First Bancorp Stock Price, News & Analysis (NASDAQ:FBNC)

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FBNC shares.
View FBNC analyst ratings or view top-rated stocks.

3 brokerages have issued 12 month target prices for First Bancorp's stock. Their FBNC share price targets range from $32.00 to $43.00. On average, they predict the company's share price to reach $36.33 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price.
View analysts price targets for FBNC or view top-rated stocks among Wall Street analysts.

First Bancorp's stock was trading at $42.84 at the start of the year. Since then, FBNC stock has decreased by 20.3% and is now trading at $34.13.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our FBNC earnings forecast.

First Bancorp (NASDAQ:FBNC) posted its quarterly earnings data on Wednesday, October, 25th. The financial services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.06. The financial services provider earned $99.88 million during the quarter, compared to analyst estimates of $100.09 million. First Bancorp had a trailing twelve-month return on equity of 9.24% and a net margin of 22.01%.

First Bancorp declared a quarterly dividend on Friday, September 15th. Stockholders of record on Saturday, September 30th will be paid a dividend of $0.22 per share on Wednesday, October 25th. This represents a $0.88 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for FBNC.

First Bancorp (NASDAQ:FBNC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.60%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBNC will have a dividend payout ratio of 33.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FBNC.

ETFs with the largest weight of First Bancorp (NASDAQ:FBNC) stock in their portfolio include Invesco S&P SmallCap Low Volatility ETF (XSLV).First Trust NASDAQ ABA Community Bank Index Fund (QABA).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Hawkins (HWKN), Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Apollo Global Management (APO), Ciena (CIEN) and First Data (FDC).

First Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (1.69%), Bank of New York Mellon Corp (1.39%), Victory Capital Management Inc. (1.32%), Jennison Associates LLC (1.25%), Brown Advisory Inc. (1.17%) and Northern Trust Corp (1.11%). Insiders that own company stock include Carlie C Mclamb Jr, Dexter V Perry, Elizabeth B Bostian, J Randolph Potter, Mary Clara Capel, Mason Y Garrett, Michael Goodwin Mayer, Richard H Moore and Suzanne S Deferie.
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Shares of FBNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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