First Western Financial Inc (MYFW) Receives Average Recommendation of “Buy” from Analysts

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First Western Financial Inc (NASDAQ:MYFW) has been assigned a consensus broker rating score of 1.50 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy rating and one has given a strong buy rating to the company.

Brokerages have set a one year consensus target price of $22.50 for the company, according to Zacks. Zacks has also given First Western Financial an industry rank of 91 out of 255 based on the ratings given to its competitors.

Separately, Keefe, Bruyette & Woods began coverage on First Western Financial in a research report on Monday, August 13th. They set an “outperform” rating and a $24.00 price target on the stock.

An institutional investor recently bought a new position in First Western Financial stock. Bank of Montreal Can purchased a new stake in shares of First Western Financial Inc (NASDAQ:MYFW) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 19,514 shares of the company’s stock, valued at approximately $341,000. Bank of Montreal Can owned approximately 0.25% of First Western Financial as of its most recent SEC filing. 0.54% of the stock is owned by hedge funds and other institutional investors.

NASDAQ MYFW traded down $0.28 during trading hours on Tuesday, reaching $15.12. 14,300 shares of the stock traded hands, compared to its average volume of 17,766. First Western Financial has a 1 year low of $14.50 and a 1 year high of $20.95. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.07 and a current ratio of 1.12.

First Western Financial (NASDAQ:MYFW) last released its quarterly earnings results on Thursday, August 30th. The company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.02). The business had revenue of $14.47 million during the quarter. Research analysts predict that First Western Financial will post 0.82 EPS for the current year.

First Western Financial Company Profile

First Western Financial, Inc, a financial holding company, through its subsidiaries, provides an integrated suite of wealth management services comprising private banking, personal trust, investment management, mortgage loans, and institutional asset management services. It operates through three segments: Wealth Management, Capital Management, and Mortgage.

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