StockNews.com started coverage on shares of Provident Financial (NASDAQ:PROV – Get Rating) in a report issued on Monday morning. The firm issued a hold rating on the financial services provider’s stock.
Provident Financial Stock Performance
Shares of PROV opened at $14.72 on Monday. The company has a 50-day simple moving average of $14.28 and a 200-day simple moving average of $14.44. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $105.98 million, a PE ratio of 12.69 and a beta of 0.45. Provident Financial has a 52-week low of $13.50 and a 52-week high of $17.37.
Provident Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 8th. Stockholders of record on Thursday, November 17th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.80%. Provident Financial’s dividend payout ratio is presently 48.28%.
Hedge Funds Weigh In On Provident Financial
About Provident Financial
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.
- Get a free copy of the StockNews.com research report on Provident Financial (PROV)
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