Latest news with #ProvidentFinancialHoldings'
Yahoo
11-05-2025
- Business
- Yahoo
Here's What We Like About Provident Financial Holdings' (NASDAQ:PROV) Upcoming Dividend
Provident Financial Holdings, Inc. (NASDAQ:PROV) stock is about to trade ex-dividend in 3 days. Typically, the ex-dividend date is one business day before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. This means that investors who purchase Provident Financial Holdings' shares on or after the 15th of May will not receive the dividend, which will be paid on the 5th of June. The company's next dividend payment will be US$0.14 per share, and in the last 12 months, the company paid a total of US$0.56 per share. Looking at the last 12 months of distributions, Provident Financial Holdings has a trailing yield of approximately 3.7% on its current stock price of US$15.05. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Provident Financial Holdings paid out 58% of its earnings to investors last year, a normal payout level for most businesses. When a company paid out less in dividends than it earned in profit, this generally suggests its dividend is affordable. The lower the % of its profit that it pays out, the greater the margin of safety for the dividend if the business enters a downturn. Check out our latest analysis for Provident Financial Holdings Click here to see how much of its profit Provident Financial Holdings paid out over the last 12 months. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. For this reason, we're glad to see Provident Financial Holdings's earnings per share have risen 11% per annum over the last five years. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Provident Financial Holdings has delivered 2.4% dividend growth per year on average over the past 10 years. Earnings per share have been growing much quicker than dividends, potentially because Provident Financial Holdings is keeping back more of its profits to grow the business. From a dividend perspective, should investors buy or avoid Provident Financial Holdings? Earnings per share are growing at an attractive rate, and Provident Financial Holdings is paying out a bit over half its profits. Provident Financial Holdings ticks a lot of boxes for us from a dividend perspective, and we think these characteristics should mark the company as deserving of further attention. So while Provident Financial Holdings looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. Our analysis shows 1 warning sign for Provident Financial Holdings and you should be aware of this before buying any shares. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
02-05-2025
- Business
- Yahoo
Provident Financial Holdings, Inc. Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next
Provident Financial Holdings, Inc. (NASDAQ:PROV) defied analyst predictions to release its quarterly results, which were ahead of market expectations. It was overall a positive result, with revenues beating expectations by 2.6% to hit US$10m. Provident Financial Holdings reported statutory earnings per share (EPS) US$0.28, which was a notable 17% above what the analyst had forecast. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Provident Financial Holdings after the latest results. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Taking into account the latest results, the current consensus from Provident Financial Holdings' lone analyst is for revenues of US$42.9m in 2026. This would reflect a meaningful 8.2% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to expand 17% to US$1.15. Before this earnings report, the analyst had been forecasting revenues of US$42.9m and earnings per share (EPS) of US$1.20 in 2026. The analyst seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year. View our latest analysis for Provident Financial Holdings It might be a surprise to learn that the consensus price target was broadly unchanged at US$16.25, with the analyst clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that Provident Financial Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 6.5% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 1.1% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 7.1% annually. Provident Financial Holdings is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors. The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here. You can also see whether Provident Financial Holdings is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
