Thomson Reuters/Verus cut shares of Astoria Financial Corp. (NYSE:AF) from a hold rating to a sell rating in a research note issued to investors on Monday, Analyst Ratings.Net reports.
Shares of Astoria Financial Corp. (NYSE: AF) opened at 12.46 on Monday. Astoria Financial Corp. has a 52 week low of $8.88 and a 52 week high of $12.53. The stock’s 50-day moving average is currently $10.86. The company has a market cap of $1.209 billion and a P/E ratio of 21.48.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 3rd. Investors of record on Thursday, August 15th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Tuesday, August 13th.
AF has been the subject of a number of other recent research reports. Analysts at Raymond James raised their price target on shares of Astoria Financial Corp. from $11.00 to $13.00 in a research note to investors on Friday, July 19th. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Astoria Financial Corp. from $10.00 to $12.00 in a research note to investors on Friday, July 19th. Finally, analysts at Keefe, Bruyette & Woods reiterated a hold rating on shares of Astoria Financial Corp. in a research note to investors on Thursday, July 18th. They now have a $10.00 price target on the stock.
Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and an average target price of $11.14.
Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association (NYSE: AF).