WallStreetZenWallStreetZen

How to Buy Provident Financial Holdings Stock

Provident Financial Holdings Inc

Provident Financial Holdings, Inc. operates as the holding company for Provident Savings Bank, F. S. B.

Provident Financial Holdings stock last closed at $13.50, down 0.44% from the previous day, and has decreased 1.1% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.15 percentage points. Provident Financial Holdings stock is currently +32.87% from its 52-week low of $10.16, and -12.34% from its 52-week high of $15.40.

There are currently 6.93M shares of PROV outstanding. The market value of PROV is $93.51M. In the last 24 hours, 7461 PROV shares were traded.

How to Buy Provident Financial Holdings Stock

Not sure how to invest in Provident Financial Holdings stock? Here's how.
  1. Decide where to buy Provident Financial Holdings stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Provident Financial Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your payment method and add your info.
  4. Research Provident Financial Holdings stock: The Provident Financial Holdings ticker symbol is PROV. Is Provident Financial Holdings stock a good investment? Should you buy shares of PROV? How do PROV's underlying business fundamentals look? Do top analysts think Provident Financial Holdings is a good buy? Why has PROV's stock price moved recently? (Hint: Our stock research website can help you evaluate if PROV is a good stock to buy).
  5. Execute your PROV buy order: Decide if you will purchase PROV shares at the current market price or use a limit order to purchase PROV shares at a given price.
  6. Monitor your PROV investment: Create a watchlist to key updates about your new investment in Provident Financial Holdings stock.

Step 1: Decide where to buy Provident Financial Holdings stock

You will need an online brokerage account to access the NASDAQ market and buy PROV shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

In our opinion, eToro is the best stock brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you are able to invest in PROV stock today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to open a new brokerage account.
  1. Send your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you've filled out your info on apps for stocks, you need to deposit funds:

Watch the walkthrough below to see the process of transferring funds into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Provident Financial Holdings stock

After you have identified the best place to buy Provident Financial Holdings stock, it's very important to research their stock prior to investing, so you can comprehend the risk as well as the upside.

Provident Financial Holdings Metrics

PROV Price
$13.50
1w %
-4.93%
1y %
-1.1%
5y %
-32.16%
P/E
11.74x
P/B
0.72x
P/S
2.32x
PEG
3.53x
Revenue
$40.35M
Earnings
$8.03M
Fore. Rev. Growth
-2.88%
Fore. Earn. Growth
N/A
Market Cap
$93.51M
Next Earnings
Apr 24, 2024
Next Dividend
N/A

Provident Financial Holdings Overview

WallStreetZen was designed to help everyday investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on PROV's stock page.

Is PROV stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PROV's fair value.

Using relative valuations measures:

  • PROV may be undervalued based on its P/E ratio of 11.74x, relative to Banks - Regional industry P/E ratio of -10.57x
  • PROV could be undervalued based on its P/B ratio of 0.72x, relative to Banks - Regional industry P/B ratio of 1.02x
  • PROV could be overvalued based on its PEG ratio of 3.53x

You can access additional valuation research on PROV's stock here.

PROV Financial Health Overview

Passed Health Checks:

  • PROV earnings of $11.62M is not sufficient to cover its interest payments.

Failed Health Checks:

  • Total PROV debt is higher than 5 years ago, relative to shareholder equity.
  • PROV has a relatively high debt to equity ratio of 9.04.
  • PROV profit margin has gone down from 21.9% to 19.9% in the past year.
  • PROV's operating cash flow of $14.57M allows it to safely service it's debt of $242.50M.

You can dig deeper into what analysts are saying on the Provident Financial Holdings stock forecast page.

PROV Technicals

SMA10
13.84
SMA20
13.96
SMA50
14.21
SMA100
13.05
SMA200
13.07
MACD
-0.12
MACD Signal
-0.07
MACD Histogram
-0.06
RSI
35.68
Stochastic %K
17.72
Stochastic %D
24.53
StochRSI %K
4.07
StochRSI %D
15.88

PROV Performance Numbers

Last year, PROV earnings were $8.03M. In the past five year, PROV's earnings have grown by 4.56% per year. This was slower than the Banks - Regional industry average of 15.73%.

Last year, PROV revenue was $40.35M. Over the past 5 year, PROV's revenue has increased by -6.58% per year. This was slower than the Banks - Regional industry average of 7.21%.

You can research PROV's earnings and revenue performance here.

Are PROV insiders buying or selling the stock?

In the last year, insiders at PROV have not bought or sold any shares.

Learn more about who owns PROV shares here.

Does PROV provide a stable income stream?

Provident Financial Holdings pays a dividend of 4.15%, compared to the Banks - Regional industry's average dividend yield of 3.66%. If you owned $1,000 worth of PROV stock, you would have been paid $41.48 last year.

Provident Financial Holdings dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Provident Financial Holdings dividend yield and history here.

What others are saying about PROV

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your PROV buy order

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, use a limit order.

Click the Open Trade button and eToro will execute your order.

If you want more assistance buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Monitor your PROV investment

Now that you own some shares in PROV, you'll want to stay up-to-date on your shares.

Put PROV on a watchlist to get the latest updates about your PROV stock.

PROV Feed

How to Buy Stock in Provident Financial Holdings

To summarize, here are the 6 steps to buy Provident Financial Holdings stock:

  1. Decide where to buy Provident Financial Holdings stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Provident Financial Holdings stock
  5. Execute your PROV buy order
  6. Monitor your PROV investment

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your new investment in Provident Financial Holdings, add PROV to your watchlist by clicking the button below.

NASDAQ: PROV
$13.50-0.06 (-0.44%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: PROV
$13.50-0.06 (-0.44%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Provident Financial Holdings share?

As of Mar 27, 2024, it costs $13.50 to buy one share of Provident Financial Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.444 shares of PROV.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Provident Financial Holdings stock?

One way to place an order for Provident Financial Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.