Premier Financial (NASDAQ:PFC – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02, Zacks reports. Premier Financial had a return on equity of 9.76% and a net margin of 24.39%. The company had revenue of $108.84 million during the quarter, compared to the consensus estimate of $63.93 million. During the same period in the previous year, the business earned $0.63 EPS.
Premier Financial Trading Down 3.6 %
PFC traded down $0.75 during midday trading on Wednesday, hitting $19.84. The company’s stock had a trading volume of 26,724 shares, compared to its average volume of 135,388. The firm has a 50-day moving average price of $19.74 and a two-hundred day moving average price of $20.40. Premier Financial has a 52-week low of $13.60 and a 52-week high of $24.87. The firm has a market cap of $710.27 million, a P/E ratio of 6.52 and a beta of 1.27. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.37.
Insider Buying and Selling at Premier Financial
In related news, Director Donald P. Hileman sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $20.07, for a total transaction of $30,105.00. Following the sale, the director now directly owns 31,311 shares of the company’s stock, valued at approximately $628,411.77. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.22% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Premier Financial
Premier Financial Company Profile
Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans.
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