Premier Financial (PFC) Stock Price, News & Analysis

Company Overview

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans. In addition, it invests in the U.S. treasury and federal government agency obligations, obligations of states and political subdivisions, mortgage-backed securities that are issued by federal agencies, residential collateralized mortgage obligations, and corporate bonds. Further, the company offers property and casualty, life, and group health insurance agency services; mezzanine funding services; and digital banking services, which include mobile banking, zelle, online bill pay, and online account opening, as well as the MoneyPass ATM network. It operates in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. The company was formerly known as First Defiance Financial Corp. and changed its name to Premier Financial Corp. in June 2020. Premier Financial Corp. was founded in 1920 and is headquartered in Defiance, Ohio.

Key Stats

• Today's Range: $23.92 to $24.93
• 50-Day Range: $22.72 to $26.19
• 52-Week Range: $15.79 to $26.40
• Volume: 499,169 shs
• Average Volume: 158,595 shs
• Market Capitalization: $862.74 million
• P/E Ratio: 7.77
• Dividend Yield: 5.15%
• Price Target: $22.50
• Consensus Rating: Hold

Premier Financial Stock Analysis - MarketRank™

Premier Financial scored higher than 76% of companies evaluated by MarketBeat, and ranked 324th out of 904 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Premier Financial has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Premier Financial has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 9.09%

Earnings Growth

Earnings for Premier Financial are expected to grow by 9.09% in the coming year, from $1.98 to $2.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Premier Financial is 7.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Premier Financial is 7.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.70.

Price to Book Value per Share Ratio

Premier Financial has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.90% of the float of Premier Financial has been sold short.

Short Interest Ratio / Days to Cover

Premier Financial has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Premier Financial has recently increased by 41.97%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Premier Financial is a leading dividend payer. It pays a dividend yield of 5.12%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Premier Financial has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Premier Financial is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Premier Financial will have a dividend payout ratio of 57.41% next year. This indicates that Premier Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.90% of the float of Premier Financial has been sold short.

Short Interest Ratio / Days to Cover

Premier Financial has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Premier Financial has recently increased by 41.97%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.52

News Sentiment

Premier Financial has a news sentiment score of 0.52. 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 lower news sentiment than the 0.63 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Premier Financial this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for PFC on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Premier Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $85,480.00 in company stock.

Percentage Held by Insiders

Only 2.22% of the stock of Premier Financial is held by insiders.

Percentage Held by Institutions

66.14% of the stock of Premier Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PFC Stock Analysis - Frequently Asked Questions

How have PFC shares performed this year?

Premier Financial's stock was trading at $24.10 at the start of the year. Since then, PFC shares have decreased by 0.0% and is now trading at $24.09.
View the best growth stocks for 2024 here.

How were Premier Financial's earnings last quarter?

Premier Financial Corp. (NASDAQ:PFC) posted its quarterly earnings data on Tuesday, July, 30th. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.06. The company earned $110.55 million during the quarter, compared to analyst estimates of $63.20 million. Premier Financial had a net margin of 18.07% and a trailing twelve-month return on equity of 8.19%.

Who are Premier Financial's major shareholders?

Premier Financial's top institutional investors include Dimensional Fund Advisors LP (6.26%), The Manufacturers Life Insurance Company (2.10%), American Century Companies Inc. (1.83%) and Renaissance Technologies LLC (1.08%). Insiders that own company stock include Dennis E Rose Jr, Donald P Hileman, Louis Michael Altman, Richard J Schiraldi, Samuel S Strausbaugh and Terri A Bettinger.
View institutional ownership trends.

How do I buy shares of Premier Financial?

Shares of PFC 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.

Company Calendar

• Last Earnings: 7/30/2024
• Ex-Dividend for 8/16 Dividend: 8/09/2024
• Dividend Payable: 8/16/2024
• Today: 9/22/2024
• Next Earnings (Estimated): 10/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:PFC
• CUSIP: N/A
• CIK: 946647
• Web: www.fdef.com
• Phone: (419) 782-5015
• Fax: 419-782-5145
• Employees: 1,023
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.50
• High Stock Price Target: $23.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: -6.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.10
• Trailing P/E Ratio: 7.77
• Forward P/E Ratio: 12.17
• P/E Growth: N/A
• Net Income: $111.29 million
• Net Margins: 18.07%
• Pretax Margin: 22.36%
• Return on Equity: 8.19%
• Return on Assets: 0.91%

Debt

• Debt-to-Equity Ratio: 0.49
• Current Ratio: 0.97
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $246.12 million
• Price / Sales: 3.51
• Cash Flow: $3.08 per share
• Price / Cash Flow: 7.81
• Book Value: $27.30 per share
• Price / Book: 0.88

Miscellaneous

• Outstanding Shares: 35,813,000
• Free Float: 35,018,000
• Market Cap: $862.74 million
• Optionable: Optionable
• Beta: 1.26