First Defiance Financial (FDEF) Issues Quarterly Earnings Results, Beats Estimates By $0.05 EPS

First Defiance Financial (NASDAQ:FDEF) posted its quarterly earnings results on Monday. The savings and loans company reported $0.94 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.05, reports. First Defiance Financial had a net margin of 21.47% and a return on equity of 9.51%.

First Defiance Financial (NASDAQ:FDEF) traded down $0.77 during midday trading on Monday, reaching $53.79. 26,526 shares of the company’s stock were exchanged, compared to its average volume of 22,621. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.40. The stock has a market cap of $554.10, a P/E ratio of 17.41 and a beta of 0.93. First Defiance Financial has a 1-year low of $46.71 and a 1-year high of $56.91.

In other First Defiance Financial news, insider Gregory R. Allen sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $54.55, for a total transaction of $54,550.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert E. Beach sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $55.67, for a total transaction of $222,680.00. Following the transaction, the director now directly owns 49,692 shares in the company, valued at approximately $2,766,353.64. The disclosure for this sale can be found here. Insiders have sold a total of 9,074 shares of company stock worth $496,139 in the last three months. Insiders own 3.40% of the company’s stock.

Several research analysts recently commented on FDEF shares. ValuEngine raised shares of First Defiance Financial from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research raised shares of First Defiance Financial from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a research note on Wednesday, October 18th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $54.00 price target on shares of First Defiance Financial in a research note on Thursday, October 19th. Finally, BidaskClub downgraded shares of First Defiance Financial from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. First Defiance Financial presently has an average rating of “Hold” and a consensus target price of $59.33.

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First Defiance Financial 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).

Earnings History for First Defiance Financial (NASDAQ:FDEF)

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