PFS Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Provident Financial Services Inc, the DDM model, as implemented by StockNews, implies a positive return of 26.69% relative to its current price. To help understand and contextualize the model's evaluation of PFS, investors may wish to consider are:

• In comparison to stocks we observe that provide shareholders with a dividend, Provident Financial Services Inc produces a dividend yield 7.22% -- which falls in the top 11%.
• Amongst its dividend-issuing peers in the small-sized market cap category, PFS's beta -- a measure of volatility relative to the market at large -- is lower than just 16.28% of them.

PFS Dividends vs. Peers