First Financial Northwest, Inc. to Post FY2025 Earnings of $0.25 Per Share, DA Davidson Forecasts (NASDAQ:FFNW)

First Financial Northwest, Inc. (NASDAQ:FFNW) – Investment analysts at DA Davidson lowered their FY2025 earnings per share estimates for shares of First Financial Northwest in a research report issued to clients and investors on Thursday, May 2nd. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings per share of $0.25 for the year, down from their prior forecast of $0.40. DA Davidson has a “Neutral” rating and a $22.00 price target on the stock. The consensus estimate for First Financial Northwest’s current full-year earnings is $0.25 per share.

A number of other research analysts have also commented on the stock. StockNews.com initiated coverage on shares of First Financial Northwest in a research note on Friday, February 2nd. They issued a “sell” rating on the stock. Keefe, Bruyette & Woods increased their price target on First Financial Northwest from $15.00 to $23.50 and gave the stock a “market perform” rating in a report on Friday, January 26th. Finally, Piper Sandler boosted their price objective on shares of First Financial Northwest from $14.00 to $23.50 and gave the company an “overweight” rating in a research note on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, First Financial Northwest presently has an average rating of “Hold” and a consensus target price of $23.00.

First Financial Northwest Stock Performance

Shares of FFNW opened at $20.40 on Monday. The company’s 50 day simple moving average is $20.53 and its 200-day simple moving average is $17.04. First Financial Northwest has a 12-month low of $9.70 and a 12-month high of $22.17. The firm has a market cap of $187.07 million, a PE ratio of 61.82 and a beta of 0.53. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.77.

Institutional Trading of First Financial Northwest

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Brandywine Global Investment Management LLC grew its position in First Financial Northwest by 2.1% during the third quarter. Brandywine Global Investment Management LLC now owns 94,407 shares of the bank’s stock worth $1,201,000 after buying an additional 1,900 shares during the period. Kennedy Capital Management LLC acquired a new stake in First Financial Northwest in the third quarter valued at $324,000. Choreo LLC increased its position in shares of First Financial Northwest by 15.6% in the fourth quarter. Choreo LLC now owns 19,280 shares of the bank’s stock valued at $260,000 after buying an additional 2,600 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of First Financial Northwest in the fourth quarter valued at $117,000. Finally, Black Maple Capital Management LP raised its stake in shares of First Financial Northwest by 86.1% during the 4th quarter. Black Maple Capital Management LP now owns 97,183 shares of the bank’s stock worth $1,310,000 after buying an additional 44,952 shares during the last quarter. Institutional investors and hedge funds own 55.00% of the company’s stock.

First Financial Northwest Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.55%. First Financial Northwest’s dividend payout ratio (DPR) is presently 157.58%.

About First Financial Northwest

First Financial Northwest, Inc operates as the bank 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 accounts, savings accounts, and certificates of deposit.