First United - FUNC Stock Forecast, Price & News

1 Wall Street 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 research analysts is that investors should "buy" FUNC shares.
View FUNC analyst ratings or view top-rated stocks.

1 brokerages have issued 1 year target prices for First United's stock. 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 twelve months. This suggests a possible upside of 48.0% 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 beginning of 2023. Since then, FUNC stock has decreased by 14.0% and is now trading at $16.89.
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First United saw a increase in short interest in March. As of March 15th, there was short interest totaling 3,100 shares, an increase of 14.8% from the February 28th total of 2,700 shares. Based on an average trading volume of 9,000 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.
View First United's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our FUNC earnings forecast.

First United Co. (NASDAQ:FUNC) posted its quarterly earnings data on Monday, October, 25th. The bank reported $0.93 EPS for the quarter, topping the consensus estimate of $0.38 by $0.55. The bank had revenue of $18.15 million for the quarter, compared to the consensus estimate of $17.02 million. First United had a trailing twelve-month return on equity of 18.09% and a net margin of 31.14%.

First United announced a quarterly dividend on Wednesday, March 8th. Stockholders of record on Monday, April 17th will be given a dividend of $0.20 per share on Monday, May 1st. This represents a $0.80 annualized dividend and a dividend yield of 4.74%. The ex-dividend date is Friday, April 14th. This is a positive change from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for FUNC.

Fidelity Women's Leadership ETF holds 1,039 shares of FUNC stock, representing 0.40% of its portfolio.

First United (NASDAQ:FUNC) pays an annual dividend of $0.72 per share and currently has a dividend yield of 4.19%. 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 19.15%. 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 a number of retail and institutional investors. Top institutional investors include Gendell Jeffrey L (2.24%), Renaissance Technologies LLC (1.15%), Geode Capital Management LLC (0.73%), rhino investment partners Inc (0.62%), Morgan Stanley (0.26%) and First United Bank & Trust (0.21%). 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, M Kathryn Burkey, 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 $16.89.

First United (NASDAQ:FUNC) has a market capitalization of $112.66 million and generates $80.30 million in revenue each year. The bank earns $25.05 million in net income (profit) each year or $3.76 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.