First Savings Financial Group (NASDAQ:FSFG) Announces Quarterly Earnings Results, Misses Estimates By $0.06 EPS

First Savings Financial Group (NASDAQ:FSFG) released its quarterly earnings data on Tuesday. The bank reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.06), Zacks reports. First Savings Financial Group had a return on equity of 8.79% and a net margin of 10.10%.

First Savings Financial Group Stock Performance

Shares of First Savings Financial Group stock traded up $0.73 during trading on Thursday, reaching $24.68. The company’s stock had a trading volume of 7,867 shares, compared to its average volume of 10,971. The business’s 50-day moving average price is $27.12 and its 200-day moving average price is $25.02. The firm has a market cap of $170.50 million, a PE ratio of 12.47 and a beta of 0.75. First Savings Financial Group has a 52 week low of $14.55 and a 52 week high of $30.94. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 1.99.

First Savings Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a $0.15 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.43%. First Savings Financial Group’s payout ratio is presently 30.30%.

Analysts Set New Price Targets

A number of research analysts have weighed in on FSFG shares. Piper Sandler lifted their price target on shares of First Savings Financial Group from $27.50 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. StockNews.com lowered shares of First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, January 14th.

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.