|Bid||22.66 x 1100|
|Ask||22.97 x 1200|
|Day's Range||22.74 - 23.00|
|52 Week Range||8.36 - 24.49|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||8.11|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Third Avenue Management, a disciplined, value-oriented asset manager and investment fund, published its ‘Small-Cap Value Fund’ third-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 11.41% was recorded by the fund for the 3rd Quarter of 2020, below its Russell 2000 Value benchmark that returned 18.91%. You can view […]
What are Value Stocks? 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.Benzinga Insights has compiled a list of value stocks in the financial services sector that may be worth watching: 1. Virtu Financial (NASDAQ:VIRT) - P/E: 5.94 2. First American Financial (NYSE:FAF) - P/E: 9.69 3. Chemung Financial (NASDAQ:CHMG) - P/E: 9.32 4. Yiren Digital (NYSE:YRD) - P/E: 7.53 5. Customers Bancorp (NYSE:CUBI) - P/E: 7.78This quarter, Virtu Financial experienced a decrease in earnings per share, which was 1.73 in Q2 and is now 0.81. The company's most recent dividend yield sits at 4.38%, which has increased by 0.48% from 3.9% last quarter.First American Financial's earnings per share for Q3 sits at 1.31, whereas in Q2, they were at 1.05. The company's most recent dividend yield sits at 4.01%, which has increased by 0.66% from 3.35% last quarter.Chemung Financial has reported Q3 earnings per share at 1.19, which has decreased by 0.83% compared to Q2, which was 1.2. Its most recent dividend yield is at 2.88%, which has decreased by 0.53% from 3.41% in the previous quarter.Most recently, Yiren Digital reported earnings per share at 0.13, whereas in Q2 earnings per share sat at -0.35. The company's most recent dividend yield sits at 1.34%, which has increased by 1.34% from 0.0% last quarter.Customers Bancorp's earnings per share for Q3 sits at 1.2, whereas in Q2, they were at 0.61. Customers Bancorp does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.See more from Benzinga * Click here for options trades from Benzinga * A Look Into Energy Sector Value Stocks * Benzinga's Top Ratings Upgrades, Downgrades For January 14, 2021(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.