StockNews.com Begins Coverage on First Savings Financial Group (NASDAQ:FSFG)

StockNews.com assumed coverage on shares of First Savings Financial Group (NASDAQ:FSFG) in a research report released on Thursday morning. The brokerage issued a hold rating on the bank’s stock.

Separately, Piper Sandler raised their price objective on shares of 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 0.7 %

Shares of First Savings Financial Group stock traded up $0.11 on Thursday, hitting $16.16. 9,242 shares of the company’s stock traded hands, compared to its average volume of 4,349. The company has a fifty day moving average of $16.21 and a two-hundred day moving average of $16.15. First Savings Financial Group has a one year low of $11.74 and a one year high of $18.54. The company has a market capitalization of $111.18 million, a price-to-earnings ratio of 14.96 and a beta of 0.71. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.11 and a quick ratio of 1.10.

First Savings Financial Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date was Thursday, March 14th. This is a boost from First Savings Financial Group’s previous quarterly dividend of $0.14. First Savings Financial Group’s dividend payout ratio is 55.56%.

About First Savings Financial Group

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.