NASDAQ:FCNCA First Citizens BancShares (FCNCA) Stock Forecast, Price & News $1,247.20 -21.94 (-1.73%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$1,228.39▼$1,276.8950-Day Range$582.55▼$1,321.1152-Week Range$505.84▼$1,345.44Volume171,311 shsAverage Volume180,818 shsMarket Capitalization$18.11 billionP/E Ratio1.77Dividend Yield0.24%Price Target$1,115.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability First Citizens BancShares MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.6% Downside$1,115.50 Price TargetShort InterestHealthy4.22% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.49Upright™ Environmental ScoreNews Sentiment0.71Based on 3 Articles This WeekInsider TradingAcquiring Shares$359,254 Bought Last QuarterProj. Earnings Growth22.76%From $150.60 to $184.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.68 out of 5 starsFinance Sector364th out of 901 stocksState Commercial Banks Industry119th out of 192 stocks 1.3 Analyst's Opinion Consensus RatingFirst Citizens BancShares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,115.50, First Citizens BancShares has a forecasted downside of 10.6% from its current price of $1,247.20.Amount of Analyst CoverageFirst Citizens BancShares has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.22% of the outstanding shares of First Citizens BancShares have been sold short.Short Interest Ratio / Days to CoverFirst Citizens BancShares has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Citizens BancShares has recently decreased by 1.91%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldFirst Citizens BancShares has a dividend yield of 0.24%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Citizens BancShares has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of First Citizens BancShares is 0.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Citizens BancShares will have a dividend payout ratio of 1.62% next year. This indicates that First Citizens BancShares will be able to sustain or increase its dividend. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Citizens BancShares has received a 47.25% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for First Citizens BancShares is -0.49. Previous Next 2.1 News and Social Media Coverage News SentimentFirst Citizens BancShares has a news sentiment score of 0.71. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for First Citizens BancShares this week, compared to 3 articles on an average week.Search Interest15 people have searched for FCNCA on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added First Citizens BancShares to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Citizens BancShares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $359,254.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders13.40% of the stock of First Citizens BancShares is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions66.53% of the stock of First Citizens BancShares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for First Citizens BancShares are expected to grow by 22.76% in the coming year, from $150.60 to $184.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Citizens BancShares is 1.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.38.Price to Earnings Ratio vs. SectorThe P/E ratio of First Citizens BancShares is 1.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 160.75.Price to Book Value per Share RatioFirst Citizens BancShares has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Citizens BancShares (NASDAQ:FCNCA) StockFirst Citizens BancShares, Inc. is a bank holding company, which provides retail and commercial banking services through its subsidiaries. The company operates under the following segments: General Banking, Commercial Banking, Rail, and Corporate. The General Banking delivers services to individuals through branch networks. The Commercial Banking provides lending, leasing and other financial and advisory services to small and middle market companies. The Rail segment deals with the provision of equipment leasing and secured financing for railroads and shippers. The Corporate segment is comprised of investment securities and interest bearing cash. The company was founded on August 7, 1986 and is headquartered in Raleigh, NC.Read More Receive FCNCA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Citizens BancShares and its competitors with MarketBeat's FREE daily newsletter. Email Address FCNCA Stock News HeadlinesMay 29, 2023 | americanbankingnews.comFirst Citizens BancShares, Inc. (NASDAQ:FCNCA) Plans $0.75 Quarterly DividendMay 29, 2023 | americanbankingnews.comFirst Citizens BancShares, Inc. (NASDAQ:FCNCA) Announces $0.75 Quarterly DividendJune 1, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 24, 2023 | finance.yahoo.comRobust AUM Balance Aids Blackstone (BX) Amid Cost WoesMay 23, 2023 | finance.yahoo.com4 Reasons Why The Bancorp (TBBK) Stock is a Must Buy NowMay 23, 2023 | finance.yahoo.comHSBC/SVB: franchise value matters as much to bank rescuers as assetsMay 23, 2023 | finance.yahoo.comSVB’s New Owner Sues HSBC for Poaching Key BankersMay 22, 2023 | finance.yahoo.comCIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular SynergyJune 1, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 17, 2023 | finance.yahoo.comFirst Citizens Provides $30 Million in Financing for Amavida Living Community in FloridaMay 17, 2023 | americanbankingnews.comFirst Citizens BancShares (NASDAQ:FCNCA) Hits New 52-Week High at $1,283.98May 16, 2023 | msn.comUBS Maintains First Citizens Bancshares, Inc (NC) - (FCNCA) Buy RecommendationMay 16, 2023 | americanbankingnews.comFirst Citizens BancShares, Inc. Forecasted to Earn Q2 2023 Earnings of $42.16 Per Share (NASDAQ:FCNCA)May 15, 2023 | finance.yahoo.comBest Momentum Stocks to Buy for May 15thMay 15, 2023 | finance.yahoo.comCan First Citizens (FCNCA) Run Higher on Rising Earnings Estimates?May 15, 2023 | finance.yahoo.comWhat’s Ahead for the Banks as the Dust Settles After FailuresMay 13, 2023 | finance.yahoo.comThe Pain of Silicon Valley Bank’s Collapse Is Being Felt by These DepositorsMay 12, 2023 | seekingalpha.comFirst Citizens BancShares, Inc.May 12, 2023 | americanbankingnews.comFirst Citizens BancShares (NASDAQ:FCNCA) Shares Gap Up to $1,093.86May 12, 2023 | msn.comKeefe, Bruyette & Woods Maintains First Citizens Bancshares, Inc (NC) - (FCNCA) Outperform RecommendationMay 11, 2023 | msn.comFirst Citizens (FCNCA) Stock Soars on Enormous Gains from SVB DealMay 11, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: First Citizens BancShares (FCNCA), Renaissancere Holdings (RNR) and TCG BDC (CGBD)May 10, 2023 | reuters.comFirst Citizens BancShares records $9.8 bln gain from Silicon Valley Bank purchaseMay 10, 2023 | finance.yahoo.comFirst Citizens shares surge as SVB purchase boosts Q1 incomeMay 10, 2023 | msn.comFirst Citizens reports $9.5 billion profit on Silicon Valley Bank acquisitionMay 10, 2023 | bloomberg.comFirst Citizens Deposits Beat Estimates in Wake of SVB DealMay 10, 2023 | finanznachrichten.deFirst Citizens BancShares, Inc.: First Citizens BancShares Reports First Quarter 2023 EarningsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FCNCA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Citizens BancShares and its competitors with MarketBeat's FREE daily newsletter. Email Address FCNCA Company Calendar Last Earnings10/26/2021Ex-Dividend for 3/15 Dividend2/27/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/30/2023Today5/31/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:FCNCA CUSIP31946M10 CIK798941 Webwww.firstcitizens.com Phone(919) 716-7000Fax919-716-7074Employees10,684Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1,115.50 High Stock Price Forecast$1,206.00 Low Stock Price Forecast$1,025.00 Forecasted Upside/Downside-10.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$704.42 Trailing P/E Ratio1.77 Forward P/E Ratio8.28 P/E GrowthN/ANet Income$1.10 billion Net Margins66.92% Pretax Margin68.62% Return on Equity10.91% Return on Assets0.92% Debt Debt-to-Equity Ratio2.46 Current Ratio1.25 Quick Ratio1.25 Sales & Book Value Annual Sales$5.55 billion Price / Sales3.26 Cash Flow$120.50 per share Price / Cash Flow10.35 Book Value$1,262.74 per share Price / Book0.99Miscellaneous Outstanding Shares14,520,000Free Float12,574,000Market Cap$18.11 billion OptionableNot Optionable Beta0.99 Key ExecutivesFrank B. HoldingChairman & Chief Executive OfficerPeter M. BristowPresident, Director & Corporate Sales ExecutiveCraig Lloyd NixChief Financial OfficerJames S. BryanChief Credit Policy Officer & Executive VPWest LudwigChief Human Resources Officer & Executive VPKey CompetitorsFifth Third BancorpNASDAQ:FITBM&T BankNYSE:MTBEast West BancorpNASDAQ:EWBCSVB Financial GroupNASDAQ:SIVBCommerce BancsharesNASDAQ:CBSHView All CompetitorsInsiders & InstitutionsAlterna Wealth Management Inc.Bought 270 shares on 5/26/2023Ownership: 0.002%AWH Capital L.P.Bought 1,825 shares on 5/24/2023Ownership: 0.013%Old North State Trust LLCSold 180 shares on 5/24/2023Ownership: 0.002%Old North State Trust LLCBought 1,488 shares on 5/23/2023Ownership: 0.013%Toroso Investments LLCBought 361 shares on 5/23/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions FCNCA Stock - Frequently Asked Questions Should I buy or sell First Citizens BancShares stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Citizens BancShares in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FCNCA shares. View FCNCA analyst ratings or view top-rated stocks. What is First Citizens BancShares' stock price forecast for 2023? 