NYSE:PFS Provident Financial Services - PFS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Provident Financial Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $24.26 +0.16 (+0.66%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$24.06▼$24.4050-Day Range$20.63▼$24.1052-Week Range$19.18▼$25.61Volume536,727 shsAverage Volume389,653 shsMarket Capitalization$1.83 billionP/E Ratio10.32Dividend Yield4.05%Price Target$25.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Provident Financial Services MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside4.5% Upside$25.33 Price TargetShort InterestBearish4.40% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 6 Articles This WeekInsider TradingSelling Shares$1.36 M Sold Last QuarterProj. Earnings Growth3.50%From $2.57 to $2.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.06 out of 5 starsFinance Sector525th out of 865 stocksFederal Savings Institutions Industry18th out of 40 stocks 1.2 Analyst's Opinion Consensus RatingProvident Financial Services has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.33, Provident Financial Services has a forecasted upside of 4.5% from its current price of $24.25.Amount of Analyst CoverageProvident Financial Services has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.40% of the float of Provident Financial Services has been sold short.Short Interest Ratio / Days to CoverProvident Financial Services has a short interest ratio ("days to cover") of 8.9.Change versus previous monthShort interest in Provident Financial Services has recently increased by 2.02%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipProvident Financial Services is a leading dividend payer. It pays a dividend yield of 4.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProvident Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Provident Financial Services is 40.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Provident Financial Services will have a dividend payout ratio of 36.09% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFS. Previous Next 2.6 News and Social Media Coverage News SentimentProvident Financial Services has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Provident Financial Services this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Provident Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Provident Financial Services insiders have sold 12,257.53% more of their company's stock than they have bought. Specifically, they have bought $11,020.00 in company stock and sold $1,361,800.00 in company stock.Percentage Held by InsidersOnly 4.26% of the stock of Provident Financial Services is held by insiders.Percentage Held by Institutions65.22% of the stock of Provident Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Provident Financial Services are expected to grow by 3.50% in the coming year, from $2.57 to $2.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Provident Financial Services is 10.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Provident Financial Services is 10.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 181.79.Price to Book Value per Share RatioProvident Financial Services has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Provident Financial Services (NYSE:PFS) StockProvident Financial Services, Inc. is a holding company, which engages in the provision of banking services to individual and corporate customers in Northern and Central New Jersey and Eastern Pennsylvania. The company was founded on January 15, 2003 and is headquartered in Jersey City, NJ.Read More 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. Email Address PFS Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comChristopher P. Martin Sells 51,881 Shares of Provident Financial Services, Inc. (NYSE:PFS) StockFebruary 1, 2023 | finance.yahoo.comProvident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed MergerFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 27, 2023 | finance.yahoo.comProvident Financial Services, Inc. Announces Record Fourth Quarter and Full Year Earnings, Declaration of Quarterly Cash Dividend and Annual Meeting DateJanuary 26, 2023 | americanbankingnews.comProvident Financial Services (PFS) to Release Earnings on FridayJanuary 17, 2023 | finance.yahoo.comStocks fluctuate at open, financials laggingJanuary 17, 2023 | finance.yahoo.comProvident Welcomes Scott Hurlbert as Digital Channels DirectorJanuary 3, 2023 | finance.yahoo.comProvident Financial Services, Inc. Schedules Fourth Quarter and Year-End Earnings Conference CallFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 3, 2023 | finance.yahoo.comNational Survey Finds 67% of Small-to-Medium-Sized Business Owners and Executives Believe a Recession is Likely in 2023December 19, 2022 | finance.yahoo.comInstitutional investors may adopt severe steps after Provident Financial Services, Inc.'s (NYSE:PFS) latest 6.1% drop adds to a year lossesDecember 15, 2022 | markets.businessinsider.