NASDAQ:FBNC First Bancorp (FBNC) Stock Price, News & Analysis $43.19 -0.96 (-2.17%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$42.20▼$44.8650-Day Range$29.79▼$44.1552-Week Range$26.00▼$45.41Volume422,146 shsAverage Volume159,589 shsMarket Capitalization$1.78 billionP/E Ratio15.59Dividend Yield2.04%Price Target$37.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get First Bancorp alerts: Email Address First Bancorp MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside14.3% Downside$37.00 Price TargetShort InterestHealthy2.82% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 15 Articles This WeekInsider TradingSelling Shares$30,501 Sold Last QuarterProj. Earnings Growth15.06%From $2.39 to $2.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.44 out of 5 starsFinance Sector378th out of 898 stocksState Commercial Banks Industry81st out of 181 stocks 1.4 Analyst's Opinion Consensus RatingFirst Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageFirst Bancorp has only been the subject of 1 research reports in the past 90 days.Read more about First Bancorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.82% of the outstanding shares of First Bancorp have been sold short.Short Interest Ratio / Days to CoverFirst Bancorp has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in First Bancorp has recently decreased by 0.85%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldFirst Bancorp pays a meaningful dividend of 2.24%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Bancorp is 31.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Bancorp will have a dividend payout ratio of 32.00% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.Read more about First Bancorp's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FBNC. Previous Next 3.8 News and Social Media Coverage News SentimentFirst Bancorp has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for First Bancorp this week, compared to 2 articles on an average week.Search Interest4 people have searched for FBNC on MarketBeat in the last 30 days. MarketBeat Follows2 people have added First Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $30,501.00 in company stock.Percentage Held by InsidersOnly 3.65% of the stock of First Bancorp is held by insiders.Percentage Held by Institutions68.36% of the stock of First Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Bancorp's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for First Bancorp are expected to grow by 15.06% in the coming year, from $2.39 to $2.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Bancorp is 15.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of First Bancorp is 15.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.20.Price to Book Value per Share RatioFirst Bancorp has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about First Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About First Bancorp Stock (NASDAQ:FBNC)First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.Read More FBNC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FBNC Stock News HeadlinesJune 29, 2024 | insidertrades.comInsider Selling: First Bancorp (NASDAQ:FBNC) Director Sells 1,015 Shares of StockJuly 25 at 8:00 AM | msn.comServiceNow (NOW) Q2 2024 Earnings Call TranscriptJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 24 at 11:56 PM | chron.comThe First Bancorp Inc.: Q2 Earnings SnapshotJuly 24 at 11:56 PM | markets.businessinsider.comFNLC Stock Earnings: First Bancorp Reported Results for Q2 2024July 24 at 5:14 PM | gurufocus.comFirst Bancorp Inc (FNLC) Reports Q2 2024 Earnings: EPS of $0.55, Net Income at $6. ...July 24 at 4:05 PM | prnewswire.comFirst Bancorp Reports Second Quarter ResultsJuly 22, 2024 | markets.businessinsider.comFirst Bancorp earnings preview: what to expectJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 20, 2024 | msn.comBenaisha Poole-Watson Opened The First AfroLatina-Owned FDIC Bank To Increase Black Homeownership — ‘I’m Here To Give The Funding’July 19, 2024 | msn.comAre Options Traders Betting on a Big Move in First BanCorp. (FBP) Stock?July 18, 2024 | americanbankingnews.comContrasting Blue Ridge Bankshares (NASDAQ:BRBS) & First Bancorp (NASDAQ:FBNC)July 8, 2024 | seekingalpha.comThe First Bancorp: Over 6% Dividend Yield, Earnings Likely To Turn Around SoonJune 14, 2024 | prnewswire.comFirst Bancorp Announces Cash DividendMay 29, 2024 | seekingalpha.comFirst Citizens BancShares: Short-Term Upside Coupled With Solid Long-Term PotentialMay 23, 2024 | bizjournals.comBest Places to Work 2024: First BankMay 23, 2024 | bizjournals.comMutual bank reorganizes its corporate structure to facilitate raising capital, M&AMay 14, 2024 | finance.yahoo.comFIRST BANCORP ANNOUNCES STRATEGIC LEADERSHIP CHANGESSee More Headlines Receive FBNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/25 Dividend6/28/2024Last Earnings7/24/2024Dividend Payable7/25/2024Today7/26/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:FBNC CUSIP31891010 CIK811589 Webwww.localfirstbank.com Phone(910) 246-2500Fax910-576-0662Employees1,445Year Founded1948Price Target and Rating Average Stock Price Target$37.00 High Stock Price Target$45.00 Low Stock Price Target$32.00 Potential Upside/Downside-14.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.77 Trailing P/E Ratio15.59 Forward P/E Ratio18.07 P/E GrowthN/ANet Income$104.13 million Net Margins20.17% Pretax Margin26.01% Return on Equity8.50% Return on Assets0.94% Debt Debt-to-Equity Ratio0.24 Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$546.25 million Price / Sales3.26 Cash Flow$3.62 per share Price / Cash Flow11.94 Book Value$33.40 per share Price / Book1.29Miscellaneous Outstanding Shares41,170,000Free Float39,667,000Market Cap$1.78 billion OptionableOptionable Beta1.03 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Richard Hancock Moore (Age 63)Chairman & CEO Comp: $657.92kMr. Michael G. Mayer (Age 63)President & Director Comp: $974.79kMs. Elizabeth B. Bostian (Age 43)Executive VP, General Counsel, CFO & Secretary Comp: $545.77kMr. Gregory A. Currie (Age 46)President of First Bank Comp: $604.77kMs. Blaise Buczkowski (Age 60)Executive VP, Chief Administrative Officer & Chief Accounting Officer Key CompetitorsS&T BancorpNASDAQ:STBAStock Yards BancorpNASDAQ:SYBTTriCo BancsharesNASDAQ:TCBK1st SourceNASDAQ:SRCEGreat Western BancorpNYSE:GWBView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 148,684 shares on 7/26/2024Ownership: 0.890%Louisiana State Employees Retirement SystemBought 300 shares on 7/24/2024Ownership: 0.050%Raymond James & AssociatesBought 1,026 shares on 7/19/2024Ownership: 0.169%Chatham Capital Group Inc.Bought 43,701 shares on 7/16/2024Ownership: 0.187%Diversified Trust CoBought 466 shares on 7/16/2024Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions FBNC Stock Analysis - Frequently Asked Questions How have FBNC shares performed this year? First Bancorp's stock was trading at $37.01 at the start of the year. Since then, FBNC shares have increased by 16.7% and is now trading at $43.19. View the best growth stocks for 2024 here. How were First Bancorp's earnings last quarter? First Bancorp (NASDAQ:FBNC) posted its earnings results on Wednesday, July, 24th. The financial services provider reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.11. The financial services provider earned $143.42 million during the quarter, compared to analysts' expectations of $94 million. First Bancorp had a net margin of 20.17% and a trailing twelve-month return on equity of 8.50%. Who are First Bancorp's major shareholders? Top institutional shareholders of First Bancorp include Bank of New York Mellon Corp (0.89%), Chatham Capital Group Inc. (0.19%), Raymond James & Associates (0.17%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include Mason Y Garrett, Richard H Moore, Michael Goodwin Mayer, Carlie C Mclamb Jr, Elizabeth B Bostian, Mary Clara Capel, Dexter V Perry and J Randolph Potter. View institutional ownership trends. How do I buy shares of First Bancorp? Shares of FBNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of First Bancorp own? Based on aggregate information from My MarketBeat watchlists, some other companies that First Bancorp investors own include Hawkins (HWKN), Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH) and AMC Entertainment (AMC). 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