DNB Financial Corp (DNBF) Given $38.00 Average Price Target by Analysts

Shares of DNB Financial Corp (NASDAQ:DNBF) have earned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Analysts have set a twelve-month consensus price objective of $38.00 for the company and are forecasting that the company will post $0.62 earnings per share for the current quarter, according to Zacks. Zacks has also assigned DNB Financial an industry rank of 14 out of 265 based on the ratings given to related companies.

Several research analysts recently commented on the company. ValuEngine downgraded DNB Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Zacks Investment Research raised DNB Financial from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a research note on Tuesday, December 19th.

In related news, Director Mildred C. Joyner sold 3,750 shares of the stock in a transaction on Friday, January 5th. The stock was sold at an average price of $33.31, for a total value of $124,912.50. Following the completion of the transaction, the director now directly owns 18,791 shares of the company’s stock, valued at approximately $625,928.21. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 18.42% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. acquired a new stake in shares of DNB Financial in the 2nd quarter worth $101,000. New York State Common Retirement Fund acquired a new stake in shares of DNB Financial in the 2nd quarter worth $113,000. SG Americas Securities LLC acquired a new stake in shares of DNB Financial in the 3rd quarter worth $182,000. Teachers Advisors LLC acquired a new stake in shares of DNB Financial in the 2nd quarter worth $186,000. Finally, California State Teachers Retirement System acquired a new stake in shares of DNB Financial in the 2nd quarter worth $189,000. 30.52% of the stock is owned by institutional investors and hedge funds.

DNB Financial (NASDAQ:DNBF) opened at $33.20 on Friday. DNB Financial has a 52 week low of $30.00 and a 52 week high of $35.85. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $146.85, a price-to-earnings ratio of 17.95 and a beta of 0.26.

DNB Financial (NASDAQ:DNBF) last posted its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $0.62 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.09. DNB Financial had a return on equity of 8.86% and a net margin of 16.42%. The firm had revenue of $10.90 million during the quarter, compared to the consensus estimate of $10.40 million. equities analysts predict that DNB Financial will post 2.75 earnings per share for the current year.

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About DNB Financial

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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