Brokerages Anticipate First Financial Corp (THFF) to Announce $0.70 EPS

Equities research analysts predict that First Financial Corp (NASDAQ:THFF) will report earnings per share (EPS) of $0.70 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for First Financial’s earnings, with the lowest EPS estimate coming in at $0.69 and the highest estimate coming in at $0.71. First Financial posted earnings per share of $0.68 during the same quarter last year, which suggests a positive year-over-year growth rate of 2.9%. The business is scheduled to announce its next earnings report on Tuesday, February 6th.

According to Zacks, analysts expect that First Financial will report full year earnings of $2.87 per share for the current fiscal year, with EPS estimates ranging from $2.86 to $2.87. For the next year, analysts expect that the business will report earnings of $3.04 per share, with EPS estimates ranging from $2.85 to $3.23. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover First Financial.

First Financial (NASDAQ:THFF) last released its earnings results on Monday, October 23rd. The bank reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. First Financial had a return on equity of 8.11% and a net margin of 23.48%. The firm had revenue of $35.65 million for the quarter, compared to analyst estimates of $35.71 million.

A number of equities research analysts have recently commented on THFF shares. Zacks Investment Research raised First Financial from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research report on Tuesday, December 26th. ValuEngine raised First Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $49.00 price target on shares of First Financial in a research report on Tuesday, October 24th. Finally, BidaskClub lowered First Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th.

A number of institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new position in First Financial in the second quarter valued at approximately $102,000. OxFORD Asset Management LLP bought a new position in shares of First Financial during the 2nd quarter worth approximately $224,000. Context BH Capital Management LP boosted its stake in shares of First Financial by 15.1% during the 2nd quarter. Context BH Capital Management LP now owns 5,326 shares of the bank’s stock worth $252,000 after acquiring an additional 700 shares during the period. Schroder Investment Management Group boosted its stake in shares of First Financial by 19.7% during the 2nd quarter. Schroder Investment Management Group now owns 5,437 shares of the bank’s stock worth $261,000 after acquiring an additional 896 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in shares of First Financial by 1.4% during the 2nd quarter. Wells Fargo & Company MN now owns 7,453 shares of the bank’s stock worth $353,000 after acquiring an additional 105 shares during the period. 53.74% of the stock is currently owned by institutional investors and hedge funds.

First Financial (NASDAQ:THFF) traded down $0.10 during trading hours on Friday, reaching $45.55. The company’s stock had a trading volume of 24,381 shares, compared to its average volume of 22,525. First Financial has a 1 year low of $39.55 and a 1 year high of $53.00. The firm has a market capitalization of $550.07, a price-to-earnings ratio of 15.98 and a beta of 0.85.

The company also recently announced a semiannual dividend, which will be paid on Monday, January 15th. Investors of record on Monday, January 8th will be given a $0.51 dividend. This represents a yield of 2.14%. The ex-dividend date of this dividend is Friday, January 5th. This is a positive change from First Financial’s previous semiannual dividend of $0.50. First Financial’s dividend payout ratio (DPR) is currently 35.09%.

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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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