NYSE:FRC - First Republic Bank Stock Price, Forecast & News

First Republic Bank's stock was trading at $89.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FRC shares have decreased by 3.2% and is now trading at $86.40. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last year. There are currently 1 sell rating, 10 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Republic Bank.

First Republic Bank is scheduled to release its next quarterly earnings announcement on Friday, April 10th 2020. View our earnings forecast for First Republic Bank.

First Republic Bank (NYSE:FRC) posted its earnings results on Tuesday, January, 14th. The bank reported $1.39 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.12. The bank had revenue of $877.50 million for the quarter, compared to the consensus estimate of $876.90 million. First Republic Bank had a net margin of 22.38% and a return on equity of 11.08%. The company's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned $1.29 EPS. View First Republic Bank's earnings history.

First Republic Bank announced a quarterly dividend on Wednesday, January 15th. Stockholders of record on Thursday, January 30th will be given a dividend of $0.19 per share on Thursday, February 13th. This represents a $0.76 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Wednesday, January 29th. View First Republic Bank's dividend history.

15 equities research analysts have issued 12 month target prices for First Republic Bank's stock. Their forecasts range from $65.00 to $130.00. On average, they anticipate First Republic Bank's share price to reach $110.54 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price. View analysts' price targets for First Republic Bank.

Media headlines about FRC stock have trended very negative recently, InfoTrie reports. The research firm rates the sentiment of news 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 Republic Bank earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutFirst Republic Bank.

Some companies that are related to First Republic Bank include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), M&T Bank (MTB), 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), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Republic Bank investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Micron Technology (MU), AutoZone (AZO), United Rentals (URI) and NVIDIA (NVDA).

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

First Republic Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital International Investors (6.72%), State Street Corp (5.67%), Goldman Sachs Group Inc. (3.69%), Capital Research Global Investors (3.34%), Principal Financial Group Inc. (3.19%) and Capital World Investors (2.90%).

FRC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Citigroup Inc., Standard Life Aberdeen plc, Rheos Capital Works Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Bank of New York Mellon Corp, and Diamond Hill Capital Management Inc..

FRC stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, M&G Investment Management Ltd., 1832 Asset Management L.P., Lord Abbett & CO. LLC, Cowen AND Company LLC, Anchor Capital Advisors LLC, Nicholas Investment Partners LP, and Parnassus Investments CA.

Shares of FRC 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 FRC stock can currently be purchased for approximately $86.40.

First Republic Bank has a market capitalization of $14.55 billion and generates $4.16 billion in revenue each year. The bank earns $930.33 million in net income (profit) each year or $5.20 on an earnings per share basis. First Republic Bank employs 4,812 workers across the globe. View additional information about First Republic Bank.

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

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]