Tompkins Financial Corp. PT Raised to $48.00 at Keefe, Bruyette & Woods (TMP)
Equities research analysts at Keefe, Bruyette & Woods hoisted their price target on shares of Tompkins Financial Corp. (NYSE:TMP) from $45.00 to $48.00 in a research note issued to investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential downside of 4.67% from the stock’s previous close.
Separately, analysts at Zacks upgraded shares of Tompkins Financial Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, September 30th. They now have a $46.40 price target on the stock.
Tompkins Financial Corp. (NYSE:TMP) traded down 0.47% during mid-day trading on Wednesday, hitting $50.35. The stock had a trading volume of 70,969 shares. Tompkins Financial Corp. has a 52 week low of $36.85 and a 52 week high of $49.85. The stock’s 50-day moving average is $44.66 and its 200-day moving average is $43.15. The company has a market cap of $736.4 million and a price-to-earnings ratio of 15.45.
Tompkins Financial Corp. (NYSE:TMP) last announced its earnings results on Friday, October 18th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.11. During the same quarter in the previous year, the company posted $0.87 earnings per share. Analysts expect that Tompkins Financial Corp. will post $3.19 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, November 15th. Shareholders of record on Monday, November 4th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, October 31st. This is a positive change from Tompkins Financial Corp.’s previous quarterly dividend of $0.38.
Tompkins Financial Corporation (NYSE:TMP) is a bank holding company.
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