First Savings Financial Group, Inc. (NASDAQ:FSFG - Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 11,600 shares, an increase of 46.8% from the August 31st total of 7,900 shares. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is presently 1.3 days.

A hedge fund recently raised its stake in First Savings Financial Group stock. Empowered Funds LLC grew its position in First Savings Financial Group, Inc. (NASDAQ:FSFG - Free Report) by 8.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,930 shares of the bank's stock after purchasing an additional 2,209 shares during the quarter. Empowered Funds LLC owned about 0.44% of First Savings Financial Group worth $501,000 at the end of the most recent reporting period. Institutional investors own 35.22% of the company's stock.

Shares of FSFG traded up $0.05 during mid-day trading on Friday, hitting $23.90. The company's stock had a trading volume of 9,468 shares, compared to its average volume of 6,627. The company has a current ratio of 1.16, a quick ratio of 1.09 and a debt-to-equity ratio of 2.83. The company's 50-day moving average is $22.67 and its 200-day moving average is $18.72. First Savings Financial Group has a 52-week low of $13.20 and a 52-week high of $24.50. The firm has a market capitalization of $164.50 million, a price-to-earnings ratio of 21.90 and a beta of 0.74.

First Savings Financial Group (NASDAQ:FSFG - Get Free Report) last posted its earnings results on Thursday, July 25th. The bank reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.11. First Savings Financial Group had a return on equity of 8.63% and a net margin of 6.90%. The company had revenue of $17.73 million during the quarter, compared to analyst estimates of $17.60 million. On average, equities research analysts forecast that First Savings Financial Group will post 1.75 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Friday, September 13th. First Savings Financial Group's payout ratio is currently 55.56%.

A number of equities analysts have recently commented on FSFG shares. Hovde Group assumed coverage on shares of First Savings Financial Group in a research report on Wednesday, September 11th. They set a "market perform" rating and a $24.00 target price on the stock. Piper Sandler upped their target price on First Savings Financial Group from $20.00 to $26.50 and gave the stock an "overweight" rating in a report on Wednesday, July 31st. Finally, StockNews.com assumed coverage on First Savings Financial Group in a report on Wednesday, August 14th. They issued a "buy" rating for the company.

View Our Latest Stock Analysis on FSFG

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.

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