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Relatively Low Projected Earnings Growth Detected in Shares of Beneficial Banco in the Thrifts & Mortgage Finance Industry (BNCL, NYCB, EVER, OCFC, MTG)

By Shiri Gupta

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.

Beneficial Banco ranks lowest with a projected earnings growth of 0.2%. Ny Comm Bancorp is next with a projected earnings growth of 5.5%. Tiaa Fsb Holding ranks third lowest with a projected earnings growth of 6.4%.

Oceanfirst Finl follows with a projected earnings growth of 7.4%, and Mgic Invt Corp rounds out the bottom five with a projected earnings growth of 7.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Mgic Invt Corp on February 6th, 2018 by issuing a Downtrend alert when the shares were trading at $14.34. Since that call, shares of Mgic Invt Corp have fallen 24.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest projected earnings growth beneficial banco ny comm bancorp :ever tiaa fsb holding oceanfirst finl mgic invt corp

Ticker(s): BNCL NYCB OCFC MTG