NASDAQ:FBNCFirst Bancorp Stock Price, Forecast & News

First Bancorp's stock was trading at $25.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FBNC shares have decreased by 13.1% and is now trading at $22.33. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Bancorp.

First Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for First Bancorp.

First Bancorp (NASDAQ:FBNC) released its quarterly earnings data on Tuesday, April, 28th. The financial services provider reported $0.62 EPS for the quarter, topping the Zacks' consensus estimate of $0.56 by $0.06. The financial services provider earned $68.46 million during the quarter, compared to analyst estimates of $68.23 million. First Bancorp had a net margin of 28.34% and a return on equity of 10.45%. View First Bancorp's earnings history.

First Bancorp announced a quarterly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.18 per share on Friday, July 24th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date of this dividend is Monday, June 29th. View First Bancorp's dividend history.

4 Wall Street analysts have issued 12-month target prices for First Bancorp's stock. Their forecasts range from $42.00 to $42.00. On average, they expect First Bancorp's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 88.1% from the stock's current price. View analysts' price targets for First Bancorp.

Media coverage about FBNC stock has been trending very negative recently, InfoTrie reports. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Bancorp earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about First Bancorp.

First Bancorp saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 445,900 shares, an increase of 16.9% from the May 31st total of 381,400 shares. Based on an average daily volume of 120,200 shares, the days-to-cover ratio is currently 3.7 days. Currently, 1.6% of the company's stock are short sold. View First Bancorp's Current Options Chain.

Some companies that are related to First Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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), First Data (FDC), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

First Bancorp trades on the NASDAQ under the ticker symbol "FBNC."

First Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.37%), Envestnet Asset Management Inc. (0.06%) and Diversified Trust Co (0.03%). Company insiders that own First Bancorp stock include Dennis A Wicker, Eric P Credle, Frederick Leslie Taylor, Mary Clara Capel, Richard H Moore, Suzanne S Deferie, Thomas F Phillips and Virginia C Thomasson. View institutional ownership trends for First Bancorp.

FBNC stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold First Bancorp company stock in the last year include Dennis A Wicker, Mary Clara Capel, and Thomas F Phillips. View insider buying and selling activity for First Bancorp.

FBNC stock was acquired by a variety of institutional investors in the last quarter, including Diversified Trust Co, and Dalton Greiner Hartman Maher & Co.. Company insiders that have bought First Bancorp stock in the last two years include Eric P Credle, Frederick Leslie Taylor, Richard H Moore, Suzanne S Deferie, and Virginia C Thomasson. View insider buying and selling activity for First Bancorp.

Shares of FBNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FBNC stock can currently be purchased for approximately $22.33.

First Bancorp has a market capitalization of $648.49 million and generates $308.70 million in revenue each year. The financial services provider earns $92.05 million in net income (profit) each year or $3.10 on an earnings per share basis. First Bancorp employs 1,111 workers across the globe.

The official website for First Bancorp is www.localfirstbank.com.

First Bancorp's mailing address is 300 SW Broad Street, Southern Pines NC, 28387. The financial services provider can be reached via phone at 910-246-2500.