NASDAQ:FUNC First United (FUNC) Stock Forecast, Price & News $13.34 +0.18 (+1.37%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$13.21▼$13.5250-Day Range$12.56▼$17.2052-Week Range$12.56▼$22.15Volume8,952 shsAverage Volume14,708 shsMarket Capitalization$89.23 millionP/E Ratio3.76Dividend Yield6.00%Price Target$25.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media First United MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside87.4% Upside$25.00 Price TargetShort InterestHealthy0.08% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$22,220 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.74 out of 5 starsFinance Sector238th out of 873 stocksNational Commercial Banks Industry39th out of 84 stocks 3.5 Analyst's Opinion Consensus RatingFirst United has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.00, First United has a forecasted upside of 87.4% from its current price of $13.34.Amount of Analyst CoverageFirst United has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.08% of the float of First United has been sold short.Short Interest Ratio / Days to CoverFirst United has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First United has recently decreased by 2.00%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipFirst United is a leading dividend payer. It pays a dividend yield of 6.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst United has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of First United is 22.54%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FUNC. Previous Next 2.2 News and Social Media Coverage News SentimentFirst United has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for First United this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First United insiders have bought more of their company's stock than they have sold. Specifically, they have bought $22,220.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.90% of the stock of First United is held by insiders.Percentage Held by InstitutionsOnly 31.59% of the stock of First United is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of First United is 3.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.95.Price to Earnings Ratio vs. SectorThe P/E ratio of First United is 3.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.88.Price to Book Value per Share RatioFirst United has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First United (NASDAQ:FUNC) StockFirst 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 1984 and is headquartered in Oakland, MD.Read More Receive FUNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First United and its competitors with MarketBeat's FREE daily newsletter. Email Address FUNC Stock News HeadlinesMay 12, 2023 | americanbankingnews.comContrasting First United (NASDAQ:FUNC) & American Bank (OTCMKTS:AMBK)May 10, 2023 | msn.comUS credit crunch didn't start with SVB collapse, and may not end thereJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.April 26, 2023 | americanbankingnews.comFirst United (NASDAQ:FUNC) Now Covered by StockNews.comApril 24, 2023 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2023 EARNINGSApril 17, 2023 | americanbankingnews.comFirst United (NASDAQ:FUNC) Now Covered by Analysts at StockNews.comApril 12, 2023 | americanbankingnews.comFirst United Co. (FUNC) To Go Ex-Dividend on April 14thApril 10, 2023 | americanbankingnews.comFirst United (NASDAQ:FUNC) Receives New Coverage from Analysts at StockNews.comJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.March 27, 2023 | msn.comWrexham AFC to face Manchester United in America in first United States trip for the clubMarch 8, 2023 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2023 DIVIDENDFebruary 11, 2023 | finance.yahoo.comFirst United Full Year 2022 Earnings: EPS: US$3.77 (vs US$2.95 in FY 2021)February 9, 2023 | msn.comFirst United GAAP EPS of $1.04, revenue of $19.67MFebruary 9, 2023 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2022 EARNINGSJanuary 7, 2023 | finance.yahoo.comWhy You Might Be Interested In First United Corporation (NASDAQ:FUNC) For Its Upcoming DividendJanuary 4, 2023 | finance.yahoo.comFirst United (NASDAQ:FUNC) Will Pay A Larger Dividend Than Last Year At $0.18January 2, 2023 | msn.comThe ultimate guide to getting upgraded on United AirlinesDecember 9, 2022 | seekingalpha.comFirst United: A Cheap Regional Bank With A Rising DividendDecember 6, 2022 | finance.yahoo.comFirst United's (NASDAQ:FUNC) Shareholders Will Receive A Bigger Dividend Than Last YearDecember 1, 2022 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2023 DIVIDENDNovember 26, 2022 | finance.yahoo.comFirst United's (NASDAQ:FUNC) investors will be pleased with their respectable 33% return over the last five yearsOctober 21, 2022 | msn.comFirst United's Return On Capital Employed InsightsOctober 20, 2022 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES THIRD QUARTER 2022 EARNINGSOctober 2, 2022 | finance.yahoo.comFirst United (NASDAQ:FUNC) Is Paying Out A Dividend Of $0.15September 28, 2022 | finance.yahoo.comFIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER 2022 DIVIDENDSeptember 23, 2022 | finance.yahoo.comWhile institutions own 35% of First United Corporation (NASDAQ:FUNC), individual investors are its largest shareholders with 59% ownershipSeptember 4, 2022 | reuters.comFirst United CorpSee More Headlines FUNC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FUNC Company Calendar Last Earnings10/25/2021Ex-Dividend for 5/1 Dividend4/14/2023Dividend Payable5/01/2023Today6/03/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:FUNC CUSIPN/A CIK763907 Webwww.mybank.com Phone(301) 334-9471Fax301-334-5784Employees273Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.00 High Stock Price Forecast$25.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+87.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio3.76 Forward P/E RatioN/A P/E GrowthN/ANet Income$25.05 million Net Margins28.19% Pretax Margin37.22% Return on Equity16.65% Return on Assets1.29% Debt Debt-to-Equity Ratio0.73 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$76.22 million Price / Sales1.17 Cash Flow$4.23 per share Price / Cash Flow3.15 Book Value$22.85 per share Price / Book0.58Miscellaneous Outstanding Shares6,689,000Free Float6,161,000Market Cap$89.23 million OptionableNot Optionable Beta0.77 Key ExecutivesCarissa Lynn RodeheaverChairman, President & Chief Executive OfficerJason Barry RushChief Operating Officer & Senior Vice PresidentTonya K. SturmCFO, Secretary, Treasurer & Senior Vice PresidentKeith R. SandersChief Wealth Officer & Senior Vice PresidentRobert L. FisherChief Revenue Officer & Senior Vice PresidentKey CompetitorsCF BanksharesNASDAQ:CFBKOld Point FinancialNASDAQ:OPOFMeridianNASDAQ:MRBKUnited Security BancsharesNASDAQ:UBFOFNCB BancorpNASDAQ:FNCBView All CompetitorsInsiders & InstitutionsMarisa A ShockleyBought 226 shares on 6/1/2023Total: $2,992.24 ($13.24/share)Royce & Associates LPBought 8,436 shares on 5/23/2023Ownership: 0.363%Carissa Lynn RodeheaverBought 300 shares on 5/15/2023Total: $3,990.00 ($13.30/share)Dimensional Fund Advisors LPBought 3,992 shares on 5/12/2023Ownership: 5.047%Huber Capital Management LLCBought 70,723 shares on 5/12/2023Ownership: 1.709%View All Insider TransactionsView All Institutional Transactions 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 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. What is First United's stock price forecast for 2023? 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. How have FUNC shares performed in 2023? 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. View the best growth stocks for 2023 here. When is First United's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our FUNC earnings forecast. How were First United's earnings last quarter? 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%. How often does First United pay dividends? What is the dividend yield for First United? 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. What ETF holds First United's stock ? Fidelity Women's Leadership ETF holds 1,039 shares of FUNC stock, representing 0.41% of its portfolio. Is First United a good dividend stock? 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. 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 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. 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 $13.34. How much money does First United make? 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. 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First United Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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