NYSE:PFS Provident Financial Services (PFS) Stock Price, News & Analysis $18.28 -0.39 (-2.09%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$18.18▼$18.8350-Day Range$14.23▼$19.1252-Week Range$13.07▼$19.59Volume552,176 shsAverage Volume951,971 shsMarket Capitalization$2.39 billionP/E Ratio11.43Dividend Yield5.25%Price Target$20.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Provident Financial Services alerts: Email Address Provident Financial Services MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.1% Upside$20.67 Price TargetShort InterestHealthy3.48% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.01Based on 3 Articles This WeekInsider TradingSelling Shares$99,477 Sold Last QuarterProj. Earnings Growth26.74%From $1.72 to $2.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.61 out of 5 starsFinance Sector81st out of 871 stocksFederal Savings Institutions Industry3rd out of 28 stocks 2.5 Analyst's Opinion Consensus RatingProvident Financial Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageProvident Financial Services has only been the subject of 2 research reports in the past 90 days.Read more about Provident Financial Services' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.48% of the outstanding shares of Provident Financial Services have been sold short.Short Interest Ratio / Days to CoverProvident Financial Services has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Provident Financial Services has recently decreased by 10.63%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipProvident Financial Services is a leading dividend payer. It pays a dividend yield of 5.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProvident Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Provident Financial Services is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Provident Financial Services will have a dividend payout ratio of 44.04% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend.Read more about Provident Financial Services' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFS. Previous Next 3.9 News and Social Media Coverage News SentimentProvident Financial Services has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Provident Financial Services this week, compared to 2 articles on an average week.Search Interest2 people have searched for PFS on MarketBeat in the last 30 days. MarketBeat Follows4 people have added Provident Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Provident Financial Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $99,477.00 in company stock.Percentage Held by InsidersOnly 4.29% of the stock of Provident Financial Services is held by insiders.Percentage Held by Institutions71.97% of the stock of Provident Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Provident Financial Services' insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Provident Financial Services are expected to grow by 26.74% in the coming year, from $1.72 to $2.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Provident Financial Services is 11.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Provident Financial Services is 11.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.60.Price to Book Value per Share RatioProvident Financial Services has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Provident Financial Services' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.Click here for the ticker >>> About Provident Financial Services Stock (NYSE:PFS)Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, and tax compliance and planning. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.Read More PFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFS Stock News HeadlinesAugust 23, 2024 | insidertrades.comInsider Selling: Provident Financial Services, Inc. (NYSE:PFS) EVP Sells 5,499 Shares of StockAugust 28, 2024 | msn.comAsk a Financial Pro: Should I Work During Retirement?September 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 28, 2024 | americanbankingnews.comProvident Financial Services, Inc. (NYSE:PFS) EVP Sells $99,476.91 in StockAugust 12, 2024 | finance.yahoo.comInsider Sale: CEO Glenn Williams Sells 3,000 Shares of Primerica Inc (PRI)August 12, 2024 | investopedia.comCFA vs. CFP®: What's the Difference?August 11, 2024 | finance.yahoo.comIt Might Not Be A Great Idea To Buy Provident Financial Services, Inc. (NYSE:PFS) For Its Next DividendJuly 31, 2024 | globenewswire.comProvident Bank Welcomes Leonardo Ramos As Vice President, CRA OfficerSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.July 29, 2024 | gurufocus.comQ2 2024 Provident Financial Services Inc Earnings Call TranscriptJuly 29, 2024 | gurufocus.comProvident Financial Services Inc (PFS) Q2 2024 Earnings Call Transcript Highlights: Key Metrics ...July 27, 2024 | finance.yahoo.comProvident Financial