Shares of First Savings Financial Group Inc (NASDAQ:FSFG) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Analysts have set a 12 month consensus price objective of $75.00 for the company, according to Zacks. Zacks has also given First Savings Financial Group an industry rank of 190 out of 255 based on the ratings given to its competitors.
In related news, Director Samuel E. Eckart sold 2,000 shares of the stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $51.05, for a total value of $102,100.00. Following the completion of the transaction, the director now owns 12,766 shares of the company’s stock, valued at $651,704.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven R. Stemler purchased 1,859 shares of the company’s stock in a transaction that occurred on Wednesday, March 13th. The stock was acquired at an average cost of $53.08 per share, with a total value of $98,675.72. Following the transaction, the director now directly owns 243 shares of the company’s stock, valued at $12,898.44. The disclosure for this purchase can be found here. Insiders sold 9,532 shares of company stock valued at $486,571 in the last three months. Company insiders own 17.30% of the company’s stock.
A number of large investors have recently bought and sold shares of FSFG. Alliancebernstein L.P. raised its position in First Savings Financial Group by 17.3% in the third quarter. Alliancebernstein L.P. now owns 34,793 shares of the bank’s stock worth $2,376,000 after purchasing an additional 5,131 shares in the last quarter. BlackRock Inc. raised its position in First Savings Financial Group by 4.7% in the third quarter. BlackRock Inc. now owns 78,088 shares of the bank’s stock worth $5,331,000 after purchasing an additional 3,498 shares in the last quarter. Dimensional Fund Advisors LP raised its position in First Savings Financial Group by 15.4% in the third quarter. Dimensional Fund Advisors LP now owns 9,081 shares of the bank’s stock worth $620,000 after purchasing an additional 1,215 shares in the last quarter. Renaissance Technologies LLC acquired a new position in First Savings Financial Group in the third quarter worth about $225,000. Finally, Vanguard Group Inc raised its position in First Savings Financial Group by 1.3% in the third quarter. Vanguard Group Inc now owns 46,218 shares of the bank’s stock worth $3,155,000 after purchasing an additional 605 shares in the last quarter. 24.95% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ FSFG traded down $0.49 during mid-day trading on Thursday, hitting $53.71. The company had a trading volume of 500 shares, compared to its average volume of 2,403. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.94 and a current ratio of 0.98. First Savings Financial Group has a 12 month low of $45.36 and a 12 month high of $74.30. The stock has a market cap of $123.51 million, a PE ratio of 10.78 and a beta of 0.30.
First Savings Financial Group (NASDAQ:FSFG) last posted its quarterly earnings results on Tuesday, January 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.16. First Savings Financial Group had a net margin of 17.18% and a return on equity of 11.83%. The firm had revenue of $15.36 million during the quarter.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 8th were given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Thursday, March 7th. This is a positive change from First Savings Financial Group’s previous quarterly dividend of $0.15.
First Savings Financial Group Company Profile
First Savings Financial Group, Inc operates as the holding company for First Savings Bank that provides various banking products and services to consumers and businesses in southern Indiana. The company operates through Core Banking and SBA Lending segments. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.
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