NASDAQ:FCCY1st Constitution Bancorp Stock Price, Forecast & News

$12.84

0.00 (0.00 %)

(As of 06/1/2020 04:00 PM ET)

Add

Compare

Today's Range

$12.84

Now: $12.84▼

$13.35

50-Day Range

$9.88

MA: $11.89▼

$13.11

52-Week Range

$9.01

Now: $12.84▼

$22.91

Volume15,798 shs

Average Volume16,301 shs

Market Capitalization$130.98 million

P/E Ratio8.68

Dividend Yield2.80%

Beta0.59

1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central, coastal, and northeastern areas of New Jersey. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and negotiable order of withdrawal accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit. It also provides commercial loans, including term loans, lines of credit, and loans secured by equipment and receivables; secured and unsecured short-to-medium term commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential and commercial properties. In addition, the company offers residential first mortgage loans secured by owner-occupied property; construction loans; reverse mortgages; second mortgage home improvement loans; home equity lines of credit; and non-residential consumer loans for automobiles, recreation vehicles, and boats, as well as secured and unsecured personal loans, and deposit account secured loans. It serves corporations, individuals, partnerships, and other community organizations, as well as small businesses and not-for-profit organizations. As of December 31, 2018, the company operated through 19 additional branch offices in Asbury Park, Cranbury, Fair Haven, Fort Lee, Freehold, Hamilton Square, Hightstown, Hillsborough, Hopewell, Jamesburg, Lawrenceville, Little Silver, Neptune City, Perth Amboy, Plainsboro, Skillman, Princeton, Rumson, and Shrewsbury, New Jersey; and 2 residential mortgage loan production offices in Forked River and Jersey City, New Jersey. 1st Constitution Bancorp was founded in 1989 and is based in Cranbury, New Jersey.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
1st Constitution Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.09, 1st Constitution Bancorp has a potential upside of 40.9% from its current price of $12.84.
Amount of Analyst Coverage
1st Constitution Bancorp has received no research coverage in the past 90 days.

1.9 Community Rank

Outperform Votes
1st Constitution Bancorp has received 173 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
1st Constitution Bancorp has received 278 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
1st Constitution Bancorp has received 61.64% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about 1st Constitution Bancorp and other stocks. Vote “Outperform” if you believe FCCY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FCCY will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
1st Constitution Bancorp is a leading dividend payer. It pays a dividend yield of 2.80%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
1st Constitution Bancorp has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of 1st Constitution Bancorp is 21.43 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, 1st Constitution Bancorp will have a dividend payout ratio of 33.96 % next year. This indicates that 1st Constitution Bancorp will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, 1st Constitution Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $156,080.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 14.33% of the stock of 1st Constitution Bancorp is held by insiders.
Percentage Held by Institutions
37.82% of the stock of 1st Constitution Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for 1st Constitution Bancorp are expected to decrease by -5.36% in the coming year, from $1.12 to $1.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of 1st Constitution Bancorp is 8.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of 1st Constitution Bancorp is 8.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.94.
Price to Book Value per Share Ratio
1st Constitution Bancorp has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.82 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FCCY

Previous Symbol

CUSIPN/A

CIK1141807

Webwww.1stconstitution.com

Phone609-655-4500

Debt

Debt-to-Equity Ratio0.76

Current Ratio0.95

Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio8.68

Forward P/E Ratio11.46

P/E GrowthN/A

Sales & Book Value

Annual Sales$68.33 million

Price / Sales1.92

Cash Flow$1.97 per share

Price / Cash Flow6.52

Book Value$19.65 per share

Price / Book0.65

Profitability

EPS (Most Recent Fiscal Year)$1.68

Net Income$13.63 million

Net Margins19.13%

Return on Equity9.71%

Return on Assets1.03%

Miscellaneous

Employees192

Outstanding Shares10,201,000

Market Cap$130.98 million

Next Earnings Date7/17/2020 (Estimated)

OptionableNot Optionable

Receive FCCY News and Ratings via Email

Sign-up to receive the latest news and ratings for FCCY and its competitors with MarketBeat's FREE daily newsletter.

1st Constitution Bancorp (NASDAQ:FCCY) Frequently Asked Questions

How has 1st Constitution Bancorp's stock been impacted by COVID-19 (Coronavirus)?

1st Constitution Bancorp's stock was trading at $15.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FCCY shares have decreased by 14.4% and is now trading at $12.84. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 1st Constitution Bancorp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 1st Constitution Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for 1st Constitution Bancorp.

When is 1st Constitution Bancorp's next earnings date?

1st Constitution Bancorp is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for 1st Constitution Bancorp.

How were 1st Constitution Bancorp's earnings last quarter?

1st Constitution Bancorp (NASDAQ:FCCY) released its quarterly earnings results on Friday, May, 1st. The financial services provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.08. The financial services provider had revenue of $15.39 million for the quarter, compared to analysts' expectations of $15.77 million. 1st Constitution Bancorp had a return on equity of 9.71% and a net margin of 19.13%. View 1st Constitution Bancorp's earnings history.

How often does 1st Constitution Bancorp pay dividends? What is the dividend yield for 1st Constitution Bancorp?

