Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) have received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy rating.

Brokers have set a twelve-month consensus price objective of $17.75 for the company and are anticipating that the company will post $0.33 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Waterstone Financial an industry rank of 195 out of 254 based on the ratings given to related companies.

A number of equities research analysts recently issued reports on WSBF shares. BidaskClub raised Waterstone Financial from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Zacks Investment Research raised Waterstone Financial from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th.

A number of hedge funds have recently bought and sold shares of the business. State Street Corp grew its stake in Waterstone Financial by 2.6% in the first quarter. State Street Corp now owns 697,735 shares of the savings and loans company’s stock valued at $10,497,000 after purchasing an additional 17,754 shares in the last quarter. Seidman Lawrence B bought a new position in shares of Waterstone Financial during the 1st quarter worth approximately $722,000. Advisor Group Holdings Inc. bought a new position in shares of Waterstone Financial during the 1st quarter worth approximately $34,000. Invesco Ltd. boosted its stake in shares of Waterstone Financial by 28.0% during the 1st quarter. Invesco Ltd. now owns 133,953 shares of the savings and loans company’s stock worth $1,948,000 after acquiring an additional 29,341 shares during the period. Finally, Two Sigma Investments LP boosted its stake in shares of Waterstone Financial by 8.7% during the 1st quarter. Two Sigma Investments LP now owns 55,401 shares of the savings and loans company’s stock worth $806,000 after acquiring an additional 4,450 shares during the period. Hedge funds and other institutional investors own 61.42% of the company’s stock.

Shares of NASDAQ WSBF traded down $0.13 during mid-day trading on Monday, reaching $14.21. 245,776 shares of the company’s stock were exchanged, compared to its average volume of 95,425. The business has a fifty day simple moving average of $14.59 and a 200 day simple moving average of $16.07. Waterstone Financial has a twelve month low of $12.10 and a twelve month high of $19.48. The firm has a market capitalization of $371.62 million, a price-to-earnings ratio of 10.24 and a beta of 0.23. The company has a current ratio of 1.58, a quick ratio of 1.34 and a debt-to-equity ratio of 1.40.

Waterstone Financial (NASDAQ:WSBF) last announced its earnings results on Tuesday, April 28th. The savings and loans company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04). Waterstone Financial had a net margin of 16.62% and a return on equity of 9.41%. The firm had revenue of $43.99 million during the quarter, compared to analyst estimates of $44.50 million. Equities research analysts predict that Waterstone Financial will post 1.1 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Monday, July 13th will be paid a $0.12 dividend. The ex-dividend date is Friday, July 10th. This represents a $0.48 dividend on an annualized basis and a yield of 3.38%. Waterstone Financial’s dividend payout ratio is 35.04%.

Waterstone Financial Company Profile

Waterstone Financial, Inc operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates through two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, and insurance products, as well as trust and investment management accounts.

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