NYSE:FBPFirst Bancorp Stock Price, Forecast & News

First Bancorp's stock was trading at $6.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FBP shares have decreased by 6.8% and is now trading at $5.63.
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, October 27th 2020.
View our earnings forecast for First Bancorp.

First Bancorp (NYSE:FBP) released its quarterly earnings data on Tuesday, July, 28th. The bank reported $0.10 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.03. The bank had revenue of $156.10 million for the quarter, compared to analysts' expectations of $156.97 million. First Bancorp had a return on equity of 4.67% and a net margin of 13.71%. The company's revenue for the quarter was down 5.3% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS.
View First Bancorp's earnings history.

First Bancorp announced a quarterly dividend on Tuesday, August 4th. Shareholders of record on Thursday, August 27th will be given a dividend of $0.05 per share on Friday, September 11th. This represents a $0.20 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Wednesday, August 26th.
View First Bancorp's dividend history.

1 equities research analysts have issued twelve-month price objectives 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 24.3% from the stock's current price.
View analysts' price targets for First Bancorp.

News stories about FBP stock have trended neutral on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 0.2 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about First Bancorp.

First Bancorp saw a increase in short interest in July. As of July 15th, there was short interest totaling 2,960,000 shares, an increase of 11.3% from the June 30th total of 2,660,000 shares. Based on an average trading volume of 1,660,000 shares, the short-interest ratio is presently 1.8 days. Approximately 1.4% of the company's shares 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 Frontier Capital Management Co. LLC (3.61%), Principal Financial Group Inc. (0.76%), Assenagon Asset Management S.A. (0.26%), Swiss National Bank (0.22%), Hennessy Advisors Inc. (0.20%) and Mendon Capital Advisors Corp (0.16%).
View institutional ownership trends for First Bancorp.

FBP stock was sold by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Mackay Shields LLC, WINTON GROUP Ltd, Principal Financial Group Inc., Hennessy Advisors Inc., Robeco Institutional Asset Management B.V., Texas Permanent School Fund, and Arizona State Retirement System.
View insider buying and selling activity for First Bancorp.

FBP stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Mendon Capital Advisors Corp, Frontier Capital Management Co. LLC, UBS Group AG, First Trust Advisors LP, Swiss National Bank, Emerald Mutual Fund Advisers Trust, and Comerica Bank.
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 $5.63.

First Bancorp has a market capitalization of $1.23 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]