Wall Street analysts predict that First Defiance Financial (NASDAQ:FDEF) will report $35.05 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for First Defiance Financial’s earnings, with the highest sales estimate coming in at $35.10 million and the lowest estimate coming in at $35.00 million. First Defiance Financial reported sales of $28.83 million in the same quarter last year, which indicates a positive year-over-year growth rate of 21.6%. The business is expected to report its next quarterly earnings report on Monday, January 22nd.

According to Zacks, analysts expect that First Defiance Financial will report full-year sales of $35.05 million for the current fiscal year, with estimates ranging from $136.00 million to $138.00 million. For the next year, analysts forecast that the company will report sales of $143.90 million per share. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for First Defiance Financial.

First Defiance Financial (NASDAQ:FDEF) last announced its quarterly earnings data on Monday, October 16th. The savings and loans company reported $0.92 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.05. First Defiance Financial had a return on equity of 9.51% and a net margin of 21.47%. The business had revenue of $34.50 million during the quarter, compared to the consensus estimate of $34.85 million.

FDEF has been the subject of a number of analyst reports. ValuEngine downgraded First Defiance Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research raised First Defiance Financial from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Wednesday, October 18th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $54.00 price objective on shares of First Defiance Financial in a research report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. First Defiance Financial currently has an average rating of “Hold” and a consensus price target of $57.67.

In related news, Director Stephen L. Boomer sold 755 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $53.22, for a total transaction of $40,181.10. Following the completion of the sale, the director now owns 12,809 shares in the company, valued at $681,694.98. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert E. Beach sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $55.67, for a total value of $222,680.00. Following the sale, the director now owns 49,692 shares of the company’s stock, valued at approximately $2,766,353.64. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,074 shares of company stock valued at $441,589. 3.40% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its stake in First Defiance Financial by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 787,837 shares of the savings and loans company’s stock valued at $41,354,000 after buying an additional 7,303 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in First Defiance Financial by 2.7% in the second quarter. The Manufacturers Life Insurance Company now owns 425,337 shares of the savings and loans company’s stock valued at $22,406,000 after buying an additional 11,000 shares during the last quarter. Vanguard Group Inc. lifted its stake in First Defiance Financial by 14.4% in the second quarter. Vanguard Group Inc. now owns 403,802 shares of the savings and loans company’s stock valued at $21,272,000 after buying an additional 50,760 shares during the last quarter. LSV Asset Management lifted its stake in First Defiance Financial by 6.9% in the second quarter. LSV Asset Management now owns 239,647 shares of the savings and loans company’s stock valued at $12,624,000 after buying an additional 15,566 shares during the last quarter. Finally, State Street Corp lifted its stake in First Defiance Financial by 14.2% in the second quarter. State Street Corp now owns 177,102 shares of the savings and loans company’s stock valued at $9,332,000 after buying an additional 22,079 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

First Defiance Financial (NASDAQ:FDEF) opened at $54.25 on Wednesday. First Defiance Financial has a 52-week low of $46.27 and a 52-week high of $56.91. The company has a market capitalization of $550.95, a PE ratio of 16.10 and a beta of 0.92. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.00 and a current ratio of 1.01.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 17th. Investors of record on Friday, November 10th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.84%. The ex-dividend date was Thursday, November 9th. First Defiance Financial’s payout ratio is 32.36%.

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About First Defiance Financial

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 (NASDAQ:FDEF)

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