NASDAQ:FUNCFirst United Stock Price, Forecast & News

$13.61

+0.42 (+3.18 %)

(As of 07/3/2020 04:00 PM ET)

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Today's Range

$13.12

Now: $13.61▼

$13.88

50-Day Range

$13.19

MA: $14.33▼

$15.50

52-Week Range

$11.00

Now: $13.61▼

$24.99

Volume9,900 shs

Average Volume27,924 shs

Market Capitalization$94.82 million

P/E Ratio8.20

Dividend Yield3.82%

Beta1.03

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 91 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First United has received 52.30% “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.

0.8 Dividend Strength

Dividend Yield
First United pays a meaningful dividend of 3.82%, higher than the bottom 25% of all stocks that pay dividends.
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 $11,133.00 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 8.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of First United is 8.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.59.
Price to Book Value per Share Ratio
First United has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.62 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 Ratio8.20

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$74.56 million

Price / Sales1.27

Cash Flow$2.28 per share

Price / Cash Flow5.97

Book Value$17.72 per share

Price / Book0.77

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$94.82 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FUNC shares have decreased by 28.4% and is now trading at $13.61. 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 data on Wednesday, April, 29th. The bank reported $0.25 EPS for the quarter. The bank had revenue of $15.90 million for the quarter. First United had a net margin of 15.56% and a return on equity of 8.53%. View First United's earnings history.

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

First United announced a quarterly dividend on Thursday, June 18th. Investors of record on Friday, July 17th will be paid a dividend of $0.13 per share on Monday, August 3rd. This represents a $0.52 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend is Thursday, July 16th. View First United's dividend history.

Has First United been receiving favorable news coverage?

News articles about FUNC stock have been trending somewhat positive on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First United earned a news impact score of 0.7 on InfoTrie's scale. They also gave headlines 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 stock's share price in the near future. View the latest news about First United.

Who are some of First United's key competitors?

Some companies that are related to First United include First of Long Island (FLIC), Peoples Financial Services (PFIS), Financial Institutions (FISI), Hanmi Financial (HAFC), Guaranty Bancshares (GNTY), American National BankShares (AMNB), First Bancorp (FNLC), SmartFinancial (SMBK), MBT Financial (MBTF), DNB Financial (DNBF), Southern First Bancshares (SFST), MidSouth Bancorp (MSL), LCNB (LCNB), Fidelity D&D Bancorp (FDBC) and National Bankshares (NKSH). 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."

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 $13.61.

How big of a company is First United?

First United has a market capitalization of $94.82 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 7/3/2020 by MarketBeat.com Staff

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