Astoria Financial Corp. Price Target Raised to $14.00 at Jefferies Group (AF)
Jefferies Group boosted their price objective on shares of Astoria Financial Corp. (NYSE:AF) from $13.00 to $14.00 in a research note issued on Thursday, Analyst Ratings Network.com reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 2.49% from the stock’s previous close.
Shares of Astoria Financial Corp. (NYSE:AF) opened at 13.66 on Thursday. Astoria Financial Corp. has a 1-year low of $8.88 and a 1-year high of $13.81. The stock has a 50-day moving average of $12.56 and a 200-day moving average of $11.28. The company has a market cap of $1.328 billion and a price-to-earnings ratio of 23.15.
Astoria Financial Corp. (NYSE:AF) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. The company had revenue of $86.20 million for the quarter, compared to the consensus estimate of $86.80 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. Analysts expect that Astoria Financial Corp. will post $0.58 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Wednesday, November 13th.
Several other analysts have also recently commented on the stock. Analysts at Boenning Scattergood raised their price target on shares of Astoria Financial Corp. from $14.00 to $15.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Astoria Financial Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. They now have a $13.10 price target on the stock. Finally, analysts at Thomson Reuters/Verus upgraded shares of Astoria Financial Corp. from a “sell” rating to a “hold” rating in a research note to investors on Monday, August 5th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $12.30.
Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association (NYSE:AF).
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