NYSE:FBP - First Bancorp Stock Price, News & Analysis

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

First Bancorp declared a quarterly dividend on Wednesday, July 31st. Shareholders of record on Thursday, August 29th will be paid a dividend of $0.03 per share on Friday, September 13th. This represents a $0.12 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Wednesday, August 28th. View First Bancorp's Dividend History.

First Bancorp (NYSE:FBP) posted its quarterly earnings results on Tuesday, July, 23rd. The bank reported $0.18 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.02. The bank had revenue of $164.77 million for the quarter, compared to analysts' expectations of $169.10 million. First Bancorp had a net margin of 29.83% and a return on equity of 7.73%. During the same quarter in the previous year, the firm earned $0.14 earnings per share. View First Bancorp's Earnings History.

First Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for First Bancorp.

1 Wall Street analysts have issued 12-month price targets for First Bancorp's shares. Their forecasts range from $12.00 to $12.00. On average, they expect First Bancorp's stock price to reach $12.00 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets for First Bancorp.

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

News headlines about FBP stock have been trending positive on Monday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Bancorp earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for First Bancorp.

First Bancorp saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,478,600 shares, an increase of 9.8% from the June 30th total of 3,168,100 shares. Based on an average daily trading volume, of 1,600,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.6% of the company's stock are short sold. View First Bancorp's Current Options Chain.

Some companies that are related to First Bancorp include Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Glacier Bancorp (GBCI), First Hawaiian (FHB), Bank of Hawaii (BOH) and Bank Ozk (OZK).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Bancorp investors own include Freeport-McMoRan (FCX), General Electric (GE), ANNALY CAP MGMT/SH (NLY), Cypress Semiconductor (CY), Inpixon (INPX), Intel (INTC), CNX Resources (CNX), KeyCorp (KEY), KKR & Co Inc (KKR) and Regions Financial (RF).

First Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.59%), BlackRock Inc. (14.59%), Vanguard Group Inc. (10.73%), Bank of New York Mellon Corp (3.82%), JPMorgan Chase & Co. (2.51%) and APG Asset Management N.V. (1.89%). View Institutional Ownership Trends for First Bancorp.

FBP stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., D. E. Shaw & Co. Inc., Stieven Capital Advisors L.P., Prudential Financial Inc., Russell Investments Group Ltd., California Public Employees Retirement System, James Investment Research Inc. and Bank of America Corp DE. View Insider Buying and Selling for First Bancorp.

FBP stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Point72 Asset Management L.P., Nuveen Asset Management LLC, Panagora Asset Management Inc., Morgan Stanley, Robeco Institutional Asset Management B.V., Northern Trust Corp and Wells Fargo & Company MN. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of FBP stock can currently be purchased for approximately $9.34.

First Bancorp has a market capitalization of $2.03 billion and generates $707.28 million in revenue each year. The bank earns $201.61 million in net income (profit) each year or $0.62 on an earnings per share basis. First Bancorp employs 2,643 workers across the globe.View Additional Information About First Bancorp.

The official website for First Bancorp is http://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]