First Savings Financial Group (NASDAQ:FSFG) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of First Savings Financial Group (NASDAQ:FSFG) in a report released on Thursday morning. The firm issued a hold rating on the bank’s stock.

Separately, Piper Sandler lifted their price objective on First Savings Financial Group from $19.00 to $21.00 and gave the stock an overweight rating in a report on Tuesday, February 6th.

First Savings Financial Group Trading Up 0.7 %

Shares of FSFG stock traded up $0.11 on Thursday, hitting $16.16. 9,242 shares of the company’s stock traded hands, compared to its average volume of 4,349. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.10 and a current ratio of 1.11. The stock has a market capitalization of $111.18 million, a price-to-earnings ratio of 14.96 and a beta of 0.71. The company’s fifty day simple moving average is $16.21 and its 200 day simple moving average is $16.15. First Savings Financial Group has a one year low of $11.74 and a one year high of $18.54.

First Savings Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a $0.15 dividend. This is a boost from First Savings Financial Group’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, March 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.71%. First Savings Financial Group’s payout ratio is presently 55.56%.

First Savings Financial Group Company Profile

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.