ViewPoint Financial Group Announces Quarterly Dividend of $0.12 (VPFG)
ViewPoint Financial Group (NASDAQ:VPFG) declared a quarterly dividend on Tuesday, February 4th, Analyst Ratings.Net reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.12 per share on Tuesday, March 4th. This represents a $0.48 dividend on an annualized basis and a yield of 1.98%.
VPFG has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of ViewPoint Financial Group from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 28th. They now have a $30.10 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of ViewPoint Financial Group from $22.00 to $25.00 in a research note to investors on Wednesday, November 27th. They now have a “market perform” rating on the stock. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. ViewPoint Financial Group presently has an average rating of “Hold” and an average price target of $23.37.
Shares of ViewPoint Financial Group (NASDAQ:VPFG) traded up 1.98% during mid-day trading on Tuesday, hitting $24.20. 190,698 shares of the company’s stock traded hands. ViewPoint Financial Group has a 52 week low of $17.88 and a 52 week high of $27.89. The stock’s 50-day moving average is $26.36 and its 200-day moving average is $22.85. The company has a market cap of $923.7 million and a P/E ratio of 25.85.
ViewPoint Financial Group (NASDAQ:VPFG) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.01. The company had revenue of $30.07 million for the quarter, compared to the consensus estimate of $29.28 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. Analysts expect that ViewPoint Financial Group will post $0.85 EPS for the current fiscal year.
ViewPoint Financial Group, Inc, formerly ViewPoint Financial Group, is a federally chartered stock holding company for ViewPoint Bank (NASDAQ:VPFG).
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