Brokerages expect First Financial Northwest, Inc. (NASDAQ:FFNW) to post $0.23 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for First Financial Northwest’s earnings. First Financial Northwest reported earnings of $0.29 per share in the same quarter last year, which would suggest a negative year over year growth rate of 20.7%. The business is scheduled to announce its next earnings results on Thursday, January 25th.

On average, analysts expect that First Financial Northwest will report full-year earnings of $0.81 per share for the current fiscal year, with EPS estimates ranging from $0.80 to $0.81. For the next fiscal year, analysts expect that the company will report earnings of $1.04 per share, with EPS estimates ranging from $1.00 to $1.07. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for First Financial Northwest.

First Financial Northwest (NASDAQ:FFNW) last released its quarterly earnings data on Thursday, October 26th. The bank reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.05). The company had revenue of $10.11 million for the quarter, compared to analysts’ expectations of $10.15 million. First Financial Northwest had a net margin of 18.74% and a return on equity of 6.45%.

A number of equities analysts have weighed in on FFNW shares. Zacks Investment Research upgraded First Financial Northwest from a “sell” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Monday. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $19.00 price objective on shares of First Financial Northwest in a research note on Friday, December 22nd.

Several large investors have recently bought and sold shares of FFNW. LSV Asset Management acquired a new stake in shares of First Financial Northwest during the 2nd quarter valued at about $788,000. Bank of New York Mellon Corp grew its position in shares of First Financial Northwest by 17.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 84,439 shares of the bank’s stock valued at $1,362,000 after acquiring an additional 12,461 shares during the period. Cornerstone Capital Management Holdings LLC. grew its position in shares of First Financial Northwest by 47.9% during the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 37,372 shares of the bank’s stock valued at $601,000 after acquiring an additional 12,100 shares during the period. Alpine Woods Capital Investors LLC acquired a new stake in shares of First Financial Northwest during the 3rd quarter valued at about $204,000. Finally, SG Americas Securities LLC acquired a new stake in shares of First Financial Northwest during the 3rd quarter valued at about $181,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

First Financial Northwest (NASDAQ:FFNW) traded up $0.39 during midday trading on Friday, hitting $16.91. The company’s stock had a trading volume of 5,791 shares, compared to its average volume of 14,522. The stock has a market cap of $171.22, a price-to-earnings ratio of 19.66, a P/E/G ratio of 1.53 and a beta of 0.32. First Financial Northwest has a twelve month low of $14.83 and a twelve month high of $21.29. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.17 and a quick ratio of 1.17.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Thursday, November 30th. First Financial Northwest’s dividend payout ratio (DPR) is presently 32.56%.

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About First Financial Northwest

First Financial Northwest, Inc (First Financial Northwest) is a holding company for First Financial Northwest Bank (the Bank). The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington.

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