First United - FUNC Stock Forecast, Price & News

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.
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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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 3rd 2023.
View our FUNC earnings forecast.

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%.

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.

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.

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.

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).

First United trades on the NASDAQ under the ticker symbol "FUNC."

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.

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.
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One share of FUNC stock can currently be purchased for approximately $19.11.

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.

The company employs 273 workers across the globe.

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.