Provident Financial Services, Inc (NYSE:PFS) Updates On Dividend Release Date


On 2016-07-29, Provident Financial Services, Inc (NYSE:PFS) confirmed the dividend disbursement of $0.18 a share to shareholders as on record 2016-08-15. The firm will release dividend on 2016-08-31 while ex-dividend date is reported to be 2016-08-11.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Provident Financial Services, Inc (NYSE:PFS) paid a total of $0.18 per share in dividends. This figure stood at $0.18 a share in the same period a year ago indicating a deviation of 8.3333%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $21 on the stock. This figure is the average of recommendations offered by 1 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $21 and $21, respectively.

Taking the mathematical rating formula, the price for Provident Financial Services, Inc (NYSE:PFS) stands at 3. Earnings Review Provident Financial Services, Inc (NYSE:PFS) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-04. For the period ending on 2016-09-30, experts are expecting EPS of $0.34.

Coming to the quarter ending on 2015-12-31, Provident Financial Services, Inc (NYSE:PFS) recorded EPS of $0.34. The reported numbers came lower than the analysts’ estimates of $0.33, demonstrating a miss of $0.01 as against reported figures.

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