Analysts expect First Financial Corp (NASDAQ:THFF) to post sales of $38.10 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for First Financial’s earnings, with the lowest sales estimate coming in at $37.80 million and the highest estimate coming in at $38.40 million. First Financial reported sales of $43.65 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 12.7%. The business is scheduled to announce its next earnings report on Tuesday, July 23rd.
On average, analysts expect that First Financial will report full-year sales of $172.95 million for the current financial year, with estimates ranging from $171.20 million to $174.70 million. For the next fiscal year, analysts expect that the business will report sales of $196.60 million, with estimates ranging from $194.20 million to $199.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for First Financial.
First Financial (NASDAQ:THFF) last announced its quarterly earnings data on Tuesday, April 23rd. The bank reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.03). First Financial had a return on equity of 10.80% and a net margin of 28.30%. The company had revenue of $37.06 million for the quarter, compared to the consensus estimate of $36.90 million.
THFF has been the topic of a number of recent analyst reports. ValuEngine lowered First Financial from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. BidaskClub raised First Financial from a “sell” rating to a “hold” rating in a report on Friday, February 15th. Finally, Zacks Investment Research lowered First Financial from a “hold” rating to a “sell” rating in a report on Tuesday, April 23rd.
Hedge funds have recently bought and sold shares of the stock. Great West Life Assurance Co. Can grew its holdings in First Financial by 1,505.0% in the 4th quarter. Great West Life Assurance Co. Can now owns 1,284 shares of the bank’s stock valued at $50,000 after buying an additional 1,204 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in First Financial by 268.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the bank’s stock valued at $61,000 after buying an additional 1,100 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in First Financial by 326.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,489 shares of the bank’s stock valued at $105,000 after buying an additional 1,905 shares in the last quarter. SG Americas Securities LLC acquired a new position in First Financial in the 1st quarter valued at $111,000. Finally, Public Employees Retirement System of Ohio acquired a new position in First Financial in the 4th quarter valued at $110,000. 56.89% of the stock is currently owned by institutional investors and hedge funds.
Shares of First Financial stock traded up $0.72 on Monday, reaching $38.55. 115,900 shares of the company were exchanged, compared to its average volume of 40,632. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.05. The stock has a market cap of $464.94 million, a P/E ratio of 10.14 and a beta of 0.92. First Financial has a one year low of $37.41 and a one year high of $53.05.
The firm also recently announced a semiannual dividend, which will be paid on Tuesday, July 2nd. Investors of record on Monday, June 17th will be issued a dividend of $0.52 per share. The ex-dividend date is Friday, June 14th. This is a positive change from First Financial’s previous semiannual dividend of $0.51. First Financial’s payout ratio is presently 26.84%.
First Financial Company Profile
First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.
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