2 brokerages have issued 12-month price targets for First Citizens BancShares' stock. Their FCNCA share price forecasts range from $1,025.00 to $1,206.00. On average, they anticipate the company's stock price to reach $1,115.50 in the next year. This suggests that the stock has a possible downside of 10.6%. View analysts price targets for FCNCA or view top-rated stocks among Wall Street analysts. How have FCNCA shares performed in 2023? First Citizens BancShares' stock was trading at $758.36 at the start of the year. Since then, FCNCA stock has increased by 64.5% and is now trading at $1,247.20. View the best growth stocks for 2023 here. When is First Citizens BancShares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our FCNCA earnings forecast. How were First Citizens BancShares' earnings last quarter? First Citizens BancShares, Inc. (NASDAQ:FCNCA) announced its quarterly earnings data on Tuesday, October, 26th. The bank reported $12.17 earnings per share for the quarter, beating the consensus estimate of $11.73 by $0.44. The bank had revenue of $469.83 million for the quarter, compared to analyst estimates of $459.50 million. First Citizens BancShares had a net margin of 66.92% and a trailing twelve-month return on equity of 10.91%. During the same quarter in the prior year, the firm earned $14.03 earnings per share. How often does First Citizens BancShares pay dividends? What is the dividend yield for First Citizens BancShares? First Citizens BancShares declared a quarterly dividend on Tuesday, April 25th. Stockholders of record on Wednesday, May 31st will be given a dividend of $0.75 per share on Thursday, June 15th. This represents a $3.00 annualized dividend and a yield of 0.24%. The ex-dividend date is Tuesday, May 30th. Read our dividend analysis for FCNCA. What ETFs hold First Citizens BancShares' stock? ETFs with the largest weight of First Citizens BancShares (NASDAQ:FCNCA) stock in their portfolio include iShares U.S. Regional Banks ETF (IAT), First Trust Nasdaq Bank ETF (FTXO), SPDR S&P Bank ETF (KBE), First Trust Financial AlphaDEX Fund (FXO), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Inspire Tactical Balanced ETF (RISN), SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV) and Fidelity Stocks For Inflation ETF (FCPI). Is First Citizens BancShares a good dividend stock? First Citizens BancShares (NASDAQ:FCNCA) pays an annual dividend of $3.00 per share and currently has a dividend yield of 0.24%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 0.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FCNCA will have a dividend payout ratio of 1.62% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FCNCA. What is First Citizens BancShares' stock symbol? First Citizens BancShares trades on the NASDAQ under the ticker symbol "FCNCA." Who are First Citizens BancShares' major shareholders? First Citizens BancShares' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.53%), Egerton Capital UK LLP (4.16%), Wellington Management Group LLP (2.09%), JPMorgan Chase & Co. (1.85%), State Street Corp (1.82%) and Alua Capital Management LP (1.47%). Insiders that own company stock include Craig L Nix, Daniel L Heavner, Eugene Flood Jr, Frank B Holding Jr, Harold Lee Durham Jr, Jeffery L Ward, Marisa Harney, Olivia Britton Holding, Robert R Hoppe, Robert T Newcomb and West Ludwig. View institutional ownership trends. How do I buy shares of First Citizens BancShares? Shares of FCNCA 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. Compare Top Brokerages Here. What is First Citizens BancShares' stock price today? One share of FCNCA stock can currently be purchased for approximately $1,247.20. How much money does First Citizens BancShares make? First Citizens BancShares (NASDAQ:FCNCA) has a market capitalization of $18.11 billion and generates $5.55 billion in revenue each year. The bank earns $1.10 billion in net income (profit) each year or $704.42 on an earnings per share basis. How many employees does First Citizens BancShares have? The company employs 10,684 workers across the globe. How can I contact First Citizens BancShares? First Citizens BancShares' mailing address is 4300 SIX FORKS ROAD, RALEIGH NC, 27609. The official website for the company is www.firstcitizens.com. The bank can be reached via phone at (919) 716-7000, via email at tom.heathiii@firstcitizens.com, or via fax at 919-716-7074. This page (NASDAQ:FCNCA) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Citizens BancShares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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