1 week Ago By Defense World Staff
Equities research analysts at StockNews.com started coverage on shares of Provident Financial ( NASDAQ:PROV – Get Free Report ) in a report released on Sunday. The firm set a “hold” rating on the financial services provider’s stock.
Separately, Piper Sandler raised their target price on Provident Financial from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th.
Get Our Latest Report on PROV Provident Financial Price Performance Provident Financial ( NASDAQ:PROV – Get Free Report ) last announced its quarterly earnings results on Monday, October 28th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.
25 by $0.03. The firm had revenue of $14.
97 million during the quarter, compared to the consensus estimate of $9.74 million. Provident Financial had a return on equity of 5.
78% and a net margin of 12.58%. During the same period in the prior year, the firm earned $0.
25 EPS. On average, analysts expect that Provident Financial will post 1.05 earnings per share for the current year.
Hedge Funds Weigh In On Provident Financial A hedge fund recently bought a new stake in Provident Financial stock. Fourthstone LLC purchased a new position in Provident Financial Holdings, Inc. ( NASDAQ:PROV – Free Report ) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The fund purchased 69,050 shares of the financial services provider’s stock, valued at approximately $991,000. Fourthstone LLC owned approximately 1.02% of Provident Financial as of its most recent filing with the Securities & Exchange Commission.
71.34% of the stock is owned by hedge funds and other institutional investors. About Provident Financial ( Get Free Report ) Provident Financial Holdings, Inc operates as the holding company for Provident Savings Bank, F.
S.B. that provides community banking services to consumers and small to mid-sized businesses in the Inland Empire region of Southern California.
The company's deposit products include checking, savings, and money market accounts, as well as time deposits; and loan portfolio consists of single-family, multi-family, commercial real estate, construction, mortgage, commercial business, and consumer loans. Further Reading Five stocks we like better than Provident Financial Most active stocks: Dollar volume vs share volume Quantum Opportunity: Skywater Technology’s Long-Term Potential 2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Nebius Group: The Rising Star in AI Infrastructure What is a Stock Market Index and How Do You Use Them? MarketBeat Week in Review – 12/30 – 1/03 Receive News & Ratings for Provident Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Provident Financial and related companies with MarketBeat.com's FREE daily email newsletter .
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