Zacks Upgrades Tompkins Financial Corp. to “Outperform” (TMP)
Tompkins Financial Corp. (NYSE:TMP) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Tuesday, AnalystRatingsNetwork.com reports. The firm currently has a $52.50 price target on the stock. Zacks‘ price target indicates a potential upside of 6.90% from the company’s current price.
Tompkins Financial Corp. (NYSE:TMP) traded down 1.69% during mid-day trading on Tuesday, hitting $48.28. 30,458 shares of the company’s stock traded hands. Tompkins Financial Corp. has a 1-year low of $39.52 and a 1-year high of $52.00. The stock has a 50-day moving average of $49.74 and a 200-day moving average of $47.39. The company has a market cap of $710.2 million and a P/E ratio of 15.00.
Tompkins Financial Corp. (NYSE:TMP) last issued its quarterly earnings data on Friday, January 24th. The company reported $0.96 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.80 by $0.16. On average, analysts predict that Tompkins Financial Corp. will post $3.23 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 14th. Stockholders of record on Monday, February 3rd will be paid a dividend of 0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Thursday, January 30th.
Tompkins Financial Corporation (NYSE:TMP) is a bank holding company.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.