Based on ratings from 3 stock analysts, the First Financial Northwest Inc stock price is expected to increase by 2.35% in 12 months. This is calculated by using the average 12-month stock price forecast for First Financial Northwest Inc. The lowest target is $22 and the highest is $23.5. Please note analyst price targets are not guaranteed and could be missed completely.
FFNW is a stock in Financial Services which has been forecasted to be worth $22.83333 as an average. On the higher end, the forecast price is $23.5 USD by Andrew Liesch from Piper Sandler and on the lower end FFNW is forecasted to be $22 by Jeff Rulis from DA Davidson.
These are the latest 20 analyst ratings of FFNW.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andrew Liesch Piper Sandler | Neutral | $23.5 | Downgrade | Jul 26, 2024 |
Wood Lay Keefe, Bruyette & Woods | Market Perform | $23.5 | Maintains | Jan 26, 2024 |
Jeff Rulis DA Davidson | Neutral | $22 | Downgrade | Jan 12, 2024 |
Andrew Liesch Piper Sandler | Overweight | $23.5 | Maintains | Jan 12, 2024 |
Wood Lay Keefe, Bruyette & Woods | Market Perform | $14 | Maintains | Apr 28, 2023 |
Jeff Rulis DA Davidson | Buy | Upgrade | Mar 17, 2021 | |
Janney Capital | Buy | Upgrade | Jul 18, 2019 | |
Janney Montgomery Scott | Buy | Upgrade | Jul 18, 2019 | |
FIG Partners | Outperform | Upgrade | Feb 12, 2018 | |
Fig Partners | Outperform | Upgrade | Feb 12, 2018 | |
Piper Sandler | Hold | Downgrade | Nov 1, 2016 | |
Sandler O'Neill | Hold | Downgrade | Nov 1, 2016 | |
FIG Partners | Market Perform | Downgrade | Feb 1, 2016 | |
Fig Partners | Market Perform | Downgrade | Feb 1, 2016 |
When did it IPO
2007
Staff Count
142
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Joseph W. Kiley III
Market Cap
$205.9M
In 2023, FFNW generated $43.3M in revenue, which was a decrease of -16.05% from the previous year. This can be seen as a signal that FFNW's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - First Financial Northwest, Inc. reported a net loss of $608,000 ($0.07 per share) for Q3 2024, down from a net income of $1.6 million in Q2 2024 and $1.5 million in Q3 2023. Year-to-date loss is $128,000.
Why It Matters - First Financial Northwest's significant net loss and decline in earnings per share signal potential financial instability, raising concerns about its future profitability and investor confidence.
Summary - First Financial Northwest (FFNW) reported a quarterly loss of $0.07 per share, matching the Zacks Consensus Estimate, compared to earnings of $0.16 per share a year earlier.
Why It Matters - FFNW's quarterly loss matches estimates but indicates a significant decline from previous earnings, raising concerns about profitability and future growth potential.
Summary - First Financial (FFNW) is expected to deliver a strong earnings report, indicating a likelihood of beating earnings expectations based on key factors.
Why It Matters - First Financial's potential for an earnings beat suggests strong financial performance, which could positively impact stock prices and investor confidence.
Summary - IDR, FFNW, and FMBH were ranked as Zacks Rank #1 (Strong Buy) momentum stocks on September 24, 2024.
Why It Matters - IDR, FFNW, and FMBH being ranked as Strong Buy indicates strong potential for price appreciation, attracting bullish sentiment and investment interest.
Summary - First Financial Northwest, Inc. received FDIC approval for Global Federal Credit Union to acquire most of First Financial Northwest Bank's assets and liabilities, pending conditions of their agreement.
Why It Matters - FDIC approval for Global Federal Credit Union's acquisition of First Financial Northwest Bank signifies a major shift in assets and liabilities, impacting shareholder value and market positioning.
Summary - First Financial Northwest, Inc. reported Q2 2024 net income of $1.6 million ($0.17 per share), reversing a Q1 loss. Year-to-date income is $480,000, down from $3.6 million in 2023.
Why It Matters - First Financial Northwest's turnaround to a net income of $1.6 million signals improved profitability, potentially enhancing investor confidence and impacting stock performance positively.