Brokerages Expect First Financial Corp (THFF) to Announce $0.81 Earnings Per Share

First Financial Corp (NASDAQ:THFF) has earned an average broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.

Brokerages have set a one year consensus price objective of $44.00 for the company and are anticipating that the company will post $0.81 EPS for the current quarter, according to Zacks. Zacks has also assigned First Financial an industry rank of 96 out of 255 based on the ratings given to its competitors.

A number of research analysts have issued reports on the company. Zacks Investment Research cut First Financial from a “hold” rating to a “sell” rating in a report on Wednesday. BidaskClub cut First Financial from a “sell” rating to a “strong sell” rating in a report on Wednesday, April 10th. Finally, ValuEngine cut First Financial from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th.

Several institutional investors have recently added to or reduced their stakes in THFF. Great West Life Assurance Co. Can raised its holdings in shares of First Financial by 1,505.0% in the fourth quarter. Great West Life Assurance Co. Can now owns 1,284 shares of the bank’s stock valued at $50,000 after buying an additional 1,204 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of First Financial by 268.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the bank’s stock valued at $61,000 after buying an additional 1,100 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of First Financial in the fourth quarter valued at about $110,000. Kessler Investment Group LLC raised its holdings in shares of First Financial by 41.5% in the first quarter. Kessler Investment Group LLC now owns 3,261 shares of the bank’s stock valued at $137,000 after buying an additional 957 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its holdings in shares of First Financial by 399.9% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,844 shares of the bank’s stock valued at $154,000 after buying an additional 3,075 shares during the last quarter. 57.27% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ THFF opened at $42.12 on Thursday. The firm has a market cap of $517.31 million, a price-to-earnings ratio of 11.08 and a beta of 0.92. First Financial has a 52-week low of $37.41 and a 52-week high of $53.05.

First Financial (NASDAQ:THFF) last issued its quarterly earnings data on Friday, February 1st. The bank reported $0.90 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.01). The company had revenue of $37.83 million for the quarter, compared to the consensus estimate of $37.41 million. First Financial had a net margin of 28.33% and a return on equity of 10.93%. On average, equities research analysts anticipate that First Financial will post 3.74 EPS for the current year.

First Financial Company Profile

First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.

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