First Western Financial (NASDAQ:MYFW - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.28 per share and revenue of $24,540.00 billion for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
First Western Financial (NASDAQ:MYFW - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.08). The business had revenue of $45.06 million for the quarter, compared to analyst estimates of $24.10 million. First Western Financial had a return on equity of 2.44% and a net margin of 3.33%. During the same quarter last year, the business earned $0.32 EPS. On average, analysts expect First Western Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
First Western Financial Trading Down 2.0 %
First Western Financial stock traded down $0.35 during trading on Thursday, hitting $17.59. The company's stock had a trading volume of 23,963 shares, compared to its average volume of 21,806. The stock's fifty day moving average is $20.16 and its 200 day moving average is $19.25. First Western Financial has a 1-year low of $12.84 and a 1-year high of $22.32. The stock has a market capitalization of $169.92 million, a price-to-earnings ratio of 28.37 and a beta of 0.68. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.06 and a current ratio of 1.07.
Insider Buying and Selling at First Western Financial
In other news, Director David R. Duncan sold 8,600 shares of First Western Financial stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $19.03, for a total value of $163,658.00. Following the transaction, the director now directly owns 8,760 shares of the company's stock, valued at $166,702.80. The trade was a 49.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 17.90% of the stock is owned by company insiders.
Analysts Set New Price Targets
Several brokerages have recently weighed in on MYFW. Keefe, Bruyette & Woods increased their price objective on shares of First Western Financial from $23.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, December 4th. Piper Sandler increased their price target on shares of First Western Financial from $22.00 to $23.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 10th.
View Our Latest Stock Report on First Western Financial
First Western Financial Company Profile
(
Get Free Report)
First Western Financial, Inc, a financial holding company, provides wealth advisory, private baking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, life insurance, and trust and investment management advisory products and services.
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