First Financial Northwest, Inc. (NASDAQ:FFNW) – Research analysts at FIG Partners increased their FY2018 earnings per share (EPS) estimates for shares of First Financial Northwest in a research report issued to clients and investors on Monday. FIG Partners analyst C. Marinac now forecasts that the bank will post earnings of $1.10 per share for the year, up from their prior estimate of $1.07. FIG Partners currently has a “Outperform” rating on the stock. FIG Partners also issued estimates for First Financial Northwest’s Q1 2019 earnings at $0.28 EPS, Q2 2019 earnings at $0.30 EPS, Q3 2019 earnings at $0.32 EPS, Q4 2019 earnings at $0.33 EPS and FY2019 earnings at $1.23 EPS.
First Financial Northwest (NASDAQ:FFNW) last released its earnings results on Thursday, January 25th. The bank reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.08. The firm had revenue of $10.60 million for the quarter, compared to analysts’ expectations of $10.60 million. First Financial Northwest had a return on equity of 6.54% and a net margin of 17.01%.
First Financial Northwest (NASDAQ FFNW) traded up $0.04 during midday trading on Tuesday, reaching $15.02. The company’s stock had a trading volume of 12,100 shares, compared to its average volume of 13,968. The company has a market cap of $161.01, a PE ratio of 16.83, a price-to-earnings-growth ratio of 1.35 and a beta of 0.28. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.17 and a quick ratio of 1.17. First Financial Northwest has a 12-month low of $13.13 and a 12-month high of $20.97.
Large investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company increased its position in shares of First Financial Northwest by 40.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,988 shares of the bank’s stock worth $146,000 after purchasing an additional 2,611 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of First Financial Northwest during the 3rd quarter worth approximately $181,000. Alpine Woods Capital Investors LLC acquired a new position in shares of First Financial Northwest during the 3rd quarter worth approximately $204,000. Teachers Advisors LLC increased its position in shares of First Financial Northwest by 8.9% during the 2nd quarter. Teachers Advisors LLC now owns 15,244 shares of the bank’s stock worth $246,000 after purchasing an additional 1,240 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of First Financial Northwest by 35.9% during the 3rd quarter. Wells Fargo & Company MN now owns 16,885 shares of the bank’s stock worth $288,000 after purchasing an additional 4,463 shares during the last quarter. 42.59% of the stock is currently owned by hedge funds and other institutional investors.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 9th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Thursday, March 8th. First Financial Northwest’s payout ratio is 34.57%.
First Financial Northwest Company Profile
First Financial Northwest, Inc (First Financial Northwest) is a holding company for First Financial Northwest Bank (the Bank). The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington.
Receive News & Ratings for First Financial Northwest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Financial Northwest and related companies with MarketBeat.com's FREE daily email newsletter.