First Financial Northwest's (FFNW) Neutral Rating Reaffirmed at DA Davidson

First Financial Northwest (NASDAQ:FFNW - Get Free Report)'s stock had its "neutral" rating restated by investment analysts at DA Davidson in a research report issued on Thursday,Benzinga reports. They presently have a $22.00 target price on the bank's stock. DA Davidson's price objective would suggest a potential upside of 4.07% from the company's current price. DA Davidson also issued estimates for First Financial Northwest's Q1 2025 earnings at $0.05 EPS.

Separately, StockNews.com upgraded shares of First Financial Northwest from a "sell" rating to a "hold" rating in a report on Wednesday, January 29th.

First Financial Northwest Price Performance

NASDAQ FFNW remained flat at $21.14 during mid-day trading on Thursday. 13,691 shares of the company were exchanged, compared to its average volume of 25,177. First Financial Northwest has a fifty-two week low of $20.10 and a fifty-two week high of $23.50. The company has a 50 day moving average of $21.62 and a 200 day moving average of $22.08. The stock has a market cap of $195.12 million, a PE ratio of 192.20 and a beta of 0.52. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04.

First Financial Northwest (NASDAQ:FFNW - Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The bank reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.08. First Financial Northwest had a net margin of 1.34% and a return on equity of 0.67%. Sell-side analysts anticipate that First Financial Northwest will post 0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. MetLife Investment Management LLC grew its holdings in shares of First Financial Northwest by 129.0% during the third quarter. MetLife Investment Management LLC now owns 4,113 shares of the bank's stock valued at $93,000 after buying an additional 2,317 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of First Financial Northwest by 167.3% during the third quarter. JPMorgan Chase & Co. now owns 8,009 shares of the bank's stock valued at $180,000 after purchasing an additional 5,013 shares in the last quarter. Barclays PLC lifted its position in shares of First Financial Northwest by 272.9% during the third quarter. Barclays PLC now owns 9,140 shares of the bank's stock valued at $206,000 after purchasing an additional 6,689 shares in the last quarter. B.O.S.S. Retirement Advisors LLC bought a new position in shares of First Financial Northwest during the third quarter valued at about $312,000. Finally, Empowered Funds LLC lifted its position in shares of First Financial Northwest by 5.3% during the third quarter. Empowered Funds LLC now owns 21,348 shares of the bank's stock valued at $481,000 after purchasing an additional 1,072 shares in the last quarter. 55.00% of the stock is currently owned by institutional investors and hedge funds.

First Financial Northwest Company Profile

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.