Provident Financial Services Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Provident Financial Services in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Provident Financial Services stock.
View analyst ratings for Provident Financial Services or view top-rated stocks.

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Provident Financial Services is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Provident Financial Services.

Provident Financial Services, Inc. (NYSE:PFS) issued its quarterly earnings results on Thursday, April, 29th. The savings and loans company reported $0.63 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.20. The savings and loans company earned $100.53 million during the quarter, compared to analyst estimates of $111.37 million. Provident Financial Services had a net margin of 28.84% and a trailing twelve-month return on equity of 8.32%. The business's quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the company posted $0.23 EPS.
View Provident Financial Services' earnings history.

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 increased by 46.5% and is now trading at $23.85.
View which stocks have been most impacted by COVID-19.

Provident Financial Services announced a quarterly dividend on Monday, May 3rd. Stockholders of record on Friday, May 14th will be paid a dividend of $0.23 per share on Friday, May 28th. This represents a $0.92 annualized dividend and a dividend yield of 3.86%. The ex-dividend date is Thursday, May 13th.
View Provident Financial Services' dividend history.

Provident Financial Services pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.69%. Provident Financial Services does not yet have a strong track record of dividend growth. The dividend payout ratio of Provident Financial Services is 66.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Provident Financial Services will have a dividend payout ratio of 51.98% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend.
View Provident Financial Services' dividend history.

5 brokers have issued 12 month price targets for Provident Financial Services' shares. Their forecasts range from $15.00 to $26.00. On average, they anticipate Provident Financial Services' share price to reach $20.50 in the next twelve months. This suggests that the stock has a possible downside of 14.0%.
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Some companies that are related to Provident Financial Services include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), The Simply Good Foods (SMPL), Walker & Dunlop (WD), LendingTree (TREE), WSFS Financial (WSFS), Washington Federal (WAFD), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), Berkshire Hills Bancorp (BHLB), OceanFirst Financial (OCFC) and Brookline Bancorp (BRKL).
View all of PFS's competitors.

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).

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

Provident Financial Services' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.66%), Dimensional Fund Advisors LP (7.00%), Principal Financial Group Inc. (1.95%), Principal Financial Group Inc. (1.95%), Westwood Holdings Group Inc. (1.59%) and Geode Capital Management LLC (1.48%). Company insiders that own Provident Financial Services stock include Edward J Leppert, Frank L Fekete, George Lista, James A Christy, James P Dunigan, John R Kamin, Matthew K Harding, Thomas W Berry, 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 Banc Funds Co. LLC, Goldman Sachs Group Inc., Dalton Greiner Hartman Maher & Co., Renaissance Technologies LLC, Morgan Stanley, Arrowstreet Capital Limited Partnership, Dimensional Fund Advisors LP, and Victory Capital Management Inc.. Company insiders that have sold Provident Financial Services company stock in the last year include Edward J Leppert, Frank L Fekete, George Lista, James A Christy, John R Kamin, and Walter Sierotko.
View insider buying and selling activity for Provident Financial Services or view top insider-selling stocks.

PFS stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Brandywine Global Investment Management LLC, Westwood Holdings Group Inc., Grantham Mayo Van Otterloo & Co. LLC, Geode Capital Management LLC, Millennium Management LLC, Citadel Advisors LLC, and Principal Financial Group Inc.. Company insiders that have bought Provident Financial Services stock in the last two years include James P Dunigan, Matthew K Harding, Thomas W Berry, Ursuline F Foley, and Walter Sierotko.
View insider buying and selling activity for Provident Financial Services or or view top insider-buying stocks.

Shares of PFS 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.
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One share of PFS stock can currently be purchased for approximately $23.85.

Provident Financial Services has a market capitalization of $1.86 billion and generates $435.74 million in revenue each year. The savings and loans company earns $96.95 million in net income (profit) each year or $1.39 on an earnings per share basis.

Provident Financial Services employs 1,155 workers across the globe.

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

Provident Financial Services is headquartered at 239 Washington Street, JERSEY CITY NJ, 07302.

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]