Provident Financial Holdings Inc. Announces Quarterly Dividend of $0.10 (PROV)
Provident Financial Holdings (NASDAQ:PROV) declared a quarterly dividend on Wednesday, October 30th, Analyst Ratings Network.com reports. Stockholders of record on Thursday, November 21st will be given a dividend of $0.10 per share on Tuesday, December 10th. This represents a $0.40 dividend on an annualized basis and a yield of 2.62%.
Several analysts have recently commented on the stock. Analysts at FIG Partners downgraded shares of Provident Financial Holdings to an “underperform” rating in a research note to investors on Wednesday. On a related note, analysts at Zacks downgraded shares of Provident Financial Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $20.10 price target on the stock. Finally, analysts at Sandler O’Neill downgraded shares of Provident Financial Holdings from a “buy” rating to a “hold” rating in a research note to investors on Friday, September 27th. They now have a $18.00 price target on the stock, down previously from $20.00. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Provident Financial Holdings presently has a consensus rating of “Hold” and a consensus target price of $19.53.
Provident Financial Holdings (NASDAQ:PROV) traded down 4.21% on Wednesday, hitting $15.25. The stock had a trading volume of 160,890 shares. Provident Financial Holdings has a 1-year low of $12.74 and a 1-year high of $19.69. The stock’s 50-day moving average is $17.90 and its 200-day moving average is $16.60. The company has a market cap of $155.7 million and a P/E ratio of 6.69.
Provident Financial Holdings (NASDAQ:PROV) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.43 by $0.29. During the same quarter last year, the company posted $0.72 earnings per share. Analysts expect that Provident Financial Holdings will post $1.65 EPS for the current fiscal year.
Provident Financial Holdings, Inc (NASDAQ:PROV) is a holding company for Provident Savings Bank, F.
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