TFS Financial (NASDAQ:TFSL) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

TFS Financial Corporation (NASDAQ:TFSL) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.86 and traded as high as $14.10. TFS Financial shares last traded at $14.05, with a volume of 872,363 shares.

Wall Street Analyst Weigh In

TFSL has been the subject of several analyst reports. Wall Street Zen lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Piper Sandler assumed coverage on shares of TFS Financial in a research report on Friday, January 16th. They set a “neutral” rating and a $15.00 price objective for the company. Zacks Research raised shares of TFS Financial to a “hold” rating in a research note on Monday, January 19th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of TFS Financial in a report on Friday. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, TFS Financial has a consensus rating of “Hold” and a consensus target price of $15.00.

TFS Financial Stock Performance

The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 43.91 and a beta of 0.72. The company has a 50 day simple moving average of $14.22 and a 200-day simple moving average of $13.86. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 2.60.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). The company had revenue of $83.73 million for the quarter, compared to analyst estimates of $84.97 million. TFS Financial had a return on equity of 4.79% and a net margin of 11.29%. As a group, equities research analysts expect that TFS Financial Corporation will post 0.29 EPS for the current fiscal year.

TFS Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 11th were issued a $0.2825 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $1.13 annualized dividend and a yield of 8.0%. TFS Financial’s dividend payout ratio is presently 353.13%.

Insider Transactions at TFS Financial

In other TFS Financial news, Director Anthony J. Asher bought 5,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were bought at an average price of $13.37 per share, for a total transaction of $66,850.00. Following the acquisition, the director directly owned 49,314 shares of the company’s stock, valued at approximately $659,328.18. The trade was a 11.28% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gavin B. Stefanski sold 7,000 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $14.97, for a total transaction of $104,790.00. Following the completion of the transaction, the insider directly owned 25,766 shares in the company, valued at approximately $385,717.02. The trade was a 21.36% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 78,000 shares of company stock valued at $1,164,986. Company insiders own 0.72% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Quent Capital LLC purchased a new position in TFS Financial during the third quarter worth about $27,000. Empowered Funds LLC bought a new stake in TFS Financial in the 4th quarter worth about $28,000. Comerica Bank increased its stake in TFS Financial by 263.8% in the 4th quarter. Comerica Bank now owns 2,445 shares of the bank’s stock valued at $33,000 after buying an additional 1,773 shares during the last quarter. Danske Bank A S purchased a new stake in TFS Financial in the 3rd quarter valued at about $47,000. Finally, Elevation Wealth Partners LLC purchased a new stake in TFS Financial in the 4th quarter valued at about $49,000. Hedge funds and other institutional investors own 9.81% of the company’s stock.

About TFS Financial

TFS Financial Corporation is a bank holding company for TFS Capital Bank, headquartered in Austin, Texas. The company offers commercial banking and specialty finance solutions designed to meet the unique needs of small and mid-sized businesses. Through its bank charter, TFS Financial provides a full suite of deposit products alongside a range of lending options tailored to growing enterprises.

The bank’s lending portfolio includes equipment financing, working capital lines of credit, and term loans structured to support capital expenditures and operational needs.