NYSE:FCF

First Commonwealth Financial Stock Forecast, Price & News

$12.67

+0.30 (+2.43 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$12.14

Now: $12.67▼

$12.69

50-Day Range

$10.36

MA: $11.25▼

$12.87

52-Week Range

$6.77

Now: $12.67▼

$14.33

Volume450,347 shs

Average Volume613,596 shs

Market Capitalization$1.22 billion

P/E Ratio16.67

Dividend Yield3.56%

Beta1.13

First Commonwealth Financial Corporation, through its subsidiaries, provides consumer and commercial banking services to individuals, and small and mid-sized businesses in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (ATM) services, as well as Internet, mobile, and telephone banking services. The company's commercial banking services comprise commercial lending, business checking accounts, online account management services, payroll direct deposits, commercial cash management services, and repurchase agreements, as well as ACH origination services. It also offers various trust and asset management services; auto, home, and business insurance, as well as term life insurance; and annuities, mutual funds, and stock and bond brokerage services through a broker-dealer and insurance brokers. As of October 27, 2020, the company operated 147 community banking offices in western and central Pennsylvania, as well as northeastern, central, and southwestern Ohio. It also leases three mortgage loan production offices and four corporate loan production offices, as well as operates a network of 163 automated teller machines. First Commonwealth Financial Corporation was founded in 1934 and is headquartered in Indiana, Pennsylvania.

MarketRank^™

Overall MarketRank^™

2.08 out of 5 stars

Finance Sector

196th out of 1,933 stocks

National Commercial Banks Industry

32nd out of 163 stocks

1.1 Analyst's Opinion

Consensus Rating
First Commonwealth Financial has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.00, First Commonwealth Financial has a forecasted downside of 21.1% from its current price of $12.67.
Amount of Analyst Coverage
First Commonwealth Financial has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
First Commonwealth Financial has received 259 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Commonwealth Financial has received 399 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Commonwealth Financial has received 60.64% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about First Commonwealth Financial and other stocks. Vote “Outperform” if you believe FCF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FCF will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
First Commonwealth Financial pays a meaningful dividend of 3.56%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Commonwealth Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Commonwealth Financial is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Commonwealth Financial will have a dividend payout ratio of 48.89% next year. This indicates that First Commonwealth Financial will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Commonwealth Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.53% of the stock of First Commonwealth Financial is held by insiders.
Percentage Held by Institutions
66.95% of the stock of First Commonwealth Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for First Commonwealth Financial are expected to grow by 20.00% in the coming year, from $0.75 to $0.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Commonwealth Financial is 16.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Commonwealth Financial is 16.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.03.
Price to Book Value per Share Ratio
First Commonwealth Financial has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:FCF

Previous Symbol

CUSIP31982910

CIK712537

Webwww.fcbanking.com

Phone724-349-7220

Employees1,571

Debt

Debt-to-Equity Ratio0.22

Current Ratio0.93

Quick Ratio0.93

Price-To-Earnings

Trailing P/E Ratio16.67

Forward P/E Ratio16.89

P/E GrowthN/A

Sales & Book Value

Annual Sales$410.75 million

Price / Sales2.97

Cash Flow$1.26 per share

Price / Cash Flow10.09

Book Value$10.74 per share

Price / Book1.18

Profitability

EPS (Most Recent Fiscal Year)$1.10

Net Income$105.33 million

Net Margins18.68%

Return on Equity7.42%

Return on Assets0.89%

Miscellaneous

Outstanding Shares96,133,000

Market Cap$1.22 billion

Next Earnings Date1/26/2021 (Confirmed)

OptionableOptionable

$12.67

+0.30 (+2.43 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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First Commonwealth Financial (NYSE:FCF) Frequently Asked Questions

How has First Commonwealth Financial's stock been impacted by COVID-19 (Coronavirus)?

First Commonwealth Financial's stock was trading at $9.60 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FCF stock has increased by 32.0% and is now trading at $12.67.
View which stocks have been most impacted by COVID-19.

Is First Commonwealth Financial a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Commonwealth Financial in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" First Commonwealth Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FCF, but not buy additional shares or sell existing shares.
View analyst ratings for First Commonwealth Financial or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First Commonwealth Financial?

Wall Street analysts have given First Commonwealth Financial a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Commonwealth Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Larry J. Merlo's approval rating as First Commonwealth Financial's CEO?

6,978 employees have rated First Commonwealth Financial CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among First Commonwealth Financial's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is First Commonwealth Financial's next earnings date?

First Commonwealth Financial is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for First Commonwealth Financial.

How can I listen to First Commonwealth Financial's earnings call?

First Commonwealth Financial will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were First Commonwealth Financial's earnings last quarter?

First Commonwealth Financial Co. (NYSE:FCF) posted its quarterly earnings results on Tuesday, October, 27th. The bank reported $0.24 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.01. The bank had revenue of $93.14 million for the quarter, compared to analysts' expectations of $91.57 million. First Commonwealth Financial had a return on equity of 7.42% and a net margin of 18.68%.
View First Commonwealth Financial's earnings history.

