NASDAQ:FBNCFirst Bancorp Stock Price, Forecast & 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 (WHO). Since then, FBNC stock has decreased by 18.1% and is now trading at $21.04. 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) posted its quarterly earnings data on Tuesday, April, 28th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.06. The financial services provider had revenue of $68.46 million for 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 declared a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.18 per share on Friday, July 24th. This represents a $0.72 annualized dividend and a yield of 3.42%. The ex-dividend date is Monday, June 29th. View First Bancorp's dividend history.

4 Wall Street analysts have issued 1-year price objectives for First Bancorp's stock. Their forecasts range from $42.00 to $42.00. On average, they anticipate First Bancorp's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 99.6% from the stock's current price. View analysts' price targets for First Bancorp.

Media headlines about FBNC stock have trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. First Bancorp earned a news impact score of -2.1 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 news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about First Bancorp.

First Bancorp saw a increase in short interest in 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 trading volume of 120,200 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.6% of the shares of the 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 institutional and retail 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 $21.04.

First Bancorp has a market capitalization of $611.00 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.