NYSEAMERICAN:TMP

Tompkins Financial (TMP) Stock Forecast, Price & News

$48.78

+0.19 (+0.39%)

(As of 09/28/2023 ET)

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Today's Range: $48.32
▼
$49.20
50-Day Range: $54.62
▼
$77.53
52-Week Range: $46.85
▼
$85.00

Volume: 73,991 shs
Average Volume: 53,916 shs
Market Capitalization: $700.48 million

P/E Ratio: 10.21
Dividend Yield: 4.92%
Price Target: $55.00

Tompkins Financial MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 12.8% Upside
$55.00 Price Target
Short Interest: Bearish
1.81% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 12.25%
From $4.08 to $4.58 Per Share

Overall MarketRank^™

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

2.46 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Tompkins Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $55.00, Tompkins Financial has a forecasted upside of 12.8% from its current price of $48.78.
Amount of Analyst Coverage
Tompkins Financial has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.81% of the float of Tompkins Financial has been sold short.
Short Interest Ratio / Days to Cover
Tompkins Financial has a short interest ratio ("days to cover") of 5.4.
Change versus previous month
Short interest in Tompkins Financial has recently increased by 9.34%, indicating that investor sentiment is decreasing significantly.

5.0

Dividend Strength

Dividend Leadership
Tompkins Financial is a leading dividend payer. It pays a dividend yield of 5.01%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tompkins Financial has been increasing its dividend for 36 years.
Dividend Coverage
The dividend payout ratio of Tompkins Financial is 50.21%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tompkins Financial will have a dividend payout ratio of 52.40% next year. This indicates that Tompkins Financial will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TMP.

N/A

News and Social Media Coverage

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tompkins Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.31% of the stock of Tompkins Financial is held by insiders.
Percentage Held by Institutions
63.75% of the stock of Tompkins Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Tompkins Financial are expected to grow by 12.25% in the coming year, from $4.08 to $4.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tompkins Financial is 10.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tompkins Financial is 10.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 76.97.
Price to Book Value per Share Ratio
Tompkins Financial 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.

See Top Rated MarketRank™ Stocks Here

About Tompkins Financial (NYSEAMERICAN:TMP) Stock

Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates in three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits. The company also offers loans for various business purposes, including real estate financing, construction, equipment financing, accounts receivable financing, and commercial leasing; residential mortgage loans; personal loans; residential real estate loans; home equity loans; commercial and industrial loans; commercial real estate loans; agriculture loans; and consumer loans, such as personal installment loans, direct and indirect automobile financing, and overdraft lines of credit. In addition, it provides letters of credit and sweep accounts; credit and debit cards; deposit and cash management, internet-based account, remote deposit, safe deposit, voice response, ATM, and mobile and internet banking services; financial and tax planning services; property and casualty, medical, life, disability, and long-term care insurance services; employee benefit consulting services; and insurance planning services. The company primarily serves individuals, corporate executives, small business owners, and high net worth individuals. It operates through a network of banking offices in New York and Pennsylvania. The company was founded in 1836 and is headquartered in Ithaca, New York.

TMP Price History

30 days | 90 days | 365 days | Advanced Chart

TMP Stock News Headlines

September 14, 2023 | msn.com

Tompkins Financial Is Offering A 10-Year High Dividend Yield Of 4.8%

July 26, 2023 | msn.com

Keefe, Bruyette & Woods Maintains Tompkins Financial (TMP) Market Perform Recommendation

September 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

July 26, 2023 | benzinga.com

Tompkins Finl: Dividend Insights

July 23, 2023 | marketwatch.com

Tompkins Financial Announces Repurchase Program for Up to 400,000 Shares

July 23, 2023 | seekingalpha.com

Tompkins Financial GAAP EPS of $0.59, revenue of $64.5M

July 21, 2023 | msn.com

Tompkins Financial (TMP) Misses Q2 Earnings and Revenue Estimates

July 12, 2023 | finance.yahoo.com

Matthew Tomazin Named Chief Financial Officer of Tompkins Financial Corp.

