(VIANEWS) - New Residential Investment (NRZ), F.N.B. Corporation (FNB), Independent Bank Corp. (INDB) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. New Residential Investment (NRZ)
31.5% sales growth and 13.32% return on equity
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 13.32%.Growth Estimates Quarters
For the current quarter, the company expects to grow by 19.4% while it will drop by 15.9% in the next.2. F.N.B. Corporation (FNB)
29.6% sales growth and 7.6% return on equity
F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services. The company also provides consumer banking products and services, such as deposit products, mortgage and consumer lending services, and mobile and online banking services; and wealth management services comprising personal and corporate fiduciary services comprising administration of decedent and trust estates; securities brokerage and investment advisory services, mutual funds, and annuities; and commercial and personal insurance products, as well as mezzanine financing options for small- to medium-sized businesses. As of December 31, 2019, it operated 369 community banking offices in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, and South Carolina. F.N.B. Corporation was founded in 1864 and is headquartered in Pittsburgh, Pennsylvania.
Earnings Per Share
As for profitability, F.N.B. Corporation has a trailing twelve months EPS of $1.13.
PE Ratio
F.N.B. Corporation has a trailing twelve months price to earnings ratio of 12.22. Meaning, the purchaser of the share is investing $12.22 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 7.6%.Volume
F.N.B.'s latest reported volume is 2895400. Corporation's current volume is 2895400, 16.11% higher than its average volume (24933570).
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Dec 1, 2022, the estimated forward annual dividend rate is 0.48 and the estimated forward annual dividend yield is 3.48%.
Annual Top and Bottom Value
F.N.B. Corporation stock value at $13.81 as of 19:22 EST. This is below its 52 week high of $14.71, and much higher than its low 52 week of $10.48.
3. Independent Bank Corp. (INDB)
17.6% sales growth and 8.24% return on equity
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. Its products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. The company's loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages and home equity loans, and loans for the construction of residential properties; and personal loans. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine (ATM) cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2020, it operates through a network of ninety-six full service and two limited service retail branches, sixteen commercial banking centers, ten investment management offices, and eight mortgage lending centers in Eastern Massachusetts, Greater Boston, the South Shore, and the Cape and Islands, as well as in Worcester County and Rhode Island. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Earnings per Share
Independent Bank Corp.'s trailing 12 months earnings per share (EPS) is $4.12.
PE Ratio
Independent Bank Corp.'s trailing 12 months earnings to price ratio is 21.55. The purchaser of the shares is therefore investing $21.55 per dollar in annual earnings.
For the 12 trailing months, the company's return-on-equity, which is a measure of the business' profitability relative to shareholders' equity, was 8.24%.4. NBT Bancorp (NBTB)
9.9% sales growth and 12.78% return on equity
NBT Bancorp Inc. is a financial holding firm that provides retail and commercial banking as well as wealth management services. Deposit products offered by NBT Bancorp Inc. include savings, demand deposit and certificates of deposit. Its loan portfolio includes commercial, industrial, commercial real property, agricultural and commercial construction loans. Indirect and direct consumer, residential, mortgages and business banking loans are also available. The company also offers trust and investment, financial planning and insurance services as well as retirement plan consulting services and recordkeeping. The company also offers personal, casualty and business insurance. It can provide other services via online, mobile and phone channels, which allow customers to access balances, make transfers, send funds, pay bills and view statements. Customers can also apply for loans and check their accounts. It had 141 branches in New York, Pennsylvania and Vermont and 176 ATMs throughout New Hampshire, Massachusetts, New Hampshire and Maine as of December 31, 2020. NBT Bancorp Inc. is located in Norwich, New York.
Earnings Per Share
As for profitability, NBT Bancorp has a trailing twelve months EPS of $3.53.
PE Ratio
NBT Bancorp has a trailing twelve months price to earnings ratio of 13.14. Meaning, the purchaser of the share is investing $13.14 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 12.78%.5. Douglas Dynamics (PLOW)
6.9% sales growth and 13.83% return on equity
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates in two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. It sells its products under the BLIZZARD, FISHER, HENDERSON, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, and DEJANA brands. The company distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. Douglas Dynamics, Inc. was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
Earnings Per Share
As for profitability, Douglas Dynamics has a trailing twelve months EPS of $-3.34.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 13.83%.Growth Estimates Quarters
The company's growth estimates for the present quarter and the next is 55.2% and 42.9%, respectively.Dividend Yield
As claimed by Morningstar, Inc., the next dividend payment is on Sep 15, 2022, the estimated forward annual dividend rate is 1.16 and the estimated forward annual dividend yield is 3.52%.
6. SpartanNash Company (SPTN)
5.1% sales growth and 7.98% return on equity
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 68,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to 160 military commissaries and approximately 400 exchanges located in 39 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood markets. As of March 11, 2021, it operated 154 supermarkets, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.
Earnings Per Share
As for profitability, SpartanNash Company has a trailing twelve months EPS of $2.12.
PE Ratio
SpartanNash Company has a trailing twelve months price to earnings ratio of 15.56. Meaning, the purchaser of the share is investing $15.56 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 7.98%.Volume
Today's last reported volume for SpartanNash Company is 306144 which is 14.39% above its average volume of 267625.
Sales Growth
SpartanNash Company's sales growth is 5.4% for the ongoing quarter and 5.1% for the next.