Peoples Financial Services (PFIS) to Release Quarterly Earnings on Thursday

Peoples Financial Services (NASDAQ:PFIS) is expected to post its quarterly earnings results 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 issued its earnings results 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. Peoples Financial Services had a net margin of 3.00% and a return on equity of 7.73%. The company had revenue of $74.01 million for the quarter. On average, analysts expect Peoples Financial Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Peoples Financial Services Price Performance

Shares of PFIS opened at $50.43 on Tuesday. The stock has a market capitalization of $504.05 million, a PE ratio of 48.96 and a beta of 0.56. The company has a 50 day moving average price of $52.61 and a 200-day moving average price of $48.67. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. Peoples Financial Services has a fifty-two week low of $36.26 and a fifty-two week high of $59.70.

Peoples Financial Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.618 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.47 annualized dividend and a yield of 4.90%. Peoples Financial Services’s dividend payout ratio (DPR) is presently 239.81%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Hovde Group upped their price objective 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. StockNews.com upgraded shares of Peoples Financial Services from a “sell” rating to a “hold” rating in a report on Thursday, November 7th. Finally, Stephens upgraded shares of Peoples Financial Services from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 9th.

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.