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Sandler O’Neill assumed coverage on shares of Clifton Bancorp (NASDAQ:CSBK) in a research note issued on Friday, Stock Ratings reports. The firm set a “buy” rating on the stock.

CSBK has been the subject of a number of other recent research reports. Analysts at TheStreet downgraded shares of Clifton Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, April 21st. Separately, analysts at Compass Point reiterated a “focus list” rating on shares of Clifton Bancorp in a research note on Tuesday, April 15th.

Shares of Clifton Bancorp (NASDAQ:CSBK) opened at 11.50 on Friday. Clifton Bancorp has a 52-week low of $11.29 and a 52-week high of $13.6262. The stock’s 50-day moving average is $11.67 and its 200-day moving average is $12.70. The company has a market cap of $292.1 million and a price-to-earnings ratio of 45.02.

Clifton Bancorp (NASDAQ:CSBK) last announced its earnings results on Wednesday, May 7th. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.07 by $0.01. On average, analysts predict that Clifton Bancorp will post $0.28 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, June 6th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date of this dividend is Wednesday, May 21st.

Clifton Bancorp Inc, formerly Clifton Savings Bancorp, Inc, is a savings and loan holding company that operates through its subsidiary, Clifton Savings Bank (NASDAQ:CSBK).

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