First Bancorp Stock Forecast, Price & News

First Bancorp's stock was trading at $25.70 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FBNC stock has increased by 26.3% and is now trading at $32.47.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for First Bancorp or view MarketBeat's top 5 stock picks.

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First Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for First Bancorp.

First Bancorp (NASDAQ:FBNC) released its quarterly earnings results on Saturday, October, 31st. The financial services provider reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.37. The financial services provider had revenue of $76.19 million for the quarter, compared to the consensus estimate of $67.19 million. First Bancorp had a return on equity of 8.36% and a net margin of 24.81%.
View First Bancorp's earnings history.

First Bancorp announced a quarterly dividend on Wednesday, September 16th. Investors of record on Wednesday, September 30th will be given a dividend of $0.18 per share on Friday, October 23rd. This represents a $0.72 annualized dividend and a dividend yield of 2.22%. The ex-dividend date is Tuesday, September 29th.
View First Bancorp's dividend history.

6 brokers have issued 12 month target prices for First Bancorp's stock. Their forecasts range from $25.00 to $42.00. On average, they anticipate First Bancorp's stock price to reach $33.50 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts' price targets for First Bancorp.

First Bancorp saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 599,900 shares, an increase of 36.1% from the October 31st total of 440,900 shares. Based on an average trading volume of 290,200 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.2% of the shares of the stock are short sold.
View First Bancorp's Short Interest.

Some companies that are related to First Bancorp include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), First Horizon National (FHN), Zions Bancorporation, National Association (ZION), East West Bancorp (EWBC), Signature Bank (SBNY) and Prosperity Bancshares (PB).
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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 plc (ABF.L) (ABF), Chaarat Gold Holdings Limited (CGH.L) (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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.31%), Jennison Associates LLC (2.63%), State Street Corp (2.26%), Federated Hermes Inc. (1.31%), Victory Capital Management Inc. (1.16%) and Penn Capital Management Co. Inc. (1.06%). Company insiders that own First Bancorp stock include Dennis A Wicker, Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Mary Clara Capel, Richard H Moore, 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 BlackRock Inc., Acadian Asset Management LLC, Mendon Capital Advisors Corp, Dalton Greiner Hartman Maher & Co., Victory Capital Management Inc., State Street Corp, Wells Fargo & Company MN, and New York State Common Retirement Fund.
View insider buying and selling activity for First Bancorp.

FBNC stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Thrivent Financial for Lutherans, Penn Capital Management Co. Inc., Walthausen & Co. LLC, Peregrine Capital Management LLC, AQR Capital Management LLC, First Trust Advisors LP, and GSA Capital Partners LLP. 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.

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 $32.47.

First Bancorp has a market capitalization of $929.62 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 1,065 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.