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NASDAQ:FUNC

First United (FUNC) Stock Price, News & Analysis

First United logo
$35.80 0.00 (0.00%)
(As of 12/11/2024 05:21 PM ET)

About First United Stock (NASDAQ:FUNC)

Key Stats

Today's Range
$35.80
$36.11
50-Day Range
$29.63
$36.17
52-Week Range
$19.17
$36.49
Volume
19,667 shs
Average Volume
22,859 shs
Market Capitalization
$231.63 million
P/E Ratio
14.55
Dividend Yield
2.46%
Price Target
N/A
Consensus Rating
N/A

Company Overview

First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. It offers various deposit products, which includes checking, savings, money market deposit, and regular and individual retirement accounts (IRAs), as well as certificates of deposit. The company loan portfolio includes commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings, such as restaurants and motels, retail buildings, and general purpose business space; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, and other secured and unsecured lines of credit and term loans. It also offers access to multi-million-dollar certificates of deposit and the Intrafi cash service, including multi-million-dollar savings and demand deposits to municipalities, businesses, and consumers; and treasury management, cash sweep, and various checking services. In addition, the company provides trust services, which includes personal trust, investment agency accounts, charitable trusts, retirement accounts, including IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning; and insurance products, brokerage services, and safe deposit and night depository facilities. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.

First United Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
81st Percentile Overall Score

FUNC MarketRank™: 

First United scored higher than 81% of companies evaluated by MarketBeat, and ranked 405th out of 947 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for First United.

  • Earnings Growth

    Earnings for First United are expected to grow by 6.11% in the coming year, from $3.11 to $3.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of First United is 14.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.90.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of First United is 14.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 39.77.

  • Price to Book Value per Share Ratio

    First United has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.08% of the float of First United has been sold short.
  • Short Interest Ratio / Days to Cover

    First United has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in First United has recently decreased by 35.53%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    First United pays a meaningful dividend of 2.44%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    First United does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of First United is 35.77%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, First United will have a dividend payout ratio of 26.67% next year. This indicates that First United will be able to sustain or increase its dividend.

  • Read more about First United's dividend.
  • Percentage of Shares Shorted

    0.08% of the float of First United has been sold short.
  • Short Interest Ratio / Days to Cover

    First United has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in First United has recently decreased by 35.53%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    First United has a news sentiment score of 1.25. 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 is a higher news sentiment than the 0.83 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for First United this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for FUNC on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added First United to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, First United insiders have bought more of their company's stock than they have sold. Specifically, they have bought $9,596.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 7.80% of the stock of First United is held by insiders.

  • Percentage Held by Institutions

    Only 33.27% of the stock of First United is held by institutions.

  • Read more about First United's insider trading history.
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FUNC Stock News Headlines

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FUNC Stock Analysis - Frequently Asked Questions

First United's stock was trading at $23.51 at the beginning of the year. Since then, FUNC stock has increased by 52.3% and is now trading at $35.80.
View the best growth stocks for 2024 here
.

First United Co. (NASDAQ:FUNC) posted its earnings results on Monday, October, 21st. The bank reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.10. The bank earned $28.17 million during the quarter, compared to analysts' expectations of $20.30 million. First United had a trailing twelve-month return on equity of 12.20% and a net margin of 14.70%.

First United's top institutional shareholders include Fourthstone LLC (6.82%), Basswood Capital Management L.L.C. (2.37%), De Lisle Partners LLP (1.87%) and Empowered Funds LLC (0.37%). Insiders that own company stock include John Mccullough, Carissa Lynn Rodeheaver, Irvin Robert Rudy, Marisa A Shockley, Jason Barry Rush, Brian R Boal and John F Barr.
View institutional ownership trends
.

Shares of FUNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that First United investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), TotalEnergies (TTE), The RMR Group (RMR) and Southern First Bancshares (SFST).

Company Calendar

Ex-Dividend for 11/1 Dividend
10/18/2024
Last Earnings
10/21/2024
Dividend Payable
11/01/2024
Today
12/11/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 2/3 Dividend
1/17/2025
Dividend Payable
2/03/2025

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:FUNC
Employees
300
Year Founded
N/A

Profitability

Net Income
$15.06 million
Pretax Margin
19.27%

Debt

Sales & Book Value

Annual Sales
$99.49 million
Cash Flow
$3.38 per share
Book Value
$24.21 per share

Miscellaneous

Free Float
5,964,000
Market Cap
$231.63 million
Optionable
Not Optionable
Beta
0.80

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This page (NASDAQ:FUNC) was last updated on 12/12/2024 by MarketBeat.com Staff
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