First Financial Northwest, Inc. (NASDAQ:FFNW) – Investment analysts at FIG Partners issued their Q1 2018 earnings per share estimates for shares of First Financial Northwest in a research note issued to investors on Monday. FIG Partners analyst C. Marinac forecasts that the bank will post earnings of $0.25 per share for the quarter. FIG Partners currently has a “Outperform” rating on the stock. FIG Partners also issued estimates for First Financial Northwest’s Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.29 EPS and Q4 2018 earnings at $0.29 EPS.
First Financial Northwest (NASDAQ:FFNW) last announced its earnings results on Thursday, January 25th. The bank reported $0.31 EPS for the quarter, beating the consensus estimate of $0.23 by $0.08. First Financial Northwest had a return on equity of 6.54% and a net margin of 17.01%. The business had revenue of $10.60 million during the quarter, compared to the consensus estimate of $10.60 million.
Other research analysts have also issued reports about the company. Keefe, Bruyette & Woods reissued a “hold” rating and set a $19.00 price target on shares of First Financial Northwest in a research report on Friday, December 22nd. Zacks Investment Research lowered First Financial Northwest from a “hold” rating to a “strong sell” rating in a research report on Monday, October 30th.
Shares of First Financial Northwest (NASDAQ FFNW) opened at $16.34 on Wednesday. First Financial Northwest has a fifty-two week low of $13.13 and a fifty-two week high of $20.97. The company has a market capitalization of $168.86, a price-to-earnings ratio of 17.65, a PEG ratio of 1.40 and a beta of 0.28. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.36.
Large investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its position in First Financial Northwest by 40.9% during the second quarter. The Manufacturers Life Insurance Company now owns 8,988 shares of the bank’s stock valued at $146,000 after buying an additional 2,611 shares during the period. SG Americas Securities LLC acquired a new position in First Financial Northwest in the 3rd quarter worth about $181,000. Alpine Woods Capital Investors LLC acquired a new position in First Financial Northwest in the 3rd quarter worth about $204,000. Teachers Advisors LLC increased its position in First Financial Northwest by 8.9% in the 2nd quarter. Teachers Advisors LLC now owns 15,244 shares of the bank’s stock worth $246,000 after purchasing an additional 1,240 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in First Financial Northwest by 35.9% in the 3rd quarter. Wells Fargo & Company MN now owns 16,885 shares of the bank’s stock worth $288,000 after purchasing an additional 4,463 shares during the last quarter. 42.59% of the stock is currently owned by hedge funds and other institutional investors.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Investors of record on Friday, March 9th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.71%. The ex-dividend date is Thursday, March 8th. First Financial Northwest’s payout ratio is 34.57%.
First Financial Northwest Company Profile
First Financial Northwest, Inc (First Financial Northwest) is a holding company for First Financial Northwest Bank (the Bank). The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington.
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