50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,719.04
DOW   29,683.74
QQQ   279.94
Mullen Automotive Is Ready To Get In Gear
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
You Don't Have to Go It Alone. It's Time to Let Go and Let Others Help.
Cracker Barrel: A Tasty Treat Or Bad Apple? 
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
Alzheimer's drug shows promise in early results of study
Can United Natural Foods Fight Both Inflation and the Fed?
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
This Little Known Small Cap Is Up 139%: Is The Stock A Buy?
Bank of England to buy UK bonds to avert financial risk
S&P 500   3,719.04
DOW   29,683.74
QQQ   279.94
Mullen Automotive Is Ready To Get In Gear
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
You Don't Have to Go It Alone. It's Time to Let Go and Let Others Help.
Cracker Barrel: A Tasty Treat Or Bad Apple? 
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
Alzheimer's drug shows promise in early results of study
Can United Natural Foods Fight Both Inflation and the Fed?
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
This Little Known Small Cap Is Up 139%: Is The Stock A Buy?
Bank of England to buy UK bonds to avert financial risk
S&P 500   3,719.04
DOW   29,683.74
QQQ   279.94
Mullen Automotive Is Ready To Get In Gear
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
You Don't Have to Go It Alone. It's Time to Let Go and Let Others Help.
Cracker Barrel: A Tasty Treat Or Bad Apple? 
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
Alzheimer's drug shows promise in early results of study
Can United Natural Foods Fight Both Inflation and the Fed?
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
This Little Known Small Cap Is Up 139%: Is The Stock A Buy?
Bank of England to buy UK bonds to avert financial risk
S&P 500   3,719.04
DOW   29,683.74
QQQ   279.94
Mullen Automotive Is Ready To Get In Gear
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
You Don't Have to Go It Alone. It's Time to Let Go and Let Others Help.
Cracker Barrel: A Tasty Treat Or Bad Apple? 
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
Alzheimer's drug shows promise in early results of study
Can United Natural Foods Fight Both Inflation and the Fed?
Biden Warns America on China: "They're Going to Eat Our Lunch" (Ad)
This Little Known Small Cap Is Up 139%: Is The Stock A Buy?
Bank of England to buy UK bonds to avert financial risk
NYSE:PFS

Provident Financial Services - PFS Stock Forecast, Price & News

$20.01
-0.26 (-1.28%)
(As of 09/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$19.88
$20.54
50-Day Range
$20.27
$25.56
52-Week Range
$19.88
$26.20
Volume
1.37 million shs
Average Volume
346,876 shs
Market Capitalization
$1.51 billion
P/E Ratio
9.57
Dividend Yield
4.74%
Price Target
$28.00

Provident Financial Services MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
39.9% Upside
$28.00 Price Target
Short Interest
Bearish
2.38% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.54mentions of Provident Financial Services in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.01%
From $2.27 to $2.52 Per Share

Overall MarketRank

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

2.75 out of 5 stars

Finance Sector

212th out of 923 stocks

Federal Savings Institutions Industry

6th out of 45 stocks

PFS stock logo

About Provident Financial Services (NYSE:PFS) Stock

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. The company's deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA 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, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle 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 wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking. 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, 2021, it operated 96 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania and New York counties. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.

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.

PFS Stock News Headlines

Best Income Stocks to Buy for September 27th
Damiano Tulipani Joins Provident Bank
PFS Provident Financial Services, Inc.
Provident Financial Services, Inc. (PFS)
Best Income Stocks to Buy for June 9th
Provident Financial Services Tops Q1 EPS by 12c
See 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.

PFS Company Calendar

Last Earnings
7/29/2022
Ex-Dividend for 8/26 Dividend
8/11/2022
Dividend Payable
8/26/2022
Today
9/29/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Federal savings institutions
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
CUSIP
74386T10
Employees
1,159
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$28.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+39.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$167.92 million
Pretax Margin
43.56%

Debt

Sales & Book Value

Annual Sales
$489.15 million
Cash Flow
$2.41 per share
Book Value
$21.93 per share

