First Savings Financial Group, Inc. (FSFG) Price Target Increased to $63.00 by Analysts at Maxim Group
First Savings Financial Group, Inc. (NASDAQ:FSFG) had its price target upped by Maxim Group from $60.00 to $63.00 in a research note published on Monday. They currently have a buy rating on the bank’s stock.
First Savings Financial Group (FSFG) opened at $56.56 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.95 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $127.30, a P/E ratio of 14.09 and a beta of 0.22. First Savings Financial Group has a 12 month low of $39.60 and a 12 month high of $58.97.
First Savings Financial Group (NASDAQ:FSFG) last posted its quarterly earnings data on Wednesday, November 15th. The bank reported $1.05 EPS for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.06. The company had revenue of $10.52 million for the quarter. First Savings Financial Group had a return on equity of 10.74% and a net margin of 21.89%.
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The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 1st will be issued a $0.14 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.56 dividend on an annualized basis and a yield of 0.99%. First Savings Financial Group’s payout ratio is currently 14.11%.
In other First Savings Financial Group news, CEO Larry W. Myers sold 600 shares of First Savings Financial Group stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $52.80, for a total value of $31,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders sold 1,035 shares of company stock valued at $54,635. 20.13% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Macquarie Group Ltd. bought a new stake in shares of First Savings Financial Group during the third quarter valued at approximately $108,000. Stilwell Value LLC increased its holdings in shares of First Savings Financial Group by 5,178.0% during the second quarter. Stilwell Value LLC now owns 1,055,600 shares of the bank’s stock valued at $1,056,000 after acquiring an additional 1,035,600 shares in the last quarter. ZPR Investment Management increased its holdings in shares of First Savings Financial Group by 1.9% during the second quarter. ZPR Investment Management now owns 6,244 shares of the bank’s stock valued at $342,000 after acquiring an additional 117 shares in the last quarter. State Street Corp bought a new stake in shares of First Savings Financial Group during the second quarter valued at approximately $224,000. Finally, Vanguard Group Inc. increased its holdings in shares of First Savings Financial Group by 15.6% during the second quarter. Vanguard Group Inc. now owns 25,259 shares of the bank’s stock valued at $1,382,000 after acquiring an additional 3,417 shares in the last quarter. Hedge funds and other institutional investors own 17.90% of the company’s stock.
First Savings Financial Group Company Profile
First Savings Financial Group, Inc is a bank holding company for First Savings Bank (the Bank). The Company’s principal business activity is the ownership of the outstanding common stock of First Savings Bank. The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its primary market area.
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