Wall Street analysts predict that First Defiance Financial Corp. (NASDAQ:FDEF) will report $34.85 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for First Defiance Financial Corp.’s earnings, with estimates ranging from $34.79 million to $34.90 million. First Defiance Financial Corp. posted sales of $28.35 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 22.9%. The company is expected to announce its next earnings report on Monday, October 16th.

On average, analysts expect that First Defiance Financial Corp. will report full-year sales of $34.85 million for the current year, with estimates ranging from $135.94 million to $137.70 million. For the next financial year, analysts forecast that the company will post sales of $144.31 million per share, with estimates ranging from $144.30 million to $144.31 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for First Defiance Financial Corp..

First Defiance Financial Corp. (NASDAQ:FDEF) last released its earnings results on Monday, July 17th. The savings and loans company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $34.77 million during the quarter, compared to analysts’ expectations of $33.88 million.

Several equities analysts have recently commented on the company. Zacks Investment Research lowered First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, July 20th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $51.00 price objective on shares of First Defiance Financial Corp. in a report on Wednesday, June 28th. Finally, Sandler O’Neill upgraded First Defiance Financial Corp. from a “hold” rating to a “buy” rating and set a $58.00 price objective on the stock in a report on Wednesday, July 19th.

In other First Defiance Financial Corp. news, insider Gregory R. Allen sold 2,167 shares of the company’s stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $54.23, for a total transaction of $117,516.41. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.40% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of the company. Legal & General Group Plc increased its stake in shares of First Defiance Financial Corp. by 1.0% in the first quarter. Legal & General Group Plc now owns 2,400 shares of the savings and loans company’s stock valued at $119,000 after buying an additional 23 shares during the period. Acadian Asset Management LLC increased its stake in shares of First Defiance Financial Corp. by 3.7% in the second quarter. Acadian Asset Management LLC now owns 5,657 shares of the savings and loans company’s stock valued at $298,000 after buying an additional 201 shares during the period. Aperio Group LLC increased its stake in shares of First Defiance Financial Corp. by 4.9% in the second quarter. Aperio Group LLC now owns 6,328 shares of the savings and loans company’s stock valued at $333,000 after buying an additional 294 shares during the period. American International Group Inc. increased its stake in shares of First Defiance Financial Corp. by 7.0% in the first quarter. American International Group Inc. now owns 5,415 shares of the savings and loans company’s stock valued at $268,000 after buying an additional 352 shares during the period. Finally, TIAA CREF Investment Management LLC increased its stake in shares of First Defiance Financial Corp. by 1.4% in the first quarter. TIAA CREF Investment Management LLC now owns 31,519 shares of the savings and loans company’s stock valued at $1,561,000 after buying an additional 431 shares during the period. Institutional investors own 62.97% of the company’s stock.

First Defiance Financial Corp. (NASDAQ FDEF) traded down 0.31% during mid-day trading on Friday, reaching $51.42. The company’s stock had a trading volume of 24,316 shares. The firm’s 50 day moving average price is $53.00 and its 200 day moving average price is $51.34. The stock has a market cap of $521.86 million, a price-to-earnings ratio of 17.37 and a beta of 0.90. First Defiance Financial Corp. has a 12-month low of $36.91 and a 12-month high of $56.90.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Shareholders of record on Friday, August 18th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $1.00 annualized dividend and a yield of 1.94%. First Defiance Financial Corp.’s dividend payout ratio (DPR) is 33.90%.

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First Defiance Financial Corp. Company Profile

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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