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

Peoples Financial Services (NASDAQ:PFIS) will likely be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect Peoples Financial Services to post earnings of $1.16 per share and revenue of $42,750.00 billion for the quarter.

Peoples Financial Services (NASDAQ:PFIS) last announced its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.56. The firm had revenue of $74.01 million during the quarter. Peoples Financial Services had a return on equity of 7.73% and a net margin of 3.00%. 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 Up 2.1 %

Shares of Peoples Financial Services stock opened at $51.51 on Wednesday. The stock has a 50-day moving average price of $52.61 and a 200 day moving average price of $48.67. The company has a market cap of $514.58 million, a P/E ratio of 50.01 and a beta of 0.56. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.32. Peoples Financial Services has a 1 year low of $36.26 and a 1 year high of $59.70.

Peoples Financial Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a $0.618 dividend. This represents a $2.47 annualized dividend and a yield of 4.80%. The ex-dividend date of this dividend was Friday, November 29th. Peoples Financial Services’s dividend payout ratio is currently 239.81%.

Analyst Ratings Changes

Several brokerages recently issued reports on PFIS. StockNews.com raised Peoples Financial Services from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Stephens raised Peoples Financial Services from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 9th. Finally, Hovde Group raised their price target on Peoples Financial Services from $48.00 to $53.00 and gave the stock a “market perform” rating in a research note on Monday, November 11th.

About Peoples Financial Services

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.