NYSE:FBPFirst Bancorp Stock Price, Forecast & News

First Bancorp's stock was trading at $6.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FBP stock has decreased by 13.4% and is now trading at $5.23. 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 earnings results on Thursday, April, 30th. The bank reported ($0.03) earnings per share for the quarter, missing the Zacks' 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 business's revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 EPS. View First Bancorp's earnings history.

First Bancorp announced a quarterly dividend on Monday, April 27th. Investors 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 annualized dividend and a yield of 3.82%. The ex-dividend date is Wednesday, May 27th. View First Bancorp's dividend history.

1 Wall Street analysts have issued 12-month target prices for First Bancorp's shares. Their forecasts range from $7.00 to $7.00. On average, they expect First Bancorp's stock price to reach $7.00 in the next year. This suggests a possible upside of 33.8% from the stock's current price. View analysts' price targets for First Bancorp.

Headlines about FBP stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing 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 daily sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about First Bancorp.

First Bancorp saw a drop in short interest in June. As of June 30th, there was short interest totaling 2,670,000 shares, a drop of 8.9% from the June 15th total of 2,930,000 shares. Based on an average trading volume of 1,880,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.3% of the company's 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 many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%). View institutional ownership trends for First Bancorp.

FBP stock was acquired 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 $5.23.

First Bancorp has a market capitalization of $1.14 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]