Community Financial (NASDAQ:TCFC) Now Covered by StockNews.com

Research analysts at StockNews.com began coverage on shares of Community Financial (NASDAQ:TCFC – Get Rating) in a report released on Friday. The firm set a “buy” rating on the financial services provider’s stock.

A number of other research firms have also issued reports on TCFC. Piper Sandler reaffirmed an “overweight” rating and issued a $53.00 target price on shares of Community Financial in a report on Monday, December 5th. Keefe, Bruyette & Woods reduced their price objective on Community Financial from $45.00 to $42.00 and set a “market perform” rating for the company in a research report on Friday, March 3rd.

Community Financial Stock Performance

TCFC opened at $37.56 on Friday. The firm has a market capitalization of $212.59 million, a P/E ratio of 7.51 and a beta of 0.79. The stock’s 50 day moving average price is $40.01 and its two-hundred day moving average price is $38.45. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.10. Community Financial has a 12-month low of $33.00 and a 12-month high of $41.93.

Community Financial (NASDAQ:TCFC – Get Rating) last released its earnings results on Tuesday, January 31st. The financial services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. The firm had revenue of $22.72 million for the quarter, compared to analyst estimates of $21.06 million. Community Financial had a return on equity of 15.37% and a net margin of 31.78%. On average, equities analysts forecast that Community Financial will post 5.37 earnings per share for the current year.

Institutional Trading of Community Financial

A number of hedge funds have recently modified their holdings of the company. Private Capital Management LLC lifted its position in shares of Community Financial by 129.9% during the 2nd quarter. Private Capital Management LLC now owns 101,517 shares of the financial services provider’s stock worth $3,744,000 after buying an additional 57,364 shares during the period. Boothbay Fund Management LLC bought a new position in shares of Community Financial during the 4th quarter worth approximately $1,388,000. LSV Asset Management bought a new position in shares of Community Financial during the 1st quarter worth approximately $574,000. Susquehanna International Group LLP bought a new position in shares of Community Financial during the 4th quarter worth approximately $420,000. Finally, BlackRock Inc. lifted its position in shares of Community Financial by 20.3% during the 3rd quarter. BlackRock Inc. now owns 41,518 shares of the financial services provider’s stock worth $1,423,000 after buying an additional 7,014 shares during the period. Institutional investors own 36.18% of the company’s stock.

Community Financial Company Profile

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The Community Financial Corp. operates as a bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses. It offers loans and investments. The firm through its subsidiary, provides demand, savings and time deposits and commercial and residential mortgage, construction and land development, home equity and second mortgages, and commercial equipment loans.