Shares of First Financial Co. Indiana (NASDAQ:THFF) have been assigned a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold rating.
Brokerages have set a 1 year consensus price target of $48.00 for the company and are forecasting that the company will post $0.83 EPS for the current quarter, according to Zacks. Zacks has also assigned First Financial Co. Indiana an industry rank of 40 out of 255 based on the ratings given to related companies.
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A number of research firms have recently commented on THFF. BidaskClub downgraded First Financial Co. Indiana from a “sell” rating to a “strong sell” rating in a report on Tuesday, February 27th. Zacks Investment Research upgraded First Financial Co. Indiana from a “sell” rating to a “hold” rating in a report on Friday. Finally, ValuEngine downgraded First Financial Co. Indiana from a “hold” rating to a “sell” rating in a report on Tuesday.
Several hedge funds have recently added to or reduced their stakes in THFF. Bailard Inc. purchased a new stake in First Financial Co. Indiana during the 4th quarter worth $2,256,000. Cornercap Investment Counsel Inc. purchased a new stake in First Financial Co. Indiana during the 1st quarter worth $675,000. Goldman Sachs Group Inc. boosted its position in First Financial Co. Indiana by 47.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 41,369 shares of the bank’s stock worth $1,876,000 after purchasing an additional 13,398 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in First Financial Co. Indiana by 1,670.6% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,917 shares of the bank’s stock worth $631,000 after purchasing an additional 13,131 shares during the period. Finally, New York State Common Retirement Fund boosted its position in First Financial Co. Indiana by 89.8% during the 1st quarter. New York State Common Retirement Fund now owns 21,453 shares of the bank’s stock worth $892,000 after purchasing an additional 10,153 shares during the period. Institutional investors and hedge funds own 53.24% of the company’s stock.
Shares of THFF stock remained flat at $$44.50 on Friday. The stock had a trading volume of 18,978 shares, compared to its average volume of 15,251. The firm has a market cap of $545.35 million, a P/E ratio of 15.34 and a beta of 0.94. First Financial Co. Indiana has a 1-year low of $39.55 and a 1-year high of $52.35.
First Financial Co. Indiana (NASDAQ:THFF) last released its quarterly earnings data on Tuesday, April 24th. The bank reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.03). The firm had revenue of $35.58 million for the quarter, compared to analyst estimates of $35.65 million. First Financial Co. Indiana had a return on equity of 8.20% and a net margin of 19.31%. analysts expect that First Financial Co. Indiana will post 3.32 earnings per share for the current year.
The company also recently disclosed a semiannual dividend, which will be paid on Monday, July 2nd. Stockholders of record on Friday, June 15th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Thursday, June 14th. This represents a dividend yield of 2.33%. First Financial Co. Indiana’s payout ratio is 35.17%.
About First Financial Co. Indiana
First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.
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