Miscellaneous

Free Float
72,229,000
Market Cap
$1.51 billion
Optionable
Optionable
Beta
0.88

Key Executives

  • Mr. Christopher P. Martin (Age 66)
    Exec. Chairman
    Comp: $1.83M
  • Mr. Anthony J. Labozzetta (Age 58)
    Pres, CEO & Director
    Comp: $1.33M
  • Mr. Thomas M. Lyons CPA (Age 58)
    Sr. EVP & CFO
    Comp: $998.69k
  • Mr. John F. Kuntz Esq. (Age 67)
    Sr. EVP, Gen. Counsel & Corp. Sec.
    Comp: $986.11k
  • Ms. Valerie O. Murray CFP (Age 47)
    Exec. VP & Chief Wealth Management Officer of Provident Bank
    Comp: $811.46k
  • Adriano M. Duarte
    Sr. VP & Investor Relations Officer
  • Mr. Robert G. Capozzoli (Age 51)
    Sr. VP & Chief Marketing Officer
  • Mr. Brian Giovinazzi (Age 68)
    Exec. VP & Chief Credit Officer of the Provident Bank
  • Mr. Frank S. Muzio CPA (Age 69)
    Exec. VP & Chief Accounting Officer of Provident Bank
  • Mr. James A. ChristyMr. James A. Christy (Age 55)
    Exec. VP & Chief Risk Officer of Provident Bank













PFS Stock - Frequently Asked Questions

Should I buy or sell Provident Financial Services stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Provident Financial Services in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFS, but not buy additional shares or sell existing shares.
View PFS analyst ratings
or view top-rated stocks.

What is Provident Financial Services' stock price forecast for 2022?

3 Wall Street analysts have issued 12-month target prices for Provident Financial Services' shares. Their PFS share price forecasts range from $26.00 to $30.00. On average, they expect the company's share price to reach $28.00 in the next year. This suggests a possible upside of 39.9% from the stock's current price.
View analysts price targets for PFS
or view top-rated stocks among Wall Street analysts.

How have PFS shares performed in 2022?

Provident Financial Services' stock was trading at $24.22 at the start of the year. Since then, PFS shares have decreased by 17.4% and is now trading at $20.01.
View the best growth stocks for 2022 here
.

When is Provident Financial Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our PFS earnings forecast
.

How were Provident Financial Services' earnings last quarter?

Provident Financial Services, Inc. (NYSE:PFS) issued its earnings results on Friday, July, 29th. The savings and loans company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.52 by $0.01. The savings and loans company earned $120.41 million during the quarter, compared to analysts' expectations of $120.12 million. Provident Financial Services had a net margin of 31.96% and a trailing twelve-month return on equity of 9.59%. The firm's revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.58 earnings per share.

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

Provident Financial Services declared a quarterly dividend on Monday, August 1st. Investors of record on Friday, August 12th will be paid a dividend of $0.24 per share on Friday, August 26th. This represents a $0.96 annualized dividend and a yield of 4.80%. The ex-dividend date is Thursday, August 11th.
Read our dividend analysis for PFS
.

Is Provident Financial Services a good dividend stock?

Provident Financial Services (NYSE:PFS) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.74%. PFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFS will have a dividend payout ratio of 38.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFS.

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), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Enterprise Products Partners (EPD), United Parcel Service (UPS), Verizon Communications (VZ), Geron (GERN), Immunomedics (IMMU) and Bank of America (BAC).

What is Provident Financial Services' stock symbol?

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

Who are Provident Financial Services' major shareholders?

Provident Financial Services' stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (4.32%), Principal Financial Group Inc. (2.70%), Northern Trust Corp (1.00%), Victory Capital Management Inc. (0.91%), Voya Investment Management LLC (0.39%) and Renaissance Technologies LLC (0.37%). Insiders that own company stock include Edward J Leppert, Frank L Fekete, George Lista, James A Christy, James P Dunigan, John Pugliese, John R Kamin, Matthew K Harding, Thomas W Berry, Ursuline F Foley, Valerie O Murray, Vito Giannola and Walter Sierotko.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Provident Financial Services' stock price today?

One share of PFS stock can currently be purchased for approximately $20.01.

How much money does Provident Financial Services make?

Provident Financial Services (NYSE:PFS) has a market capitalization of $1.51 billion and generates $489.15 million in revenue each year. The savings and loans company earns $167.92 million in net income (profit) each year or $2.09 on an earnings per share basis.

How many employees does Provident Financial Services have?

The company employs 1,159 workers across the globe.

How can I contact Provident Financial Services?

Provident Financial Services' mailing address is 239 Washington Street, JERSEY CITY NJ, 07302. The official website for the company is www.provident.bank. The savings and loans company can be reached via phone at (732) 590-9200, via email at investorrelations@provident.bank, or via fax at 201-915-5480.

This page (NYSE:PFS) was last updated on 9/29/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.