First Citizens BancShares (FCNCA) Stock Forecast, Price & News

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our FCNCA earnings forecast.

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.

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.

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).

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.

First Citizens BancShares trades on the NASDAQ under the ticker symbol "FCNCA."

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.

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.
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One share of FCNCA stock can currently be purchased for approximately $1,247.20.

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.

The company employs 10,684 workers across the globe.

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.