Shares of BankFinancial (NASDAQ:BFIN) have been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Analysts have set a 1 year consensus price target of $17.75 for the company and are forecasting that the company will post $0.19 EPS for the current quarter, according to Zacks. Zacks has also given BankFinancial an industry rank of 109 out of 265 based on the ratings given to related companies.
Several research analysts recently commented on the company. Zacks Investment Research cut BankFinancial from a “buy” rating to a “hold” rating in a research report on Tuesday, April 3rd. BidaskClub cut BankFinancial from a “buy” rating to a “hold” rating in a research report on Friday, April 6th. Finally, ValuEngine raised BankFinancial from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st.
Shares of BFIN traded up $0.06 during mid-day trading on Friday, hitting $17.02. The company’s stock had a trading volume of 22,915 shares, compared to its average volume of 30,527. The stock has a market capitalization of $304.13, a price-to-earnings ratio of 27.02, a P/E/G ratio of 2.45 and a beta of 0.41. BankFinancial has a one year low of $13.97 and a one year high of $17.25. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.31.
BankFinancial (NASDAQ:BFIN) last issued its earnings results on Monday, January 29th. The bank reported $0.20 EPS for the quarter, topping the consensus estimate of $0.17 by $0.03. The firm had revenue of $14.94 million during the quarter, compared to analysts’ expectations of $14.80 million. BankFinancial had a return on equity of 5.76% and a net margin of 14.39%. equities analysts predict that BankFinancial will post 0.87 EPS for the current year.
BankFinancial declared that its Board of Directors has approved a stock repurchase program on Wednesday, March 28th that permits the company to repurchase 500,000 shares. This repurchase authorization permits the bank to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.
In related news, EVP James J. Brennan sold 5,000 shares of the firm’s stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $16.54, for a total value of $82,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Terry R. Wells sold 6,000 shares of BankFinancial stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of $16.49, for a total value of $98,940.00. Following the transaction, the director now directly owns 62,184 shares of the company’s stock, valued at $1,025,414.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,528 shares of company stock valued at $543,086. 15.45% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new position in shares of BankFinancial during the third quarter valued at $181,000. Beese Fulmer Investment Management Inc. bought a new position in shares of BankFinancial during the fourth quarter valued at $177,000. Nationwide Fund Advisors lifted its holdings in shares of BankFinancial by 33.6% during the third quarter. Nationwide Fund Advisors now owns 16,716 shares of the bank’s stock valued at $266,000 after acquiring an additional 4,200 shares during the period. Stone Ridge Asset Management LLC bought a new position in shares of BankFinancial during the fourth quarter valued at $276,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of BankFinancial by 61.3% during the third quarter. Wells Fargo & Company MN now owns 18,732 shares of the bank’s stock valued at $297,000 after acquiring an additional 7,118 shares during the period. 61.64% of the stock is owned by institutional investors.
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BankFinancial Company Profile
BankFinancial Corporation operates as the holding company for BankFinancial, National Association that provides commercial, family, and personal banking products and services in Illinois. The company accepts various deposit products, such as savings, NOW, checking, money market, IRA, and other retirement accounts, as well as certificates of deposit.
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