NYSE:FCF - First Commonwealth Financial Stock Price, Forecast & News

First Commonwealth Financial's stock was trading at $9.60 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FCF shares have decreased by 5.8% and is now trading at $9.04. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Commonwealth Financial in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Commonwealth Financial.

First Commonwealth Financial is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for First Commonwealth Financial.

First Commonwealth Financial (NYSE:FCF) announced its quarterly earnings data on Tuesday, January, 28th. The bank reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.01. The bank earned $91.73 million during the quarter, compared to the consensus estimate of $91.27 million. First Commonwealth Financial had a return on equity of 10.51% and a net margin of 25.64%. First Commonwealth Financial's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.28 EPS. View First Commonwealth Financial's earnings history.

First Commonwealth Financial declared a quarterly dividend on Tuesday, January 28th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.11 per share on Friday, February 21st. This represents a $0.44 annualized dividend and a dividend yield of 4.87%. The ex-dividend date is Thursday, February 6th. This is a positive change from First Commonwealth Financial's previous quarterly dividend of $0.10. View First Commonwealth Financial's dividend history.

First Commonwealth Financial declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, October 23rd 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 1.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

3 analysts have issued twelve-month target prices for First Commonwealth Financial's stock. Their forecasts range from $9.00 to $16.00. On average, they expect First Commonwealth Financial's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 38.3% from the stock's current price. View analysts' price targets for First Commonwealth Financial.

Media coverage about FCF stock has been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media 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 five, with scores closest to five being the most favorable. First Commonwealth Financial earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutFirst Commonwealth Financial.

First Commonwealth Financial saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,795,700 shares, an increase of 12.3% from the February 27th total of 2,490,000 shares. Based on an average daily trading volume, of 412,300 shares, the short-interest ratio is presently 6.8 days. Currently, 2.9% of the shares of the company are short sold. View First Commonwealth Financial's Current Options Chain.

Some companies that are related to First Commonwealth Financial include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), M&T Bank (MTB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC).

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

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

First Commonwealth Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State Street Corp (3.28%), Victory Capital Management Inc. (2.26%), Victory Capital Management Inc. (2.24%), Bank of New York Mellon Corp (1.61%), Waldron Private Wealth LLC (1.44%) and Geode Capital Management LLC (1.32%). Company insiders that own First Commonwealth Financial stock include Luke A Latimer, Matthew C Tomb, Ray T Charley and T Michael Price. View institutional ownership trends for First Commonwealth Financial.

FCF stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, LSV Asset Management, Snow Capital Management LP, Jefferies Group LLC, Arizona State Retirement System, Bank of America Corp DE, and First Trust Advisors LP. View insider buying and selling activity for First Commonwealth Financial.

FCF stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Acadian Asset Management LLC, Goldman Sachs Group Inc., Nicholas Investment Partners LP, Bank of New York Mellon Corp, Bank of Montreal Can, Great West Life Assurance Co. Can, and State Street Corp. Company insiders that have bought First Commonwealth Financial stock in the last two years include Luke A Latimer, Matthew C Tomb, and Ray T Charley. View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FCF stock can currently be purchased for approximately $9.04.

First Commonwealth Financial has a market capitalization of $888.16 million 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. View additional information about First Commonwealth Financial.

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

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]