Services Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagJuly 26, 2024 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Provident Financial Services (PFS)July 25, 2024 | globenewswire.comProvident Financial Services, Inc. Reports Second Quarter 2024 Results Inclusive of Merger-Related Costs and Declares Quarterly Cash DividendJuly 21, 2024 | msn.comFinancial Consultant vs. Financial Advisor: What’s the Difference?May 28, 2024 | forbes.comThe Transformative Power Of Pay For Success ProgramsMay 16, 2024 | globenewswire.comProvident Financial Services, Inc. Completes Merger with Lakeland Bancorp, Inc.May 15, 2024 | barrons.comProvident Financial Services Inc.See More Headlines Receive PFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Provident Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/25/2024Ex-Dividend for 8/30 Dividend8/16/2024Dividend Payable8/30/2024Today9/07/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:PFS CUSIP74386T10 CIK1178970 Webwww.provident.bank Phone(732) 590-9200Fax201-915-5480Employees1,142Year Founded1839Price Target and Rating Average Stock Price Target$20.67 High Stock Price Target$21.00 Low Stock Price Target$20.00 Potential Upside/Downside+13.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.60 Trailing P/E Ratio11.43 Forward P/E Ratio10.63 P/E GrowthN/ANet Income$128.40 million Net Margins9.38% Pretax Margin12.12% Return on Equity4.95% Return on Assets0.56% Debt Debt-to-Equity Ratio1.08 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$508.57 million Price / Sales4.69 Cash Flow$1.79 per share Price / Cash Flow10.19 Book Value$22.36 per share Price / Book0.82Miscellaneous Outstanding Shares130,516,000Free Float124,917,000Market Cap$2.39 billion OptionableOptionable Beta1.04 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Christopher P. Martin (Age 68)Executive Chairman Mr. Anthony J. Labozzetta (Age 60)President, CEO & Director Comp: $1.25MMr. Thomas M. Lyons CPA (Age 60)Senior EVP & CFO Comp: $818.69kMr. John F. Kuntz Esq. (Age 69)Senior Executive Vice President Comp: $806.96kMr. George Lista (Age 64)CEO & President Provident Protection Plus, Inc. Comp: $816.92kMs. Valerie O. Murray CFP (Age 49)Executive VP & Chief Wealth Management Officer of Provident Bank Comp: $797.53kMr. Adriano M. Duarte CPA (Age 52)Executive VP, Chief Accounting Officer & Investor Relations Officer Mr. Bennett Allen MacDougall (Age 54)Executive VP, General Counsel & Corporate Secretary Ms. Sheila LearySenior VP & BSA/AML Compliance Director of Provident BankMr. Brian Giovinazzi (Age 70)Executive VP & Chief Credit Officer of the Provident Bank Comp: $856.29kMore ExecutivesKey CompetitorsMGIC InvestmentNYSE:MTGRadian GroupNYSE:RDNTFS FinancialNASDAQ:TFSLWalker & DunlopNYSE:WDSimply Good FoodsNASDAQ:SMPLView All CompetitorsInsiders & InstitutionsMendon Capital Advisors CorpSold 292,000 shares on 8/30/2024Ownership: 0.006%Cetera Investment AdvisersBought 262,935 shares on 8/22/2024Ownership: 0.201%Truist Financial CorpBought 112,030 shares on 8/21/2024Ownership: 0.086%Vito GiannolaSold 5,499 sharesTotal: $99,476.91 ($18.09/share)Point72 Asset Management L.P.Bought 20,500 shares on 8/19/2024Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions PFS Stock Analysis - Frequently Asked Questions How have PFS shares performed this year? Provident Financial Services' stock was trading at $18.03 at the start of the year. Since then, PFS stock has increased by 1.4% and is now trading at $18.28. View the best growth stocks for 2024 here. How were Provident Financial Services' earnings last quarter? Provident Financial Services, Inc. (NYSE:PFS) issued its quarterly earnings data on Thursday, July, 25th. The savings and loans company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.39. The business's revenue for the quarter was up 42.8% compared to the same quarter last year. Who are Provident Financial Services' major shareholders? Provident Financial Services' top institutional shareholders include MKP Capital Management L.L.C., Dimensional Fund Advisors LP (5.97%), Hsbc Holdings PLC (3.06%) and American Century Companies Inc. (1.95%). Insiders that own company stock include Christopher P Martin, Vito Giannola, Frank L Fekete, Matthew K Harding, Valerie O Murray, James P Dunigan, James A Christy, Walter Sierotko, Robert Mcnerney, George Lista, Anthony J Labozzetta and John Pugliese. View institutional ownership trends. How do I buy shares of Provident Financial Services? Shares of PFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Provident Financial Services own? Based on aggregate information from My MarketBeat watchlists, some other companies that Provident Financial Services investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Enterprise Products Partners (EPD), United Parcel Service (UPS) and Verizon Communications (VZ). 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