First Bancorp - FBNC Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FBNC shares.
View FBNC analyst ratings or view top-rated stocks.

3 equities research analysts have issued twelve-month price objectives for First Bancorp's shares. Their FBNC share price forecasts range from $42.00 to $47.00. On average, they expect the company's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for FBNC or view top-rated stocks among Wall Street analysts.

First Bancorp's stock was trading at $46.29 at the start of the year. Since then, FBNC shares have decreased by 17.4% and is now trading at $38.22.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our FBNC earnings forecast.

First Bancorp (NASDAQ:FBNC) posted its quarterly earnings results on Wednesday, July, 27th. The financial services provider reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.02. First Bancorp had a net margin of 29.83% and a trailing twelve-month return on equity of 11.20%.

First Bancorp declared a quarterly dividend on Thursday, September 15th. Stockholders of record on Friday, September 30th will be paid a dividend of $0.22 per share on Tuesday, October 25th. This represents a $0.88 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for FBNC.

First Bancorp (NASDAQ:FBNC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.30%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBNC will have a dividend payout ratio of 21.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FBNC.

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 variety of retail and institutional investors. Top institutional investors include State Street Corp (4.06%), Macquarie Group Ltd. (3.49%), Jennison Associates LLC (2.81%), William Blair Investment Management LLC (2.09%), Brown Advisory Inc. (1.41%) and Brown Advisory Inc. (1.40%). Insiders that own company stock include Carlie C Mclamb Jr, 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.
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Shares of FBNC stock 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.
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One share of FBNC stock can currently be purchased for approximately $38.22.

First Bancorp (NASDAQ:FBNC) has a market capitalization of $1.36 billion and generates $329.53 million in revenue each year. The financial services provider earns $95.64 million in net income (profit) each year or $3.25 on an earnings per share basis.

The company employs 1,234 workers across the globe.

First Bancorp's mailing address is 300 SW Broad Street, Southern Pines NC, 28387. The official website for the company is www.localfirstbank.com. The financial services provider can be reached via phone at (910) 246-2500 or via fax at 910-576-0662.