First Defiance Financial Corp. (NASDAQ:FDEF) has earned a consensus broker rating score of 2.33 (Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. First Defiance Financial Corp.’s rating score has improved by 6.8% in the last three months as a result of a number of analysts’ ratings changes.

Brokers have set a 12-month consensus price objective of $57.50 for the company and are predicting that the company will post $0.89 EPS for the current quarter, according to Zacks. Zacks has also given First Defiance Financial Corp. an industry rank of 96 out of 265 based on the ratings given to its competitors.

Several brokerages have recently weighed in on FDEF. Sandler O’Neill raised shares of First Defiance Financial Corp. from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a research report on Wednesday, July 19th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $54.00 price target on shares of First Defiance Financial Corp. in a research report on Thursday, October 19th. BidaskClub cut shares of First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research cut shares of First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, July 20th. Finally, ValuEngine cut shares of First Defiance Financial Corp. from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.

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First Defiance Financial Corp. (NASDAQ:FDEF) traded down $0.97 during trading on Friday, reaching $53.94. The company’s stock had a trading volume of 23,237 shares, compared to its average volume of 27,712. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $547.45, a P/E ratio of 16.34 and a beta of 0.94. First Defiance Financial Corp. has a 12 month low of $36.91 and a 12 month high of $56.91.

First Defiance Financial Corp. (NASDAQ:FDEF) last announced its quarterly earnings results on Monday, October 16th. The savings and loans company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.05. The firm had revenue of $34.50 million for the quarter, compared to analysts’ expectations of $34.85 million. First Defiance Financial Corp. had a net margin of 21.47% and a return on equity of 9.74%. equities analysts anticipate that First Defiance Financial Corp. will post 3.45 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Friday, November 10th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $1.00 dividend on an annualized basis and a yield of 1.85%. First Defiance Financial Corp.’s payout ratio is currently 32.36%.

A number of hedge funds and other institutional investors have recently bought and sold shares of FDEF. Bank of New York Mellon Corp lifted its position in First Defiance Financial Corp. by 4.6% in the first quarter. Bank of New York Mellon Corp now owns 60,967 shares of the savings and loans company’s stock valued at $3,018,000 after buying an additional 2,671 shares during the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of First Defiance Financial Corp. by 3.8% during the first quarter. Parametric Portfolio Associates LLC now owns 12,287 shares of the savings and loans company’s stock worth $608,000 after purchasing an additional 453 shares in the last quarter. American International Group Inc. lifted its position in shares of First Defiance Financial Corp. by 7.0% during the first quarter. American International Group Inc. now owns 5,415 shares of the savings and loans company’s stock worth $268,000 after purchasing an additional 352 shares in the last quarter. Teachers Advisors LLC lifted its position in shares of First Defiance Financial Corp. by 3.7% during the first quarter. Teachers Advisors LLC now owns 14,191 shares of the savings and loans company’s stock worth $703,000 after purchasing an additional 503 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its position in shares of First Defiance Financial Corp. by 1.4% during the first quarter. TIAA CREF Investment Management LLC now owns 31,519 shares of the savings and loans company’s stock worth $1,561,000 after purchasing an additional 431 shares in the last quarter. 63.33% of the stock is currently owned by institutional investors.

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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