Shares of First Financial Corp (NASDAQ:THFF) have been assigned a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.
Brokers have set a 12 month consensus price target of $48.00 for the company and are expecting that the company will post $0.70 EPS for the current quarter, according to Zacks. Zacks has also assigned First Financial an industry rank of 3 out of 265 based on the ratings given to its competitors.
THFF has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of First Financial from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Tuesday, December 26th. ValuEngine upgraded shares of First Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $49.00 target price on shares of First Financial in a research note on Tuesday, October 24th. Finally, BidaskClub downgraded shares of First Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th.
First Financial (NASDAQ:THFF) traded up $1.85 during midday trading on Monday, hitting $47.40. 18,560 shares of the stock were exchanged, compared to its average volume of 17,895. First Financial has a 1 year low of $39.55 and a 1 year high of $52.35. The company has a market capitalization of $579.41, a P/E ratio of 16.63 and a beta of 0.85.
First Financial (NASDAQ:THFF) last released its quarterly earnings data on Monday, October 23rd. The bank reported $0.72 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.72. First Financial had a net margin of 23.48% and a return on equity of 8.11%. The firm had revenue of $35.65 million for the quarter, compared to the consensus estimate of $35.71 million. analysts anticipate that First Financial will post 2.87 earnings per share for the current year.
The company also recently announced a semiannual dividend, which will be paid on Monday, January 15th. Shareholders of record on Monday, January 8th will be paid a $0.51 dividend. This represents a yield of 2.14%. This is an increase from First Financial’s previous semiannual dividend of $0.50. The ex-dividend date of this dividend is Friday, January 5th. First Financial’s dividend payout ratio (DPR) is 35.79%.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN boosted its stake in First Financial by 1.4% in the second quarter. Wells Fargo & Company MN now owns 7,453 shares of the bank’s stock valued at $353,000 after acquiring an additional 105 shares in the last quarter. Rhumbline Advisers boosted its stake in First Financial by 1.5% in the second quarter. Rhumbline Advisers now owns 16,071 shares of the bank’s stock valued at $760,000 after acquiring an additional 235 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in First Financial by 5.3% in the second quarter. The Manufacturers Life Insurance Company now owns 8,670 shares of the bank’s stock valued at $411,000 after acquiring an additional 438 shares in the last quarter. Voya Investment Management LLC boosted its stake in First Financial by 8.3% in the second quarter. Voya Investment Management LLC now owns 8,084 shares of the bank’s stock valued at $382,000 after acquiring an additional 618 shares in the last quarter. Finally, Context BH Capital Management LP raised its holdings in shares of First Financial by 15.1% in the second quarter. Context BH Capital Management LP now owns 5,326 shares of the bank’s stock worth $252,000 after buying an additional 700 shares during the last quarter. Institutional investors own 53.74% of the company’s stock.
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First Financial Company Profile
First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.
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