Analysts Expect First Financial Corp (THFF) to Announce $0.90 EPS
Equities analysts expect First Financial Corp (NASDAQ:THFF) to post $0.90 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for First Financial’s earnings. First Financial posted earnings of $0.72 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 25%. The business is expected to announce its next quarterly earnings results on Tuesday, February 5th.
According to Zacks, analysts expect that First Financial will report full-year earnings of $3.80 per share for the current year. For the next year, analysts expect that the firm will post earnings of $3.55 per share, with EPS estimates ranging from $3.54 to $3.55. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for First Financial.
First Financial (NASDAQ:THFF) last released its earnings results on Tuesday, October 23rd. The bank reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.03. The company had revenue of $37.74 million for the quarter, compared to analyst estimates of $37.60 million. First Financial had a net margin of 23.65% and a return on equity of 10.60%.
Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc raised its position in shares of First Financial by 1.3% in the 3rd quarter. Vanguard Group Inc now owns 531,099 shares of the bank’s stock worth $26,661,000 after acquiring an additional 6,795 shares in the last quarter. Vanguard Group Inc. increased its position in First Financial by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 531,099 shares of the bank’s stock valued at $26,661,000 after buying an additional 6,795 shares in the last quarter. Koshinski Asset Management Inc. increased its position in First Financial by 46.0% in the 3rd quarter. Koshinski Asset Management Inc. now owns 14,345 shares of the bank’s stock valued at $720,000 after buying an additional 4,522 shares in the last quarter. MetLife Investment Advisors LLC increased its position in First Financial by 52.8% in the 3rd quarter. MetLife Investment Advisors LLC now owns 7,952 shares of the bank’s stock valued at $399,000 after buying an additional 2,749 shares in the last quarter. Finally, Walthausen & Co. LLC bought a new stake in First Financial in the 3rd quarter valued at about $7,769,000. 55.60% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ:THFF traded up $0.23 on Friday, reaching $42.80. The stock had a trading volume of 14,301 shares, compared to its average volume of 13,354. The firm has a market cap of $524.51 million, a price-to-earnings ratio of 14.76 and a beta of 0.92. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.08. First Financial has a 12-month low of $40.75 and a 12-month high of $53.05.
The business also recently announced a semiannual dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Tuesday, January 8th will be issued a dividend of $0.51 per share. This represents a yield of 2.21%. The ex-dividend date is Monday, January 7th. First Financial’s payout ratio is presently 35.17%.
About First Financial
First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.
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