First Savings Financial Group (NASDAQ:FSFG) Research Coverage Started at StockNews.com

StockNews.com assumed 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.

Separately, Piper Sandler raised their price objective on First Savings Financial Group from $19.00 to $21.00 and gave the stock an overweight rating in a research note on Tuesday, February 6th.

First Savings Financial Group Stock Performance

Shares of NASDAQ FSFG opened at $15.92 on Wednesday. The firm has a market cap of $109.52 million, a P/E ratio of 14.74 and a beta of 0.72. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.10 and a current ratio of 1.11. The stock has a fifty day moving average price of $16.27 and a two-hundred day moving average price of $16.10. First Savings Financial Group has a 1 year low of $11.74 and a 1 year high of $18.54.

First Savings Financial Group (NASDAQ:FSFG) last released its quarterly earnings data on Tuesday, January 30th. The bank reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. The business had revenue of $16.90 million during the quarter, compared to analyst estimates of $19.70 million. First Savings Financial Group had a return on equity of 7.97% and a net margin of 5.59%. Research analysts forecast that First Savings Financial Group will post 1.5 EPS for the current fiscal year.

First Savings Financial Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.77%. This is a positive change from First Savings Financial Group’s previous quarterly dividend of $0.14. First Savings Financial Group’s dividend payout ratio is presently 55.56%.

First Savings Financial Group Company Profile

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.