How often does First Commonwealth Financial pay dividends? What is the dividend yield for First Commonwealth Financial?

First Commonwealth Financial announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.11 per share on Friday, November 20th. This represents a $0.44 annualized dividend and a dividend yield of 3.47%. The ex-dividend date of this dividend is Thursday, November 5th.
View First Commonwealth Financial's dividend history.

Is First Commonwealth Financial a good dividend stock?

First Commonwealth Financial pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.56%. The dividend payout ratio of First Commonwealth Financial is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Commonwealth Financial will have a dividend payout ratio of 48.89% next year. This indicates that First Commonwealth Financial will be able to sustain or increase its dividend.
View First Commonwealth Financial's dividend history.

What price target have analysts set for FCF?

6 Wall Street analysts have issued 1 year target prices for First Commonwealth Financial's stock. Their forecasts range from $9.00 to $13.00. On average, they anticipate First Commonwealth Financial's stock price to reach $10.00 in the next year. This suggests that the stock has a possible downside of 21.1%.
View analysts' price targets for First Commonwealth Financial or view Wall Street analyst' top-rated stocks.

Are investors shorting First Commonwealth Financial?

First Commonwealth Financial saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,590,000 shares, an increase of 19.5% from the December 15th total of 1,330,000 shares. Based on an average daily trading volume, of 539,600 shares, the short-interest ratio is presently 2.9 days. Currently, 1.7% of the shares of the company are short sold.
View First Commonwealth Financial's Short Interest.

Who are some of First Commonwealth Financial's key competitors?

Some companies that are related to First Commonwealth Financial include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of FCF's competitors.

What other stocks do shareholders of First Commonwealth Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Commonwealth Financial investors own include Energy Transfer (ET), Intelsat (I), Bank of America (BAC), Cypress Semiconductor (CY), AMC Entertainment (AMC), Apollo Global Management (APO), Ciena (CIEN), Ford Motor (F), Fossil Group (FOSL) and Builders FirstSource (BLDR).

Who are First Commonwealth Financial's key executives?

First Commonwealth Financial's management team includes the following people:

Mr. Thomas Michael Price, Pres, CEO & Director (Age 58, Pay $792.14k)
Ms. Jane Grebenc, Exec. VP, Chief Revenue Officer & Director (Age 62, Pay $658.11k)
Mr. James R. Reske CFA, Exec. VP, CFO & Treasurer (Age 57, Pay $616.38k)
Mr. Matthew C. Tomb, Exec. VP, Chief Risk Officer, Gen. Counsel & Sec. (Age 44, Pay $500.89k)
Mr. Brian G. Karrip, Chief Credit Officer & Exec. VP (Age 60, Pay $579.54k)
Mr. Ryan M. Thomas, VP / Fin. and Investor Relations (Age 40)
Ms. Linda D. Metzmaier, Chief Compliance Officer, Chief Compliance Officer & Sr. VP of First Commonwealth Bank
Ms. Amy Jeffords, Assistant VP of Communications & Community Relations
Ms. Carrie L. Riggle, Exec. VP of HR (Age 51)
Mr. Leonard V. Lombardi CIA, CFSA, Exec. VP & Chief Audit Exec. (Age 61)

What is First Commonwealth Financial's stock symbol?

First Commonwealth Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "FCF."

Who are First Commonwealth Financial's major shareholders?

First Commonwealth Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.05%), First Citizens Bank & Trust Co. (0.02%) and Ellis Investment Partners LLC (0.02%). Company insiders that own First Commonwealth Financial stock include Matthew C Tomb and Stephen A Wolfe.
View institutional ownership trends for First Commonwealth Financial.

Which institutional investors are selling First Commonwealth Financial stock?

FCF stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Ellis Investment Partners LLC, and Louisiana State Employees Retirement System.
View insider buying and selling activity for First Commonwealth Financial or view top insider-selling stocks.

Which institutional investors are buying First Commonwealth Financial stock?

FCF stock was bought by a variety of institutional investors in the last quarter, including First Citizens Bank & Trust Co.. Company insiders that have bought First Commonwealth Financial stock in the last two years include Matthew C Tomb, and Stephen A Wolfe.
View insider buying and selling activity for First Commonwealth Financial or or view top insider-buying stocks.

How do I buy shares of First Commonwealth Financial?

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

What is First Commonwealth Financial's stock price today?

One share of FCF stock can currently be purchased for approximately $12.67.

How big of a company is First Commonwealth Financial?

First Commonwealth Financial has a market capitalization of $1.22 billion and generates $410.75 million in revenue each year. The bank earns $105.33 million in net income (profit) each year or $1.10 on an earnings per share basis. First Commonwealth Financial employs 1,571 workers across the globe.

What is First Commonwealth Financial's official website?

The official website for First Commonwealth Financial is www.fcbanking.com.

How can I contact First Commonwealth Financial?

First Commonwealth Financial's mailing address is 601 PHILADELPHIA STREET, INDIANA PA, 15701. The bank can be reached via phone at 724-349-7220 or via email at [email protected]

This page was last updated on 1/23/2021 by MarketBeat.com Staff

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