Equities analysts predict that First Financial Northwest, Inc. (NASDAQ:FFNW) will announce $11.80 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for First Financial Northwest’s earnings, with the lowest sales estimate coming in at $11.59 million and the highest estimate coming in at $12.00 million. First Financial Northwest reported sales of $10.65 million during the same quarter last year, which suggests a positive year over year growth rate of 10.8%. The business is scheduled to announce its next earnings report on Tuesday, April 27th.
On average, analysts expect that First Financial Northwest will report full year sales of $46.91 million for the current financial year, with estimates ranging from $46.01 million to $47.80 million. For the next fiscal year, analysts anticipate that the company will post sales of $48.01 million, with estimates ranging from $47.12 million to $48.90 million. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover First Financial Northwest.
First Financial Northwest (NASDAQ:FFNW) last released its quarterly earnings data on Thursday, January 28th. The bank reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.07. The company had revenue of $12.30 million for the quarter, compared to analyst estimates of $11.07 million. First Financial Northwest had a net margin of 13.85% and a return on equity of 5.52%.
Shares of First Financial Northwest stock traded down $0.19 during trading on Monday, hitting $13.87. 9,436 shares of the stock were exchanged, compared to its average volume of 13,861. The stock has a market capitalization of $133.93 million, a price-to-earnings ratio of 16.13 and a beta of 0.57. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.78. The company has a fifty day moving average price of $13.82 and a 200-day moving average price of $11.73. First Financial Northwest has a 1-year low of $7.90 and a 1-year high of $15.05.
The business also recently announced a quarterly dividend, which was paid on Friday, March 26th. Investors of record on Friday, March 12th were issued a dividend of $0.11 per share. This is an increase from First Financial Northwest’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Thursday, March 11th. This represents a $0.44 annualized dividend and a dividend yield of 3.17%. First Financial Northwest’s payout ratio is presently 42.72%.
A number of hedge funds and other institutional investors have recently bought and sold shares of FFNW. O Shaughnessy Asset Management LLC boosted its holdings in First Financial Northwest by 17,340.0% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 6,104 shares of the bank’s stock valued at $56,000 after purchasing an additional 6,069 shares during the period. RSM US Wealth Management LLC bought a new stake in First Financial Northwest in the 4th quarter valued at about $143,000. Brandywine Global Investment Management LLC boosted its holdings in First Financial Northwest by 43.0% in the 4th quarter. Brandywine Global Investment Management LLC now owns 123,446 shares of the bank’s stock valued at $1,407,000 after purchasing an additional 37,149 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in First Financial Northwest by 1.3% in the 4th quarter. Renaissance Technologies LLC now owns 692,155 shares of the bank’s stock valued at $7,891,000 after purchasing an additional 8,814 shares during the period. 43.18% of the stock is owned by hedge funds and other institutional investors.
First Financial Northwest Company Profile
First Financial Northwest, Inc is a bank holding company, which engages in attracting deposits from the general public and provides lending services. Through its subsidiary, First Savings Bank Northwest, it offers commercial banking services, dynamic savings, stored savings, loaned savings, commercial savings, checking accounts, and money market accounts.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.