NASDAQ:FUNC First United (FUNC) Stock Forecast, Price & News $16.20 -0.02 (-0.12%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$16.20▼$16.4250-Day Range$15.97▼$17.3452-Week Range$12.56▼$20.94Volume4,733 shsAverage Volume4,044 shsMarket Capitalization$108.70 millionP/E Ratio4.78Dividend Yield4.94%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media First United MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.09% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.76Based on 4 Articles This WeekInsider TradingAcquiring Shares$13,986 Bought Last QuarterProj. Earnings Growth-8.20%From $2.56 to $2.35 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.2.64 out of 5 starsFinance Sector275th out of 842 stocksNational Commercial Banks Industry46th out of 84 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for First United. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.09% of the float of First United has been sold short.Short Interest Ratio / Days to CoverFirst United has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First United has recently decreased by 32.58%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst United is a leading dividend payer. It pays a dividend yield of 4.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst United has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of First United is 23.60%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First United will have a dividend payout ratio of 34.04% next year. This indicates that First United will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FUNC. Previous Next 2.1 News and Social Media Coverage News SentimentFirst United has a news sentiment score of 0.76. 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 4 news articles for First United this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added First United to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First United insiders have bought more of their company's stock than they have sold. Specifically, they have bought $13,986.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.90% of the stock of First United is held by insiders.Percentage Held by InstitutionsOnly 31.55% of the stock of First United is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for First United are expected to decrease by -8.20% in the coming year, from $2.56 to $2.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First United is 4.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.54.Price to Earnings Ratio vs. SectorThe P/E ratio of First United is 4.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 66.65.Price to Book Value per Share RatioFirst United has a P/B Ratio of 0.71. 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 United (NASDAQ:FUNC) StockFirst 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, and money market deposit accounts, 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; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term 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 insured cash sweep program 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 incorporated in 1984 and is headquartered in Oakland, Maryland.Read More FUNC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FUNC Stock News HeadlinesSeptember 22, 2023 | americanbankingnews.comFirst United (NASDAQ:FUNC) Stock Price Crosses Above Two Hundred Day Moving Average of $15.76September 21, 2023 | americanbankingnews.comFirst United (NASDAQ:FUNC) Receives New Coverage from Analysts at StockNews.comSeptember 24, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.September 19, 2023 | sports.yahoo.comOxford United: Why the club are fighting on two fronts in 2023-24September 18, 2023 | msn.comAtlanta United's new signings shine in 5-2 triumph over Inter MiamiSeptember 11, 2023 | cbsnews.comUnited Airlines employees pack meals in honor of 9/11 victimsAugust 24, 2023 | finance.yahoo.comFirst United's (NASDAQ:FUNC) investors will be pleased with their respectable 60% return over the last three yearsJuly 24, 2023 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2023 EARNINGSSeptember 24, 2023 | Stansberry Research (Ad)Bank Collapse Causes Gold Prices to SoarSilicon Valley Bank was the second-largest bank in American history to fail, and investors have started piling into the safety and security of gold. But if you're not taking advantage of a little-known way to invest for around $5 today, you're missing out.July 14, 2023 | finance.yahoo.comindividual investors who own 60% along with institutions invested in First United Corporation (NASDAQ:FUNC) saw increase in their holdings value last weekJuly 12, 2023 | msn.comFirst United's Ex-Dividend Date Is Monday, Here's What You Need To KnowJuly 11, 2023 | finance.yahoo.comIs First United (FUNC) Worth a Watch on 5.8% Dividend Yield?July 8, 2023 | msn.comManistique First United Methodist Church holds pasty saleJuly 5, 2023 | msn.comMan United gives Cristiano Ronaldo’s shirt to Mason Mount after $69 million move from ChelseaJuly 5, 2023 | msn.comAfter IMF deal, US dollar comes down by over Rs10 in a single dayJune 28, 2023 | msn.com1st look: United debuts its nicest club yet in Newark’s new Terminal AJune 22, 2023 | msn.comJudge issues ruling over ownership of Jonesboro’s First United Methodist ChurchJune 8, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, First United (NASDAQ:FUNC) Presents An OpportunityMay 10, 2023 | msn.comUS credit crunch didn't start with SVB collapse, and may not end thereApril 24, 2023 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2023 EARNINGSMarch 27, 2023 | msn.comWrexham AFC to face Manchester United in America in first United States trip for the clubMarch 8, 2023 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2023 DIVIDENDFebruary 11, 2023 | finance.yahoo.comFirst United Full Year 2022 Earnings: EPS: US$3.77 (vs US$2.95 in FY 2021)February 9, 2023 | msn.comFirst United GAAP EPS of $1.04, revenue of $19.67MFebruary 9, 2023 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2022 EARNINGSJanuary 7, 2023 | finance.yahoo.comWhy You Might Be Interested In First United Corporation (NASDAQ:FUNC) For Its Upcoming DividendJanuary 4, 2023 | finance.yahoo.comFirst United (NASDAQ:FUNC) Will Pay A