Shares of First Defiance Financial Corp. (NASDAQ:FDEF) have been assigned an average broker rating score of 2.33 (Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. First Defiance Financial Corp.’s rating score has improved by 6.8% from 90 days ago as a result of a number of analysts’ ratings changes.

Brokerages have set a twelve-month consensus target price of $57.50 for the company and are forecasting that the company will post $0.89 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Defiance Financial Corp. an industry rank of 89 out of 265 based on the ratings given to its competitors.

Several research analysts recently commented on the company. ValuEngine raised First Defiance Financial Corp. from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub cut First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $54.00 target price on shares of First Defiance Financial Corp. in a research report on Thursday, October 19th. Zacks Investment Research raised First Defiance Financial Corp. from a “hold” rating to a “buy” rating and set a $61.00 target price for the company in a research report on Wednesday, October 18th. Finally, Sandler O’Neill raised First Defiance Financial Corp. from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research report on Wednesday, July 19th.

TRADEMARK VIOLATION WARNING: “First Defiance Financial Corp. (FDEF) Given Consensus Rating of “Buy” by Brokerages” was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://www.dailypolitical.com/2017/11/07/first-defiance-financial-corp-fdef-given-consensus-rating-of-buy-by-brokerages.html.

First Defiance Financial Corp. (NASDAQ:FDEF) opened at $53.66 on Friday. The stock has a market cap of $544.61, a price-to-earnings ratio of 16.05 and a beta of 0.94. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.41. First Defiance Financial Corp. has a 1 year low of $36.91 and a 1 year high of $56.91.

First Defiance Financial Corp. (NASDAQ:FDEF) last announced its quarterly earnings data on Monday, October 16th. The savings and loans company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.05. The business had revenue of $34.50 million for the quarter, compared to the consensus estimate of $34.85 million. First Defiance Financial Corp. had a net margin of 21.47% and a return on equity of 9.74%. equities analysts anticipate that First Defiance Financial Corp. will post 3.45 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Friday, November 10th will be paid a $0.25 dividend. The ex-dividend date is Thursday, November 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.86%. First Defiance Financial Corp.’s dividend payout ratio (DPR) is presently 32.36%.

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in First Defiance Financial Corp. by 14.4% in the second quarter. Vanguard Group Inc. now owns 403,802 shares of the savings and loans company’s stock worth $21,272,000 after purchasing an additional 50,760 shares during the period. AQR Capital Management LLC increased its position in First Defiance Financial Corp. by 32.7% in the first quarter. AQR Capital Management LLC now owns 146,112 shares of the savings and loans company’s stock worth $7,234,000 after purchasing an additional 35,984 shares during the period. Thrivent Financial For Lutherans acquired a new stake in First Defiance Financial Corp. in the second quarter worth about $1,487,000. Northern Trust Corp increased its position in First Defiance Financial Corp. by 20.2% in the second quarter. Northern Trust Corp now owns 166,214 shares of the savings and loans company’s stock worth $8,756,000 after purchasing an additional 27,910 shares during the period. Finally, State Street Corp grew its position in shares of First Defiance Financial Corp. by 14.2% during the 2nd quarter. State Street Corp now owns 177,102 shares of the savings and loans company’s stock worth $9,332,000 after buying an additional 22,079 shares during the period. Institutional investors own 63.31% of the company’s stock.

About First Defiance Financial Corp.

First Defiance Financial Corp. is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc (First Defiance Risk Management).

Get a free copy of the Zacks research report on First Defiance Financial Corp. (FDEF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for First Defiance Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Defiance Financial Corp. and related companies with MarketBeat.com's FREE daily email newsletter.