First Bancorp Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

First Bancorp is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for First Bancorp.

First Bancorp (NASDAQ:FBNC) issued its quarterly earnings results on Monday, July, 26th. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.92 by $0.12. The financial services provider had revenue of $80.13 million for the quarter, compared to analysts' expectations of $74.57 million. First Bancorp had a trailing twelve-month return on equity of 11.75% and a net margin of 32.57%.
View First Bancorp's earnings history.

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 (WHO). Since then, FBNC stock has increased by 53.5% and is now trading at $39.44.
View which stocks have been most impacted by COVID-19.

First Bancorp declared a quarterly dividend on Wednesday, September 15th. Stockholders of record on Thursday, September 30th will be given a dividend of $0.20 per share on Monday, October 25th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Wednesday, September 29th.
View First Bancorp's dividend history.

First Bancorp pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.95%. The dividend payout ratio of First Bancorp is 30.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bancorp will have a dividend payout ratio of 24.46% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.
View First Bancorp's dividend history.

4 analysts have issued twelve-month price objectives for First Bancorp's shares. Their forecasts range from $51.00 to $51.00. On average, they anticipate First Bancorp's stock price to reach $51.00 in the next year. This suggests a possible upside of 29.3% from the stock's current price.
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), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and First Citizens BancShares (FCNCA).
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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.76%), Vanguard Group Inc. (6.52%), Dimensional Fund Advisors LP (4.67%), State Street Corp (4.12%), Macquarie Group Ltd. (3.99%) and Jennison Associates LLC (3.04%). Company insiders that own First Bancorp stock include Dennis A Wicker, Dexter V Perry, 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 Lazard Asset Management LLC, JPMorgan Chase & Co., Nuveen Asset Management LLC, Bank of America Corp DE, Russell Investments Group Ltd., Dimensional Fund Advisors LP, BlackRock Inc., and Price T Rowe Associates Inc. MD. 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 acquired by a variety of institutional investors in the last quarter, including UBS Asset Management Americas Inc., Jennison Associates LLC, Millennium Management LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, Victory Capital Management Inc., Bank of Montreal Can, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have bought First Bancorp stock in the last two years include Dexter V Perry, 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 $39.44.

First Bancorp has a market capitalization of $1.12 billion and generates $319.03 million in revenue each year. The financial services provider earns $81.48 million in net income (profit) each year or $2.59 on an earnings per share basis.

First Bancorp employs 1,095 workers across the globe.

First Bancorp was founded in 1948.

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.