First Savings Financial Group (NASDAQ:FSFG) Research Coverage Started at StockNews.com

Research analysts at StockNews.com started coverage on shares of First Savings Financial Group (NASDAQ:FSFGGet Free Report) in a research note issued on Monday. The brokerage set a “hold” rating on the bank’s stock.

Separately, Piper Sandler boosted their target price on First Savings Financial Group from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th.

Get Our Latest Research Report on First Savings Financial Group

First Savings Financial Group Price Performance

FSFG opened at $16.67 on Monday. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.09 and a quick ratio of 1.08. First Savings Financial Group has a 12 month low of $11.90 and a 12 month high of $18.54. The stock has a market capitalization of $114.69 million, a price-to-earnings ratio of 15.44 and a beta of 0.71. The business has a 50-day moving average of $16.12 and a two-hundred day moving average of $16.37.

First Savings Financial Group (NASDAQ:FSFGGet Free Report) last issued its earnings results on Thursday, April 25th. The bank reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.09. First Savings Financial Group had a return on equity of 7.91% and a net margin of 5.59%. The business had revenue of $18.05 million during the quarter, compared to analysts’ expectations of $18.00 million. On average, research analysts expect that First Savings Financial Group will post 1.39 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently raised its position in First Savings Financial Group stock. Empowered Funds LLC raised its holdings in shares of First Savings Financial Group, Inc. (NASDAQ:FSFGFree Report) by 8.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,930 shares of the bank’s stock after buying an additional 2,209 shares during the period. Empowered Funds LLC owned about 0.44% of First Savings Financial Group worth $501,000 as of its most recent SEC filing. 35.22% of the stock is owned by institutional investors.

About First Savings Financial Group

(Get Free Report)

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.

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