Peoples Financial Services (PFIS) Projected to Post Quarterly Earnings on Thursday

Peoples Financial Services (NASDAQ:PFIS) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $1.16 per share and revenue of $45.60 million for the quarter.

Peoples Financial Services (NASDAQ:PFIS) last announced its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.56. Peoples Financial Services had a net margin of 3.00% and a return on equity of 7.73%. The firm had revenue of $74.01 million for the quarter. On average, analysts expect Peoples Financial Services to post $4 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Peoples Financial Services Stock Down 1.0 %

PFIS opened at $50.96 on Tuesday. Peoples Financial Services has a twelve month low of $36.26 and a twelve month high of $59.70. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.32. The firm has a 50 day moving average price of $52.29 and a 200-day moving average price of $49.09. The stock has a market capitalization of $509.09 million, a price-to-earnings ratio of 49.48 and a beta of 0.56.

Peoples Financial Services Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.6175 per share. The ex-dividend date is Friday, February 28th. This represents a $2.47 annualized dividend and a dividend yield of 4.85%. Peoples Financial Services’s payout ratio is 239.81%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Peoples Financial Services from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Hovde Group lifted their target price on Peoples Financial Services from $48.00 to $53.00 and gave the stock a “market perform” rating in a report on Monday, November 11th. Finally, Stephens upgraded Peoples Financial Services from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 9th.

Peoples Financial Services Company Profile

Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts.