NYSE:PFS Provident Financial Services (PFS) Stock Price, News & Analysis $19.03 +0.47 (+2.53%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.88▼$19.1650-Day Range$13.23▼$19.0352-Week Range$13.07▼$19.62Volume1.09 million shsAverage Volume1.09 million shsMarket Capitalization$2.48 billionP/E Ratio11.89Dividend Yield5.04%Price Target$18.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Provident Financial Services alerts: Email Address Provident Financial Services MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside1.5% Downside$18.75 Price TargetShort InterestHealthy3.67% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.11Based on 10 Articles This WeekInsider TradingAcquiring Shares$13,845 Bought Last QuarterProj. Earnings Growth22.35%From $1.79 to $2.19 Per ShareSee Full Details Hide Full Details 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.3.98 out of 5 starsFinance Sector254th out of 898 stocksFederal Savings Institutions Industry8th out of 36 stocks 1.4 Analyst's Opinion Consensus RatingProvident Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageProvident Financial Services has only been the subject of 1 research reports in the past 90 days.Read more about Provident Financial Services' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.67% of the outstanding shares of Provident Financial Services have been sold short.Short Interest Ratio / Days to CoverProvident Financial Services has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Provident Financial Services has recently decreased by 1.03%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipProvident Financial Services is a leading dividend payer. It pays a dividend yield of 5.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProvident Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Provident Financial Services is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Provident Financial Services will have a dividend payout ratio of 43.84% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend.Read more about Provident Financial Services' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFS. Previous Next 2.3 News and Social Media Coverage News SentimentProvident Financial Services has a news sentiment score of 0.11. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Provident Financial Services this week, compared to 2 articles on an average week.MarketBeat Follows5 people have added Provident Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Provident Financial Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $13,845.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.29% of the stock of Provident Financial Services is held by insiders.Percentage Held by Institutions71.97% of the stock of Provident Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Provident Financial Services' insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Provident Financial Services are expected to grow by 22.35% in the coming year, from $1.79 to $2.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Provident Financial Services is 11.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Provident Financial Services is 11.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.57.Price to Book Value per Share RatioProvident Financial Services has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Provident Financial Services' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWe’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! And how YOU can prepare for the next 2024 BOOM here! About Provident Financial Services Stock (NYSE:PFS)Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, and tax compliance and planning. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.Read More PFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFS Stock News HeadlinesJuly 26 at 10:39 PM | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Provident Financial Services (PFS)July 25 at 5:25 PM | globenewswire.comProvident Financial Services, Inc. Reports Second Quarter 2024 Results Inclusive of Merger-Related Costs and Declares Quarterly Cash DividendJuly 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.July 23, 2024 | americanbankingnews.comProvident Financial Services (PFS) Set to Announce Quarterly Earnings on ThursdayJuly 21, 2024 | msn.comFinancial Consultant vs. Financial Advisor: What’s the Difference?May 28, 2024 | forbes.comThe Transformative Power Of Pay For Success ProgramsMay 16, 2024 | globenewswire.comProvident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc.May 15, 2024 | barrons.comProvident Financial Services Inc.July 27, 2024 | Weiss Ratings (Ad)Nvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.May 13, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Completion of Subordinated Notes Offering and Expected Merger Closing Date for the Lakeland Bancorp, Inc. MergerMay 9, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Pricing and Upsizing of Subordinated Notes OfferingMay 9, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Launch of Subordinated Notes