First Savings Financial Group (NASDAQ:FSFG) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of First Savings Financial Group (NASDAQ:FSFG) in a report issued on Wednesday. The brokerage issued a hold rating on the bank’s stock.

First Savings Financial Group Trading Down 0.4 %

Shares of NASDAQ:FSFG opened at $16.40 on Wednesday. First Savings Financial Group has a 12-month low of $11.90 and a 12-month high of $18.54. The company has a market capitalization of $112.83 million, a PE ratio of 15.19 and a beta of 0.73. The business has a 50 day moving average of $16.15 and a two-hundred day moving average of $16.49. The company has a current ratio of 1.09, a quick ratio of 1.08 and a debt-to-equity ratio of 2.21.

First Savings Financial Group (NASDAQ:FSFG) last announced its quarterly earnings results on Thursday, April 25th. The bank reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.09. First Savings Financial Group had a return on equity of 7.91% and a net margin of 5.59%. The company had revenue of $18.05 million during the quarter, compared to the consensus estimate of $18.00 million. As a group, analysts forecast that First Savings Financial Group will post 1.5 EPS for the current year.

First Savings Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date is Friday, June 14th. First Savings Financial Group’s dividend payout ratio (DPR) is presently 55.56%.

Institutional Trading of First Savings Financial Group

A hedge fund recently raised its stake in First Savings Financial Group stock. Empowered Funds LLC grew its holdings in First Savings Financial Group, Inc. (NASDAQ:FSFG) by 8.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,930 shares of the bank’s stock after buying an additional 2,209 shares during the quarter. Empowered Funds LLC owned 0.44% of First Savings Financial Group worth $501,000 as of its most recent SEC filing. 35.22% of the stock is currently owned by hedge funds and other institutional investors.

About First Savings Financial Group

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.