Top 5 Companies in the Thrifts & Mortgage Finance Industry With the Lowest Forward Earnings Yield (TFSL, KRNY, CSBK, BNCL, NFBK)
Below are the three companies in the Thrifts & Mortgage Finance industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
TFS Financial ranks lowest with a forward earnings yield of 1.2%. Following is Kearny Financial with a forward earnings yield of 1.4%. Clifton Savings Bancorp ranks third lowest with a forward earnings yield of 1.8%.
Beneficial Mutual Bancorp follows with a forward earnings yield of 2.2%, and Northfield Bancorp rounds out the bottom five with a forward earnings yield of 2.9%.
SmarTrend recommended that subscribers consider buying shares of TFS Financial on March 16th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $17.24. Since that recommendation, shares of TFS Financial have risen 5.4%. We continue to monitor TFS Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward earnings yield tfs financial kearny financial clifton savings bancorp beneficial mutual bancorp northfield bancorp