Wall Street brokerages predict that First Defiance Financial Corp. (NASDAQ:FDEF) will post earnings per share (EPS) of $0.87 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for First Defiance Financial Corp.’s earnings, with the lowest EPS estimate coming in at $0.86 and the highest estimate coming in at $0.87. First Defiance Financial Corp. reported earnings per share of $0.78 in the same quarter last year, which suggests a positive year over year growth rate of 11.5%. The company is expected to issue its next quarterly earnings results on Monday, October 16th.

On average, analysts expect that First Defiance Financial Corp. will report full year earnings of $3.38 per share for the current year, with EPS estimates ranging from $3.37 to $3.38. For the next financial year, analysts anticipate that the firm will post earnings of $3.55 per share, with EPS estimates ranging from $3.50 to $3.59. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for First Defiance Financial Corp..

First Defiance Financial Corp. (NASDAQ:FDEF) last posted its quarterly earnings results on Monday, July 17th. The savings and loans company reported $0.82 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.84 by $0.02. First Defiance Financial Corp. had a return on equity of 9.71% and a net margin of 20.85%. The company had revenue of $34.77 million during the quarter, compared to analyst estimates of $33.88 million.

A number of equities analysts have recently weighed in on the stock. Sandler O’Neill assumed coverage on shares of First Defiance Financial Corp. in a research report on Wednesday, June 21st. They set a “hold” rating and a $56.00 price target on the stock. Zacks Investment Research cut shares of First Defiance Financial Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, June 20th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $51.00 price target on shares of First Defiance Financial Corp. in a research report on Wednesday, May 24th.

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First Defiance Financial Corp. (NASDAQ FDEF) opened at 52.62 on Wednesday. The stock has a 50 day moving average of $53.19 and a 200-day moving average of $51.29. The firm has a market capitalization of $534.04 million, a P/E ratio of 17.78 and a beta of 0.90. First Defiance Financial Corp. has a 1-year low of $36.91 and a 1-year high of $56.90.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 25th. Investors of record on Friday, August 18th will be given a $0.25 dividend. The ex-dividend date is Wednesday, August 16th. This represents a $1.00 annualized dividend and a yield of 1.90%. First Defiance Financial Corp.’s dividend payout ratio is currently 33.90%.

In related news, insider Gregory R. Allen sold 2,167 shares of the business’s stock in a transaction on Monday, May 1st. The shares were sold at an average price of $54.23, for a total value of $117,516.41. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 3.40% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. bought a new stake in First Defiance Financial Corp. during the fourth quarter valued at approximately $1,446,000. Prudential Financial Inc. boosted its stake in First Defiance Financial Corp. by 11.5% in the first quarter. Prudential Financial Inc. now owns 97,850 shares of the savings and loans company’s stock valued at $4,845,000 after buying an additional 10,080 shares in the last quarter. ClariVest Asset Management LLC boosted its stake in First Defiance Financial Corp. by 13.7% in the first quarter. ClariVest Asset Management LLC now owns 88,228 shares of the savings and loans company’s stock valued at $4,368,000 after buying an additional 10,609 shares in the last quarter. AQR Capital Management LLC boosted its stake in First Defiance Financial Corp. by 32.7% in the first quarter. AQR Capital Management LLC now owns 146,112 shares of the savings and loans company’s stock valued at $7,234,000 after buying an additional 35,984 shares in the last quarter. Finally, Seizert Capital Partners LLC bought a new stake in First Defiance Financial Corp. during the first quarter valued at approximately $1,832,000. 62.97% of the stock is currently owned by institutional investors and hedge funds.

About First Defiance Financial Corp.

First Defiance Financial Corp. is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc (First Defiance Risk Management).

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Earnings History and Estimates for First Defiance Financial Corp. (NASDAQ:FDEF)

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