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PFS, LBAI, OFIX, IMRADecember 12, 2022 | apnews.comPrime Capital Investment Advisors Partners with Professional Financial ServicesDecember 9, 2022 | msn.comPublic Provident Fund: PPF investment limit change suggested ICAI – Here’s whyNovember 23, 2022 | marketwatch.comGroup Prepaid Legal Service Market Size in 2023 | Share, Key Leaders Analysis, Growth, Future Trends, Emerging Technology | Forecast to 2028November 23, 2022 | 247wallst.comVoss Capital Discloses Major Position in PFSW / PFSweb After Q3 ResultsNovember 17, 2022 | finance.yahoo.comProvident Receives DEI Trailblazer Award from African American Chamber of Commerce and New Jersey Chamber of CommerceNovember 10, 2022 | nasdaq.comProvident Financial Services Breaks Above 200-Day Moving Average - Bullish for PFSNovember 8, 2022 | finance.yahoo.comProvident Financial Services Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS In LineNovember 5, 2022 | finance.yahoo.comProvident Financial Services (NYSE:PFS) Could Be A Buy For Its Upcoming DividendNovember 1, 2022 | finance.yahoo.comProvident Protection Plus Included in the Big “I” and Reagan Consulting 2022 Best Practices StudyOctober 28, 2022 | msn.comRecap: Provident Finl Services Q3 EarningsOctober 28, 2022 | finance.yahoo.comProvident Financial Services, Inc. Announces Third Quarter Earnings and Declares Quarterly Cash DividendOctober 28, 2022 | finance.yahoo.comProvident Financial (PFS) Q3 Earnings Meet EstimatesSeptember 27, 2022 | finance.yahoo.comBest Income Stocks to Buy for September 27thSeptember 27, 2022 | markets.businessinsider.comProvident Financial Services, Lakeland Bancorp To Merge In All-stock $1.3 Bln DealSeptember 22, 2022 | finance.yahoo.comDamiano Tulipani Joins Provident BankSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address PFS Company Calendar Last Earnings10/28/2021Ex-Dividend for 11/25 Dividend11/09/2022Dividend Payable11/25/2022Today2/03/2023Ex-Dividend for 2/24 Dividend2/09/2023Dividend Payable2/24/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNYSE:PFS CUSIP74386T10 CIK1178970 Webwww.provident.bank Phone(732) 590-9200Fax201-915-5480Employees1,159Year Founded1839Price Target and Rating Average Stock Price Forecast$25.33 High Stock Price Forecast$30.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+4.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.35 Trailing P/E Ratio10.32 Forward P/E Ratio9.44 P/E GrowthN/ANet Income$175.65 million Net Margins31.71% Pretax Margin43.34% Return on Equity11.06% Return on Assets1.28% Debt Debt-to-Equity Ratio0.87 Current Ratio0.98 Quick Ratio0.95 Sales & Book Value Annual Sales$553.97 million Price / Sales3.30 Cash Flow$2.43 per share Price / Cash Flow9.98 Book Value$21.23 per share Price / Book1.14Miscellaneous Outstanding Shares75,280,000Free Float72,068,000Market Cap$1.83 billion OptionableOptionable Beta0.98 Social Links Key ExecutivesAnthony J. LabozzettaPresident, Chief Executive Officer & DirectorThomas M. LyonsChief Financial Officer & Senior Executive VPJohn F. KuntzSecretary, Senior Executive VP & General CounselFrank S. MuzioChief Accounting Officer & Executive VPRavi VakacherlaExecutive VP, Chief Digital & Innovation OfficerKey CompetitorsOceanFirst FinancialNASDAQ:OCFCCapitol Federal FinancialNASDAQ:CFFNBrookline BancorpNASDAQ:BRKLNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKKearny FinancialNASDAQ:KRNYView All CompetitorsInsiders & InstitutionsSG Americas Securities LLCBought 5,375 shares on 2/2/2023Ownership: 0.027%ProShare Advisors LLCBought 1,499 shares on 2/2/2023Ownership: 0.015%Nisa Investment Advisors LLCSold 8,100 shares on 2/2/2023Ownership: 0.014%Simplex Trading LLCBought 2,200 shares on 2/2/2023Ownership: 0.000%Janney Montgomery Scott LLCSold 493 shares on 2/1/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions PFS Stock - Frequently Asked Questions Should I buy or sell Provident Financial Services stock right now? 3 Wall Street equities research 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 equities research 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 12-month target prices for Provident Financial Services' stock. 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 4.5% 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 2023? Provident Financial Services' stock was trading at $21.36 at the beginning of the year. Since then, PFS shares have increased by 13.5% and is now trading at $24.25. View the best growth stocks for 2023 here. When is Provident Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our PFS earnings forecast. How were Provident Financial Services' earnings last quarter? Provident Financial Services, Inc. (NYSE:PFS) released its earnings results on Thursday, October, 28th. The savings and loans company reported $0.49 EPS for the quarter, topping the consensus estimate 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 net margin of 31.71% and a trailing twelve-month return on equity of 11.06%. The business's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.37 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 Friday, January 27th. Shareholders of record on Friday, February 10th will be given a dividend of $0.24 per share on Friday, February 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date is Thursday, February 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 4.05%. PFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFS will have a dividend payout ratio of 36.09% 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 institutional and retail investors. Top institutional shareholders include Beacon Investment Advisory Services Inc. (0.28%), State of New Jersey Common Pension Fund D (0.14%), New York State Common Retirement Fund (0.13%), CWM LLC (0.08%), State of Alaska Department of Revenue (0.07%) and Yousif Capital Management LLC (0.06%). Insiders that own company stock include Christopher P Martin, Edward J Leppert, Frank L Fekete, George Lista, James A Christy, James P Dunigan, John Pugliese, John R Kamin, 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 $24.25. How much money does Provident Financial Services make? Provident Financial Services (NYSE:PFS) has a market capitalization of $1.83 billion and generates $553.97 million in revenue each year. The savings and loans company earns $175.65 million in net income (profit) each year or $2.35 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. 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