Prudential Bancorp, Inc. (NASDAQ:PBIP) was downgraded by research analysts at TheStreet from a “b+” rating to a “c” rating in a note issued to investors on Friday.

Shares of Prudential Bancorp (NASDAQ:PBIP) traded down 2.51% on Friday, hitting $17.88. The company’s stock had a trading volume of 3,623 shares. Prudential Bancorp has a 1-year low of $13.95 and a 1-year high of $18.74. The company has a 50 day moving average of $18.13 and a 200 day moving average of $17.66. The firm has a market cap of $152.68 million and a PE ratio of 388.70.

Prudential Bancorp (NASDAQ:PBIP) last issued its quarterly earnings data on Friday, April 28th. The savings and loans company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $5.82 million during the quarter. Equities analysts forecast that Prudential Bancorp will post $0.35 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 21st. Investors of record on Wednesday, June 7th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend was Monday, June 5th. Prudential Bancorp’s dividend payout ratio (DPR) is 240.05%.

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About Prudential Bancorp

Prudential Bancorp, Inc of Pennsylvania is a mid-tier holding company for Prudential Savings Bank (the Bank). The Bank is a wholly owned subsidiary of the Company. Prudential Mutual Holding Company, a Pennsylvania corporation, is the mutual holding company parent of the Company. As of September 30, 2012, Prudential Mutual Holding Company owns 74.6% of the Company.

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