Impact of Brokerage Rating on Astoria Financial Corporation(AF)

Many Astoria Financial Corporation(AF) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Astoria Financial Corp was Downgraded by FBR & Co. on Dec 21, 2016 to Underperform, Price Target of the shares are set at $15.Astoria Financial Corp was Upgraded by Piper Jaffray to Overweight on Dec 21, 2016.

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Robert J Destefano (Executive Vice President) sold 15,213 shares at 18.51 per share price.On Feb 1, 2017, Gerard C Keegan (Vice Chairman, Sr EVP & COO) sold 71,202 shares at 18.84 per share price.On Feb 1, 2017, Hugh J Donlon (Sr EVP and CLO) sold 37,781 shares at 18.69 per share price.

Astoria Financial Corp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.14 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.16.Analysts expectations of $ 95.97.During the same quarter in the previous year, the company posted $0.16 EPS.

Astoria Financial Corporation (NYSE:AF) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 4 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Astoria Financial Corporation (NYSE:AF) stock has received a short term price target of $ 16.63 from 4 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $2.29. The higher estimate of target price is $20 , while the lower price target estimate is $15

Astoria Financial Corporation (NYSE:AF) rose 1.13% or 0.21 points on Tuesday and made its way into the gainers of the day. After trading began at $18.59 the stock was seen hitting $18.88 as a peak level and $18.54 as the lowest level. The stock ended up at $18.84. The daily volume was measured at 817,316 shares. The 52-week high of the share price is $19.26 and the 52-week low is $14.11. The company has a market cap of $1,907 million.

Astoria Financial Corp. is in the operation of its wholly-owned subsidiary, Astoria Federal. In addition to directing, planning and coordinating the business activities of Astoria Federal, the company invests primarily in U.S. Government and federal agency securities, mortgage-backed securities and other securities.


Share this post

Leave a Reply