A Look Into Financial Services Sector Value Stocks
What Defines a Value Stock?
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.
Below is a list of notable value stocks in the financial services sector:
- Main Street Capital (NYSE:MAIN) - P/E: 8.94
- WaFd (NASDAQ:WAFD) - P/E: 6.18
- Peoples Financial Servs (NASDAQ:PFIS) - P/E: 7.96
- Sound Financial Bancorp (NASDAQ:SFBC) - P/E: 9.16
- Amalgamated Financial (NASDAQ:AMAL) - P/E: 5.71
Most recently, Main Street Capital reported earnings per share at $1.12, whereas in Q1 earnings per share sat at $1.07. This quarter, WaFd experienced a decrease in earnings per share, which was $0.95 in Q2 and is now $0.89. The company's most recent dividend yield sits at 3.33%, which has decreased by 0.58% from 3.91% last quarter.
Most recently, Peoples Financial Servs reported earnings per share at $1.31, whereas in Q1 earnings per share sat at $1.04. The company's most recent dividend yield sits at 3.51%, which has decreased by 0.54% from 4.05% last quarter.
Most recently, Sound Financial Bancorp reported earnings per share at $1.11, whereas in Q1 earnings per share sat at $0.83. Its most recent dividend yield is at 2.08%, which has increased by 0.03% from 2.05% in the previous quarter.
Most recently, Amalgamated Financial reported earnings per share at $0.72, whereas in Q1 earnings per share sat at $0.74. Most recently, the company reported a dividend yield of 2.01%, which has decreased by 0.29% from last quarter's yield of 2.3%.
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.