Log in

NASDAQ:PROVProvident Financial Stock Price, Forecast & News

$12.75
-0.12 (-0.93 %)
(As of 06/1/2020 04:00 PM ET)
Add
Compare
Today's Range
$12.75
Now: $12.75
$13.27
50-Day Range
$12.26
MA: $12.91
$13.97
52-Week Range
$11.78
Now: $12.75
$22.99
Volume10,599 shs
Average Volume15,437 shs
Market Capitalization$94.86 million
P/E Ratio14.33
Dividend Yield4.35%
Beta0.57
Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F.S.B. that provides community and mortgage banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. It operates through two segments, Provident Bank and Provident Bank Mortgage. 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, commercial business, consumer, and other mortgage loans. It also originates, purchases, and sells single-family mortgage loans, including second mortgages and equity lines of credit. In addition, the company offers investment services comprising the sale of investment products, such as annuities and mutual funds; and trustee services for real estate transactions. It operates through 13 full-service banking offices in Riverside County and 1 full-service banking office in San Bernardino County. The company was founded in 1956 and is based in Riverside, California.
Read More
Provident Financial logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.96 out of 5 stars


Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:PROV
CUSIP74386810
Phone951-686-6060

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$56.89 million
Cash Flow$0.99 per share
Book Value$16.09 per share

Profitability

Net Income$4.42 million

Miscellaneous

Employees320
Market Cap$94.86 million
Next Earnings Date8/4/2020 (Estimated)
OptionableNot Optionable

Receive PROV News and Ratings via Email

Sign-up to receive the latest news and ratings for PROV and its competitors with MarketBeat's FREE daily newsletter.

Provident Financial (NASDAQ:PROV) Frequently Asked Questions

How has Provident Financial's stock been impacted by COVID-19 (Coronavirus)?

Provident Financial's stock was trading at $15.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PROV stock has decreased by 19.2% and is now trading at $12.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Provident Financial?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Financial in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Provident Financial.

When is Provident Financial's next earnings date?

Provident Financial is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Provident Financial.

How were Provident Financial's earnings last quarter?

Provident Financial Holdings, Inc. (NASDAQ:PROV) posted its earnings results on Tuesday, April, 28th. The financial services provider reported $0.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.17. The financial services provider earned $9.99 million during the quarter, compared to analysts' expectations of $10.98 million. Provident Financial had a net margin of 14.25% and a return on equity of 5.63%. View Provident Financial's earnings history.

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

Provident Financial declared a quarterly dividend on Thursday, April 30th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.14 per share on Thursday, June 11th. This represents a $0.56 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Wednesday, May 20th. View Provident Financial's dividend history.

What price target have analysts set for PROV?

2 Wall Street analysts have issued 12-month target prices for Provident Financial's shares. Their forecasts range from $23.00 to $24.50. On average, they expect Provident Financial's share price to reach $23.75 in the next twelve months. This suggests a possible upside of 86.3% from the stock's current price. View analysts' price targets for Provident Financial.

Has Provident Financial been receiving favorable news coverage?

News articles about PROV stock have been trending very positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Provident Financial earned a coverage optimism score of 3.5 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutProvident Financial.

Are investors shorting Provident Financial?

Provident Financial saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 18,000 shares, a drop of 12.2% from the April 15th total of 20,500 shares. Based on an average trading volume of 14,200 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.3% of the shares of the stock are sold short. View Provident Financial's Current Options Chain.

Who are some of Provident Financial's key competitors?

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 Booking (BKNG), TechnipFMC (FTI), Woodward, Inc.Common Stock (WWD), Gladstone Commercial (GOOD), Main Street Capital (MAIN), Ring Energy (REI), Ring Energy (REI), General Electric (GE), Gilead Sciences (Gild) and Occidental Petroleum (OXY).

Who are Provident Financial's key executives?

Provident Financial's management team includes the following people:
  • Mr. Craig G. Blunden, Chairman & CEO (Age 71)
  • Mr. Donavon P. Ternes, Pres, COO, CFO & Corp. Sec. (Age 59)

What is Provident Financial's stock symbol?

Provident Financial trades on the NASDAQ under the ticker symbol "PROV."

Who are Provident Financial's major shareholders?

Provident Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.62%), M3F Inc. (4.35%), The Manufacturers Life Insurance Company (4.31%), Acadian Asset Management LLC (1.50%), State Street Corp (1.44%) and Wellington Management Group LLP (0.83%). Company insiders that own Provident Financial stock include Craig G Blunden, David Weiant and Donavon P Ternes. View institutional ownership trends for Provident Financial.

Which institutional investors are selling Provident Financial stock?

PROV stock was sold by a variety of institutional investors in the last quarter, including M3F Inc., The Manufacturers Life Insurance Company , Deutsche Bank AG, Morgan Stanley, UBS Group AG, Federated Hermes Inc., and Acadian Asset Management LLC. View insider buying and selling activity for Provident Financial.

Which institutional investors are buying Provident Financial stock?

PROV stock was acquired by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, State Street Corp, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., BlackRock Inc., Wellington Management Group LLP, Geode Capital Management LLC, and Wells Fargo & Company MN. View insider buying and selling activity for Provident Financial.

How do I buy shares of Provident Financial?

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

What is Provident Financial's stock price today?

One share of PROV stock can currently be purchased for approximately $12.75.

How big of a company is Provident Financial?

Provident Financial has a market capitalization of $94.86 million and generates $56.89 million in revenue each year. The financial services provider earns $4.42 million in net income (profit) each year or $0.58 on an earnings per share basis. Provident Financial employs 320 workers across the globe.

What is Provident Financial's official website?

The official website for Provident Financial is www.myprovident.com.

How can I contact Provident Financial?

Provident Financial's mailing address is 3756 CENTRAL AVE, RIVERSIDE CA, 92506. The financial services provider can be reached via phone at 951-686-6060 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.