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

First Savings Financial Group (NASDAQ:FSFG) posted its quarterly earnings results 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 Trading Up 3.2 %

Shares of FSFG stock traded up $0.77 on Thursday, reaching $24.72. 7,867 shares of the company’s stock were exchanged, compared to its average volume of 10,971. The stock has a market capitalization of $170.78 million, a PE ratio of 12.48 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 current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 1.99. The company’s fifty day simple moving average is $27.12 and its 200 day simple moving average is $25.02.

First Savings Financial Group Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. StockNews.com lowered First Savings Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 14th. Piper Sandler increased 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 report on Wednesday, October 30th.

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.