Provident Financial Services Stock Forecast, Price & News

Provident Financial Services' stock was trading at $16.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PFS stock has decreased by 26.2% and is now trading at $12.01.
View which stocks have been most impacted by COVID-19.

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.

Provident Financial Services is scheduled to release its next quarterly earnings announcement on Friday, October 23rd 2020.
View our earnings forecast for Provident Financial Services.

Provident Financial Services, Inc. (NYSE:PFS) posted its quarterly earnings results on Thursday, July, 30th. The savings and loans company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.07. The savings and loans company had revenue of $84.19 million for the quarter, compared to analyst estimates of $86.27 million. Provident Financial Services had a return on equity of 6.15% and a net margin of 20.60%. The firm's revenue for the quarter was down 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 EPS.
View Provident Financial Services' earnings history.

Provident Financial Services declared a quarterly dividend on Friday, July 31st. Stockholders of record on Friday, August 14th will be paid a dividend of $0.23 per share on Friday, August 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.66%. The ex-dividend date of this dividend is Thursday, August 13th.
View Provident Financial Services' dividend history.

2 equities research analysts have issued 1-year price targets for Provident Financial Services' stock. Their forecasts range from $26.00 to $26.00. On average, they anticipate Provident Financial Services' stock price to reach $26.00 in the next year. This suggests a possible upside of 116.5% from the stock's current price.
View analysts' price targets for Provident Financial Services.

Provident Financial Services saw a decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,330,000 shares, a decline of 23.1% from the July 30th total of 1,730,000 shares. Based on an average trading volume of 439,200 shares, the short-interest ratio is currently 3.0 days. Approximately 2.2% of the shares of the stock are sold short.
View Provident Financial Services' Short Interest.

Some companies that are related to Provident Financial Services include People's United Financial (PBCT), TFS Financial (TFSL), Lendingtree (TREE), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), Simply Good Foods (SMPL), Washington Federal (WAFD), Walker & Dunlop (WD), WSFS Financial (WSFS), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), EverBank Financial (EVER), At Home Group (HOME) and Oritani Financial (ORIT).
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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), Verizon Communications (VZ), Alibaba Group (BABA), Enterprise Products Partners (EPD), KeyCorp (KEY), Wells Fargo & Company (WFC), Carnival (CCL) and Geron (GERN).

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

Provident Financial Services' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.84%), Goldman Sachs Group Inc. (2.38%), Bank of New York Mellon Corp (1.47%), Dalton Greiner Hartman Maher & Co. (0.95%), Charles Schwab Investment Management Inc. (0.82%) and ProShare Advisors LLC (0.80%). Company insiders that own Provident Financial Services stock include Brian Giovinazzi, Carlos Hernandez, Frank L Fekete, James P Dunigan, John R Kamin, Matthew K Harding, Ursuline F Foley and Walter Sierotko.
View institutional ownership trends for Provident Financial Services.

PFS stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Advisor Group Holdings Inc., Vanguard Group Inc., First Trust Advisors LP, Bessemer Group Inc., Glenmede Trust Co. NA, Prudential Financial Inc., and Principal Financial Group Inc..
View insider buying and selling activity for Provident Financial Services.

PFS stock was purchased by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Mackay Shields LLC, Assenagon Asset Management S.A., WINTON GROUP Ltd, Nuveen Asset Management LLC, Marshall Wace LLP, Dalton Greiner Hartman Maher & Co., and Two Sigma Advisers LP. Company insiders that have bought Provident Financial Services stock in the last two years include James P Dunigan, Matthew K Harding, Ursuline F Foley, and Walter Sierotko.
View insider buying and selling activity for 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.

One share of PFS stock can currently be purchased for approximately $12.01.

Provident Financial Services has a market capitalization of $791.15 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.

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

Provident Financial Services' mailing address is 239 Washington Street, JERSEY CITY NJ, 07302. The savings and loans company can be reached via phone at 732-590-9200 or via email at [email protected]