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

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

First Bancorp declared a quarterly dividend on Tuesday, November 19th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.18 per share on Friday, January 24th. This represents a $0.72 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Monday, December 30th. This is an increase from First Bancorp's previous quarterly dividend of $0.12. View First Bancorp's Dividend History.

First Bancorp (NASDAQ:FBNC) posted its quarterly earnings data on Wednesday, January, 22nd. The financial services provider reported $0.71 EPS for the quarter, missing the consensus estimate of $0.78 by $0.07. The financial services provider had revenue of $69.28 million for the quarter, compared to analyst estimates of $68.73 million. First Bancorp had a return on equity of 11.32% and a net margin of 29.58%. 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.

4 analysts have issued 12-month target prices for First Bancorp's stock. Their forecasts range from $42.00 to $44.00. On average, they anticipate First Bancorp's share price to reach $43.00 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for First Bancorp.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Bancorp.

Media stories about FBNC stock have trended very negative recently, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of 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 -3.4 on InfoTrie's scale. They also gave headlines 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 impact on the company's share price in the next several days. View News Stories for First Bancorp.

First Bancorp saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 276,000 shares, a drop of 5.1% from the January 15th total of 290,700 shares. Based on an average daily volume of 81,400 shares, the days-to-cover ratio is currently 3.4 days. Currently, 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), First Data (FDC), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

First Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (3.77%), Jennison Associates LLC (2.31%), State Street Corp (2.28%), Investment Counselors of Maryland LLC (2.00%), Renaissance Technologies LLC (1.56%) and Victory Capital Management Inc. (1.44%). 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 Renaissance Technologies LLC, Mendon Capital Advisors Corp, RMB Capital Management LLC, Oxford Asset Management LLP, Bank of America Corp DE, Walthausen & Co. LLC, Prudential Financial Inc. and Rothschild & Co. Asset Management US 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 for First Bancorp.

FBNC stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Victory Capital Management Inc., Victory Capital Management Inc., Bank of Montreal Can, Goldman Sachs Group Inc., Vaughan Nelson Investment Management L.P., Panagora Asset Management Inc. and Marshall Wace LLP. 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 $36.66.

First Bancorp has a market capitalization of $1.09 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.