Analysts Expect DNB Financial Corp. (NASDAQ:DNBF) to Announce $0.39 Earnings Per Share
DNB Financial Corp. (NASDAQ:DNBF) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Analysts have set a twelve-month consensus price objective of $28.00 for the company and are forecasting that the company will post $0.39 earnings per share for the current quarter, according to Zacks. Zacks has also given DNB Financial Corp. an industry rank of 110 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded DNB Financial Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, June 28th.
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Shares of DNB Financial Corp. (NASDAQ:DNBF) remained flat at $25.30 during trading on Monday. The stock has a market cap of $72.18 million, a price-to-earnings ratio of 13.60 and a beta of 0.46. DNB Financial Corp. has a 52 week low of $23.05 and a 52 week high of $30.00. The firm’s 50-day moving average price is $25.57 and its 200 day moving average price is $26.18.
DNB Financial Corp. (NASDAQ:DNBF) last released its quarterly earnings results on Thursday, July 21st. The financial services provider reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.06. DNB Financial Corp. had a return on equity of 9.71% and a net margin of 18.26%. Equities analysts anticipate that DNB Financial Corp. will post $1.63 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 20th. Shareholders of record on Friday, September 9th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Wednesday, September 7th. DNB Financial Corp.’s dividend payout ratio is presently 15.05%.
Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in DNB Financial Corp. by 15.6% in the second quarter. Vanguard Group Inc. now owns 35,030 shares of the financial services provider’s stock valued at $827,000 after buying an additional 4,739 shares during the period. Banc Funds Co. LLC boosted its position in DNB Financial Corp. by 66.0% in the second quarter. Banc Funds Co. LLC now owns 43,641 shares of the financial services provider’s stock valued at $1,030,000 after buying an additional 17,349 shares during the period. Philadelphia Trust Co. boosted its position in DNB Financial Corp. by 9.5% in the second quarter. Philadelphia Trust Co. now owns 71,205 shares of the financial services provider’s stock valued at $1,680,000 after buying an additional 6,205 shares during the period. Finally, Wellington Management Group LLP boosted its position in DNB Financial Corp. by 28.0% in the first quarter. Wellington Management Group LLP now owns 278,181 shares of the financial services provider’s stock valued at $7,934,000 after buying an additional 60,846 shares during the period. Institutional investors own 30.09% of the company’s stock.
About DNB Financial Corp.
DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.
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