NYSE:PFS Provident Financial Services (PFS) Stock Price, News & Analysis → [Webinar] A Deep Dive into Options Volatility: Skew & Relative Value (From OIC) (Ad) Free PFS Stock Alerts $15.80 -0.19 (-1.19%) (As of 11:16 AM ET) Add Compare Share Share Today's Range$15.70▼$16.0650-Day Range$13.50▼$15.9952-Week Range$13.21▼$19.62Volume95,819 shsAverage Volume696,405 shsMarket Capitalization$1.20 billionP/E Ratio9.88Dividend Yield6.08%Price Target$19.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Provident Financial Services alerts: Email Address Provident Financial Services MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside20.5% Upside$19.00 Price TargetShort InterestBearish6.82% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.30Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth34.36%From $1.63 to $2.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.63 out of 5 starsFinance Sector277th out of 868 stocksFederal Savings Institutions Industry8th out of 33 stocks 2.4 Analyst's Opinion Consensus RatingProvident Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageProvident Financial Services has only been the subject of 3 research reports in the past 90 days.Read more about Provident Financial Services' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.82% of the float of Provident Financial Services has been sold short.Short Interest Ratio / Days to CoverProvident Financial Services has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in Provident Financial Services has recently increased by 10.80%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipProvident Financial Services is a leading dividend payer. It pays a dividend yield of 6.17%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthProvident Financial Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Provident Financial Services is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Provident Financial Services will have a dividend payout ratio of 43.84% next year. This indicates that Provident Financial Services will be able to sustain or increase its dividend.Read more about Provident Financial Services' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFS. Previous Next 2.4 News and Social Media Coverage News SentimentProvident Financial Services has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Provident Financial Services this week, compared to 2 articles on an average week.Search Interest4 people have searched for PFS on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows11 people have added Provident Financial Services to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Provident Financial Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.44% of the stock of Provident Financial Services is held by insiders.Percentage Held by Institutions71.97% of the stock of Provident Financial Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Provident Financial Services' insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Provident Financial Services are expected to grow by 34.36% in the coming year, from $1.63 to $2.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Provident Financial Services is 9.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Provident Financial Services is 9.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.08.Price to Book Value per Share RatioProvident Financial Services has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Provident Financial Services' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Provident Financial Services Stock (NYSE:PFS)Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States. Its deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products. The company's loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, retail and industrial properties, and office buildings; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, personal loans and unsecured lines of credit, and auto and recreational vehicle loans. It also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards. In addition, the company provides wealth management services comprising investment management, trust and estate administration, financial planning, and tax compliance and planning. Further, it sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure. The company was founded in 1839 and is headquartered in Jersey City, New Jersey.Read More PFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFS Stock News HeadlinesMay 9, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Pricing and Upsizing of Subordinated Notes OfferingMay 9, 2024 | globenewswire.comProvident Financial Services, Inc. Announces Launch of Subordinated Notes OfferingMay 10, 2024 | OIC (Ad)[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueJoin us for an exploration of essential volatility concepts in our "Volatility Fundamentals II: Skew & Relative Value" session. OIC® instructor Ken Keating will guide you through important topics that options investors should understand. April 23, 2024 | globenewswire.comCORRECTION: Provident Bank Donates Original Bookkeeping