Larger Dividend Than Last Year At $0.18See More Headlines Receive FUNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First United and its competitors with MarketBeat's FREE daily newsletter. Email Address FUNC Company Calendar Ex-Dividend for 8/1 Dividend7/17/2023Last Earnings7/24/2023Dividend Payable8/01/2023Today9/24/2023Next Earnings (Estimated)10/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:FUNC CUSIPN/A CIK763907 Webwww.mybank.com Phone(301) 334-9471Fax301-334-5784Employees298Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$3.39 Trailing P/E Ratio4.78 Forward P/E Ratio6.33 P/E GrowthN/ANet Income$25.05 million Net Margins25.36% Pretax Margin33.52% Return on Equity15.34% Return on Assets1.21% Debt Debt-to-Equity Ratio0.71 Current Ratio0.87 Quick Ratio0.86 Sales & Book Value Annual Sales$80.30 million Price / Sales1.35 Cash Flow$4.18 per share Price / Cash Flow3.88 Book Value$22.80 per share Price / Book0.71Miscellaneous Outstanding Shares6,710,000Free Float6,181,000Market Cap$108.70 million OptionableNot Optionable Beta0.83 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMs. Carissa L. Rodeheaver CPA (Age 57)CFP, CPA, Chairman, Pres & CEO Comp: $610.46kMr. Jason B. Rush (Age 52)Sr. VP & COO Comp: $376.76kMr. Robert L. Fisher II (Age 54)Sr. VP & Chief Revenue Officer Comp: $393.83kMs. Tonya K. Sturm (Age 56)Sr. VP, CFO, Corp. Sec. & Treasurer Mr. Keith R. Sanders M.B.A. (Age 53)Sr. VP & Sr. Trust Officer Key CompetitorsHawthorn BancsharesNASDAQ:HWBKUnited Security BancsharesNASDAQ:UBFOLandmark BancorpNASDAQ:LARKMeridianNASDAQ:MRBKFNCB BancorpNASDAQ:FNCBView All CompetitorsInsiders & InstitutionsMarisa A ShockleyBought 176 shares on 9/1/2023Total: $2,990.24 ($16.99/share)Osaic Holdings Inc.Bought 647 shares on 8/21/2023Ownership: 0.114%BlackRock Inc.Bought 29,704 shares on 8/11/2023Ownership: 1.659%Renaissance Technologies LLCSold 7,746 shares on 8/11/2023Ownership: 0.921%Geode Capital Management LLCBought 1,132 shares on 8/11/2023Ownership: 0.746%View All Insider TransactionsView All Institutional Transactions FUNC Stock - Frequently Asked Questions How have FUNC shares performed in 2023? First United's stock was trading at $19.65 on January 1st, 2023. Since then, FUNC stock has decreased by 17.6% and is now trading at $16.20. View the best growth stocks for 2023 here. Are investors shorting First United? First United saw a drop in short interest in August. As of August 31st, there was short interest totaling 6,000 shares, a drop of 32.6% from the August 15th total of 8,900 shares. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short. View First United's Short Interest. When is First United's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023. View our FUNC earnings forecast. How were First United's earnings last quarter? First United Co. (NASDAQ:FUNC) announced its quarterly earnings data on Monday, July, 24th. The bank reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by $0.06. The bank had revenue of $18.74 million for the quarter, compared to analysts' expectations of $19 million. First United had a trailing twelve-month return on equity of 15.34% and a net margin of 25.36%. How often does First United pay dividends? What is the dividend yield for First United? First United declared a quarterly dividend on Wednesday, June 28th. Stockholders of record on Tuesday, July 18th will be paid a dividend of $0.20 per share on Tuesday, August 1st. This represents a $0.80 annualized dividend and a yield of 4.94%. The ex-dividend date is Monday, July 17th. Read our dividend analysis for FUNC. Is First United a good dividend stock? First United (NASDAQ:FUNC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.94%. FUNC 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 23.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUNC will have a dividend payout ratio of 34.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FUNC. What is William B. Grant's approval rating as First United's CEO? 2 employees have rated First United Chief Executive Officer William B. Grant on Glassdoor.com. William B. Grant has an approval rating of 100% among the company's employees. This puts William B. Grant in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of First United own? Based on aggregate information from My MarketBeat watchlists, some companies that other First United investors own include Advanced Micro Devices (AMD), American Superconductor (AMSC), Arcos Dorados (ARCO), Versartis (VSAR), Pfizer (PFE), Tapestry (TPR), Verizon Communications (VZ), AbbVie (ABBV), Carnival Co. & (CCL) and Cinemark (CNK). What is First United's stock symbol? First United trades on the NASDAQ under the ticker symbol "FUNC." Who are First United's major shareholders? First United's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.85%), BlackRock Inc. (1.66%), Renaissance Technologies LLC (0.92%), Geode Capital Management LLC (0.75%), Bank of Montreal Can (0.26%) and EA Series Trust (0.19%). Insiders that own company stock include Brian R Boal, Carissa Lynn Rodeheaver, Christy Dipietro, Gary Ruddell, Irvin Robert Rudy, Jason Barry Rush, John F Barr, John F Barr, John Mccullough, Marisa A Shockley, Patricia Milon and Tc Group Cayman Investment Hol. View institutional ownership trends. How do I buy shares of First United? Shares of FUNC 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 United's stock price today? One share of FUNC stock can currently be purchased for approximately $16.20. How much money does First United make? First United (NASDAQ:FUNC) has a market capitalization of $108.70 million and generates $80.30 million in revenue each year. The bank earns $25.05 million in net income (profit) each year or $3.39 on an earnings per share basis. How many employees does First United have? The company employs 298 workers across the globe. How can I contact First United? First United's mailing address is 19 S SECOND ST, OAKLAND MD, 21550. The official website for the company is www.mybank.com. The bank can be reached via phone at (301) 334-9471 or via fax at 301-334-5784. This page (NASDAQ:FUNC) was last updated on 9/24/2023 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 United Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.