Peoples Financial Services (PFIS) Expected to Announce Earnings on Thursday

Peoples Financial Services (NASDAQ:PFIS) is expected to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $1.16 per share and revenue of $42,750.00 billion for the quarter.

Peoples Financial Services (NASDAQ:PFIS) last posted its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.56. The company had revenue of $74.01 million during the quarter. Peoples Financial Services had a net margin of 3.00% and a return on equity of 7.73%. 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 Stock Performance

Peoples Financial Services stock opened at $50.15 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market cap of $501.25 million, a P/E ratio of 48.69 and a beta of 0.56. Peoples Financial Services has a fifty-two week low of $36.26 and a fifty-two week high of $59.70. The firm’s 50 day simple moving average is $52.65 and its 200-day simple moving average is $48.51.

Peoples Financial Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a $0.618 dividend. The ex-dividend date was Friday, November 29th. This represents a $2.47 dividend on an annualized basis and a dividend yield of 4.93%. Peoples Financial Services’s payout ratio is currently 239.81%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PFIS. StockNews.com upgraded Peoples Financial Services from a “sell” rating to a “hold” rating in a report 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 increased their price target on shares of Peoples Financial Services from $48.00 to $53.00 and gave the stock a “market perform” rating in a research report 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.