Zacks: DNB Financial Corp (DNBF) Receives Consensus Recommendation of “Hold” from Analysts
Shares of DNB Financial Corp (NASDAQ:DNBF) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. DNB Financial Corp’s rating score has declined by 200% in the last three months as a result of various analysts’ ratings changes.
Brokerages have set a 12 month consensus price target of $37.00 for the company and are forecasting that the company will post $0.52 earnings per share for the current quarter, according to Zacks. Zacks has also assigned DNB Financial Corp an industry rank of 112 out of 265 based on the ratings given to related companies.
Several research firms have commented on DNBF. ValuEngine raised DNB Financial Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, June 6th. Zacks Investment Research downgraded DNB Financial Corp from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Finally, FIG Partners downgraded DNB Financial Corp from an “outperform” rating to a “market perform” rating and upped their price objective for the company from $35.00 to $37.00 in a research note on Tuesday, July 25th.
An institutional investor recently bought a new position in DNB Financial Corp stock. Bank of New York Mellon Corp bought a new stake in DNB Financial Corp (NASDAQ:DNBF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,171 shares of the financial services provider’s stock, valued at approximately $349,000. Bank of New York Mellon Corp owned 0.24% of DNB Financial Corp at the end of the most recent quarter. 25.55% of the stock is owned by institutional investors.
Shares of DNB Financial Corp (NASDAQ:DNBF) traded up 2.72% during mid-day trading on Friday, reaching $32.05. The company’s stock had a trading volume of 1,530 shares. The company has a market capitalization of $136.44 million, a price-to-earnings ratio of 17.90 and a beta of 0.37. The company’s 50 day moving average price is $34.94 and its 200-day moving average price is $33.55. DNB Financial Corp has a 1-year low of $25.00 and a 1-year high of $35.85.
DNB Financial Corp (NASDAQ:DNBF) last posted its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.42 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $0.16. The company had revenue of $10.58 million for the quarter, compared to analysts’ expectations of $10.40 million. DNB Financial Corp had a net margin of 16.38% and a return on equity of 8.34%. Analysts predict that DNB Financial Corp will post $2.15 earnings per share for the current fiscal year.
DNB Financial Corp Company Profile
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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