Stewardship Financial (SSFN) Upgraded at TheStreet

TheStreet upgraded shares of Stewardship Financial (NASDAQ:SSFN) from a c+ rating to a b rating in a research report report published on Monday.

Stewardship Financial (SSFN) opened at $9.75 on Monday. The stock has a market cap of $84.72, a price-to-earnings ratio of 13.43 and a beta of 0.08. Stewardship Financial has a 12 month low of $7.92 and a 12 month high of $10.50. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.94 and a current ratio of 0.94.

Stewardship Financial (NASDAQ:SSFN) last issued its earnings results on Tuesday, November 7th. The bank reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $7.67 million for the quarter. Stewardship Financial had a net margin of 15.36% and a return on equity of 8.38%.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend was Tuesday, October 31st. Stewardship Financial’s dividend payout ratio (DPR) is 16.44%.

Several institutional investors have recently added to or reduced their stakes in SSFN. Royce & Associates LP bought a new position in shares of Stewardship Financial in the second quarter valued at $1,853,000. Context BH Capital Management LP lifted its stake in shares of Stewardship Financial by 10.0% in the second quarter. Context BH Capital Management LP now owns 58,879 shares of the bank’s stock valued at $553,000 after buying an additional 5,338 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Stewardship Financial by 21.1% in the second quarter. Vanguard Group Inc. now owns 33,821 shares of the bank’s stock valued at $321,000 after buying an additional 5,882 shares in the last quarter. River Oaks Capital LLC bought a new position in shares of Stewardship Financial in the second quarter valued at $329,000. Finally, Jacobs Asset Management LLC bought a new position in shares of Stewardship Financial in the second quarter valued at $3,896,000. 19.28% of the stock is currently owned by hedge funds and other institutional investors.

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Stewardship Financial Company Profile

Stewardship Financial Corporation is a one-bank holding company for Atlantic Stewardship Bank (the Bank). The Company’s principal business is the ownership and supervision of the Bank. The Company, through the Bank, conducts commercial banking business and offers deposit services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts.

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