OfferingApril 23, 2024 | globenewswire.comCORRECTION: Provident Bank Donates Original Bookkeeping Ledgers Dating Back to 1839 to the Jersey City Free Public LibraryApril 22, 2024 | finance.yahoo.comProvident Financial Services, Inc. (NYSE:PFS) Q1 2024 Earnings Call TranscriptApril 20, 2024 | gurufocus.comProvident Financial Services Inc (PFS) (Q1 2024) Earnings Call Transcript Highlights: Key ...April 19, 2024 | markets.businessinsider.comProvident Financial Services (PFS) Gets a Hold from KBWApril 19, 2024 | finance.yahoo.comIt's Unlikely That The CEO Of Provident Financial Services, Inc. (NYSE:PFS) Will See A Huge Pay Rise This YearApril 18, 2024 | globenewswire.comProvident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash DividendSee More Headlines Receive PFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Provident Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/19/2024Ex-Dividend for 5/31 Dividend4/26/2024Dividend Payable5/31/2024Today7/27/2024Ex-Dividend for 8/30 Dividend8/16/2024Dividend Payable8/30/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:PFS CUSIP74386T10 CIK1178970 Webwww.provident.bank Phone(732) 590-9200Fax201-915-5480Employees1,142Year Founded1839Price Target and Rating Average Stock Price Target$18.75 High Stock Price Target$20.00 Low Stock Price Target$17.00 Potential Upside/Downside-1.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.60 Trailing P/E Ratio11.89 Forward P/E Ratio10.63 P/E GrowthN/ANet Income$128.40 million Net Margins9.38% Pretax Margin22.92% Return on Equity5.61% Return on Assets0.66% Debt Debt-to-Equity Ratio1.25 Current Ratio1.08 Quick Ratio1.08 Sales & Book Value Annual Sales$695.65 million Price / Sales3.57 Cash Flow$1.92 per share Price / Cash Flow9.92 Book Value$22.36 per share Price / Book0.85Miscellaneous Outstanding Shares130,520,000Free Float124,917,000Market Cap$2.48 billion OptionableOptionable Beta1.03 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Christopher P. Martin (Age 68)Executive Chairman Mr. Anthony J. Labozzetta (Age 60)President, CEO & Director Comp: $1.25MMr. Thomas M. Lyons CPA (Age 60)Senior EVP & CFO Comp: $818.69kMr. John F. Kuntz Esq. (Age 69)Senior Executive Vice President Comp: $806.96kMr. George Lista (Age 64)CEO & President Provident Protection Plus, Inc. Comp: $816.92kMs. Valerie O. Murray CFP (Age 49)Executive VP & Chief Wealth Management Officer of Provident Bank Comp: $797.53kMr. Adriano M. Duarte CPA (Age 52)Executive VP, Chief Accounting Officer & Investor Relations Officer Mr. Bennett Allen MacDougall (Age 54)Executive VP, General Counsel & Corporate Secretary Ms. Sheila LearySenior VP & BSA/AML Compliance Director of Provident BankMr. Brian Giovinazzi (Age 70)Executive VP & Chief Credit Officer of the Provident Bank Comp: $856.29kMore ExecutivesKey CompetitorsMGIC InvestmentNYSE:MTGRadian GroupNYSE:RDNTFS FinancialNASDAQ:TFSLWalker & DunlopNYSE:WDWSFS FinancialNASDAQ:WSFSView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 582,844 shares on 7/26/2024Ownership: 1.235%Signature Estate & Investment Advisors LLCBought 11,370 shares on 7/26/2024Ownership: 0.009%Louisiana State Employees Retirement SystemBought 28,300 shares on 7/24/2024Ownership: 0.050%Hennessy Advisors Inc.Bought 120,000 shares on 7/23/2024Ownership: 0.092%Nisa Investment Advisors LLCBought 1,218 shares on 7/20/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions PFS Stock Analysis - Frequently Asked Questions How have PFS shares performed this year? Provident Financial Services' stock was trading at $18.03 at the beginning of 2024. Since then, PFS shares have increased by 5.5% and is now trading at $19.03. View the best growth stocks for 2024 here. How were Provident Financial Services' earnings last quarter? Provident Financial Services, Inc. (NYSE:PFS) announced its earnings results on Friday, April, 19th. The savings and loans company reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.03. The company's revenue was down 12.3% on a year-over-year basis. Who are Provident Financial Services' major shareholders? Provident Financial Services' top institutional shareholders include Bank of New York Mellon Corp (1.24%), PL Capital Advisors LLC (0.10%), Hennessy Advisors Inc. (0.09%) and CWM LLC (0.05%). Insiders that own company stock include Christopher P Martin, Vito Giannola, Frank L Fekete, Matthew K Harding, Valerie O Murray, James P Dunigan, James A Christy, Walter Sierotko, Robert Mcnerney, George Lista, Anthony J Labozzetta and John Pugliese. View institutional ownership trends. How do I buy shares of Provident Financial Services? Shares of PFS 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. What other stocks do shareholders of Provident Financial Services own? Based on aggregate information from My MarketBeat watchlists, some other companies that Provident Financial Services investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Enterprise Products Partners (EPD), United Parcel Service (UPS) and Verizon Communications (VZ). 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