First Bancorp - FNLC Stock Forecast, Price & News

First Bancorp's stock was trading at $29.94 at the beginning of the year. Since then, FNLC shares have decreased by 2.5% and is now trading at $29.19.
View the best growth stocks for 2023 here.

First Bancorp saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 50,800 shares, a decline of 17.3% from the December 31st total of 61,400 shares. Based on an average daily volume of 13,100 shares, the days-to-cover ratio is currently 3.9 days. Currently, 0.5% of the shares of the company are sold short.
View First Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our FNLC earnings forecast.

The First Bancorp, Inc. (NASDAQ:FNLC) issued its earnings results on Wednesday, January, 18th. The bank reported $0.83 earnings per share (EPS) for the quarter. The bank earned $23.33 million during the quarter. First Bancorp had a net margin of 35.47% and a trailing twelve-month return on equity of 17.17%.

First Bancorp announced a quarterly dividend on Thursday, December 15th. Stockholders of record on Monday, January 9th will be given a dividend of $0.34 per share on Friday, January 20th. This represents a $1.36 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date is Friday, January 6th.
Read our dividend analysis for FNLC.

First Bancorp (NASDAQ:FNLC) pays an annual dividend of $1.36 per share and currently has a dividend yield of 4.66%. FNLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.53%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FNLC.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Main Street Capital (MAIN), Boeing (BA), Mastercard (MA), NVIDIA (NVDA), International Business Machines (IBM), AT&T (T), AbbVie (ABBV), Delphi Technologies (DLPH), Enterprise Products Partners (EPD) and Energy Transfer (ET).

First Bancorp trades on the NASDAQ under the ticker symbol "FNLC."

First Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Waypoint Capital Advisors LLC (0.51%). Insiders that own company stock include Charles A Wootton, Kimberly Swan, Mark N Rosborough, Steven Parady, Stuart G Smith and Tony C Mckim.
View institutional ownership trends.

Shares of FNLC 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.

One share of FNLC stock can currently be purchased for approximately $29.19.

First Bancorp (NASDAQ:FNLC) has a market capitalization of $322.26 million and generates $109.91 million in revenue each year. The bank earns $38.99 million in net income (profit) each year or $3.53 on an earnings per share basis.

The company employs 267 workers across the globe.

First Bancorp's mailing address is MAIN STREET, DAMARISCOTTA ME, 04543. The official website for the company is www.thefirst.com. The bank can be reached via phone at (207) 563-3195, via email at w, or via fax at 207-563-6853.