Analysts Expect DNB Financial Corp (NASDAQ:DNBF) to Announce $0.71 Earnings Per Share

DNB Financial Corp (NASDAQ:DNBF) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Analysts have set a one year consensus target price of $38.00 for the company and are predicting that the company will post $0.71 earnings per share for the current quarter, according to Zacks. Zacks has also assigned DNB Financial an industry rank of 178 out of 256 based on the ratings given to related companies.

DNBF has been the topic of several analyst reports. Zacks Investment Research cut shares of DNB Financial from a “buy” rating to a “hold” rating in a research note on Tuesday. ValuEngine cut shares of DNB Financial from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.

Shares of DNB Financial stock traded down $0.17 on Monday, hitting $42.61. 8,824 shares of the company’s stock were exchanged, compared to its average volume of 14,421. The firm has a 50-day moving average of $44.56. The company has a market capitalization of $182.52 million, a PE ratio of 17.18 and a beta of 0.84. DNB Financial has a 1 year low of $25.84 and a 1 year high of $46.86. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.00 and a quick ratio of 0.99.

DNB Financial (NASDAQ:DNBF) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $0.60 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.03). The business had revenue of $10.86 million for the quarter, compared to analysts’ expectations of $10.80 million. DNB Financial had a return on equity of 9.89% and a net margin of 20.71%. Equities research analysts predict that DNB Financial will post 2.68 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. bought a new stake in DNB Financial in the 2nd quarter worth approximately $375,000. Wells Fargo & Company MN grew its position in DNB Financial by 9.5% in the 2nd quarter. Wells Fargo & Company MN now owns 5,491 shares of the financial services provider’s stock worth $244,000 after purchasing an additional 475 shares during the period. Castine Capital Management LLC boosted its stake in shares of DNB Financial by 29.6% during the 1st quarter. Castine Capital Management LLC now owns 223,055 shares of the financial services provider’s stock worth $8,425,000 after acquiring an additional 50,986 shares during the last quarter. Baldwin Investment Management LLC purchased a new position in shares of DNB Financial during the 1st quarter worth $224,000. Finally, O Shaughnessy Asset Management LLC purchased a new position in shares of DNB Financial during the 1st quarter worth $95,000. Institutional investors and hedge funds own 32.61% of the company’s stock.

DNB Financial Company Profile

DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized businesses. The company offers deposit products, including money market, savings, demand, and NOW accounts; and time deposits, as well as certificates of deposit, including IRAs and brokered deposits.

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