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Walmart shooter left 'death note,' bought gun day of killing
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US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
THE BEST BLACK FRIDAY DEAL YET (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
Musk says granting 'amnesty' to suspended Twitter accounts
Musk plans to relaunch Twitter premium service, again
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Walmart shooter left 'death note,' bought gun day of killing
See how to make money instead of spending it on Black Friday with this offer (Ad)
US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
THE BEST BLACK FRIDAY DEAL YET (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
Musk says granting 'amnesty' to suspended Twitter accounts
Musk plans to relaunch Twitter premium service, again
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Walmart shooter left 'death note,' bought gun day of killing
See how to make money instead of spending it on Black Friday with this offer (Ad)
US stocks wobble to a mixed close, indexes keep weekly gains
Arrival, Coupa Software rise; Apple, Activision fall
THE BEST BLACK FRIDAY DEAL YET (Ad)
New this week: Lizzo, 'Criminal Minds' and 'The Woman King'
Police: Walmart shooter bought gun just hours before killing
THE BEST BLACK FRIDAY DEAL YET (Ad)
Musk says granting 'amnesty' to suspended Twitter accounts
Musk plans to relaunch Twitter premium service, again
NYSE:PFS

Provident Financial Services - PFS Stock Forecast, Price & News

$22.64
+0.07 (+0.31%)
(As of 11/25/2022 12:00 AM ET)
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Compare
Today's Range
$22.57
$22.77
50-Day Range
$19.25
$23.77
52-Week Range
$19.18
$26.20
Volume
139,009 shs
Average Volume
357,714 shs
Market Capitalization
$1.70 billion
P/E Ratio
10.39
Dividend Yield
4.25%
Price Target
$25.33

Provident Financial Services MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
11.9% Upside
$25.33 Price Target
Short Interest
Healthy
4.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.03mentions of Provident Financial Services in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.97%
From $2.29 to $2.61 Per Share

Overall MarketRank

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

2.35 out of 5 stars

Finance Sector

368th out of 894 stocks

Federal Savings Institutions Industry

13th out of 40 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.

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PFS Stock News Headlines

Recap: Provident Finl Services Q3 Earnings
Provident Financial (PFS) Q3 Earnings Meet Estimates
Best Income Stocks to Buy for September 27th
Damiano Tulipani Joins Provident Bank
PFS Provident Financial Services, Inc.
Provident Financial Services, Inc. (PFS)
See More Headlines
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PFS Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 11/25 Dividend
11/09/2022
Dividend Payable
11/25/2022
Today
11/26/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/27/2023

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
$25.33
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+11.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$167.92 million
Pretax Margin
43.18%

Debt

Sales & Book Value

Annual Sales
$489.15 million
Cash Flow
$2.45 per share
Book Value
$20.60 per share

Miscellaneous

Free Float
72,068,000
Market Cap
$1.70 billion
Optionable
Optionable
Beta
0.96

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 2023?

3 equities research analysts have issued 1 year target prices for Provident Financial Services' shares. Their PFS share price forecasts range from $22.00 to $30.00. On average, they anticipate the company's stock price to reach $25.33 in the next twelve months. This suggests a possible upside of 11.9% 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 beginning of the year. Since then, PFS stock has decreased by 6.5% and is now trading at $22.64.
View the best growth stocks for 2022 here
.

Are investors shorting Provident Financial Services?

Provident Financial Services saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,940,000 shares, an increase of 40.0% from the September 30th total of 2,100,000 shares. Based on an average daily volume of 413,800 shares, the days-to-cover ratio is currently 7.1 days. Approximately 4.3% of the shares of the company are sold short.
View Provident Financial Services' Short Interest
.

When is Provident Financial Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 27th 2023.
View our PFS earnings forecast
.

How were Provident Financial Services' earnings last quarter?

Provident Financial Services, Inc. (NYSE:PFS) released its quarterly earnings results on Thursday, October, 28th. The savings and loans company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.02. The savings and loans company had revenue of $99.59 million for the quarter, compared to analyst estimates of $113.23 million. Provident Financial Services had a trailing twelve-month return on equity of 10.16% and a net margin of 31.47%. The company's quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 EPS.

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, October 28th. Stockholders of record on Thursday, November 10th will be given a dividend of $0.24 per share on Friday, November 25th. This represents a $0.96 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend is Wednesday, November 9th.
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 4.25%. 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 44.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFS will have a dividend payout ratio of 36.78% 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.65%), Vanguard Group Inc. (10.92%), Dimensional Fund Advisors LP (7.40%), State Street Corp (4.40%), Bank of New York Mellon Corp (1.28%) and Victory Capital Management Inc. (1.04%). 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 $22.64.

How much money does Provident Financial Services make?

Provident Financial Services (NYSE:PFS) has a market capitalization of $1.70 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 $2.18 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 11/26/2022 by MarketBeat.com Staff