First Savings Financial Group (NASDAQ:FSFG) Shares Pass Above Two Hundred Day Moving Average of $16.13

First Savings Financial Group, Inc. (NASDAQ:FSFG)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.13 and traded as high as $16.44. First Savings Financial Group shares last traded at $16.06, with a volume of 5,426 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on FSFG shares. StockNews.com started coverage on First Savings Financial Group in a research report on Wednesday, April 24th. They issued a “hold” rating on the stock. 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 research report on Tuesday, February 6th.

First Savings Financial Group Trading Up 0.2 %

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 $110.49 million, a P/E ratio of 14.87 and a beta of 0.72. The stock has a 50-day moving average price of $16.23 and a two-hundred day moving average price of $16.13.

First Savings Financial Group (NASDAQ:FSFG) last released its quarterly earnings results on Tuesday, January 30th. The bank reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. First Savings Financial Group had a return on equity of 7.97% and a net margin of 5.59%. The company had revenue of $16.90 million for the quarter, compared to analyst estimates of $19.70 million. On average, research analysts forecast that First Savings Financial Group, Inc. will post 1.5 EPS for the current fiscal year.

First Savings Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, March 14th. This is a positive change from First Savings Financial Group’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 3.74%. First Savings Financial Group’s payout ratio is currently 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.