Premier Financial (NASDAQ:PFC) issued its quarterly earnings data on Monday. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.10, MarketWatch Earnings reports. Premier Financial had a return on equity of 9.61% and a net margin of 15.58%.
Shares of NASDAQ PFC traded down $1.68 during midday trading on Wednesday, hitting $24.77. The company’s stock had a trading volume of 240,587 shares, compared to its average volume of 128,209. The business’s 50 day moving average is $24.10 and its two-hundred day moving average is $21.15. The firm has a market cap of $923.75 million, a P/E ratio of 17.82 and a beta of 1.47. Premier Financial has a 12-month low of $10.98 and a 12-month high of $31.51. The company has a current ratio of 0.99, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12.
Several equities research analysts have recently weighed in on the company. Piper Sandler reiterated an “overweight” rating and issued a $25.50 price target (down from $26.50) on shares of Premier Financial in a report on Monday, December 28th. TheStreet upgraded Premier Financial from a “c+” rating to a “b-” rating in a report on Thursday, November 5th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $23.38.
About Premier Financial
Premier Financial Corp. operates as the holding company for Premier Bank and First Insurance Group that provides community banking and financial services. It offers checking accounts, savings accounts, and retirement accounts; mortgages, home equity loans, and auto and vehicle loans; debit cards; trustee services; and various insurance products, such as auto/vehicle, health, homeowners, and life insurance, as well as property, liability, business vehicle, cybersecurity, risk management, and employee group plans.
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