First Defiance Financial (NASDAQ:FDEF) Announces Earnings Results, Beats Expectations By $0.08 EPS

First Defiance Financial (NASDAQ:FDEF) released its quarterly earnings results on Monday. The savings and loans company reported $0.68 EPS for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.08, Yahoo Finance reports. The business had revenue of $40.73 million for the quarter, compared to analyst estimates of $40.15 million. First Defiance Financial had a return on equity of 11.64% and a net margin of 27.02%.

Shares of FDEF opened at $29.58 on Tuesday. The firm has a market capitalization of $575.47 million, a price-to-earnings ratio of 13.26 and a beta of 0.99. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.00 and a current ratio of 1.01. The business’s fifty day moving average price is $28.20 and its two-hundred day moving average price is $28.17. First Defiance Financial has a 52 week low of $22.78 and a 52 week high of $31.30.

In other First Defiance Financial news, CEO Donald P. Hileman sold 1,000 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $26.72, for a total value of $26,720.00. Following the transaction, the chief executive officer now directly owns 71,940 shares in the company, valued at approximately $1,922,236.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.36% of the stock is currently owned by company insiders.

A number of equities research analysts recently commented on the company. Sandler O’Neill upgraded First Defiance Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, September 11th. Zacks Investment Research lowered First Defiance Financial from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 2nd. ValuEngine lowered First Defiance Financial from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 2nd. Finally, BidaskClub upgraded First Defiance Financial from a “sell” rating to a “hold” rating in a research report on Saturday. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $33.00.

About First Defiance Financial

First Defiance Financial Corp. operates as a unitary thrift holding company that provides community-based financial services in northwest Ohio, northeast Indiana, and southeastern Michigan. It offers checking accounts, money market accounts, savings accounts, term certificate accounts, demand deposits, and certificates of deposits, as well as certificate of deposit account registry service; and commercial real estate, commercial, consumer finance, 1-4 family residential real estate, construction, and home equity and improvement loans.

See Also: Special Dividends

Earnings History for First Defiance Financial (NASDAQ:FDEF)

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