Peoples Financial Services (PFIS) Expected to Announce Quarterly Earnings on Thursday

Peoples Financial Services (NASDAQ:PFIS) is projected to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Peoples Financial Services to post earnings of $1.16 per share and revenue of $42,750.00 billion for the quarter.

Peoples Financial Services (NASDAQ:PFIS) last announced its quarterly earnings results on Tuesday, November 5th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.56. Peoples Financial Services had a return on equity of 7.73% and a net margin of 3.00%. The business had revenue of $74.01 million for the quarter. On average, analysts expect Peoples Financial Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Peoples Financial Services Price Performance

Shares of NASDAQ PFIS opened at $50.15 on Thursday. Peoples Financial Services has a 1-year low of $36.26 and a 1-year high of $59.70. The firm has a market capitalization of $501.25 million, a PE ratio of 48.69 and a beta of 0.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. The business’s fifty day moving average price is $52.65 and its two-hundred day moving average price is $48.51.

Peoples Financial Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a $0.618 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.47 annualized dividend and a yield of 4.93%. Peoples Financial Services’s dividend payout ratio is presently 239.81%.

Analyst Upgrades and Downgrades

PFIS has been the topic of several analyst reports. Hovde Group raised their price target on shares of Peoples Financial Services from $48.00 to $53.00 and gave the company a “market perform” rating in a research note on Monday, November 11th. Stephens upgraded Peoples Financial Services from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 9th. Finally, StockNews.com upgraded Peoples Financial Services from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th.

Peoples Financial Services Company Profile

Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, negotiable order of withdrawal, savings, individual retirement, demand deposit, and certificates of deposit accounts.