Equities research analysts expect First Financial Northwest, Inc. (NASDAQ:FFNW) to report earnings of $0.19 per share for the current quarter, according to Zacks. Two analysts have made estimates for First Financial Northwest’s earnings. The lowest EPS estimate is $0.18 and the highest is $0.20. First Financial Northwest reported earnings per share of $0.25 in the same quarter last year, which would indicate a negative year over year growth rate of 24%. The company is scheduled to report its next quarterly earnings results on Thursday, October 22nd.
On average, analysts expect that First Financial Northwest will report full-year earnings of $0.74 per share for the current fiscal year, with EPS estimates ranging from $0.71 to $0.77. For the next financial year, analysts expect that the firm will post earnings of $0.70 per share, with EPS estimates ranging from $0.65 to $0.74. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover First Financial Northwest.
First Financial Northwest (NASDAQ:FFNW) last issued its earnings results on Tuesday, July 28th. The bank reported $0.22 EPS for the quarter, topping the consensus estimate of $0.15 by $0.07. First Financial Northwest had a net margin of 14.18% and a return on equity of 5.79%. The company had revenue of $10.86 million for the quarter, compared to the consensus estimate of $10.80 million.
A number of research analysts have issued reports on the stock. Zacks Investment Research raised shares of First Financial Northwest from a “sell” rating to a “hold” rating in a research report on Tuesday, August 4th. ValuEngine downgraded shares of First Financial Northwest from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd.
Shares of NASDAQ FFNW traded up $0.08 during mid-day trading on Tuesday, hitting $9.80. The stock had a trading volume of 20,049 shares, compared to its average volume of 19,610. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.08 and a current ratio of 1.08. First Financial Northwest has a 1 year low of $7.90 and a 1 year high of $15.47. The business has a 50 day moving average price of $9.17 and a two-hundred day moving average price of $9.95. The firm has a market cap of $98.35 million, a P/E ratio of 10.89 and a beta of 0.51.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Thursday, September 3rd. First Financial Northwest’s payout ratio is currently 38.83%.
A number of institutional investors have recently modified their holdings of the business. Acadian Asset Management LLC boosted its stake in First Financial Northwest by 13.0% in the 1st quarter. Acadian Asset Management LLC now owns 80,160 shares of the bank’s stock worth $805,000 after purchasing an additional 9,234 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in First Financial Northwest by 30.5% in the 1st quarter. JPMorgan Chase & Co. now owns 13,494 shares of the bank’s stock worth $135,000 after purchasing an additional 3,153 shares in the last quarter. Parametric Portfolio Associates LLC bought a new position in First Financial Northwest in the 1st quarter worth about $110,000. Beese Fulmer Investment Management Inc. bought a new position in First Financial Northwest in the 2nd quarter worth about $61,000. Finally, Geode Capital Management LLC boosted its stake in First Financial Northwest by 5.6% in the 1st quarter. Geode Capital Management LLC now owns 99,103 shares of the bank’s stock worth $994,000 after purchasing an additional 5,250 shares in the last quarter. 43.30% of the stock is currently owned by institutional investors and hedge funds.
First Financial Northwest Company Profile
First Financial Northwest, Inc operates as the holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest bearing accounts, interest-bearing demand accounts, money market deposit accounts, statement savings accounts, and certificates of deposit.
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