First Financial Northwest, Inc. (NASDAQ:FFNW) to Post FY2025 Earnings of $0.25 Per Share, DA Davidson Forecasts

First Financial Northwest, Inc. (NASDAQ:FFNW) – Stock analysts at DA Davidson cut their FY2025 earnings per share estimates for First Financial Northwest in a report released on Thursday, May 2nd. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $0.25 per share for the year, down from their prior estimate of $0.40. DA Davidson currently has a “Neutral” rating and a $22.00 target price on the stock. The consensus estimate for First Financial Northwest’s current full-year earnings is $0.25 per share.

Several other analysts have also recently issued reports on the stock. StockNews.com began coverage on shares of First Financial Northwest in a research report on Friday, February 2nd. They set a “sell” rating on the stock. Piper Sandler increased their target price on shares of First Financial Northwest from $14.00 to $23.50 and gave the stock an “overweight” rating in a report on Friday, January 12th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of First Financial Northwest from $15.00 to $23.50 and gave the stock a “market perform” rating in a research note on Friday, January 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, First Financial Northwest currently has a consensus rating of “Hold” and an average price target of $23.00.

First Financial Northwest Stock Performance

Shares of First Financial Northwest stock opened at $20.37 on Monday. The stock has a market capitalization of $186.87 million, a price-to-earnings ratio of 61.73 and a beta of 0.53. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.01 and a quick ratio of 1.01. The business has a 50-day moving average of $20.51 and a 200 day moving average of $17.17. First Financial Northwest has a 12 month low of $9.70 and a 12 month high of $22.17.

Institutional Investors Weigh In On First Financial Northwest

Hedge funds and other institutional investors have recently modified their holdings of the company. FNY Investment Advisers LLC acquired a new stake in First Financial Northwest in the fourth quarter valued at $117,000. Choreo LLC raised its position in shares of First Financial Northwest by 15.6% during the 4th quarter. Choreo LLC now owns 19,280 shares of the bank’s stock worth $260,000 after acquiring an additional 2,600 shares in the last quarter. Kennedy Capital Management LLC purchased a new stake in First Financial Northwest during the third quarter worth approximately $324,000. Brandywine Global Investment Management LLC boosted its holdings in First Financial Northwest by 2.1% in the third quarter. Brandywine Global Investment Management LLC now owns 94,407 shares of the bank’s stock valued at $1,201,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Black Maple Capital Management LP increased its stake in First Financial Northwest by 86.1% in the fourth quarter. Black Maple Capital Management LP now owns 97,183 shares of the bank’s stock valued at $1,310,000 after purchasing an additional 44,952 shares during the last quarter. 55.00% of the stock is currently owned by institutional investors and hedge funds.

First Financial Northwest Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.55%. The ex-dividend date was Thursday, March 14th. First Financial Northwest’s dividend payout ratio (DPR) is presently 157.58%.

First Financial Northwest Company Profile

First Financial Northwest, Inc operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest-bearing accounts, interest-bearing demand accounts, money market accounts, savings accounts, and certificates of deposit.