Provident Financial Services Stock Forecast, Price & News

Provident Financial Services (NYSE:PFS) Frequently Asked Questions

Is Provident Financial Services a buy 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 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Provident Financial Services stock.
View analyst ratings for Provident Financial Services or view top-rated stocks.

How has Provident Financial Services' stock price been impacted by Coronavirus (COVID-19)?

Provident Financial Services' stock was trading at $16.28 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PFS shares have increased by 45.1% and is now trading at $23.63.
View which stocks have been most impacted by COVID-19.

When is Provident Financial Services' next earnings date?

Provident Financial Services is scheduled to release its next quarterly earnings announcement on Friday, February 4th 2022.
View our earnings forecast for Provident Financial Services.

How were Provident Financial Services' earnings last quarter?

Provident Financial Services, Inc. (NYSE:PFS) posted its earnings results on Thursday, October, 28th. The savings and loans company reported $0.49 EPS for the quarter, topping the Zacks' consensus estimate of $0.47 by $0.02. The savings and loans company earned $99.59 million during the quarter, compared to analysts' expectations of $113.23 million. Provident Financial Services had a trailing twelve-month return on equity of 10.34% and a net margin of 35.12%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 earnings per share.
View Provident Financial Services' earnings history.

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 Monday, November 1st. Shareholders of record on Friday, November 12th will be given a dividend of $0.24 per share on Friday, November 26th. This represents a $0.96 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Wednesday, November 10th. This is an increase from Provident Financial Services's previous quarterly dividend of $0.23.
View Provident Financial Services' dividend history.

Is Provident Financial Services a good dividend stock?

Provident Financial Services pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.00%. PFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Provident Financial Services does not yet have a strong track record of dividend growth. The dividend payout ratio of Provident Financial Services is 43.05%. 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 52.17% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend.
View Provident Financial Services' dividend history.

What price target have analysts set for PFS?

3 equities research analysts have issued 1-year target prices for Provident Financial Services' shares. Their forecasts range from $26.00 to $26.00. On average, they expect Provident Financial Services' share price to reach $26.00 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for Provident Financial Services or view top-rated stocks among Wall Street analysts.

Who are Provident Financial Services' key executives?

Provident Financial Services' management team includes the following people:

• Christopher P. Martin, Chairman & Chief Executive Officer
• Anthony J. Labozzetta, President, Chief Operating Officer & Director
• Thomas M. Lyons, Chief Financial Officer & Senior Executive VP
• John R. Kamin, Chief Information Officer & Executive VP
• John F. Kuntz, Secretary, Senior Executive VP & General Counsel

Who are some of Provident Financial Services' key competitors?

Some companies that are related to Provident Financial Services include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Walker & Dunlop (WD), MGIC Investment (MTG), Radian Group (RDN), Simply Good Foods (SMPL), WSFS Financial (WSFS), Washington Federal (WAFD), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), LendingTree (TREE), Dime Community Bancshares (DCOM), Berkshire Hills Bancorp (BHLB) and Federal Agricultural Mortgage (AGM).
View all of PFS's competitors.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.65%), Dimensional Fund Advisors LP (6.96%), Principal Financial Group Inc. (2.22%), American Century Companies Inc. (1.87%), Geode Capital Management LLC (1.61%) and Bank of New York Mellon Corp (1.41%). 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, Thomas W Berry, Ursuline F Foley, Vito Giannola and Walter Sierotko.
View institutional ownership trends for Provident Financial Services.

Which institutional investors are selling Provident Financial Services stock?

PFS stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, BlackRock Inc., BHZ Capital Management LP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Hotchkis & Wiley Capital Management LLC, Voya Investment Management LLC, and Morgan Stanley. 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, Vito Giannola, and Walter Sierotko.
View insider buying and selling activity for Provident Financial Services or view top insider-selling stocks.

Which institutional investors are buying Provident Financial Services stock?

PFS stock was acquired by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, Invesco Ltd., American Century Companies Inc., Victory Capital Management Inc., BNP Paribas Arbitrage SA, Principal Financial Group Inc., Denali Advisors LLC, and Maryland State Retirement & Pension System. Company insiders that have bought Provident Financial Services stock in the last two years include James P Dunigan, 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.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Provident Financial Services' stock price today?

One share of PFS stock can currently be purchased for approximately $23.63.

How much money does Provident Financial Services make?

Provident Financial Services has a market capitalization of $1.83 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 $2.23 on an earnings per share basis.

How many employees does Provident Financial Services have?

Provident Financial Services employs 1,178 workers across the globe.

What is Provident Financial Services' official website?

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

Where are Provident Financial Services' headquarters?

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

How can I contact Provident Financial Services?

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, via email at [email protected], or via fax at 201-915-5480.