First Financial Corporation Indiana (NASDAQ:THFF) Hits New 1-Year High - What's Next?

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $63.12 and last traded at $63.31, with a volume of 14194 shares trading hands. The stock had previously closed at $61.83.Wall Street Analysts Forecast GrowthSeveral research firms have recently commented on THFF. Weiss Ratings reaffirmed a "buy (b)" rating on shares of First Financial Corporation Indiana in a research report on Monday. Keefe, Bruyette & Woods raised their price objective on First Financial Corporation Indiana from $61.00 to $62.00 and gave the company a "market perform" rating in a research note on Thursday, October 30th. Wall Street Zen lowered shares of First Financial Corporation Indiana from a "buy" rating to a "hold" rating in a research note on Monday, November 10th. Finally, Zacks Research upgraded shares of First Financial Corporation Indiana from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $58.00.Check Out Our Latest Analysis on THFFFirst Financial Corporation Indiana Price PerformanceThe firm's 50 day moving average price is $55.92 and its two-hundred day moving average price is $55.52. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a market cap of $753.72 million, a PE ratio of 10.20 and a beta of 0.43. First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The bank reported $1.75 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.14. The firm had revenue of $65.75 million during the quarter, compared to analyst estimates of $65.53 million. First Financial Corporation Indiana had a return on equity of 12.70% and a net margin of 21.70%. On average, research analysts expect that First Financial Corporation Indiana will post 5.41 earnings per share for the current year. First Financial Corporation Indiana Announces DividendThe firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, October 1st. First Financial Corporation Indiana's dividend payout ratio is currently 32.69%. Insider Buying and Selling at First Financial Corporation IndianaIn other news, Director James O. Mcdonald acquired 2,295 shares of the firm's stock in a transaction that occurred on Monday, October 13th. The shares were bought at an average cost of $52.25 per share, with a total value of $119,913.75. Following the acquisition, the director owned 11,757 shares in the company, valued at approximately $614,303.25. This represents a 24.25% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 5.01% of the company's stock. Institutional Trading of First Financial Corporation IndianaA number of institutional investors have recently made changes to their positions in THFF. State of Alaska Department of Revenue purchased a new stake in shares of First Financial Corporation Indiana in the 3rd quarter worth about $27,000. MAI Capital Management bought a new stake in First Financial Corporation Indiana during the second quarter worth about $31,000. EverSource Wealth Advisors LLC grew its holdings in First Financial Corporation Indiana by 400.0% in the second quarter. EverSource Wealth Advisors LLC now owns 585 shares of the bank's stock worth $32,000 after purchasing an additional 468 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of First Financial Corporation Indiana by 175.3% during the third quarter. Smartleaf Asset Management LLC now owns 592 shares of the bank's stock valued at $34,000 after purchasing an additional 377 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of First Financial Corporation Indiana during the second quarter valued at approximately $47,000. Hedge funds and other institutional investors own 72.74% of the company's stock. First Financial Corporation Indiana Company Profile (Get Free Report)First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.See AlsoFive stocks we like better than First Financial Corporation IndianaWhat is the Australian Securities Exchange (ASX) Why Consumers Are Abandoning Chipotle, Sweetgreen and CavaWhat is the S&P 500 and How It is Distinct from Other IndexesApple Stock Could Surge on Record iPhone Sales and Bold AI StrategyInvesting in Commodities: What Are They? How to Invest in ThemDividend Growth Is Heating Up: 3 Stocks With Steady Payout GainsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in First Financial Corporation Indiana Right Now?Before you consider First Financial Corporation Indiana, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Financial Corporation Indiana wasn't on the list.While First Financial Corporation Indiana currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here