Media stories about Provident Financial Services (NYSE:PFS) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Provident Financial Services earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media headlines about the savings and loans company an impact score of 46.6492527580052 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:

PFS has been the topic of a number of recent analyst reports. Royal Bank Of Canada reiterated a “buy” rating and issued a $30.00 target price on shares of Provident Financial Services in a research note on Friday, September 8th. DA Davidson initiated coverage on Provident Financial Services in a research note on Friday, September 1st. They issued a “neutral” rating and a $25.00 target price on the stock. Zacks Investment Research lowered Provident Financial Services from a “buy” rating to a “hold” rating in a research note on Thursday, September 28th. ValuEngine lowered Provident Financial Services from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, Boenning Scattergood reiterated a “hold” rating on shares of Provident Financial Services in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $27.80.

Provident Financial Services (NYSE:PFS) traded down $0.11 on Wednesday, hitting $26.90. The stock had a trading volume of 307,400 shares, compared to its average volume of 188,047. Provident Financial Services has a fifty-two week low of $23.19 and a fifty-two week high of $28.92. The company has a market cap of $1,800.00, a P/E ratio of 17.89, a price-to-earnings-growth ratio of 1.75 and a beta of 0.98. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.19.

Provident Financial Services (NYSE:PFS) last issued its quarterly earnings data on Friday, October 27th. The savings and loans company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.04. Provident Financial Services had a return on equity of 7.61% and a net margin of 25.90%. The company had revenue of $85.32 million for the quarter, compared to the consensus estimate of $83.84 million. During the same quarter last year, the company earned $0.36 earnings per share. equities analysts forecast that Provident Financial Services will post 1.54 EPS for the current fiscal year.

The business also recently disclosed a special dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be given a dividend of $0.15 per share. This represents a yield of 3.01%. The ex-dividend date of this dividend is Thursday, December 7th. Provident Financial Services’s payout ratio is currently 52.98%.

In other Provident Financial Services news, Director Laura L. Brooks sold 4,075 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $25.99, for a total value of $105,909.25. Following the completion of the sale, the director now owns 62,905 shares of the company’s stock, valued at $1,634,900.95. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Edward Odonnell sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $27.30, for a total value of $81,900.00. Following the completion of the sale, the director now directly owns 91,335 shares of the company’s stock, valued at approximately $2,493,445.50. The disclosure for this sale can be found here. 2.90% of the stock is owned by company insiders.

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Provident Financial Services Company Profile

Provident Financial Services Inc is a holding company for The Provident Bank (the Bank). The Bank is a New Jersey-chartered capital stock savings bank. As a community and customer-oriented institution, the Bank provides personal service and customer convenience in serving the financial needs of the individuals, families and businesses residing in its primary markets areas.

Insider Buying and Selling by Quarter for Provident Financial Services (NYSE:PFS)

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