September 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

July 5, 2023 | wsj.com

Patagonia’s Former CEO Now Makes Nature Her Business

May 25, 2023 | msn.com

Tompkins Financial: Margin Pressure To Hurt Earnings

May 3, 2023 | finance.yahoo.com

Tompkins Financial Corp. Announces Chief Financial and Chief Operating Officer Francis M. Fetsko to Retire

April 28, 2023 | msn.com

Tompkins Financial (TMP) Tops Q1 Earnings Estimates

April 20, 2023 | nytimes.com

Track Covid-19 in Tompkins County, New York

March 25, 2023 | usnews.com

Ps 69 Daniel D Tompkins

March 23, 2023 | usnews.com

Tompkins High School

March 4, 2023 | benzinga.com

Tompkins Financial Board Member Makes $100K Stock Purchase

February 1, 2023 | msn.com

Tompkins Financial: Dividend Insights

January 27, 2023 | msn.com

Tompkins Financial declares $0.60 dividend

January 27, 2023 | msn.com

Tompkins Financial GAAP EPS of $1.36 misses by $0.06, revenue of $75.64M misses by $1.95M

January 27, 2023 | finance.yahoo.com

Tompkins Financial (TMP) Q4 Earnings and Revenues Miss Estimates

January 11, 2023 | seekingalpha.com

Tompkins Financial: Flattish Earnings Outlook, Unattractive Valuation

November 2, 2022 | benzinga.com

Tompkins Financial's Ex-Dividend Date Is Monday, Here's What You Need To Know

October 28, 2022 | msn.com

Tompkins Financial: Q3 Earnings Insights

October 28, 2022 | finance.yahoo.com

Tompkins Financial (TMP) Lags Q3 Earnings and Revenue Estimates

October 24, 2022 | msn.com

Tompkins Financial (TMP) Could Be a Great Choice

October 21, 2022 | finance.yahoo.com

Earnings Preview: Tompkins Financial (TMP) Q3 Earnings Expected to Decline

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TMP Company Calendar

Last Earnings: 7/21/2023
Ex-Dividend for 8/12 Dividend: 7/31/2023
Dividend Payable: 8/12/2023
Today: 9/29/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: State commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NYSEAMERICAN:TMP
Previous Symbol: AMEX:TMP
CUSIP: 89011010
CIK: 1005817
Web: www.tompkinsfinancial.com
Phone: (888) 503-5753
Fax: 607-273-0024
Employees: 1,072
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $55.00
High Stock Price Forecast: $55.00
Low Stock Price Forecast: $55.00
Forecasted Upside/Downside: +12.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.78
Trailing P/E Ratio: 10.21
Forward P/E Ratio: 11.96
P/E Growth: N/A
Net Income: $85.03 million
Net Margins: 19.96%
Pretax Margin: 25.50%
Return on Equity: 11.10%
Return on Assets: 0.90%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 0.85
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $329.30 million
Price / Sales: 2.13
Cash Flow: $7.18 per share
Price / Cash Flow: 6.79
Book Value: $42.63 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 14,360,000
Free Float: 13,744,000
Market Cap: $700.48 million
Optionable: Optionable
Beta: 0.65

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Key Executives

Mr. Stephen S. Romaine (Age 58)
Pres, CEO & Director
Comp: $1.26M

Mr. Francis M. Fetsko (Age 58)
Exec. VP, CFO & COO
Comp: $700.55k

Mr. David S. Boyce (Age 56)
Exec. VP
Comp: $541.93k

Mr. John M. McKenna (Age 56)
Exec. VP
Comp: $663.75k

Mr. Bradley G. James
Sr. VP & CTO

Ms. Janet L. Hewitt
Assistant VP and Corp. Admin. & Investor Relations Officer

Ms. Alyssa H. Fontaine (Age 42)
Exec. VP, Gen. Counsel, Sec. & Chief Risk Officer

