Astoria Financial Corp. Price Target Increased to $13.00 by Analysts at Keefe, Bruyette & Woods (AF)
Equities research analysts at Keefe, Bruyette & Woods boosted their target price on shares of Astoria Financial Corp. (NYSE:AF) from $12.00 to $13.00 in a research note issued to investors on Monday, American Banking & Market News reports. Keefe, Bruyette & Woods’ target price would suggest a potential downside of 4.13% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Astoria Financial Corp. from $13.00 to $14.00 in a research note to investors on Thursday, October 17th. They now have a “hold” rating on the stock. Separately, 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, October 17th. They now have an “outperform” rating on the stock. Finally, 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. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Astoria Financial Corp. currently has an average rating of “Hold” and an average price target of $12.59.
Astoria Financial Corp. (NYSE:AF) traded down 1.02% during mid-day trading on Monday, hitting $13.56. 379,078 shares of the company’s stock traded hands. Astoria Financial Corp. has a one year low of $8.88 and a one year high of $13.00. The stock’s 50-day moving average is $12.59 and its 200-day moving average is $10.80. The company has a market cap of $1.318 billion and a P/E ratio of 23.22.
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 last year, the company posted $0.14 earnings per share. Astoria Financial Corp.’s revenue was up .2% compared to the same quarter last year. Analysts expect that Astoria Financial Corp. will post $0.58 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 2nd. Investors of record on Friday, November 15th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Wednesday, November 13th.
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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