Tompkins Financial (TMP) Stock Forecast, Price & News

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our TMP earnings forecast.

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%.

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.

Invesco S&P SmallCap Low Volatility ETF holds 68,893 shares of TMP stock, representing 0.94% of its portfolio.

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.

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).

Tompkins Financial trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "TMP."

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.
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One share of TMP stock can currently be purchased for approximately $48.78.

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.

The company employs 1,072 workers across the globe.

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.