First Savings Financial Group (NASDAQ:FSFG) Shares Pass Above 200-Day Moving Average of $16.54

First Savings Financial Group, Inc. (NASDAQ:FSFG) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.54 and traded as high as $16.81. First Savings Financial Group shares last traded at $16.79, with a volume of 11,052 shares.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on First Savings Financial Group in a research note on Thursday. They set a “hold” rating for the company.

First Savings Financial Group Stock Performance

The company has a market capitalization of $115.52 million, a PE ratio of 15.55 and a beta of 0.73. The company has a debt-to-equity ratio of 2.21, a quick ratio of 1.08 and a current ratio of 1.09. The company has a 50 day moving average price of $16.26 and a 200 day moving average price of $16.54.

First Savings Financial Group (NASDAQ:FSFG) last posted its quarterly earnings results on Thursday, April 25th. The bank reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.09. The business had revenue of $18.05 million for the quarter, compared to analyst estimates of $18.00 million. First Savings Financial Group had a return on equity of 7.91% and a net margin of 5.59%. Equities analysts forecast that First Savings Financial Group, Inc. will post 1.5 EPS for the current year.

First Savings Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.57%. The ex-dividend date of this dividend is Friday, June 14th. First Savings Financial Group’s dividend payout ratio is currently 55.56%.

Institutional Investors Weigh In On First Savings Financial Group

An institutional investor recently raised its position in First Savings Financial Group stock. Empowered Funds LLC boosted its stake in First Savings Financial Group, Inc. (NASDAQ:FSFG) by 8.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,930 shares of the bank’s stock after buying an additional 2,209 shares during the period. Empowered Funds LLC owned 0.44% of First Savings Financial Group worth $501,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 35.22% of the company’s stock.

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.