PFS Logo

Provident Financial Services Inc (PFS) Stock Forecast & Price Prediction

Live PFS Stock Price & Analysis

Home โ€บ Stocks โ€บ United States | NYSE | Financial Services | Banks - Regional

$18.85

+0.62 (3.40%)

12 Month Price Forecast For PFS

$18.85
Current Price
$2.46B
Market Cap
6 Ratings
Buy 5
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to PFS Price Forecasts

+32.6%
To High Target of $25.00
+24.7%
To Median Target of $23.50
+11.4%
To Low Target of $21.00

PFS Price Momentum

+1.6%
1 Week Change
+0.7%
1 Month Change
+22.2%
1 Year Change
-0.1%
Year-to-Date Change
-15.2%
From 52W High of $22.24
+44.2%
From 52W Low of $13.07

๐Ÿค” Considering Provident Financial (PFS)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 5, 2025 2:45 PM UTC

PFS Analyst Ratings & Price Targets

Based on our analysis of 8 Wall Street analysts, PFS has a consensus that is bullish. The median price target is $23.50, with forecasts ranging from $21.00 to $25.00. Currently, there are 5 Buy ratings, 1 Hold ratings, and 0 Sell ratings.

With PFS currently trading at $18.85, the median price forecast suggests a 24.7% upside. The most optimistic forecast comes from Feddie Strickland at Hovde Group, projecting a 32.6% upside, while Timothy Switzer at Keefe, Bruyette & Woods provides the most conservative target, suggesting a 11.4% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PFS Analyst Consensus

5
Buy
1
Hold
0
Sell

PFS Price Target Range

Low
$21.00
Average
$23.50
High
$25.00
Current: $18.85

Latest PFS Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PFS.

Date Firm Analyst Rating Change Price Target
Jan 30, 2025 RBC Capital Jon Arfstrom Outperform Maintains $23.00
Dec 13, 2024 Hovde Group Feddie Strickland Outperform Initiates $25.00
Nov 15, 2024 DA Davidson Manuel Navas Buy Maintains $27.00
Aug 15, 2024 Keefe, Bruyette & Woods Timothy Switzer Outperform Upgrade $21.00
Jul 29, 2024 Keefe, Bruyette & Woods Timothy Switzer Market Perform Maintains $20.00
Jul 29, 2024 RBC Capital Jon Arfstrom Outperform Maintains $21.00
Jul 9, 2024 RBC Capital Jon Arfstrom Outperform Maintains $18.00
Apr 22, 2024 RBC Capital Steven Duong Outperform Maintains $19.00
Apr 22, 2024 DA Davidson Manuel Navas Buy Upgrade $20.00
Apr 9, 2024 RBC Capital Jon Arfstrom Outperform Maintains $18.00
Mar 28, 2024 DA Davidson Manuel Navas Neutral Maintains $15.00
Mar 26, 2024 RBC Capital Jon Arfstrom Outperform Maintains $19.00
Mar 26, 2024 Keefe, Bruyette & Woods Timothy Switzer Market Perform Maintains $17.00
Oct 30, 2023 RBC Capital Jon Arfstrom Outperform Maintains $18.00
Aug 22, 2023 Piper Sandler Matthew Breese Overweight Upgrade $20.00
Jul 31, 2023 RBC Capital Outperform Maintains $0.00
May 1, 2023 RBC Capital Jon Arfstrom Outperform Maintains $22.00
Apr 6, 2023 Keefe, Bruyette & Woods Michael Perito Market Perform Maintains $25.00
Sep 28, 2022 RBC Capital Jon Arfstrom Outperform Maintains $27.00
Aug 19, 2022 Piper Sandler Matthew Breese Neutral Downgrade $26.00

Stocks Similar to Provident Financial Services Inc

The following stocks are similar to Provident Financial based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Provident Financial Services Inc (PFS) Financial Data

Provident Financial Services Inc has a market capitalization of $2.46B with a P/E ratio of 18.0x. The company generates $526.01M in trailing twelve-month revenue with a 17.9% profit margin.

Revenue growth is +95.4% quarter-over-quarter, while maintaining an operating margin of +48.3% and return on equity of +4.4%.

Valuation Metrics

Market Cap $2.46B
Enterprise Value $4.95B
P/E Ratio 18.0x
PEG Ratio 8.8x
Price/Sales 4.7x

Growth & Margins

Revenue Growth (YoY) +95.4%
Gross Margin N/A
Operating Margin +48.3%
Net Margin +17.9%
EPS Growth +62.6%

Financial Health

Cash/Price Ratio +15.7%
Current Ratio 0.0x
Debt/Equity 1.1x
ROE +4.4%
ROA +0.5%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

Provident Financial Services Inc logo

Provident Financial Services Inc (PFS) Company Overview

About Provident Financial Services Inc

What They Do

Provides banking products and services in the U.S.

