First Commonwealth Financial Stock Forecast, Price & News

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 (WHO). Since then, FCF shares have decreased by 5.9% and is now trading at $9.03.
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6 Wall Street 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, 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, October 27th 2020.
View our earnings forecast for First Commonwealth Financial.

First Commonwealth Financial will be holding an earnings conference call on Tuesday, October 27th 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 Commonwealth Financial Co. (NYSE:FCF) posted its earnings results on Tuesday, July, 28th. The bank reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.15. The bank had revenue of $88.86 million for the quarter, compared to analysts' expectations of $87.56 million. First Commonwealth Financial had a return on equity of 8.02% and a net margin of 20.32%. The firm's revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.28 earnings per share.
View First Commonwealth Financial's earnings history.

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

First Commonwealth Financial declared that its Board of Directors has initiated a stock repurchase program on Tuesday, October 23rd 2018, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 1.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

6 Wall Street analysts have issued 12-month price targets for First Commonwealth Financial's stock. Their forecasts range from $9.00 to $10.00. On average, they anticipate First Commonwealth Financial's stock price to reach $9.20 in the next year. This suggests a possible upside of 1.9% from the stock's current price.
View analysts' price targets for First Commonwealth Financial.

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

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

First Commonwealth Financial's stock is owned by many different institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.22%) and Louisiana State Employees Retirement System (0.05%). Company insiders that own First Commonwealth Financial stock include Luke A Latimer, Matthew C Tomb, Ray T Charley and Stephen A Wolfe.
View institutional ownership trends for First Commonwealth Financial.

FCF stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., and Louisiana State Employees Retirement System. Company insiders that have bought First Commonwealth Financial stock in the last two years include Luke A Latimer, Matthew C Tomb, Ray T Charley, and Stephen A Wolfe.
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 $9.03.

First Commonwealth Financial has a market capitalization of $886.14 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 1,465 workers across the globe.

The official website for First Commonwealth Financial is 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]