52% and a trailing twelve-month return on equity of 6.39%. During the same quarter last year, the firm earned $0.29 earnings per share.
How often does Provident Financial pay dividends? What is the dividend yield for Provident Financial?: Provident Financial announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.14 per share on Thursday, December 7th. This represents a $0.56 annualized dividend and a yield of 4.77%. The ex-dividend date is Wednesday, November 15th.
Read our dividend analysis for PROV.

Is Provident Financial a good dividend stock?: Provident Financial (NASDAQ:PROV) pays an annual dividend of $0.56 per share and currently has a dividend yield of 4.73%. PROV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PROV will have a dividend payout ratio of 41.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PROV.
What other stocks do shareholders of Provident Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Financial investors own include TechnipFMC (FTI), Advanced Micro Devices (AMD), Brunswick (BC), Booking (BKNG), Woodward (WWD), Canadian Natural Resources (CNQ), Gilead Sciences (Gild), Gladstone Commercial (GOOD), Main Street Capital (MAIN) and Trevena (TRVN).
Who are Provident Financial's major shareholders?: Provident Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include The Manufacturers Life Insurance Company (4.99%) and Federated Hermes Inc. (0.37%). Insiders that own company stock include Bruce Bennett, Craig G Blunden, Donavon P Ternes and William E Thomas.
View institutional ownership trends.
How do I buy shares of Provident Financial?: Shares of PROV 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:PROV) was last updated on 12/11/2023 by MarketBeat.com Staff

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