First Bancorp Stock Forecast, Price & 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 shares have increased by 42.5% and is now trading at $36.62.
View which stocks have been most impacted by COVID-19.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" First Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FBNC, but not buy additional shares or sell existing shares.
View analyst ratings for First Bancorp or view MarketBeat's top 5 stock picks.

Wall Street analysts have given First Bancorp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

First Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for First Bancorp.

First Bancorp (NASDAQ:FBNC) released its quarterly earnings results on Saturday, October, 31st. The financial services provider reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.37. The financial services provider earned $76.19 million during the quarter, compared to analyst estimates of $67.19 million. First Bancorp had a net margin of 24.81% and a return on equity of 8.36%.
View First Bancorp's earnings history.

First Bancorp announced a quarterly dividend on Wednesday, December 16th. Shareholders of record on Thursday, December 31st will be given a dividend of $0.18 per share on Monday, January 25th. This represents a $0.72 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, December 30th.
View First Bancorp's dividend history.

First Bancorp pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.97%. First Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of First Bancorp is 23.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Bancorp will have a dividend payout ratio of 28.46% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.
View First Bancorp's dividend history.

6 equities research analysts have issued twelve-month price targets for First Bancorp's shares. Their forecasts range from $25.00 to $42.00. On average, they anticipate First Bancorp's share price to reach $33.50 in the next year. This suggests that the stock has a possible downside of 8.5%.
View analysts' price targets for First Bancorp or view Wall Street analyst' top-rated stocks.

Some companies that are related to First Bancorp include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), First Horizon (FHN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of FBNC's 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 plc (ABF.L) (ABF), Chaarat Gold Holdings Limited (CGH.L) (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 number of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (1.22%), State of Alaska Department of Revenue (0.08%), Dalton Greiner Hartman Maher & Co. (0.06%), Louisiana State Employees Retirement System (0.05%), Diversified Trust Co (0.03%) and Global Retirement Partners LLC (0.02%). Company insiders that own First Bancorp stock include Dennis A Wicker, Eric P Credle, Frederick Leslie Taylor, James C Crawford III, 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 Dalton Greiner Hartman Maher & Co., and Global Retirement Partners LLC.
View insider buying and selling activity for First Bancorp or view top insider-selling stocks.

FBNC stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, and Diversified Trust Co. Company insiders that have bought First Bancorp stock in the last two years include Eric P Credle, Frederick Leslie Taylor, James C Crawford III, Richard H Moore, and Virginia C Thomasson.
View insider buying and selling activity for First Bancorp or or view top insider-buying stocks.

Shares of FBNC 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.

One share of FBNC stock can currently be purchased for approximately $36.62.

First Bancorp has a market capitalization of $1.05 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 1,111 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.