NASDAQ:FBNC First Bancorp (FBNC) Stock Price, News & Analysis → Man who spotted Apple at $1.49 says: “Buy These 6 AI Stocks.” (From InvestorPlace) (Ad) Free FBNC Stock Alerts $32.60 +0.35 (+1.09%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$32.40▼$32.9450-Day Range$30.41▼$36.1252-Week Range$26.00▼$38.51Volume117,917 shsAverage Volume151,856 shsMarket Capitalization$1.34 billionP/E Ratio11.77Dividend Yield2.70%Price Target$33.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get First Bancorp alerts: Email Address First Bancorp MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside1.2% Upside$33.00 Price TargetShort InterestBearish2.82% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.12Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth9.58%From $2.61 to $2.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.38 out of 5 starsFinance Sector586th out of 863 stocksState Commercial Banks Industry139th out of 175 stocks 1.3 Analyst's Opinion Consensus RatingFirst Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageFirst Bancorp has received no research coverage in the past 90 days.Read more about First Bancorp's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.82% of the outstanding shares of First Bancorp have been sold short.Short Interest Ratio / Days to CoverFirst Bancorp has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in First Bancorp has recently increased by 4.50%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldFirst Bancorp pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Bancorp is 31.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Bancorp will have a dividend payout ratio of 30.77% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.Read more about First Bancorp's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FBNC. Previous Next 2.3 News and Social Media Coverage News SentimentFirst Bancorp has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for First Bancorp this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.65% of the stock of First Bancorp is held by insiders.Percentage Held by Institutions68.36% of the stock of First Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Bancorp's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for First Bancorp are expected to grow by 9.58% in the coming year, from $2.61 to $2.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Bancorp is 11.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.51.Price to Earnings Ratio vs. SectorThe P/E ratio of First Bancorp is 11.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 36.86.Price to Book Value per Share RatioFirst Bancorp has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about First Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceMan who spotted Apple at $1.49 says: “Buy These 6 AI Stocks.”Man who spotted Apple at $1.49 says: "Buy These 6 AI Stocks."And these will be the biggest winners About First Bancorp Stock (NASDAQ:FBNC)First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.Read More FBNC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FBNC Stock News HeadlinesMay 14, 2024 | finance.yahoo.comFIRST BANCORP ANNOUNCES STRATEGIC LEADERSHIP CHANGESMay 9, 2024 | markets.businessinsider.comFirstBank Focuses on Sustainable Strategies in the First Quarter of 2024April 30, 2024 | markets.businessinsider.comFNCB Stock Earnings: FNCB Bancorp Reported Results for Q1 2024April 26, 2024 | finance.yahoo.comHere's Why First Bancorp's (NASDAQ:FBNC) CEO May Not Expect A Pay Rise This YearApril 24, 2024 | markets.businessinsider.comBuy Rating Affirmed: Bank of NT Butterfield Outperforms with Strong Q1 EarningsApril 24, 2024 | finance.yahoo.comFirst Bancorp Reports First Quarter ResultsApril 23, 2024 | sfgate.comFirst Community Bancshares: Q1 Earnings SnapshotApril 20, 2024 | investing.comFirst Bancorp director buys shares worth over $28,000April 16, 2024 | bizjournals.comFoutch Brothers wage legal battle with bank over student housing buildingApril 9, 2024 | msn.comS.F.'s First Republic Bank will cease to exist next month, following JP Morgan takeoverMarch 21, 2024 | finance.yahoo.comFirst Bancorp (NASDAQ:FBNC) Has Affirmed Its Dividend Of $0.22March 17, 2024 | investing.comFirst Bancorp announces $0.22 cash dividend per shareMarch 17, 2024 | investing.comFirst Bancorp executive acquires shares worth $10,355March 15, 2024 | prnewswire.comFirst Bancorp Announces Cash DividendMarch 11, 2024 | msn.comOpening date revealed for Lancashire’s first banking hubMarch 8, 2024 | bizjournals.comServisFirst Bank makes key hire for North Carolina growth pushMarch 5, 2024 | bizjournals.comFirst Financial names new Greater Cincinnati commercial banking presidentFebruary 29, 2024 | globenewswire.comFirst Bancorp of Indiana, Inc. Announces Quarterly Cash Dividend Payable March 15, 2024February 22, 2024 | benzinga.comFirst Bancorp Stock (NASDAQ:FBNC) Earnings Dates and Earning CallsFebruary 22, 2024 | fool.comFirst Bancorp (NASDAQ: FBNC)February 16, 2024 | wsj.comFirst Bancorp (North Carolina)February 15, 2024 | msn.comChase Bank to open its first East Tennessee branches in Knoxville and MaryvilleJanuary 29, 2024 | morningstar.comNorth American Morning Briefing: Cautious Start to Fully-Booked WeekJanuary 25, 2024 | finance.yahoo.comFirst Bancorp (FBNC) Reports Q4 Earnings: What Key Metrics Have to SayJanuary 24, 2024 | finance.yahoo.comFirst Bancorp (FBNC) Surpasses Q4 Earnings EstimatesSee More Headlines Receive FBNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/25 Dividend3/27/2024Last Earnings4/24/2024Dividend Payable4/25/2024Today5/19/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:FBNC CUSIP31891010 CIK811589 Webwww.localfirstbank.com Phone(910) 246-2500Fax910-576-0662Employees1,445Year Founded1948Price Target and Rating Average Stock Price Target$33.00 High Stock Price Target$34.00 Low Stock Price Target$32.00 Potential Upside/Downside+1.