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The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
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The Next Big Crisis Is Here (Ad)
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The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
The Next Big Crisis Is Here (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
The Next Big Crisis Is Here (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
The Next Big Crisis Is Here (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
NASDAQ:FUNC

First United - FUNC Stock Forecast, Price & News

$19.11
+0.11 (+0.58%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$19.03
$19.58
50-Day Range
$18.50
$20.56
52-Week Range
$16.18
$24.50
Volume
2,905 shs
Average Volume
3,527 shs
Market Capitalization
$127.27 million
P/E Ratio
4.95
Dividend Yield
3.77%
Price Target
$25.00

First United MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.8% Upside
$25.00 Price Target
Short Interest
Healthy
0.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.33mentions of First United in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$13,198 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.99 out of 5 stars

Finance Sector

51st out of 900 stocks

National Commercial Banks Industry

7th out of 85 stocks


FUNC stock logo

About First United (NASDAQ:FUNC) Stock

First United Corp. is a bank holding company, which engages in community banking services. It offers checking, savings, money market deposit accounts, and certificates of deposit, business loans, personal loans, mortgage loans, lines of credit, and consumer-oriented retirement accounts including individual retirement accounts, and employee benefit accounts through its subsidiary. The company was founded in 1985 and is headquartered in Oakland, MD.

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FUNC Stock News Headlines

First United (NASDAQ:FUNC) Coverage Initiated at StockNews.com
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
First United Corp
First United Ekes up on Earnings
See More Headlines
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FUNC Company Calendar

Last Earnings
10/25/2021
Ex-Dividend for 11/1 Dividend
10/17/2022
Dividend Payable
11/01/2022
Ex-Dividend for 2/1 Dividend
1/12/2023
Today
1/29/2023
Dividend Payable
2/01/2023
Next Earnings (Estimated)
2/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:FUNC
Employees
273
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.00
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+30.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$19.77 million
Pretax Margin
43.12%

Debt

Sales & Book Value

Annual Sales
$78.18 million
Cash Flow
$3.69 per share
Book Value
$21.44 per share

Miscellaneous

Free Float
6,376,000
Market Cap
$127.27 million
Optionable
Not Optionable
Beta
0.78

Key Executives

  • Carissa Lynn Rodeheaver
    Chairman, President & Chief Executive Officer
  • Jason Barry Rush
    Chief Operating Officer & Senior Vice President
  • Tonya K. Sturm
    CFO, Secretary, Treasurer & Senior Vice President
  • Keith R. Sanders
    Chief Wealth Officer & Senior Vice President
  • Robert L. Fisher
    Chief Revenue Officer & Senior Vice President













FUNC Stock - Frequently Asked Questions

Should I buy or sell First United stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First United in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FUNC shares.
View FUNC analyst ratings
or view top-rated stocks.

What is First United's stock price forecast for 2023?

1 Wall Street research analysts have issued 1 year price targets for First United's shares. Their FUNC share price forecasts range from $25.00 to $25.00. On average, they anticipate the company's share price to reach $25.00 in the next year. This suggests a possible upside of 30.8% from the stock's current price.
View analysts price targets for FUNC
or view top-rated stocks among Wall Street analysts.

How have FUNC shares performed in 2023?

First United's stock was trading at $19.65 at the start of the year. Since then, FUNC shares have decreased by 2.7% and is now trading at $19.11.
View the best growth stocks for 2023 here
.

Are investors shorting First United?

First United saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,400 shares, a decline of 37.1% from the December 31st total of 7,000 shares. Based on an average daily volume of 6,800 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock 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 Friday, February 3rd 2023.
View our FUNC earnings forecast
.

How were First United's earnings last quarter?

First United Co. (NASDAQ:FUNC) posted its earnings results on Monday, October, 25th. The bank reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.55. The bank earned $18.15 million during the quarter, compared to analysts' expectations of $17.02 million. First United had a trailing twelve-month return on equity of 18.65% and a net margin of 32.12%.

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

First United announced a quarterly dividend on Thursday, December 1st. Stockholders of record on Friday, January 13th will be given a dividend of $0.18 per share on Wednesday, February 1st. This represents a $0.72 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend is Thursday, January 12th. This is a positive change from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for FUNC
.

Is First United a good dividend stock?

First United (NASDAQ:FUNC) pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.77%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.65%. This payout ratio is at a healthy, sustainable level, below 75%.
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 First United Bank & Trust (0.21%). Insiders that own company stock include Brian R Boal, Carissa Lynn Rodeheaver, Christy Dipietro, Elaine L Mcdonald, Gary Ruddell, Irvin Robert Rudy, Jason Barry Rush, John F Barr, John F Barr, John Mccullough, M Kathryn Burkey, 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 $19.11.

How much money does First United make?

First United (NASDAQ:FUNC) has a market capitalization of $127.27 million and generates $78.18 million in revenue each year. The bank earns $19.77 million in net income (profit) each year or $3.86 on an earnings per share basis.

How many employees does First United have?

The company employs 273 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 1/29/2023 by MarketBeat.com Staff