First Savings Financial Group (FSFG) Expected to Announce Earnings on Tuesday

First Savings Financial Group (NASDAQ:FSFG) is anticipated to issue its results before the market opens on Tuesday, January 27th. Analysts expect the company to announce earnings of $0.92 per share and revenue of $17.47 million for the quarter.

First Savings Financial Group (NASDAQ:FSFG) last issued its earnings results on Thursday, October 30th. The bank reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. First Savings Financial Group had a return on equity of 11.51% and a net margin of 15.82%.The firm had revenue of $21.79 million for the quarter, compared to the consensus estimate of $17.21 million. On average, analysts expect First Savings Financial Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Savings Financial Group Stock Performance

Shares of FSFG stock opened at $33.75 on Friday. First Savings Financial Group has a fifty-two week low of $21.63 and a fifty-two week high of $34.10. The stock’s 50-day moving average is $31.90 and its two-hundred day moving average is $29.44. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.15 and a quick ratio of 1.12. The firm has a market cap of $236.93 million, a P/E ratio of 10.20 and a beta of 0.45.

First Savings Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a $0.16 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.64 dividend on an annualized basis and a yield of 1.9%. First Savings Financial Group’s dividend payout ratio is currently 19.34%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of First Savings Financial Group in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, First Savings Financial Group has an average rating of “Buy” and a consensus target price of $32.33.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in First Savings Financial Group by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 283,020 shares of the bank’s stock worth $8,895,000 after purchasing an additional 744 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of First Savings Financial Group during the 3rd quarter worth $27,000. Raymond James Financial Inc. bought a new stake in shares of First Savings Financial Group during the 2nd quarter worth $26,000. BNP Paribas Financial Markets grew its stake in First Savings Financial Group by 163.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,128 shares of the bank’s stock valued at $67,000 after buying an additional 1,320 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in First Savings Financial Group by 3.3% in the 2nd quarter. Bridgeway Capital Management LLC now owns 53,648 shares of the bank’s stock worth $1,343,000 after acquiring an additional 1,690 shares during the period. 35.22% of the stock is owned by institutional investors.

About First Savings Financial Group

First Savings Financial Group, Inc is a bank holding company headquartered in Fairfield, Iowa, serving as the parent of First Savings Bank. The company operates as a community-based financial services provider, offering banking and financial products to individuals, small businesses, and agricultural clients in its regional markets.

Through its subsidiary First Savings Bank, the company delivers a suite of deposit and lending solutions that includes checking and savings accounts, consumer and residential mortgage loans, commercial and agricultural lending, and treasury management services.