Business Model

The company operates as a bank holding company, generating revenue through a diverse range of financial services including deposit accounts, various types of loans, cash management, and wealth management services. It earns interest income from its extensive loan portfolio and service fees from banking and investment products.

Additional Information

Founded in 1839 and headquartered in Jersey City, New Jersey, the company also engages in real estate investment and management, selling insurance and investment products, and offers online and mobile banking services, catering to both individual and business clients.

Company Information

Sector

Financial Services

Industry

Banks - Regional

Employees

1,109

CEO

Mr. Anthony J. Labozzetta

Country

United States

IPO Year

2003

Provident Financial Services Inc (PFS) Latest News & Analysis

PFS stock latest news image
Quick Summary

Provident Financial Services, Inc. will hold its Q4 2024 earnings conference call on January 29, 2025, at 10:00 AM ET, featuring key executives and analysts from various firms.

Why It Matters

The upcoming earnings call for Provident Financial Services will provide insights into the company's financial performance, impacting stock valuations and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
PFS stock latest news image
Quick Summary

Provident Financial Services reported Q4 2024 net income of $48.5 million ($0.37 per share), up from $46.4 million in Q3 2024 and $27.3 million in Q4 2023. Full-year 2024 net income was $115.5 million.

Why It Matters

Provident Financial's quarterly earnings growth signals strong performance, while the annual decline indicates challenges. This mixed outlook can influence stock valuation and investor sentiment.

Source: GlobeNewsWire
Market Sentiment: Neutral
PFS stock latest news image
Quick Summary

Provident Financial (PFS) reported its quarterly performance for December 2024, with key metrics available for comparison against Wall Street estimates and prior year results.

Why It Matters

Comparing Provident Financial's performance against Wall Street estimates and prior year's results helps gauge its growth potential and market position, influencing investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
PFS stock latest news image
Quick Summary

Provident Financial (PFS) reported quarterly earnings of $0.37 per share, below the Zacks Consensus Estimate of $0.50, and slightly up from $0.36 per share a year earlier.

Why It Matters

Provident Financial's earnings miss signals potential operational challenges, possibly leading to decreased investor confidence and affecting stock performance.

Source: Zacks Investment Research
Market Sentiment: Negative
PFS stock latest news image
Quick Summary

FHBNY's Small Business Recovery Grant Program is offering funding to support small businesses in recovery efforts.

Why It Matters

The FHBNY's Small Business Recovery Grant Program indicates increased support for local businesses, potentially boosting economic recovery and growth, which can positively impact investor sentiment.

Source: GlobeNewsWire
Market Sentiment: Neutral
PFS stock latest news image
Quick Summary

Investing in dividend stocks can generate passive income and benefit from compounding through reinvestment, contributing to portfolio growth and financial savings.

Why It Matters

Dividend stocks provide steady income and benefit from compounding, enhancing portfolio growth. A focus on savings and reinvestment strategies can lead to significant long-term gains.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About PFS Stock

What is Provident Financial Services Inc's (PFS) stock forecast for 2025?

Based on our analysis of 8 Wall Street analysts, Provident Financial Services Inc (PFS) has a median price target of $23.50. The highest price target is $25.00 and the lowest is $21.00.

Is PFS stock a good investment in 2025?

According to current analyst ratings, PFS has 5 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $18.85. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for PFS stock?

Wall Street analysts predict PFS stock could reach $23.50 in the next 12 months. This represents a 24.7% increase from the current price of $18.85. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Provident Financial Services Inc's business model?

The company operates as a bank holding company, generating revenue through a diverse range of financial services including deposit accounts, various types of loans, cash management, and wealth management services. It earns interest income from its extensive loan portfolio and service fees from banking and investment products.

What is the highest forecasted price for PFS Provident Financial Services Inc?

The highest price target for PFS is $25.00 from Feddie Strickland at Hovde Group, which represents a 32.6% increase from the current price of $18.85.

What is the lowest forecasted price for PFS Provident Financial Services Inc?

The lowest price target for PFS is $21.00 from Timothy Switzer at Keefe, Bruyette & Woods, which represents a 11.4% increase from the current price of $18.85.

What is the overall PFS consensus from analysts for Provident Financial Services Inc?

The overall analyst consensus for PFS is bullish. Out of 8 Wall Street analysts, 5 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $23.50.

How accurate are PFS stock price projections?

Stock price projections, including those for Provident Financial Services Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.