Ledgers Dating Back to 1839 to the Jersey City Free Public LibraryApril 22, 2024 | finance.yahoo.comProvident Financial Services, Inc. (NYSE:PFS) Q1 2024 Earnings Call TranscriptApril 20, 2024 | gurufocus.comProvident Financial Services Inc (PFS) (Q1 2024) Earnings Call Transcript Highlights: Key ...April 19, 2024 | markets.businessinsider.comProvident Financial Services (PFS) Gets a Hold from KBWApril 19, 2024 | finance.yahoo.comIt's Unlikely That The CEO Of Provident Financial Services, Inc. (NYSE:PFS) Will See A Huge Pay Rise This YearMay 10, 2024 | OIC (Ad)[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueJoin us for an exploration of essential volatility concepts in our "Volatility Fundamentals II: Skew & Relative Value" session. OIC® instructor Ken Keating will guide you through important topics that options investors should understand. April 18, 2024 | globenewswire.comProvident Financial Services, Inc. Announces First Quarter Earnings and Declares Quarterly Cash DividendApril 11, 2024 | globenewswire.comProvident Financial Services, Inc. Receives Federal Reserve Board Approval for its Merger with Lakeland Bancorp, Inc.April 11, 2024 | globenewswire.comProvident Financial Services, Inc. Schedules First Quarter Earnings Conference CallApril 9, 2024 | markets.businessinsider.comUnveiling 4 Analyst Insights On Provident Finl ServsApril 4, 2024 | finance.yahoo.comProvident Financial Services, I (PFS) Stock ForecastsMarch 25, 2024 | businesswire.comKBRA Assigns Ratings to Provident Financial Services, Inc.March 25, 2024 | globenewswire.comProvident Financial Services, Inc. Receives FDIC and New Jersey Department of Banking and Insurance Approvals for its Merger with Lakeland Bancorp, Inc.March 20, 2024 | msn.comYork-based finance expert Asif aims to support growthMarch 18, 2024 | finance.yahoo.comInsider Sell: President Peter Schneider Sells Shares of Primerica Inc (PRI)March 16, 2024 | finance.yahoo.comPFS Oct 2024 12.500 callMarch 15, 2024 | msn.comGoCardless to acquire NuapayMarch 14, 2024 | msn.comThe most affordable part of Oregon to live in, based on dataMarch 13, 2024 | msn.comRhode Island nursing home downsizes amid financial crisis, leaves families in distressMarch 11, 2024 | msn.comPiper Sandler sees smaller banks' wealth management units set to prosperMarch 4, 2024 | finance.yahoo.comProvident Financial Services Full Year 2023 Earnings: EPS Misses ExpectationsFebruary 27, 2024 | money.usnews.comProvident Financial Services IncFebruary 22, 2024 | msn.comHow To Seamlessly Transfer Your Provident Fund Between CompaniesJanuary 31, 2024 | msn.comAlmost half of patients unaware of Government’s flagship ‘Pharmacy First’ schemeSee More Headlines Receive PFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Provident Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/19/2024Ex-Dividend for 5/31 Dividend4/26/2024Ex-Dividend for 5/31 Dividend4/26/2024Today5/10/2024Dividend Payable5/31/2024Dividend Payable5/31/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Federal savings institutions Sub-IndustryThrifts & Mortgage Finance Current SymbolNYSE:PFS CUSIP74386T10 CIK1178970 Webwww.provident.bank Phone(732) 590-9200Fax201-915-5480Employees1,142Year Founded1839Price Target and Rating Average Stock Price Target$19.00 High Stock Price Target$20.00 Low Stock Price Target$17.00 Potential Upside/Downside+18.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.60 Trailing P/E Ratio9.99 Forward P/E Ratio9.81 P/E GrowthN/ANet Income$128.40 million Net Margins16.78% Pretax Margin22.92% Return on Equity7.31% Return on Assets0.86% Debt Debt-to-Equity Ratio1.25 Current Ratio1.08 Quick Ratio1.08 Sales & Book Value Annual Sales$695.65 million Price / Sales1.75 Cash Flow$1.92 per share Price / Cash Flow8.32 Book Value$22.36 per share Price / Book0.72Miscellaneous Outstanding Shares75,980,000Free Float72,610,000Market Cap$1.21 billion OptionableOptionable Beta1.04 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Christopher P. Martin (Age 68)Executive Chairman Mr. Anthony J. Labozzetta (Age 60)President, CEO & Director Comp: $1.25MMr. Thomas M. Lyons CPA (Age 60)Senior EVP & CFO Comp: $818.69kMr. John F. Kuntz Esq. (Age 69)Senior Executive Vice President Comp: $806.96kMr. George Lista (Age 64)CEO & President Provident Protection Plus, Inc. Comp: $816.92kMs. Valerie O. Murray CFP (Age 49)Executive VP & Chief Wealth Management Officer of Provident Bank Comp: $797.53kMr. Adriano M. Duarte CPA (Age 52)Executive VP, Chief Accounting Officer & Investor Relations Officer Mr. Bennett Allen MacDougall (Age 54)Executive VP, General Counsel & Corporate Secretary Ms. Sheila LearySenior VP & BSA/AML Compliance Director of Provident BankMr. Brian Giovinazzi (Age 70)Executive VP & Chief Credit Officer of the Provident Bank Comp: $856.29kMore ExecutivesKey CompetitorsBrookline BancorpNASDAQ:BRKLCapitol Federal FinancialNASDAQ:CFFNNorthfield Bancorp, Inc. (Staten Island, NY)NASDAQ:NFBKKearny FinancialNASDAQ:KRNYTFS FinancialNASDAQ:TFSLView All CompetitorsInsiders & InstitutionsState Board of