• Return to Headlines

Lowest Projected Earnings Growth in the Thrifts & Mortgage Finance Industry Detected in Shares of MGIC Investment (MTG, TRST, TFSL, NFBK, FDEF)

By Nick Russo

Below are the three companies in the Thrifts & Mortgage Finance industry with the lowest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

MGIC Investment ranks lowest with a projected earnings growth of 1.0%. Following is Trustco Bank with a projected earnings growth of 1.1%. TFS Financial ranks third lowest with a projected earnings growth of 1.8%.

Northfield Bancorp follows with a projected earnings growth of 2.2%, and First Defiance Financial rounds out the bottom five with a projected earnings growth of 3.0%.

SmarTrend recommended that subscribers consider buying shares of First Defiance Financial on January 25th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $50.23. Since that recommendation, shares of First Defiance Financial have risen 9.6%. We continue to monitor First Defiance Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest projected earnings growth mgic investment trustco bank tfs financial northfield bancorp first defiance financial

Ticker(s): MTG TRST TFSL NFBK FDEF