Astoria Financial Corp. (AF) Announces Quarterly Earnings, Beats Estimates By $0.03 EPS
Astoria Financial Corp. (NYSE:AF) released its earnings data on Thursday. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03, Analyst Ratings Network reports. During the same quarter last year, the company posted $0.15 earnings per share.
Astoria Financial Corp. (NYSE:AF) opened at 13.40 on Thursday. Astoria Financial Corp. has a 52 week low of $9.22 and a 52 week high of $14.47. The stock’s 50-day moving average is $13.80 and its 200-day moving average is $13.09. The company has a market cap of $1.304 billion and a price-to-earnings ratio of 23.20.
A number of analysts have recently weighed in on AF shares. Analysts at Barclays raised their price target on shares of Astoria Financial Corp. from $9.00 to $14.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. On a related note, analysts at Guggenheim raised their price target on shares of Astoria Financial Corp. to $15.50 in a research note to investors on Tuesday, January 14th. They now have a “neutral” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods upgraded shares of Astoria Financial Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $17.00 price target on the stock, up previously from $13.00. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.33.
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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