Shares of First Financial Northwest, Inc. (NASDAQ:FFNW) have been given an average broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.

Brokerages have set a 12 month consensus price objective of $18.50 for the company and are anticipating that the company will post $0.25 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Financial Northwest an industry rank of 232 out of 256 based on the ratings given to related companies.

A number of analysts recently weighed in on FFNW shares. ValuEngine raised shares of WPP from a “sell” rating to a “hold” rating in a research note on Wednesday, June 19th. Zacks Investment Research lowered shares of First Merchants from a “hold” rating to a “sell” rating in a research report on Monday, July 1st.

NASDAQ FFNW remained flat at $$14.17 on Wednesday. 4,556 shares of the company were exchanged, compared to its average volume of 15,803. The stock has a market capitalization of $147.02 million, a PE ratio of 9.91, a price-to-earnings-growth ratio of 2.13 and a beta of 0.23. The business has a 50 day moving average of $14.56. First Financial Northwest has a twelve month low of $13.26 and a twelve month high of $20.93. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.13 and a quick ratio of 1.13.

First Financial Northwest (NASDAQ:FFNW) last posted its earnings results on Thursday, April 25th. The bank reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.05). The business had revenue of $10.55 million during the quarter, compared to the consensus estimate of $11.28 million. First Financial Northwest had a net margin of 16.87% and a return on equity of 6.53%. As a group, equities research analysts anticipate that First Financial Northwest will post 0.95 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Friday, June 7th were given a $0.09 dividend. The ex-dividend date of this dividend was Thursday, June 6th. This is a positive change from First Financial Northwest’s previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a yield of 2.54%. First Financial Northwest’s payout ratio is 25.17%.

In other news, Director Kevin D. Padrick purchased 6,489 shares of First Financial Northwest stock in a transaction on Friday, May 31st. The shares were purchased at an average cost of $15.05 per share, for a total transaction of $97,659.45. Following the completion of the transaction, the director now directly owns 52,231 shares in the company, valued at $786,076.55. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kevin D. Padrick purchased 17,540 shares of First Financial Northwest stock in a transaction on Wednesday, June 12th. The stock was purchased at an average price of $15.05 per share, for a total transaction of $263,977.00. Following the completion of the transaction, the director now owns 66,934 shares of the company’s stock, valued at $1,007,356.70. The disclosure for this purchase can be found here. 6.87% of the stock is owned by insiders.

Large investors have recently added to or reduced their stakes in the business. BNP Paribas Arbitrage SA boosted its position in First Financial Northwest by 732.4% in the first quarter. BNP Paribas Arbitrage SA now owns 1,748 shares of the bank’s stock valued at $28,000 after buying an additional 1,538 shares in the last quarter. Rhumbline Advisers acquired a new position in First Financial Northwest in the fourth quarter valued at about $174,000. First Trust Advisors LP boosted its position in First Financial Northwest by 18.7% in the fourth quarter. First Trust Advisors LP now owns 14,955 shares of the bank’s stock valued at $231,000 after buying an additional 2,355 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in First Financial Northwest by 7.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 18,259 shares of the bank’s stock valued at $288,000 after buying an additional 1,234 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its position in First Financial Northwest by 23.3% in the first quarter. Acadian Asset Management LLC now owns 60,308 shares of the bank’s stock valued at $949,000 after buying an additional 11,400 shares in the last quarter. Hedge funds and other institutional investors own 45.41% of the company’s stock.

First Financial Northwest Company Profile

First Financial Northwest, Inc operates as the holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest bearing accounts, interest-bearing demand accounts, money market deposit accounts, statement savings accounts, and certificates of deposit.

See Also: Bar Chart

Get a free copy of the Zacks research report on First Financial Northwest (FFNW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for First Financial Northwest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Financial Northwest and related companies with MarketBeat.com's FREE daily email newsletter.