First Northwest Bancorp (NASDAQ:FNWB) Stock Passes Above 50 Day Moving Average - Should You Sell?

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.60 and traded as high as $10.65. First Northwest Bancorp shares last traded at $9.96, with a volume of 27,581 shares traded.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on FNWB shares. Hovde Group started coverage on First Northwest Bancorp in a research report on Monday, January 13th. They set an "outperform" rating and a $13.50 price objective for the company. StockNews.com initiated coverage on First Northwest Bancorp in a research note on Wednesday, April 9th. They issued a "hold" rating for the company. Finally, Piper Sandler increased their price objective on First Northwest Bancorp from $11.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd.

First Northwest Bancorp Price Performance

The company's 50-day simple moving average is $10.54 and its 200 day simple moving average is $10.55. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.08. The stock has a market capitalization of $92.95 million, a price-to-earnings ratio of -28.13 and a beta of 0.81.

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.38). First Northwest Bancorp had a negative net margin of 2.38% and a negative return on equity of 1.86%. Equities research analysts forecast that First Northwest Bancorp will post 0.5 EPS for the current year.

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First Northwest Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a $0.07 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.28 dividend on an annualized basis and a yield of 2.84%. First Northwest Bancorp's payout ratio is presently -80.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC increased its stake in shares of First Northwest Bancorp by 5.6% in the fourth quarter. Citadel Advisors LLC now owns 16,134 shares of the financial services provider's stock worth $165,000 after purchasing an additional 860 shares during the period. Kennedy Capital Management LLC increased its position in First Northwest Bancorp by 43.3% in the 4th quarter. Kennedy Capital Management LLC now owns 75,456 shares of the financial services provider's stock worth $770,000 after buying an additional 22,788 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of First Northwest Bancorp by 48.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 47,923 shares of the financial services provider's stock worth $489,000 after buying an additional 15,622 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of First Northwest Bancorp in the fourth quarter valued at approximately $277,000. Finally, Barclays PLC grew its stake in shares of First Northwest Bancorp by 60.5% in the third quarter. Barclays PLC now owns 6,815 shares of the financial services provider's stock worth $72,000 after acquiring an additional 2,568 shares during the last quarter. Institutional investors and hedge funds own 66.11% of the company's stock.

About First Northwest Bancorp

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit.