NASDAQ:FFBC - First Financial Bancorp Stock Price, Forecast & News

First Financial Bancorp trades on the NASDAQ under the ticker symbol "FFBC."

First Financial Bancorp announced a quarterly dividend on Tuesday, January 28th. Investors of record on Monday, March 2nd will be given a dividend of $0.23 per share on Monday, March 16th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, February 28th. View First Financial Bancorp's Dividend History.

First Financial Bancorp declared that its Board of Directors has approved a share repurchase program on Monday, January 14th 2019, which permits the company to repurchase 0 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

First Financial Bancorp (NASDAQ:FFBC) released its quarterly earnings data on Thursday, January, 23rd. The bank reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.02. The bank earned $155.67 million during the quarter, compared to analyst estimates of $155.33 million. First Financial Bancorp had a return on equity of 9.56% and a net margin of 26.81%. The firm's revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.61 EPS. View First Financial Bancorp's Earnings History.

First Financial Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for First Financial Bancorp.

3 Wall Street analysts have issued 1-year price targets for First Financial Bancorp's stock. Their forecasts range from $24.00 to $30.00. On average, they expect First Financial Bancorp's stock price to reach $27.67 in the next year. This suggests a possible upside of 31.7% from the stock's current price. View Analyst Price Targets for First Financial Bancorp.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Financial Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Financial Bancorp.

News stories about FFBC stock have trended very negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media 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. First Financial Bancorp earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for First Financial Bancorp.

First Financial Bancorp saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,350,000 shares, an increase of 11.5% from the December 31st total of 3,900,000 shares. Based on an average daily trading volume, of 364,900 shares, the short-interest ratio is presently 11.9 days. Approximately 4.5% of the shares of the company are sold short. View First Financial Bancorp's Current Options Chain.

Some companies that are related to First Financial Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Financial Bancorp investors own include American Airlines Group (AAL), Pattern Energy Group (PEGI), Bank of America (BAC), General Motors (GM), Dunkin Brands Group (DNKN), eBay (EBAY), AbbVie (ABBV), Enbridge (ENB), Energy Transfer LP Unit (ET) and Freeport-McMoRan (FCX).

First Financial Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Macquarie Group Ltd. (6.35%), State Street Corp (3.58%), Vaughan Nelson Investment Management L.P. (2.39%), Neumeier Poma Investment Counsel LLC (1.70%), Bank of New York Mellon Corp (1.55%) and Geode Capital Management LLC (1.36%). Company insiders that own First Financial Bancorp stock include Anthony M Stollings, Bradley J Ringwald, Claude E Davis, J Wickliffe Ach, John T Neighbours, Knust Susan L Purkrabek, Maribeth S Rahe, Richard E Olszewski, Richard S Dennen and Vince Berta. View Institutional Ownership Trends for First Financial Bancorp.

FFBC stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Walthausen & Co. LLC, Arizona State Retirement System, Russell Investments Group Ltd., Hotchkis & Wiley Capital Management LLC, State of New Jersey Common Pension Fund D, Bank of America Corp DE and Advisor Group Inc.. Company insiders that have sold First Financial Bancorp company stock in the last year include Claude E Davis and Richard S Dennen. View Insider Buying and Selling for First Financial Bancorp.

FFBC stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Goldman Sachs Group Inc., Vaughan Nelson Investment Management L.P., State Street Corp, First Trust Advisors LP, Bank of New York Mellon Corp, Great West Life Assurance Co. Can and Victory Capital Management Inc.. Company insiders that have bought First Financial Bancorp stock in the last two years include J Wickliffe Ach, Knust Susan L Purkrabek, Maribeth S Rahe, Richard E Olszewski and Vince Berta. View Insider Buying and Selling for First Financial Bancorp.

Shares of FFBC 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.

One share of FFBC stock can currently be purchased for approximately $21.01.

First Financial Bancorp has a market capitalization of $2.07 billion and generates $738.95 million in revenue each year. The bank earns $198.07 million in net income (profit) each year or $2.14 on an earnings per share basis. First Financial Bancorp employs 2,131 workers across the globe.View Additional Information About First Financial Bancorp.

The official website for First Financial Bancorp is http://www.bankatfirst.com/.

First Financial Bancorp's mailing address is 255 EAST FIFTH STREET SUITE 800, CINCINNATI OH, 45202. The bank can be reached via phone at 877-322-9530 or via email at [email protected]