Shares of First Financial Corp (NASDAQ:THFF) have been given an average broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.
Brokerages have set a twelve-month consensus price objective of $48.00 for the company and are forecasting that the company will post $0.70 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Financial an industry rank of 12 out of 265 based on the ratings given to related companies.
THFF has been the topic of several research analyst reports. ValuEngine raised First Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $49.00 price target on shares of First Financial in a research report on Tuesday, October 24th. Zacks Investment Research lowered First Financial from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Finally, BidaskClub lowered First Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th.
First Financial (NASDAQ THFF) opened at $45.55 on Monday. The company has a market capitalization of $556.80, a P/E ratio of 15.98 and a beta of 0.85. First Financial has a 12-month low of $39.55 and a 12-month high of $53.00.
First Financial (NASDAQ:THFF) last released its quarterly earnings results on Monday, October 23rd. The bank reported $0.72 EPS for the quarter, hitting the consensus estimate of $0.72. The company had revenue of $35.65 million for the quarter, compared to analyst estimates of $35.71 million. First Financial had a return on equity of 8.11% and a net margin of 23.48%. research analysts predict that First Financial will post 2.87 earnings per share for the current fiscal year.
The business also recently announced a semiannual dividend, which will be paid on Monday, January 15th. Stockholders of record on Monday, January 8th will be issued a $0.51 dividend. The ex-dividend date is Friday, January 5th. This represents a dividend yield of 2.14%. This is a positive change from First Financial’s previous semiannual dividend of $0.50. First Financial’s payout ratio is presently 35.09%.
Several large investors have recently added to or reduced their stakes in THFF. SG Americas Securities LLC acquired a new position in shares of First Financial in the second quarter valued at approximately $102,000. OxFORD Asset Management LLP acquired a new position in shares of First Financial in the second quarter valued at approximately $224,000. Context BH Capital Management LP increased its holdings in shares of First Financial by 15.1% in the second quarter. Context BH Capital Management LP now owns 5,326 shares of the bank’s stock valued at $252,000 after purchasing an additional 700 shares during the period. Schroder Investment Management Group increased its holdings in shares of First Financial by 19.7% in the second quarter. Schroder Investment Management Group now owns 5,437 shares of the bank’s stock valued at $261,000 after purchasing an additional 896 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in shares of First Financial by 1.4% in the second quarter. Wells Fargo & Company MN now owns 7,453 shares of the bank’s stock valued at $353,000 after purchasing an additional 105 shares during the period. 53.74% of the stock is currently owned by institutional investors and hedge funds.
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About First Financial
First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.
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