Tompkins Financial (NYSEAMERICAN:TMP - Get Free Report) announced its earnings results on Friday. The financial services provider reported $1.30 EPS for the quarter, beating the consensus estimate of $1.21 by $0.09, RTT News reports. Tompkins Financial had a return on equity of 2.16% and a net margin of 4.11%. The business had revenue of $112.51 million during the quarter. During the same period in the prior year, the company earned ($2.35) earnings per share.
Tompkins Financial Stock Down 1.8 %
NYSEAMERICAN:TMP traded down $1.12 during trading hours on Friday, hitting $60.75. 45,397 shares of the company's stock traded hands, compared to its average volume of 59,492. The firm has a market capitalization of $874.80 million, a price-to-earnings ratio of 61.99 and a beta of 0.69. Tompkins Financial has a twelve month low of $43.09 and a twelve month high of $65.99. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.14.
Tompkins Financial Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 8th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 4.08%. This is a positive change from Tompkins Financial's previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Friday, November 8th. Tompkins Financial's payout ratio is presently 248.98%.
Analysts Set New Price Targets
Several brokerages have recently commented on TMP. Keefe, Bruyette & Woods raised Tompkins Financial from a "market perform" rating to an "outperform" rating and upped their target price for the company from $59.00 to $68.00 in a report on Wednesday, October 2nd. StockNews.com raised Tompkins Financial from a "sell" rating to a "hold" rating in a research report on Saturday, August 3rd.
Get Our Latest Analysis on Tompkins Financial
Tompkins Financial Company Profile
(
Get Free Report)
Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates through three segments: Banking, Insurance, and Wealth Management. It accepts various deposit products, including checking and savings accounts, time deposits, and IRA products, as well as brokered, reciprocal, and municipal money market deposits.
See Also
Before you consider Tompkins Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tompkins Financial wasn't on the list.
While Tompkins Financial currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
