Log in

NYSE:PFSProvident Financial Services Stock Price, Forecast & News

$13.55
-0.10 (-0.73 %)
(As of 07/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$13.50
Now: $13.55
$14.48
50-Day Range
$11.32
MA: $13.25
$15.50
52-Week Range
$9.05
Now: $13.55
$25.86
Volume309,308 shs
Average Volume470,143 shs
Market Capitalization$893.08 million
P/E Ratio9.03
Dividend Yield6.79%
Beta1.01
Provident Financial Services, Inc. operates as the holding company for Provident Bank that provides various banking services to individuals, families, and businesses in the United States. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA, and KEOGH products. Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; 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, and marine loans. The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, it provides trust and estate administration services; and asset management services comprising investment management, asset allocation, trust and estate administration, financial planning, tax compliance and planning, and family office services to individuals, municipalities, non-profits, corporations, and pension funds. Further, the company 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. As of December 31, 2018, it operated 84 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.
Read More
Provident Financial Services logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.49 out of 5 stars


Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
CUSIP74386T10
Phone732-590-9200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$435.26 million
Cash Flow$1.91 per share
Book Value$21.42 per share

Profitability

Net Income$112.63 million

Miscellaneous

Employees1,015
Market Cap$893.08 million
Next Earnings Date7/30/2020 (Confirmed)
OptionableOptionable

Receive PFS News and Ratings via Email

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

Provident Financial Services (NYSE:PFS) Frequently Asked Questions

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

Provident Financial Services' stock was trading at $16.28 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PFS shares have decreased by 16.8% and is now trading at $13.55. View which stocks have been most impacted by Coronavirus.

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Financial Services in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Provident Financial Services.

When is Provident Financial Services' next earnings date?

Provident Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Provident Financial Services.

How can I listen to Provident Financial Services' earnings call?

Provident Financial Services will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Provident Financial Services' earnings last quarter?

Provident Financial Services, Inc. (NYSE:PFS) released its earnings results on Thursday, April, 30th. The savings and loans company reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.11. The savings and loans company had revenue of $88.17 million for the quarter, compared to analysts' expectations of $87.96 million. Provident Financial Services had a net margin of 22.18% and a return on equity of 6.89%. Provident Financial Services's revenue was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.48 earnings per share. View Provident Financial Services' earnings history.

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

Provident Financial Services announced a quarterly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of $0.23 per share on Friday, May 29th. This represents a $0.92 dividend on an annualized basis and a yield of 6.79%. The ex-dividend date is Thursday, May 14th. View Provident Financial Services' dividend history.

What price target have analysts set for PFS?

2 brokerages have issued 12 month price targets for Provident Financial Services' stock. Their forecasts range from $26.00 to $26.00. On average, they expect Provident Financial Services' share price to reach $26.00 in the next year. This suggests a possible upside of 91.9% from the stock's current price. View analysts' price targets for Provident Financial Services.

Has Provident Financial Services been receiving favorable news coverage?

Media stories about PFS stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Provident Financial Services earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news coverage about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Provident Financial Services.

Are investors shorting Provident Financial Services?

Provident Financial Services saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,320,000 shares, a decline of 5.0% from the May 31st total of 1,390,000 shares. Based on an average trading volume of 399,300 shares, the short-interest ratio is currently 3.3 days. Approximately 2.2% of the shares of the company are short sold. View Provident Financial Services' Current Options Chain.

Who are some of Provident Financial Services' key competitors?

What other stocks do shareholders of Provident Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Financial Services investors own include Bristol-Myers Squibb (BMY), Alibaba Group (BABA), Geron (GERN), Immunomedics (IMMU), International Paper (IP), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), AT&T (T), Verizon Communications (VZ) and Dominion Energy (D).

Who are Provident Financial Services' key executives?

Provident Financial Services' management team includes the following people:
  • Mr. Christopher P. Martin, Chairman, Pres & CEO (Age 63)
  • Mr. Thomas M. Lyons CPA, Sr. EVP & CFO (Age 55)
  • Mr. John F. Kuntz Esq., Sr. EVP, Gen. Counsel & Corp. Sec. (Age 64)
  • Mr. Donald W. Blum, Exec. VP & Chief Lending Officer of the Provident Bank (Age 63)
  • Ms. Valerie O. Murray CFP, Exec. VP & Chief Wealth Management Officer of Provident Bank (Age 44)

What is Provident Financial Services' stock symbol?

Provident Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFS."

How do I buy shares of Provident Financial Services?

Shares of PFS 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 Services' stock price today?

One share of PFS stock can currently be purchased for approximately $13.55.

How big of a company is Provident Financial Services?

Provident Financial Services has a market capitalization of $893.08 million and generates $435.26 million in revenue each year. The savings and loans company earns $112.63 million in net income (profit) each year or $1.74 on an earnings per share basis. Provident Financial Services employs 1,015 workers across the globe.

What is Provident Financial Services' official website?

The official website for Provident Financial Services is www.provident.bank.

How can I contact Provident Financial Services?

Provident Financial Services' mailing address is 239 Washington Street, JERSEY CITY NJ, 07306. The savings and loans company can be reached via phone at 732-590-9200 or via email at [email protected]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

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.