NASDAQ:FUNCFirst United Stock Price, Forecast & News

$14.45

+0.65 (+4.71 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$13.75

Now: $14.45▼

$14.54

50-Day Range

$12.00

MA: $14.02▼

$15.60

52-Week Range

$11.00

Now: $14.45▼

$24.99

Volume8,296 shs

Average Volume20,525 shs

Market Capitalization$100.67 million

P/E Ratio8.70

Dividend Yield3.77%

Beta1.1

First United Corporation operates as the holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as 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; indirect and direct auto loans; and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit, and night depository facilities. It operates 25 banking offices, 1 call center, and 26 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, and Monongalia counties in West Virginia. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for First United.

2.4 Community Rank

Outperform Votes
First United has received 83 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First United has received 90 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First United has received 52.02% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First United and other stocks. Vote “Outperform” if you believe FUNC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FUNC will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
First United is a leading dividend payer. It pays a dividend yield of 3.77%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First United has only been increasing its dividend for 1 years.

3.0 Company Ownership

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 $30,963.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.30% of the stock of First United is held by insiders.
Percentage Held by Institutions
Only 29.67% of the stock of First United is held by institutions.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of First United is 8.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of First United is 8.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.07.
Price to Book Value per Share Ratio
First United has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.79 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:FUNC

Previous Symbol

CUSIPN/A

CIK763907

Webwww.mybank.com

Phone800-470-4356

Debt

Debt-to-Equity Ratio0.88

Current Ratio0.91

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio8.70

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$74.56 million

Price / Sales1.35

Cash Flow$2.31 per share

Price / Cash Flow6.25

Book Value$17.72 per share

Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$13.13 million

Net Margins15.56%

Return on Equity8.53%

Return on Assets0.74%

Miscellaneous

Employees314

Outstanding Shares6,967,000

Market Cap$100.67 million

Next Earnings Date7/20/2020 (Estimated)

OptionableNot Optionable

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First United (NASDAQ:FUNC) Frequently Asked Questions

How has First United's stock been impacted by COVID-19 (Coronavirus)?

First United's stock was trading at $19.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FUNC shares have decreased by 24.0% and is now trading at $14.45. View which stocks have been most impacted by Coronavirus.

When is First United's next earnings date?

First United is scheduled to release its next quarterly earnings announcement on Monday, July 20th 2020. View our earnings forecast for First United.

How were First United's earnings last quarter?

First United Corp (NASDAQ:FUNC) issued its quarterly earnings results on Wednesday, April, 29th. The bank reported $0.25 earnings per share for the quarter. The bank had revenue of $15.90 million for the quarter. First United had a return on equity of 8.53% and a net margin of 15.56%. View First United's earnings history.

How often does First United pay dividends? What is the dividend yield for First United?

First United declared a quarterly dividend on Thursday, March 26th. Shareholders of record on Friday, April 17th will be paid a dividend of $0.13 per share on Friday, May 1st. This represents a $0.52 annualized dividend and a dividend yield of 3.60%. The ex-dividend date is Thursday, April 16th. View First United's dividend history.

Has First United been receiving favorable news coverage?

Media stories about FUNC stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First United earned a media sentiment score of -3.1 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutFirst United.

Are investors shorting First United?

First United saw a increase in short interest in May. As of May 15th, there was short interest totaling 18,200 shares, an increase of 9.6% from the April 30th total of 16,600 shares. Based on an average daily volume of 23,300 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are short sold. View First United's Current Options Chain.

Who are some of First United's key competitors?

Some companies that are related to First United include First of Long Island (FLIC), Guaranty Bancshares (GNTY), Financial Institutions (FISI), Hanmi Financial (HAFC), American National BankShares (AMNB), Peoples Financial Services (PFIS), SmartFinancial (SMBK), MBT Financial (MBTF), First Bancorp (FNLC), NexPoint Real Estate Finance (PFHD), Southern First Bancshares (SFST), DNB Financial (DNBF), MidSouth Bancorp (MSL), National Bankshares (NKSH) and Ames National (ATLO). View all competitors.

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), Verizon Communications (VZ), AbbVie (ABBV), BOX (BOX), Carnival (CCL) and Canadian Natural Resources (CNQ).

Who are First United's key executives?

First United's management team includes the following people:

Ms. Carissa L. Rodeheaver CPA, CPA, CFP, Chairman, Pres & CEO (Age 53)
Mr. Jason B. Rush, Sr. VP & COO (Age 48)
Mr. Robert L. Fisher II, Sr. VP & Chief Revenue Officer (Age 50)
Ms. Tonya K. Sturm, Sr. VP, Sec., Treasurer & CFO (Age 52)
Ms. Robin M. Murray, Sr. VP & Director of Retail Banking (Age 60)

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 a variety of retail and institutional investors. Top institutional investors include M3F Inc. (1.72%), BlackRock Inc. (1.16%), Pinnacle Holdings LLC (0.97%), Geode Capital Management LLC (0.62%), Bank of New York Mellon Corp (0.45%) and Morgan Stanley (0.42%). Company insiders that own First United stock include Carissa Lynn Rodeheaver, Elaine L Mcdonald, Irvin Robert Rudy, Jason Barry Rush, John Mccullough, Marisa A Shockley, Robert L Fisher II and Robert W Kurtz. View institutional ownership trends for First United.

Which major investors are selling First United stock?

FUNC stock was sold by a variety of institutional investors in the last quarter, including M3F Inc., BlackRock Inc., Pinnacle Holdings LLC, JPMorgan Chase & Co., Morgan Stanley, and First Trust Advisors LP. View insider buying and selling activity for First United.

Which major investors are buying First United stock?

FUNC stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of New York Mellon Corp, Tower Research Capital LLC TRC , Geode Capital Management LLC, and Wells Fargo & Company MN. Company insiders that have bought First United stock in the last two years include Carissa Lynn Rodeheaver, Elaine L Mcdonald, Irvin Robert Rudy, Jason Barry Rush, John Mccullough, Marisa A Shockley, and Robert L Fisher II. View insider buying and selling activity for First United.

How do I buy shares of First United?

Shares of FUNC 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.

What is First United's stock price today?

One share of FUNC stock can currently be purchased for approximately $14.45.

How big of a company is First United?

First United has a market capitalization of $100.67 million and generates $74.56 million in revenue each year. First United employs 314 workers across the globe.

What is First United's official website?

The official website for First United is www.mybank.com.

How can I contact First United?

First United's mailing address is 19 S SECOND ST, OAKLAND MD, 21550. The bank can be reached via phone at 800-470-4356.

This page was last updated on 5/26/2020 by MarketBeat.com Staff