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

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

First Bancorp announced a quarterly dividend on Friday, October 25th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.05 per share on Friday, December 13th. This represents a $0.20 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from First Bancorp's previous quarterly dividend of $0.03. View First Bancorp's Dividend History.

First Bancorp (NYSE:FBP) released its quarterly earnings results on Tuesday, October, 22nd. The bank reported $0.20 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.01. The bank had revenue of $165.83 million for the quarter, compared to the consensus estimate of $171.90 million. First Bancorp had a return on equity of 7.93% and a net margin of 30.46%. During the same quarter last year, the company earned $0.16 EPS. View First Bancorp's Earnings History.

First Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Bancorp.

Media coverage about FBP stock has trended somewhat negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. First Bancorp earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for First Bancorp.

First Bancorp saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 3,290,000 shares, an increase of 29.5% from the December 31st total of 2,540,000 shares. Based on an average daily trading volume, of 1,150,000 shares, the short-interest ratio is presently 2.9 days. Currently, 1.6% 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 PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

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

First Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.32%), Hennessy Advisors Inc. (0.24%), Assenagon Asset Management S.A. (0.22%), State of Alaska Department of Revenue (0.08%), New York State Teachers Retirement System (0.07%) and Arizona State Retirement System (0.07%). View Institutional Ownership Trends for First Bancorp.

FBP stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, Hennessy Advisors Inc., California Public Employees Retirement System, Louisiana State Employees Retirement System, Strs Ohio, SG Americas Securities LLC, New York State Teachers Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for First Bancorp.

FBP stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Bowling Portfolio Management LLC, Campbell & CO Investment Adviser LLC, Sciencast Management LP, Virginia Retirement Systems ET AL, 6 Meridian and Zurcher Kantonalbank Zurich Cantonalbank . 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, Robinhood, Fidelity and Charles Schwab.

One share of FBP stock can currently be purchased for approximately $9.65.

First Bancorp has a market capitalization of $2.10 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]