The Meaning Behind Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company’s future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labeled as a value stock.
Below is a list of notable value stocks in the financial services sector:
- Flagstar Bancorp FBC - P/E: 3.88
- Republic Bancorp RBCAA - P/E: 7.76
- Sierra Bancorp BSRR - P/E: 8.88
- Independent Bank IBCP - P/E: 6.22
- Alliance Data Systems ADS - P/E: 6.62
Flagstar Bancorp’s earnings per share for Q3 sits at 3.88, whereas in Q2, they were at 2.03. Most recently, the company reported a dividend yield of 0.61%, which has decreased by 0.08% from last quarter’s yield of 0.69%.
Republic Bancorp saw an increase in earnings per share from 0.76 in Q2 to 0.98 now. Its most recent dividend yield is at 3.77%, which has decreased by 0.22% from 3.99% in the previous quarter.
Sierra Bancorp’s earnings per share for Q3 sits at 0.67, whereas in Q2, they were at 0.54. The company’s most recent dividend yield sits at 4.49%, which has ('', 'not changed') by 0.0% from 4.49% last quarter.
Independent Bank’s earnings per share for Q3 sits at 0.89, whereas in Q2, they were at 0.67. Most recently, the company reported a dividend yield of 5.71%, which has decreased by 0.49% from last quarter’s yield of 6.2%.
Alliance Data Systems saw an increase in earnings per share from 1.86 in Q2 to 3.45 now. Most recently, the company reported a dividend yield of 1.92%, which has decreased by 0.05% from last quarter’s yield of 1.97%.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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