First Bancorp Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" First Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FBNC, but not buy additional shares or sell existing shares.
View analyst ratings for First Bancorp or view top-rated stocks.

Wall Street analysts have given First Bancorp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

First Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for First Bancorp.

First Bancorp (NASDAQ:FBNC) released its quarterly earnings results on Monday, April, 26th. The financial services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.87 by $0.12. First Bancorp had a trailing twelve-month return on equity of 8.36% and a net margin of 24.81%.
View First Bancorp's earnings history.

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 increased by 76.8% and is now trading at $45.45.
View which stocks have been most impacted by COVID-19.

First Bancorp announced a quarterly dividend on Tuesday, March 16th. Shareholders of record on Wednesday, March 31st will be given a dividend of $0.20 per share on Sunday, April 25th. This represents a $0.80 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Tuesday, March 30th. This is a boost from First Bancorp's previous quarterly dividend of $0.18.
View First Bancorp's dividend history.

First Bancorp pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.78%. First Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of First Bancorp is 25.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bancorp will have a dividend payout ratio of 31.62% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.
View First Bancorp's dividend history.

First Bancorp issued an update on its first quarter earnings guidance on Tuesday, April, 27th. The company provided earnings per share guidance of $0.99 for the period, compared to the Thomson Reuters consensus estimate of $0.85. The company issued revenue guidance of $78.68 million, compared to the consensus revenue estimate of $75.85 million.

5 analysts have issued 12 month price objectives for First Bancorp's shares. Their forecasts range from $25.00 to $25.00. On average, they expect First Bancorp's share price to reach $25.00 in the next year. This suggests that the stock has a possible downside of 45.0%.
View analysts' price targets for First Bancorp or view top-rated stocks among Wall Street analysts.

Some companies that are related to First Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
View all of FBNC's 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), Apollo Global Management (APO), Ciena (CIEN) and First Data (FDC).

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 BlackRock Inc. (14.87%), Victory Capital Management Inc. (1.03%), Rhumbline Advisers (0.37%), Wesbanco Bank Inc. (0.16%), Alliancebernstein L.P. (0.16%) and Livingston Group Asset Management CO operating as Southport Capital Management (0.12%). Company insiders that own First Bancorp stock include Dennis A Wicker, Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Mary Clara Capel, Michael Goodwin Mayer, 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 Victory Capital Management Inc., Dalton Greiner Hartman Maher & Co., Parsec Financial Management Inc., Zurcher Kantonalbank Zurich Cantonalbank , State of Alaska Department of Revenue, Texas Permanent School Fund, The Manufacturers Life Insurance Company , and Comerica Bank. Company insiders that have sold First Bancorp company stock in the last year include Mary Clara Capel, Michael Goodwin Mayer, Richard H Moore, and Suzanne S Deferie.
View insider buying and selling activity for First Bancorp or view top insider-selling stocks.

FBNC stock was purchased by a variety of institutional investors in the last quarter, including Wesbanco Bank Inc., BlackRock Inc., Rhumbline Advisers, IndexIQ Advisors LLC, BNP Paribas Arbitrage SA, Alps Advisors Inc., and Alliancebernstein L.P.. Company insiders that have bought First Bancorp stock in the last two years include Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Richard H Moore, and Virginia C Thomasson.
View insider buying and selling activity for First Bancorp or or view top insider-buying stocks.

Shares of FBNC 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.
Compare Top Brokerages Here.

One share of FBNC stock can currently be purchased for approximately $45.45.

First Bancorp has a market capitalization of $1.29 billion 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 1,071 workers across the globe.

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

First Bancorp is headquartered at 300 SW Broad Street, Southern Pines NC, 28387.

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.