Administration of Florida Retirement SystemBought 56,410 shares on 5/9/2024Ownership: 0.102%Midwest Professional Planners LTD.Bought 15,509 shares on 5/9/2024Ownership: 0.020%ProShare Advisors LLCBought 1,020 shares on 5/8/2024Ownership: 0.020%Empowered Funds LLCSold 15,464 shares on 5/7/2024Ownership: 0.237%Illinois Municipal Retirement FundBought 1,637 shares on 5/7/2024Ownership: 0.058%View All Insider TransactionsView All Institutional Transactions PFS Stock Analysis - Frequently Asked Questions Should I buy or sell Provident Financial Services stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Provident Financial Services in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PFS shares. View PFS analyst ratings or view top-rated stocks. What is Provident Financial Services' stock price target for 2024? 4 Wall Street analysts have issued 1-year price targets for Provident Financial Services' stock. Their PFS share price targets range from $17.00 to $20.00. On average, they predict the company's stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price. View analysts price targets for PFS or view top-rated stocks among Wall Street analysts. How have PFS shares performed in 2024? Provident Financial Services' stock was trading at $18.03 at the beginning of the year. Since then, PFS shares have decreased by 12.5% and is now trading at $15.77. View the best growth stocks for 2024 here. Are investors shorting Provident Financial Services? Provident Financial Services saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 4,790,000 shares, an increase of 26.4% from the March 15th total of 3,790,000 shares. Based on an average daily volume of 664,000 shares, the short-interest ratio is presently 7.2 days. Currently, 7.0% of the company's shares are short sold. View Provident Financial Services' Short Interest. When is Provident Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our PFS earnings forecast. How were Provident Financial Services' earnings last quarter? Provident Financial Services, Inc. (NYSE:PFS) released its quarterly earnings results on Friday, April, 19th. The savings and loans company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.03. The savings and loans company had revenue of $114.48 million for the quarter, compared to the consensus estimate of $114.50 million. Provident Financial Services had a trailing twelve-month return on equity of 7.31% and a net margin of 16.78%. The firm's revenue for the quarter was down 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.54 EPS. How often does Provident Financial Services pay dividends? What is the dividend yield for Provident Financial Services? Provident Financial Services announced a quarterly dividend on Thursday, April 18th. Shareholders of record on Monday, April 29th will be given a dividend of $0.24 per share on Friday, May 31st. This represents a $0.96 dividend on an annualized basis and a yield of 6.09%. The ex-dividend date of this dividend is Friday, April 26th. Read our dividend analysis for PFS. Is Provident Financial Services a good dividend stock? Provident Financial Services (NYSE:PFS) pays an annual dividend of $0.96 per share and currently has a dividend yield of 6.17%. PFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFS will have a dividend payout ratio of 43.84% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PFS. What ETFs hold Provident Financial Services' stock? ETFs with the largest weight of Provident Financial Services (NYSE:PFS) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust Small Cap Value AlphaDEX Fund (FYT), Fidelity Enhanced Small Cap ETF (FESM), IQ Chaikin U.S. Small Cap ETF (CSML) and WBI Power Factor High Dividend ETF (WBIY).First Trust Merger Arbitrage ETF (MARB). What other stocks do shareholders of Provident Financial Services own? Based on aggregate information from My MarketBeat watchlists, some companies that other Provident Financial Services investors own include Bristol-Myers Squibb (BMY), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Enterprise Products Partners (EPD), United Parcel Service (UPS), Verizon Communications (VZ), Geron (GERN), Immunomedics (IMMU) and Bank of America (BAC). Who are Provident Financial Services' major shareholders? Provident Financial Services' stock is owned by a number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.52%), Empowered Funds LLC (0.24%), Sei Investments Co. (0.23%), State Board of Administration of Florida Retirement System (0.10%), Texas Permanent School Fund Corp (0.09%) and Illinois Municipal Retirement Fund (0.06%). Insiders that own company stock include Anthony J Labozzetta, Christopher P Martin, Edward J Leppert, Frank L Fekete, George Lista, James A Christy, James P Dunigan, John Pugliese, Matthew K Harding, Robert Mcnerney, Valerie O Murray, Vito Giannola and Walter Sierotko. View institutional ownership trends. How do I buy shares of Provident Financial Services? Shares of PFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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