NASDAQ:PROV

Provident Financial (PROV) Stock Price, News & Analysis

$12.85
+0.29 (+2.31%)
(As of 03:01 PM ET)
Today's Range
$12.54
$13.00
50-Day Range
$12.38
$14.28
52-Week Range
$10.16
$15.40
Volume
3,001 shs
Average Volume
5,316 shs
Market Capitalization
$89.05 million
P/E Ratio
12.36
Dividend Yield
4.36%
Price Target
$14.00

Provident Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.9% Upside
$14.00 Price Target
Short Interest
Healthy
0.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.07
Upright™ Environmental Score
News Sentiment
0.04mentions of Provident Financial in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
23.81%
From $1.05 to $1.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.09 out of 5 stars

Finance Sector

303rd out of 855 stocks

Federal Savings Institutions Industry

9th out of 33 stocks

PROV stock logo

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

PROV Stock News Headlines

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A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
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See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Ex-Dividend for 3/7 Dividend
2/14/2024
Dividend Payable
3/07/2024
Today
5/02/2024
Ex-Dividend for 6/6 Dividend
5/15/2024
Dividend Payable
6/06/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
7/24/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Federal savings institutions
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:PROV
CUSIP
74386810
Employees
108
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$14.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+11.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$8.59 million
Pretax Margin
20.87%

Debt

Sales & Book Value

Annual Sales
$50.07 million
Cash Flow
$1.63 per share
Book Value
$18.47 per share

Miscellaneous

Free Float
5,881,000
Market Cap
$87.04 million
Optionable
Not Optionable
Beta
0.40
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PROV Stock Analysis - Frequently Asked Questions

Should I buy or sell Provident Financial stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Provident Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PROV shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PROV, but not buy additional shares or sell existing shares.
View PROV analyst ratings
or view top-rated stocks.

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

1 brokers have issued 12-month price objectives for Provident Financial's shares. Their PROV share price targets range from $14.00 to $14.00. On average, they predict the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
View analysts price targets for PROV
or view top-rated stocks among Wall Street analysts.

How have PROV shares performed in 2024?

Provident Financial's stock was trading at $12.61 at the beginning of 2024. Since then, PROV stock has increased by 2.0% and is now trading at $12.86.
View the best growth stocks for 2024 here
.

Are investors shorting Provident Financial?

Provident Financial saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 36,900 shares, a decline of 17.1% from the March 31st total of 44,500 shares. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is presently 7.4 days. Currently, 0.7% of the shares of the stock are short sold.
View Provident Financial's Short Interest
.

When is Provident Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our PROV earnings forecast
.

How were Provident Financial's earnings last quarter?

Provident Financial Holdings, Inc. (NASDAQ:PROV) issued its earnings results on Wednesday, October, 25th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.03. The financial services provider earned $14.09 million during the quarter, compared to analyst estimates of $10.10 million. Provident Financial had a net margin of 12.57% and a trailing twelve-month return on equity of 5.56%. During the same period last year, the business posted $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, April 25th. Investors of record on Thursday, May 16th will be paid a dividend of $0.14 per share on Thursday, June 6th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date is Wednesday, May 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 4.33%. PROV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 53.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PROV will have a dividend payout ratio of 43.08% 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 a number of retail and institutional investors. Top institutional investors include Talbot Financial LLC (0.79%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PROV) was last updated on 5/2/2024 by MarketBeat.com Staff

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