1st Constitution Bancorp announced a quarterly dividend on Friday, May 1st. Investors of record on Tuesday, May 12th will be paid a dividend of $0.09 per share on Friday, May 22nd. This represents a $0.36 annualized dividend and a yield of 2.80%. The ex-dividend date is Monday, May 11th. View 1st Constitution Bancorp's dividend history.

What price target have analysts set for FCCY?

1 Wall Street analysts have issued twelve-month price objectives for 1st Constitution Bancorp's stock. Their forecasts range from $18.09 to $18.09. On average, they anticipate 1st Constitution Bancorp's stock price to reach $18.09 in the next twelve months. This suggests a possible upside of 40.9% from the stock's current price. View analysts' price targets for 1st Constitution Bancorp.

Has 1st Constitution Bancorp been receiving favorable news coverage?

Headlines about FCCY stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. 1st Constitution Bancorp earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media 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 stock's share price in the immediate future. View the latest news about1st Constitution Bancorp.

Who are some of 1st Constitution Bancorp's key competitors?

Some companies that are related to 1st Constitution Bancorp include Dime Community Bancshares (DCOM), Waterstone Financial (WSBF), NASB Financial (NASB), Hometrust Bancshares (HTBI), Farmers & Merchants Bancorp, Inc. (OH) (FMAO), Territorial Bancorp (TBNK), First Capital (FCAP), Provident Bancorp (PVBC), BCB Bancorp (BCBP), PDL Community Bancorp (PDLB), North Dallas Bank Trust (NODB), Northrim BanCorp (NRIM), Sterling Bancorp (SBT), BankFinancial (BFIN) and Western New England Bancorp (WNEB). View all competitors.

What other stocks do shareholders of 1st Constitution Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 1st Constitution Bancorp investors own include California Resources (CRC), Phoenix New Media (FENG), Rite Aid (RAD), Cisco Systems (CSCO), Micron Technology (MU), SandRidge Energy (SD), Verizon Communications (VZ), Franklin Resources (BEN), Dominion Energy (D) and General Motors (GM).

Who are 1st Constitution Bancorp's key executives?

1st Constitution Bancorp's management team includes the following people:

Mr. Robert F. Mangano, Pres, CEO & Director (Age 73)
Mr. Stephen J. Gilhooly, Sr. VP, CFO & Treasurer (Age 67)
Mr. John T. Andreacio, Exec. VP and Chief Lending & Credit Officer (Age 56)
Mr. William M. Rue C.P.C.U., CPCU, Corp. Sec. & Director (Age 71)
Mr. Naqi A. Naqvi, Sr. VP & Chief Accounting Officer (Age 62)

What is 1st Constitution Bancorp's stock symbol?

1st Constitution Bancorp trades on the NASDAQ under the ticker symbol "FCCY."

Who are 1st Constitution Bancorp's major shareholders?

1st Constitution Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.47%), Alliancebernstein L.P. (4.19%), Siena Capital Partners GP LLC (1.51%), State Street Corp (1.33%), BHZ Capital Management LP (1.33%) and Geode Capital Management LLC (1.14%). Company insiders that own 1st Constitution Bancorp stock include Carmen M Penta, Charles S Crow III, James G Aaron, John T Andreacio and William M Rue. View institutional ownership trends for 1st Constitution Bancorp.

Which institutional investors are selling 1st Constitution Bancorp stock?

FCCY stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Group AG, Bessemer Group Inc., Russell Investments Group Ltd., First Trust Advisors LP, BHZ Capital Management LP, and Alliancebernstein L.P.. View insider buying and selling activity for 1st Constitution Bancorp.

Which institutional investors are buying 1st Constitution Bancorp stock?

FCCY stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Perigon Wealth Management LLC, Geode Capital Management LLC, State Street Corp, Rhumbline Advisers, JPMorgan Chase & Co., Bank of New York Mellon Corp, and Gateway Advisory LLC. Company insiders that have bought 1st Constitution Bancorp stock in the last two years include Carmen M Penta, Charles S Crow III, James G Aaron, John T Andreacio, and William M Rue. View insider buying and selling activity for 1st Constitution Bancorp.

How do I buy shares of 1st Constitution Bancorp?

Shares of FCCY 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.

What is 1st Constitution Bancorp's stock price today?

One share of FCCY stock can currently be purchased for approximately $12.84.

How big of a company is 1st Constitution Bancorp?

1st Constitution Bancorp has a market capitalization of $130.98 million and generates $68.33 million in revenue each year. The financial services provider earns $13.63 million in net income (profit) each year or $1.68 on an earnings per share basis. 1st Constitution Bancorp employs 192 workers across the globe.

What is 1st Constitution Bancorp's official website?

The official website for 1st Constitution Bancorp is www.1stconstitution.com.

How can I contact 1st Constitution Bancorp?

1st Constitution Bancorp's mailing address is 2650 ROUTE 130 P.O.BOX 634, CRANBURY NJ, 08512. The financial services provider can be reached via phone at 609-655-4500.

This page was last updated on 6/1/2020 by MarketBeat.com Staff