Zacks: First Financial Corp (THFF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of First Financial Corp (NASDAQ:THFF) have been given a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.

Brokers have set a twelve-month consensus price objective of $50.00 for the company and are predicting that the company will post $0.90 EPS for the current quarter, according to Zacks. Zacks has also assigned First Financial an industry rank of 90 out of 255 based on the ratings given to its competitors.

Several research analysts have issued reports on THFF shares. BidaskClub cut shares of First Financial from a “buy” rating to a “hold” rating in a report on Saturday. ValuEngine cut shares of First Financial from a “hold” rating to a “sell” rating in a report on Monday, July 2nd.



Institutional investors have recently modified their holdings of the business. Kessler Investment Group LLC purchased a new position in First Financial in the second quarter worth about $102,000. Metropolitan Life Insurance Co. NY raised its holdings in shares of First Financial by 52.8% during the second quarter. Metropolitan Life Insurance Co. NY now owns 5,081 shares of the bank’s stock valued at $230,000 after purchasing an additional 1,755 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of First Financial by 149.8% during the first quarter. Legal & General Group Plc now owns 6,804 shares of the bank’s stock valued at $283,000 after purchasing an additional 4,080 shares during the last quarter. Cornerstone Wealth Management LLC purchased a new position in shares of First Financial during the second quarter valued at approximately $320,000. Finally, Citadel Advisors LLC raised its holdings in shares of First Financial by 150.7% during the second quarter. Citadel Advisors LLC now owns 13,643 shares of the bank’s stock valued at $619,000 after purchasing an additional 8,201 shares during the last quarter. 54.37% of the stock is owned by institutional investors and hedge funds.

NASDAQ:THFF traded down $0.39 during mid-day trading on Monday, hitting $44.31. 20,614 shares of the company’s stock were exchanged, compared to its average volume of 21,185. First Financial has a one year low of $40.75 and a one year high of $53.05. The firm has a market capitalization of $547.80 million, a P/E ratio of 15.28 and a beta of 0.93.

First Financial (NASDAQ:THFF) last posted its quarterly earnings data on Tuesday, October 23rd. The bank reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03. First Financial had a net margin of 23.65% and a return on equity of 10.68%. The business had revenue of $37.74 million for the quarter, compared to analyst estimates of $37.60 million. As a group, analysts anticipate that First Financial will post 3.76 earnings per share for the current year.

About First Financial

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.

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