Ms. Susan M. Valenti (Age 68)
Exec. VP & Corp. Marketing Officer

Ms. Bonita N. Lindberg (Age 66)
Sr. VP & Director of HR

Mr. Richard M. Dolge
Sr. VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TMP Stock - Frequently Asked Questions

Should I buy or sell Tompkins Financial stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tompkins Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TMP, but not buy additional shares or sell existing shares.
View TMP analyst ratings or view top-rated stocks.
What is Tompkins Financial's stock price forecast for 2023?: 1 brokers have issued 12-month price targets for Tompkins Financial's stock. Their TMP share price forecasts range from $55.00 to $55.00. On average, they anticipate the company's share price to reach $55.00 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for TMP or view top-rated stocks among Wall Street analysts.
How have TMP shares performed in 2023?: Tompkins Financial's stock was trading at $75.33 on January 1st, 2023. Since then, TMP shares have decreased by 35.2% and is now trading at $48.78.
View the best growth stocks for 2023 here.
When is Tompkins Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our TMP earnings forecast.
How were Tompkins Financial's earnings last quarter?: Tompkins Financial Co. (NYSEAMERICAN:TMP) announced its earnings results on Friday, July, 21st. The financial services provider reported $0.59 EPS for the quarter, missing the consensus estimate of $1.02 by $0.43. The financial services provider earned $64.51 million during the quarter, compared to analyst estimates of $69.54 million. Tompkins Financial had a net margin of 19.96% and a trailing twelve-month return on equity of 11.10%.
How often does Tompkins Financial pay dividends? What is the dividend yield for Tompkins Financial?: Tompkins Financial announced a quarterly dividend on Friday, July 21st. Shareholders of record on Tuesday, August 1st will be paid a dividend of $0.60 per share on Saturday, August 12th. This represents a $2.40 annualized dividend and a yield of 4.92%. The ex-dividend date of this dividend is Monday, July 31st. This is an increase from the stock's previous quarterly dividend of $0.52.
Read our dividend analysis for TMP.
What ETF holds Tompkins Financial's stock ?: Invesco S&P SmallCap Low Volatility ETF holds 68,893 shares of TMP stock, representing 0.94% of its portfolio.

Is Tompkins Financial a good dividend stock?: Tompkins Financial (NYSEAMERICAN:TMP) pays an annual dividend of $2.40 per share and currently has a dividend yield of 5.01%. TMP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 36 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 50.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TMP will have a dividend payout ratio of 52.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TMP.
What other stocks do shareholders of Tompkins Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tompkins Financial investors own include Wells Fargo & Company (WFC), Gilead Sciences (GILD), Southern (SO), Verizon Communications (VZ), AbbVie (ABBV), Citigroup (C), The Goldman Sachs Group (GS), Healthcare Trust of America (HTA), International Business Machines (IBM) and International Paper (IP).
What is Tompkins Financial's stock symbol?: Tompkins Financial trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "TMP."
How do I buy shares of Tompkins Financial?: Shares of TMP 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 Tompkins Financial's stock price today?: One share of TMP stock can currently be purchased for approximately $48.78.
How much money does Tompkins Financial make?: Tompkins Financial (NYSEAMERICAN:TMP) has a market capitalization of $700.48 million and generates $329.30 million in revenue each year. The financial services provider earns $85.03 million in net income (profit) each year or $4.78 on an earnings per share basis.
How many employees does Tompkins Financial have?: The company employs 1,072 workers across the globe.
How can I contact Tompkins Financial?: Tompkins Financial's mailing address is The Cmns PO Box 460, ITHACA, NY 14851-0460, United States. The official website for the company is www.tompkinsfinancial.com. The financial services provider can be reached via phone at (888) 503-5753, via email at info@tompkinstrust.com, or via fax at 607-273-0024.

This page (NYSEAMERICAN:TMP) was last updated on 9/29/2023 by MarketBeat.com Staff

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