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 twelve months. 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.

1 Wall Street research analysts have issued twelve-month price targets for First United's stock. Their FUNC share price forecasts range from $25.00 to $25.00. On average, they predict the company's share price to reach $25.00 in the next year. This suggests a possible upside of 87.4% 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 shares have decreased by 32.1% and is now trading at $13.34.
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The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our FUNC earnings forecast.

First United Co. (NASDAQ:FUNC) released its quarterly earnings data on Monday, October, 25th. The bank reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 16.65% and a net margin of 28.19%.

First United declared a quarterly dividend on Wednesday, March 8th. Investors 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 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend 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 0.41% of its portfolio.

First United (NASDAQ:FUNC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 6.14%. 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 22.54%. 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 Dimensional Fund Advisors LP (5.05%), Huber Capital Management LLC (1.71%), Renaissance Technologies LLC (1.04%), Pinnacle Holdings LLC (0.97%), Royce & Associates LP (0.36%) and Royce & Associates LP (0.36%). 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, Marisa A Shockley, Patricia Milon and Tc Group Cayman Investment Hol.
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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 $13.34.

First United (NASDAQ:FUNC) has a market capitalization of $89.23 million and generates $76.22 million in revenue each year. The bank earns $25.05 million in net income (profit) each year or $3.55 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.