Provident Financial (PROV) Expected to Announce Earnings on Monday

Provident Financial (NASDAQ:PROVGet Free Report) is anticipated to post its quarterly earnings results before the market opens on Monday, February 3rd. Analysts expect Provident Financial to post earnings of $0.26 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Provident Financial (NASDAQ:PROVGet Free Report) last announced its quarterly earnings data on Monday, October 28th. The financial services provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.25 by $0.03. Provident Financial had a return on equity of 5.78% and a net margin of 12.58%. The business had revenue of $14.97 million for the quarter, compared to the consensus estimate of $9.74 million. During the same period in the previous year, the business earned $0.25 earnings per share. On average, analysts expect Provident Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Provident Financial Stock Performance

NASDAQ:PROV opened at $15.80 on Monday. The stock has a 50-day moving average price of $15.87 and a 200 day moving average price of $14.79. The stock has a market capitalization of $106.81 million, a P/E ratio of 14.50 and a beta of 0.38. Provident Financial has a 12-month low of $12.01 and a 12-month high of $16.70. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.93.

Provident Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Thursday, February 13th. Provident Financial’s dividend payout ratio (DPR) is currently 51.38%.

Analyst Ratings Changes

PROV has been the topic of several research analyst reports. Piper Sandler boosted their target price on shares of Provident Financial from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. StockNews.com initiated coverage on shares of Provident Financial in a report on Tuesday, January 21st. They set a “hold” rating for the company.

Check Out Our Latest Stock Report on Provident Financial

Provident Financial Company Profile

(Get Free Report)

Provident Financial Holdings, Inc operates as the holding company for Provident Savings Bank, F.S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California. The company's deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans.

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Earnings History for Provident Financial (NASDAQ:PROV)

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