Brokerages predict that United Financial Services Inc. (PBCT) will announce $ 0.33 EPS

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People & # 39; s United Financial logo "title =" People & # 39; s United Financial logo "clbad =" companylogo "/> Wall Street Analysts Expect People & # 39; s United Financial, Inc. (NASDAQ: PBCT) Reports Earnings of $ 0.33 Per Share for the Quarter According to Zacks Investment Research reports, four badysts have published estimates for the benefit of People's United Financial, the 39, the highest estimate being 0.34 dollar and the lowest estimate of 0.33 dollar., Which indicates a positive growth rate of 26.9% from one year to the next. the other, the company is expected to release its next quarterly results on Thursday, Oct. 18.</p><p> According to Zacks, badysts expect that People's United Financial Earnings per Share will be higher. at $ 1.29 per share for the current fiscal year, with earnings per share estimates of $ 1.27 to $ 1.30 for next year. $ 1.42 per share, with EPS estimates ranging from $ 1.34 to $ 1.49. The EPS averages of Zacks Investment Research are an average based on a survey of badysts who provide coverage to People's United Financial.</p><p> People's United Financial (NASDAQ: PBCT) released its financial results on Thursday, July 19. The bank reported earnings per share (EPS) of $ 0.32 for the quarter, which corresponds to Thomson Reuters' consensus estimate of $ 0.32. People's United Financial posted a net margin of 23.24% and a return on equity of 7.60%. The company achieved a turnover of 396.10 million dollars during the quarter, against a consensus estimate of 395.57 million dollars. During the same period last year, the company posted earnings per share of $ 0.19.</p><p>Several equity research badysts have recently released stock reports. Zacks Investment Research downgraded People's United Financial shares from a "buy" rating to a "hold" note in a research note on Wednesday, March 28. Morgan Stanley lowered its target price on People's United Financial shares from $ 21.00 to $ 20.00 and set an "equal weight" rating for the company in a research note on Friday, April 20 . Piper Jaffray Companies has raised the shares of People & # 39; s United Financial from an "underweight" rating to a "neutral" rating in a research note on Friday, April 20th. BidaskClub demoted the shares of People & # 39; s United Financial from a "hold" rating to a "sell" note in a research note on Thursday, April 19th. Finally, Sandler O Neill put the shares of People & # 39; s United Financial from a "hold" rating to a "buy" rating in a research note on Thursday, April 19th. Three equity research badysts rated the stock with a sales rating, five badigned a reserve rating and two gave a buy-to-action rating. The stock has a consensual "Hold" rating and a consensus target price of $ 19.25.</p><p> In other news from People 's United Financial, director Mark W. Richards sold 4,000 shares of stock in a deal dated Thursday, May 17. The shares were sold at an average price of $ 18.71, for a total value of $ 74,840.00. As a result of the transaction, the director now holds directly 13,758 shares of the company, valued at approximately $ 257,412.18. The transaction has been disclosed in a legal deposit with the SEC, which can be accessed via this hyperlink. In addition, insider Sara M. Longobardi sold 73,324 shares in a transaction dated Tuesday, May 8th. The shares were sold at an average price of $ 18.33, for a total transaction of $ 1,344,028.92. As a result of the closing of the transaction, the insider now directly owns 134,525 shares of the company, valued at $ 2,465,843.25. The disclosure for this sale can be found here. 2.50% of the shares are held by insiders.</p><p> Institutional investors have recently added or reduced their holdings in the company. California State Teachers Retirement System increased its holdings of People's Shares in United Financial by 2.6% in the fourth quarter. California State Teachers Retirement System now owns 633,570 shares of the bank worth $ 11,848,000 after the purchase of 16,093 additional shares during the period. MetLife Investment Advisors LLC purchased a new position in the shares of People & # 39; s United Financial during the fourth quarter valued at approximately $ 2,003,000. US Bancorp DE increased its holdings of People & # 39; s United Financial by 36.8% in the first quarter. US Bancorp DE now holds 11,698 shares of the bank worth $ 218,000 after purchasing 3,144 additional shares during the period. Cornerstone Capital Management Holdings LLC. increased holdings of People's United Financial by 10.6% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now holds 65,098 shares of the bank valued at $ 1,217,000 after purchasing 6,242 additional shares during the period. Lastly, Elkfork Partners LLC purchased a new position in the shares of People's United Financial during the fourth quarter of approximately $ 3,516,000. 76.96% of the shares are currently held by hedge funds and other institutional investors.</p><p> NASDAQ: The PBCT fell $ 0.03 during the day on Friday, reaching $ 18.30. The stock had a trading volume of 3,280,792 shares, compared to its average volume of 2,521,716. People's United Financial has a minimum of $ 12.97 in twelve months and a record high of $ 20.26 in twelve months. The company has a market capitalization of $ 6.37 billion, a price / earnings ratio of 17.60, a price / earnings ratio of 7.13 and a beta of 0.92. The company has a debt ratio of 0.63, a ratio of 0.96 and a liquidity ratio of 0.96.</p><p> The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 15. Shareholders of record on Wednesday, August 1 will receive a dividend of $ 0.175. The ex-dividend date is Tuesday, July 31. This represents an annualized dividend of $ 0.70 and a return of 3.83%. The dividend payout ratio of People & # 39; s United Financial is currently 67.31%.</p><p> <strong> About People's United Financial </strong></p><p> People's United Financial, Inc. operates as the bank holding company for People's United Bank, National Association which provides banking services to individuals, businesses and individuals. and municipal clients. The company operates in two segments, commercial banks and retail banks.</p><p> Feature Article: Stock Quotes and Recommendations: Understanding Analysts' Updates and Downgrades</p><p> Get a Free Copy of Zacks Research Report For more information about Zacks Investment Research's research offers, visit Zacks.com</p><p style= Profit History and Estimates for People's United Financial (NASDAQ: PBCT)



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