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.77 Trailing P/E Ratio11.77 Forward P/E Ratio12.49 P/E GrowthN/ANet Income$104.13 million Net Margins20.58% Pretax Margin26.01% Return on Equity8.62% Return on Assets0.95% Debt Debt-to-Equity Ratio0.24 Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$390.45 million Price / Sales3.44 Cash Flow$3.33 per share Price / Cash Flow9.79 Book Value$33.42 per share Price / Book0.98Miscellaneous Outstanding Shares41,170,000Free Float39,667,000Market Cap$1.34 billion OptionableOptionable Beta1.02 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Richard Hancock Moore (Age 63)Chairman & CEO Comp: $657.92kMr. Michael G. Mayer (Age 63)President & Director Comp: $974.79kMs. Elizabeth B. Bostian (Age 43)Executive VP, General Counsel, CFO & Secretary Comp: $545.77kMr. Gregory A. Currie (Age 46)President of First Bank Comp: $604.77kMs. Blaise Buczkowski (Age 60)Executive VP, Chief Administrative Officer & Chief Accounting Officer Key Competitors1st SourceNASDAQ:SRCEFirst BuseyNASDAQ:BUSETriCo BancsharesNASDAQ:TCBKS&T BancorpNASDAQ:STBAStock Yards BancorpNASDAQ:SYBTView All CompetitorsInsiders & InstitutionsComerica BankSold 1,772 shares on 5/17/2024Ownership: 0.042%California State Teachers Retirement SystemSold 2,183 shares on 5/16/2024Ownership: 0.100%Keeley Teton Advisors LLCSold 3,550 shares on 5/15/2024Ownership: 0.334%Public Employees Retirement System of OhioSold 9,826 shares on 5/15/2024Ownership: 0.253%Price T Rowe Associates Inc. MDBought 1,434 shares on 5/15/2024Ownership: 0.082%View All Insider TransactionsView All Institutional Transactions FBNC Stock Analysis - Frequently Asked Questions Should I buy or sell First Bancorp stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FBNC shares. View FBNC analyst ratings or view top-rated stocks. What is First Bancorp's stock price target for 2024? 3 Wall Street analysts have issued 12-month target prices for First Bancorp's shares. Their FBNC share price targets range from $32.00 to $34.00. On average, they anticipate the company's stock price to reach $33.00 in the next year. This suggests a possible upside of 1.2% from the stock's current price. View analysts price targets for FBNC or view top-rated stocks among Wall Street analysts. How have FBNC shares performed in 2024? First Bancorp's stock was trading at $37.01 on January 1st, 2024. Since then, FBNC shares have decreased by 11.9% and is now trading at $32.60. View the best growth stocks for 2024 here. When is First Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our FBNC earnings forecast. How were First Bancorp's earnings last quarter? First Bancorp (NASDAQ:FBNC) posted its quarterly earnings results on Wednesday, April, 24th. The financial services provider reported $0.61 EPS for the quarter, missing the consensus estimate of $0.64 by $0.03. The financial services provider had revenue of $92.17 million for the quarter, compared to analysts' expectations of $96.12 million. First Bancorp had a trailing twelve-month return on equity of 8.62% and a net margin of 20.58%. How often does First Bancorp pay dividends? What is the dividend yield for First Bancorp? First Bancorp declared a quarterly dividend on Friday, March 15th. Shareholders of record on Sunday, March 31st will be given a dividend of $0.22 per share on Thursday, April 25th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for FBNC. Is First Bancorp a good dividend stock? First Bancorp (NASDAQ:FBNC) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.70%. The dividend payout ratio is 31.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBNC will have a dividend payout ratio of 30.77% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FBNC. What ETF holds First Bancorp's stock? First Trust NASDAQ ABA Community Bank Index Fund holds 17,322 shares of FBNC stock, representing 0.79% of its portfolio. What other stocks do shareholders of First Bancorp own? 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). Who are First Bancorp's major shareholders? First Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.81%), Westwood Holdings Group Inc. (4.44%), Jennison Associates LLC (2.53%), William Blair Investment Management LLC (1.65%), Principal Financial Group Inc. (0.52%) and Peregrine Capital Management LLC (0.44%). Insiders that own company stock include Carlie C Mclamb Jr, Dexter V Perry, Elizabeth B Bostian, J Randolph Potter, Mary Clara Capel, Mason Y Garrett, Michael Goodwin Mayer and Richard H Moore. View institutional ownership trends. How do I buy shares of First Bancorp? Shares of FBNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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