TFS Financial (NASDAQ:TFSL) Reaches New 1-Year High – Should You Buy?

TFS Financial Corporation (NASDAQ:TFSL) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $14.88 and last traded at $14.7470, with a volume of 109394 shares changing hands. The stock had previously closed at $14.43.

Analyst Ratings Changes

Several equities analysts have weighed in on TFSL shares. Piper Sandler started coverage on shares of TFS Financial in a report on Friday, January 16th. They issued a “neutral” rating and a $15.00 target price on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of TFS Financial in a report on Monday, December 29th. Wall Street Zen cut TFS Financial from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Zacks Research raised TFS Financial to a “hold” rating in a research note on Monday, January 19th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $15.00.

TFS Financial Price Performance

The company has a debt-to-equity ratio of 2.57, a current ratio of 1.54 and a quick ratio of 1.53. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 45.99 and a beta of 0.73. The stock has a 50 day moving average price of $14.03 and a two-hundred day moving average price of $13.60.

TFS Financial (NASDAQ:TFSL) last posted its earnings results on Thursday, January 29th. The bank reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). The firm had revenue of $83.73 million for the quarter, compared to analyst estimates of $84.97 million. TFS Financial had a return on equity of 4.80% and a net margin of 11.29%. As a group, analysts expect that TFS Financial Corporation will post 0.29 EPS for the current year.

TFS Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 16th. Investors of record on Tuesday, December 2nd were issued a $0.2825 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.7%. TFS Financial’s payout ratio is 353.13%.

Insider Buying and Selling at TFS Financial

In related news, Director Ashley H. Williams sold 7,600 shares of TFS Financial stock in a transaction on Friday, December 12th. The stock was sold at an average price of $13.66, for a total value of $103,816.00. Following the completion of the transaction, the director directly owned 16,510 shares in the company, valued at approximately $225,526.60. This trade represents a 31.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Meredith S. Weil sold 15,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $13.85, for a total value of $207,750.00. Following the sale, the chief financial officer owned 48,527 shares in the company, valued at approximately $672,098.95. This trade represents a 23.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 47,600 shares of company stock valued at $665,316 in the last quarter. Corporate insiders own 0.72% of the company’s stock.

Institutional Trading of TFS Financial

A number of large investors have recently made changes to their positions in TFSL. Legal & General Group Plc raised its holdings in TFS Financial by 1.3% in the second quarter. Legal & General Group Plc now owns 60,358 shares of the bank’s stock valued at $782,000 after acquiring an additional 789 shares in the last quarter. Prasad Wealth Partners LLC raised its holdings in shares of TFS Financial by 9.0% in the 4th quarter. Prasad Wealth Partners LLC now owns 11,781 shares of the bank’s stock valued at $158,000 after purchasing an additional 971 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of TFS Financial by 5.7% in the 2nd quarter. Osaic Holdings Inc. now owns 19,762 shares of the bank’s stock valued at $256,000 after purchasing an additional 1,057 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of TFS Financial by 9.5% during the third quarter. Ameriprise Financial Inc. now owns 13,202 shares of the bank’s stock worth $174,000 after purchasing an additional 1,147 shares in the last quarter. Finally, Danske Bank A S increased its holdings in TFS Financial by 36.1% in the fourth quarter. Danske Bank A S now owns 4,900 shares of the bank’s stock valued at $66,000 after buying an additional 1,300 shares during the last quarter. 9.81% of the stock is currently owned by hedge funds and other institutional investors.

About TFS Financial

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.