Equities analysts predict that Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) will report earnings per share of $0.23 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Boston Private Financial Holdings’ earnings. The highest EPS estimate is $0.25 and the lowest is $0.21. Boston Private Financial Holdings posted earnings per share of $0.24 during the same quarter last year, which would indicate a negative year over year growth rate of 4.2%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, January 17th.

On average, analysts expect that Boston Private Financial Holdings will report full-year earnings of $0.89 per share for the current year, with EPS estimates ranging from $0.87 to $0.90. For the next fiscal year, analysts expect that the firm will report earnings of $0.93 per share, with EPS estimates ranging from $0.85 to $1.02. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow Boston Private Financial Holdings.

Boston Private Financial Holdings (NASDAQ:BPFH) last announced its earnings results on Wednesday, October 18th. The bank reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.01). Boston Private Financial Holdings had a net margin of 18.44% and a return on equity of 10.03%. The firm had revenue of $96.89 million for the quarter, compared to analyst estimates of $98.00 million.

A number of research firms have recently weighed in on BPFH. BidaskClub downgraded shares of Boston Private Financial Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $17.00 price target on shares of Boston Private Financial Holdings in a research note on Friday, August 11th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $15.00 price target on shares of Boston Private Financial Holdings in a research note on Tuesday, October 3rd. Zacks Investment Research raised shares of Boston Private Financial Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, ValuEngine downgraded shares of Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Boston Private Financial Holdings currently has a consensus rating of “Hold” and an average target price of $16.00.

COPYRIGHT VIOLATION NOTICE: “Zacks: Analysts Anticipate Boston Private Financial Holdings, Inc. (BPFH) Will Announce Earnings of $0.23 Per Share” was first reported by Daily Political and is the property of of Daily Political. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece can be read at https://www.dailypolitical.com/2017/11/14/zacks-analysts-anticipate-boston-private-financial-holdings-inc-bpfh-will-announce-earnings-of-0-23-per-share.html.

Boston Private Financial Holdings (NASDAQ BPFH) opened at $15.15 on Tuesday. Boston Private Financial Holdings has a one year low of $13.95 and a one year high of $17.88. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.20. The firm has a market cap of $1,267.82, a price-to-earnings ratio of 17.30 and a beta of 1.06.

The business also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Friday, November 3rd will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Thursday, November 2nd. Boston Private Financial Holdings’s dividend payout ratio (DPR) is presently 51.16%.

Several hedge funds and other institutional investors have recently bought and sold shares of BPFH. Royce & Associates LP boosted its holdings in Boston Private Financial Holdings by 12.3% in the third quarter. Royce & Associates LP now owns 962,806 shares of the bank’s stock worth $15,934,000 after purchasing an additional 105,316 shares in the last quarter. Cramer Rosenthal Mcglynn LLC boosted its holdings in Boston Private Financial Holdings by 1.4% in the third quarter. Cramer Rosenthal Mcglynn LLC now owns 1,390,850 shares of the bank’s stock worth $23,019,000 after purchasing an additional 18,865 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Boston Private Financial Holdings by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 5,315,058 shares of the bank’s stock worth $87,964,000 after purchasing an additional 27,894 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Boston Private Financial Holdings by 13.3% in the third quarter. Schwab Charles Investment Management Inc. now owns 541,482 shares of the bank’s stock worth $8,962,000 after purchasing an additional 63,490 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Boston Private Financial Holdings by 37.0% in the third quarter. Wells Fargo & Company MN now owns 124,524 shares of the bank’s stock worth $2,061,000 after purchasing an additional 33,640 shares in the last quarter. 89.74% of the stock is currently owned by institutional investors and hedge funds.

Boston Private Financial Holdings Company Profile

Boston Private Financial Holdings, Inc is the bank holding company of Boston Private Bank & Trust Company. The Company offers private banking and wealth management services to high net worth individuals, families, businesses and select institutions. Its segments include Private Banking, Wealth Management and Trust, Investment Management and Wealth Advisory.

Get a free copy of the Zacks research report on Boston Private Financial Holdings (BPFH)

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

Earnings History and Estimates for Boston Private Financial Holdings (NASDAQ:BPFH)

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