NASDAQ:FBNC - First Bancorp Stock Price, Forecast & News

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

First Bancorp announced a quarterly dividend on Tuesday, November 19th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.18 per share on Friday, January 24th. This represents a $0.72 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Monday, December 30th. This is a positive change from First Bancorp's previous quarterly dividend of $0.12. View First Bancorp's Dividend History.

First Bancorp (NASDAQ:FBNC) announced its quarterly earnings results on Wednesday, January, 22nd. The financial services provider reported $0.71 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.78 by $0.07. The financial services provider had revenue of $69.28 million for the quarter, compared to the consensus estimate of $68.73 million. First Bancorp had a net margin of 29.58% and a return on equity of 11.32%. View First Bancorp's Earnings History.

First Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for First Bancorp.

3 equities research analysts have issued 1-year price objectives for First Bancorp's shares. Their forecasts range from $44.00 to $44.00. On average, they expect First Bancorp's share price to reach $44.00 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price. View Analyst Price Targets for First Bancorp.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Bancorp.

News headlines about FBNC stock have trended very negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. 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 coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for First Bancorp.

First Bancorp saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 290,700 shares, a decrease of 18.3% from the December 31st total of 355,800 shares. Based on an average daily trading volume, of 75,500 shares, the days-to-cover ratio is currently 3.9 days. Approximately 1.0% 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 PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

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), Ciena (CIEN), First Data (FDC) and Apollo Global Management (APO).

First Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.64%), Dalton Greiner Hartman Maher & Co. (0.35%), California Public Employees Retirement System (0.23%), Campbell & CO Investment Adviser LLC (0.06%) and Global Retirement Partners LLC (0.03%). Company insiders that own First Bancorp stock include Dennis A Wicker, Eric P Credle, Mary Clara Capel, Michael Goodwin Mayer, Richard H Moore, Suzanne S Deferie and Thomas F Phillips. View Institutional Ownership Trends for First Bancorp.

FBNC stock was sold by a variety of institutional investors in the last quarter, including Global Retirement Partners LLC and Peregrine Capital Management LLC. 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 for First Bancorp.

FBNC stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Campbell & CO Investment Adviser LLC and California Public Employees Retirement System. Company insiders that have bought First Bancorp stock in the last two years include Michael Goodwin Mayer, Richard H Moore and Suzanne S Deferie. View Insider Buying and Selling 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 $36.06.

First Bancorp has a market capitalization of $1.07 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 1,098 workers across the globe.View Additional Information About First Bancorp.

The official website for First Bancorp is http://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.