Equities research analysts forecast that First Financial Co. (NASDAQ:THFF) will announce $45.00 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for First Financial’s earnings, with the lowest sales estimate coming in at $44.00 million and the highest estimate coming in at $46.00 million. First Financial posted sales of $44.67 million during the same quarter last year, which would indicate a positive year over year growth rate of 0.7%. The firm is expected to report its next earnings results on Friday, July 30th.
On average, analysts expect that First Financial will report full year sales of $181.15 million for the current fiscal year, with estimates ranging from $177.30 million to $185.00 million. For the next fiscal year, analysts anticipate that the firm will post sales of $183.25 million, with estimates ranging from $177.50 million to $189.00 million. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for First Financial.
First Financial (NASDAQ:THFF) last released its earnings results on Monday, April 26th. The bank reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.12. First Financial had a return on equity of 9.12% and a net margin of 27.39%. The company had revenue of $44.21 million for the quarter, compared to analysts’ expectations of $45.85 million.
Several institutional investors and hedge funds have recently added to or reduced their stakes in THFF. Strs Ohio grew its holdings in shares of First Financial by 109.0% in the 4th quarter. Strs Ohio now owns 18,600 shares of the bank’s stock worth $722,000 after acquiring an additional 9,700 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of First Financial by 65.4% during the 4th quarter. Nisa Investment Advisors LLC now owns 2,150 shares of the bank’s stock worth $84,000 after purchasing an additional 850 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of First Financial by 187.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,619 shares of the bank’s stock worth $63,000 after purchasing an additional 1,056 shares during the period. Parallel Advisors LLC raised its position in shares of First Financial by 97.5% in the 4th quarter. Parallel Advisors LLC now owns 1,090 shares of the bank’s stock worth $42,000 after buying an additional 538 shares during the period. Finally, Koshinski Asset Management Inc. purchased a new position in shares of First Financial in the 4th quarter worth $382,000. Institutional investors and hedge funds own 63.83% of the company’s stock.
NASDAQ THFF traded up $0.12 on Tuesday, hitting $44.66. 275 shares of the company’s stock were exchanged, compared to its average volume of 49,593. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.01. The firm has a 50-day moving average price of $44.82. First Financial has a fifty-two week low of $30.02 and a fifty-two week high of $47.00. The stock has a market cap of $604.56 million, a price-to-earnings ratio of 11.16 and a beta of 0.86.
The company also recently declared a semi-annual dividend, which will be paid on Thursday, July 1st. Investors of record on Thursday, June 17th will be issued a $0.53 dividend. This represents a dividend yield of 2.4%. The ex-dividend date is Wednesday, June 16th. First Financial’s dividend payout ratio is currently 26.97%.
First Financial Company Profile
First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.
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