First Savings Financial Group (NASDAQ:FSFG) Shares Cross Above Two Hundred Day Moving Average of $18.05

First Savings Financial Group, Inc. (NASDAQ:FSFGGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.05 and traded as high as $23.55. First Savings Financial Group shares last traded at $23.41, with a volume of 2,303 shares changing hands.

Analyst Upgrades and Downgrades

FSFG has been the topic of a number of research analyst reports. StockNews.com began coverage on First Savings Financial Group in a research report on Wednesday, August 14th. They set a “buy” rating on the stock. Piper Sandler raised their target price on shares of First Savings Financial Group from $20.00 to $26.50 and gave the stock an “overweight” rating in a report on Wednesday, July 31st.

View Our Latest Stock Report on First Savings Financial Group

First Savings Financial Group Stock Down 0.4 %

The firm has a market capitalization of $161.13 million, a P/E ratio of 21.68 and a beta of 0.74. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.09 and a current ratio of 1.16. The firm’s 50-day moving average is $21.21 and its 200 day moving average is $18.06.

First Savings Financial Group (NASDAQ:FSFGGet Free Report) last issued its quarterly earnings results on Thursday, July 25th. The bank reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. The company had revenue of $17.73 million for the quarter, compared to analyst estimates of $17.60 million. First Savings Financial Group had a return on equity of 8.63% and a net margin of 6.90%. As a group, equities research analysts predict that First Savings Financial Group, Inc. will post 1.75 EPS for the current fiscal year.

First Savings Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Friday, September 13th. First Savings Financial Group’s payout ratio is 55.56%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Savings Financial Group stock. Empowered Funds LLC grew its position in First Savings Financial Group, Inc. (NASDAQ:FSFGFree Report) by 8.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,930 shares of the bank’s stock after acquiring an additional 2,209 shares during the period. Empowered Funds LLC owned about 0.44% of First Savings Financial Group worth $501,000 at the end of the most recent quarter. Institutional investors and hedge funds own 35.22% of the company’s stock.

First Savings Financial Group Company Profile

(Get Free Report)

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.

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