Equities research analysts predict that First Financial Corp (NASDAQ:THFF) will report $0.85 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for First Financial’s earnings, with the lowest EPS estimate coming in at $0.84 and the highest estimate coming in at $0.85. First Financial posted earnings per share of $1.25 during the same quarter last year, which indicates a negative year over year growth rate of 32%. The business is expected to issue its next earnings results on Tuesday, July 23rd.
On average, analysts expect that First Financial will report full year earnings of $3.57 per share for the current financial year, with EPS estimates ranging from $3.54 to $3.60. For the next financial year, analysts anticipate that the company will post earnings of $3.99 per share, with EPS estimates ranging from $3.95 to $4.03. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover First Financial.
First Financial (NASDAQ:THFF) last posted its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.79 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.03). The company had revenue of $37.06 million during the quarter, compared to the consensus estimate of $36.90 million. First Financial had a return on equity of 10.80% and a net margin of 28.30%.
A number of institutional investors have recently added to or reduced their stakes in the stock. Legal & General Group Plc grew its stake in First Financial by 4.5% in the 4th quarter. Legal & General Group Plc now owns 7,085 shares of the bank’s stock valued at $285,000 after buying an additional 304 shares in the last quarter. OLD National Bancorp IN grew its stake in First Financial by 0.6% in the 1st quarter. OLD National Bancorp IN now owns 65,929 shares of the bank’s stock valued at $2,769,000 after buying an additional 379 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in First Financial by 8.0% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 6,722 shares of the bank’s stock valued at $270,000 after buying an additional 500 shares in the last quarter. Prudential Financial Inc. grew its stake in First Financial by 0.4% in the 4th quarter. Prudential Financial Inc. now owns 141,627 shares of the bank’s stock valued at $5,686,000 after buying an additional 554 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in First Financial by 1.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 59,068 shares of the bank’s stock valued at $2,371,000 after buying an additional 636 shares in the last quarter. Institutional investors and hedge funds own 56.89% of the company’s stock.
Shares of NASDAQ:THFF traded up $0.31 during mid-day trading on Monday, reaching $39.02. The company had a trading volume of 32,500 shares, compared to its average volume of 38,632. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $475.75 million, a price-to-earnings ratio of 10.27 and a beta of 0.92. The company has a 50-day simple moving average of $39.17. First Financial has a one year low of $37.41 and a one year high of $53.05.
The firm also recently disclosed a semiannual dividend, which will be paid on Tuesday, July 2nd. Investors of record on Monday, June 17th will be paid a $0.52 dividend. This is a positive change from First Financial’s previous semiannual dividend of $0.51. The ex-dividend date is Friday, June 14th. First Financial’s payout ratio is currently 27.37%.
About First Financial
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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