NASDAQ:FBNCFirst Bancorp Stock Price, Forecast & News

First Bancorp's stock was trading at $25.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FBNC stock has decreased by 14.1% and is now trading at $22.08. 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) issued its quarterly earnings results on Tuesday, April, 28th. The financial services provider reported $0.62 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate 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 announced a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.18 per share on Friday, July 24th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date is Monday, June 29th. View First Bancorp's dividend history.

4 Wall Street analysts have issued 12-month price objectives for First Bancorp's shares. Their forecasts range from $42.00 to $42.00. On average, they expect First Bancorp's stock price to reach $42.00 in the next year. This suggests a possible upside of 90.2% from the stock's current price. View analysts' price targets for First Bancorp.

News articles about FBNC stock have been trending negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Bancorp earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. 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 daily volume of 120,200 shares, the short-interest 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), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), 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 variety of retail and institutional investors. Top institutional shareholders include 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 purchased by a variety of institutional investors in the last quarter, including Diversified Trust 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 $22.08.

First Bancorp has a market capitalization of $641.23 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.