First Republic Bank Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last year. There are currently 3 sell ratings, 6 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" First Republic Bank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FRC, but not buy additional shares or sell existing shares.
View analyst ratings for First Republic Bank or view top-rated stocks.

Wall Street analysts have given First Republic Bank a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Republic Bank wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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First Republic Bank is scheduled to release its next quarterly earnings announcement on Tuesday, July 13th 2021.
View our earnings forecast for First Republic Bank.

First Republic Bank (NYSE:FRC) announced its quarterly earnings results on Tuesday, April, 13th. The bank reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.25. The bank earned $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. First Republic Bank had a trailing twelve-month return on equity of 10.96% and a net margin of 22.95%. The business's revenue was up 20.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.20 EPS.
View First Republic Bank's earnings history.

First Republic Bank's stock was trading at $89.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FRC shares have increased by 111.6% and is now trading at $188.77.
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First Republic Bank declared a quarterly dividend on Wednesday, April 14th. Shareholders of record on Thursday, April 29th will be given a dividend of $0.22 per share on Thursday, May 13th. This represents a $0.88 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date is Wednesday, April 28th. This is an increase from First Republic Bank's previous quarterly dividend of $0.20.
View First Republic Bank's dividend history.

First Republic Bank pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.47%. First Republic Bank has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of First Republic Bank is 15.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Republic Bank will have a dividend payout ratio of 13.06% next year. This indicates that First Republic Bank will be able to sustain or increase its dividend.
View First Republic Bank's dividend history.

15 equities research analysts have issued 1 year target prices for First Republic Bank's stock. Their forecasts range from $100.00 to $210.00. On average, they anticipate First Republic Bank's share price to reach $152.29 in the next twelve months. This suggests that the stock has a possible downside of 19.3%.
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255 employees have rated First Republic Bank CEO James H. Herbert II on Glassdoor.com. James H. Herbert II has an approval rating of 97% among First Republic Bank's employees. This puts James H. Herbert II in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to First Republic Bank include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Commerce Bancshares (CBSH) and First Citizens BancShares (FCNCA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other First Republic Bank investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Accenture (ACN), Micron Technology (MU), NVIDIA (NVDA), AbbVie (ABBV), Endologix (ELGX), Costco Wholesale (COST) and AutoZone (AZO).

First Republic Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRC."

First Republic Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.87%), Capital International Investors (4.77%), Baillie Gifford & Co. (2.78%), Principal Financial Group Inc. (1.94%), Alecta Pensionsforsakring Omsesidigt (1.82%) and Geode Capital Management LLC (1.71%).

FRC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Standard Life Aberdeen plc, M&G Investment Management Ltd., Principal Financial Group Inc., Parnassus Investments CA, Diamond Hill Capital Management Inc., Credit Suisse AG, and Quantum Capital Management LLC NJ.

FRC stock was acquired by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Artisan Partners Limited Partnership, Baillie Gifford & Co., Rathbone Brothers plc, BlackRock Inc., Barclays PLC, Carlson Capital L P, and Geode Capital Management LLC.

Shares of FRC 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.
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One share of FRC stock can currently be purchased for approximately $188.77.

First Republic Bank has a market capitalization of $32.50 billion and generates $4.16 billion in revenue each year. The bank earns $930.33 million in net income (profit) each year or $5.81 on an earnings per share basis.

First Republic Bank employs 5,483 workers across the globe.

First Republic Bank was founded in 1985.

The official website for First Republic Bank is www.firstrepublic.com.

First Republic Bank is headquartered at 111 Pine Street 2nd Floor, San Francisco CA, 94111.

First Republic Bank's mailing address is 111 Pine Street 2nd Floor, San Francisco CA, 94111. The bank can be reached via phone at 415-392-1400 or via email at [email protected]