Shares of First Financial Northwest, Inc. (NASDAQ:FFNW) have been assigned an average broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.

Analysts have set a one year consensus target price of $18.00 for the company and are forecasting that the company will post $0.23 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Financial Northwest an industry rank of 103 out of 265 based on the ratings given to related companies.

Several analysts have commented on FFNW shares. Zacks Investment Research cut shares of First Financial Northwest from a “hold” rating to a “strong sell” rating in a research note on Monday, October 30th. ValuEngine cut shares of First Financial Northwest from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

In other news, insider Joseph W. Kiley III sold 15,000 shares of the company’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $16.04, for a total transaction of $240,600.00. Following the sale, the insider now directly owns 44,250 shares in the company, valued at approximately $709,770. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 7.31% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its position in shares of First Financial Northwest by 40.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,988 shares of the bank’s stock valued at $146,000 after buying an additional 2,611 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of First Financial Northwest during the 3rd quarter valued at about $181,000. Alpine Woods Capital Investors LLC purchased a new stake in shares of First Financial Northwest during the 3rd quarter valued at about $204,000. Teachers Advisors LLC raised its position in shares of First Financial Northwest by 8.9% during the 2nd quarter. Teachers Advisors LLC now owns 15,244 shares of the bank’s stock valued at $246,000 after buying an additional 1,240 shares in the last quarter. Finally, Brighton Jones LLC purchased a new stake in shares of First Financial Northwest during the 2nd quarter valued at about $270,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Shares of First Financial Northwest (NASDAQ FFNW) traded up $0.10 during trading on Tuesday, reaching $15.87. 10,100 shares of the company traded hands, compared to its average volume of 29,598. The company has a market cap of $171.76, a P/E ratio of 18.13, a P/E/G ratio of 1.96 and a beta of 0.32. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.17 and a quick ratio of 1.17. First Financial Northwest has a one year low of $14.83 and a one year high of $21.29.

First Financial Northwest (NASDAQ:FFNW) last issued its earnings results on Thursday, October 26th. The bank reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). The firm had revenue of $10.11 million during the quarter, compared to the consensus estimate of $10.15 million. First Financial Northwest had a return on equity of 6.45% and a net margin of 18.74%. analysts anticipate that First Financial Northwest will post 0.81 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.76%. The ex-dividend date is Thursday, November 30th. First Financial Northwest’s payout ratio is currently 32.56%.

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First Financial Northwest Company Profile

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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