NYSE:FBPFirst Bancorp Stock Price, Forecast & News

First Bancorp's stock was trading at $6.04 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FBP stock has decreased by 15.1% and is now trading at $5.13. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Bancorp.

First Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for First Bancorp.

First Bancorp will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

First Bancorp (NYSE:FBP) released its quarterly earnings data on Thursday, April, 30th. The bank reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.19. The bank earned $168.85 million during the quarter, compared to analysts' expectations of $165.14 million. First Bancorp had a return on equity of 5.60% and a net margin of 16.17%. The company's revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 earnings per share. View First Bancorp's earnings history.

First Bancorp announced a quarterly dividend on Monday, April 27th. Shareholders of record on Thursday, May 28th will be given a dividend of $0.05 per share on Friday, June 12th. This represents a $0.20 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date is Wednesday, May 27th. View First Bancorp's dividend history.

1 brokers have issued 1 year target prices for First Bancorp's stock. Their forecasts range from $7.00 to $7.00. On average, they expect First Bancorp's share price to reach $7.00 in the next year. This suggests a possible upside of 36.5% from the stock's current price. View analysts' price targets for First Bancorp.

News articles about FBP stock have trended somewhat negative this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Bancorp earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about First Bancorp.

First Bancorp saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,670,000 shares, a decline of 8.9% from the June 15th total of 2,930,000 shares. Based on an average daily volume of 1,880,000 shares, the short-interest ratio is currently 1.4 days. Approximately 1.3% of the shares of the stock are sold short. View First Bancorp's Current Options Chain.

Some companies that are related to First Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Freeport-McMoRan (FCX), KeyCorp (KEY), General Electric (GE), Huntington Bancshares (HBAN), Cypress Semiconductor (CY), Energy Transfer LP Unit (ET), KKR & Co Inc (KKR), NovaBay Pharmaceuticals (NBY), Ring Energy (REI) and Ring Energy (REI).

First Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBP."

First Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%). View institutional ownership trends for First Bancorp.

FBP stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for First Bancorp.

Shares of FBP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FBP stock can currently be purchased for approximately $5.13.

First Bancorp has a market capitalization of $1.12 billion and generates $766.47 million in revenue each year. The bank earns $167.38 million in net income (profit) each year or $0.75 on an earnings per share basis. First Bancorp employs 2,674 workers across the globe.

The official website for First Bancorp is www.1firstbank.com.

First Bancorp's mailing address is 1519 PONCE DE LEON AVE STOP 23, SAN JUAN PR, 00908. The bank can be reached via phone at 787-729-8200 or via email at [email protected]