First Financial Corporation Indiana (NASDAQ:THFF) has been given a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating.

Brokers have set a 12 month consensus price objective of $48.00 for the company and are anticipating that the company will post $0.70 EPS for the current quarter, according to Zacks. Zacks has also assigned First Financial Corporation Indiana an industry rank of 87 out of 265 based on the ratings given to related companies.

Several research firms recently issued reports on THFF. Zacks Investment Research downgraded shares of First Financial Corporation Indiana from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. BidaskClub downgraded shares of First Financial Corporation Indiana from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $49.00 price target on shares of First Financial Corporation Indiana in a research note on Tuesday, October 24th. Finally, ValuEngine raised shares of First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th.

TRADEMARK VIOLATION WARNING: “First Financial Corporation Indiana (THFF) Receives Average Rating of “Hold” from Analysts” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/11/04/first-financial-corporation-indiana-thff-receives-average-rating-of-hold-from-analysts.html.

First Financial Corporation Indiana (THFF) traded down $1.05 during trading hours on Friday, hitting $47.65. 16,768 shares of the company traded hands, compared to its average volume of 18,920. The firm has a market cap of $582.46, a price-to-earnings ratio of 17.09 and a beta of 0.84. First Financial Corporation Indiana has a 1-year low of $39.25 and a 1-year high of $53.49.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its earnings results on Monday, October 23rd. The bank reported $0.72 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.72. First Financial Corporation Indiana had a net margin of 23.48% and a return on equity of 8.20%. The business had revenue of $35.65 million for the quarter, compared to analyst estimates of $35.71 million. analysts forecast that First Financial Corporation Indiana will post 2.87 earnings per share for the current fiscal year.

The company also recently declared a special dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 17th will be paid a dividend of $1.50 per share. This represents a yield of 2.06%. The ex-dividend date of this dividend is Thursday, November 16th. First Financial Corporation Indiana’s dividend payout ratio (DPR) is 35.09%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in shares of First Financial Corporation Indiana by 1.4% in the 2nd quarter. Wells Fargo & Company MN now owns 7,453 shares of the bank’s stock worth $353,000 after purchasing an additional 105 shares during the last quarter. Bank of America Corp DE increased its position in shares of First Financial Corporation Indiana by 7.3% in the 1st quarter. Bank of America Corp DE now owns 3,194 shares of the bank’s stock worth $152,000 after purchasing an additional 216 shares during the last quarter. Rhumbline Advisers increased its position in shares of First Financial Corporation Indiana by 1.5% in the 2nd quarter. Rhumbline Advisers now owns 16,071 shares of the bank’s stock worth $760,000 after purchasing an additional 235 shares during the last quarter. Strs Ohio increased its position in shares of First Financial Corporation Indiana by 2.0% in the 2nd quarter. Strs Ohio now owns 15,100 shares of the bank’s stock worth $714,000 after purchasing an additional 300 shares during the last quarter. Finally, American International Group Inc. increased its position in shares of First Financial Corporation Indiana by 6.8% in the 1st quarter. American International Group Inc. now owns 6,145 shares of the bank’s stock worth $292,000 after purchasing an additional 392 shares during the last quarter. 53.70% of the stock is owned by institutional investors.

First Financial Corporation Indiana 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.

Get a free copy of the Zacks research report on First Financial Corporation Indiana (THFF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for First Financial Corporation Indiana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Financial Corporation Indiana and related companies with MarketBeat.com's FREE daily email newsletter.