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

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

First Republic Bank declared a quarterly dividend on Tuesday, January 15th. Shareholders of record on Thursday, January 31st will be given a dividend of $0.18 per share on Thursday, February 14th. This represents a $0.72 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Wednesday, January 30th. View First Republic Bank's Dividend History.

First Republic Bank (NYSE:FRC) released its quarterly earnings data on Tuesday, January, 15th. The bank reported $1.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.24 by $0.05. The bank earned $810.75 million during the quarter, compared to the consensus estimate of $812.10 million. First Republic Bank had a net margin of 23.88% and a return on equity of 11.62%. The firm's revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.10 earnings per share. View First Republic Bank's Earnings History.

First Republic Bank is scheduled to release their next quarterly earnings announcement on Friday, April 12th 2019. View Earnings Estimates for First Republic Bank.

16 brokers have issued 12 month price targets for First Republic Bank's shares. Their predictions range from $92.00 to $120.00. On average, they expect First Republic Bank's stock price to reach $102.2857 in the next twelve months. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for First Republic Bank.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Republic Bank in the last year. There are currently 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Republic Bank.

News headlines about FRC stock have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Republic Bank earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the near term.

First Republic Bank saw a increase in short interest in January. As of January 31st, there was short interest totalling 20,558,346 shares, an increase of 15.6% from the January 15th total of 17,782,167 shares. Based on an average daily volume of 1,233,673 shares, the days-to-cover ratio is presently 16.7 days. View First Republic Bank's Current Options Chain.

Some companies that are related to First Republic Bank include Westpac Banking (WBK), BNP PARIBAS/S (BNPQY), ANZ (ANZBY), Lloyds Banking Group (LYG), Sumitomo Mitsui Financial Grp (SMFG), ING Groep (ING), Banco Santander Brasil (BSBR), Bank of Montreal (BMO), HANG SENG BK LT/S (HSNGY), Boc Hong Kong (BHKLY), Royal Bank of Scotland Group (RBS), Banco Bilbao Vizcaya Argentaria (BBVA), Canadian Imperial Bank of Commerce (CM), Royal Bank of Scotland Group (RBSPF) and OVERSEA-CHINESE/ADR (OVCHY).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Republic Bank investors own include General Electric (GE), CA (CA), Alibaba Group (BABA), Mattel (MAT), NVIDIA (NVDA), BlackRock (BLK), Ultra Clean (UCTT), Twitter (TWTR), Walt Disney (DIS) and General Motors (GM).

First Republic Bank's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.26%), Baillie Gifford & Co. (4.25%), Parnassus Investments CA (3.55%), Principal Financial Group Inc. (2.79%), Standard Life Aberdeen plc (2.78%) and Diamond Hill Capital Management Inc. (1.74%).

FRC stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Millennium Management LLC, First Trust Advisors LP, State of New Jersey Common Pension Fund D, James Hambro & Partners, Mackenzie Financial Corp, Ceredex Value Advisors LLC and Granite Investment Partners LLC.

FRC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Parnassus Investments CA, Geode Capital Management LLC, Baillie Gifford & Co., Standard Life Aberdeen plc, Bank of New York Mellon Corp, Northern Trust Corp and Ontario Teachers Pension Plan Board.

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, Scottrade, Fidelity and Charles Schwab.

One share of FRC stock can currently be purchased for approximately $103.29.

First Republic Bank has a market capitalization of $16.30 billion and generates $3.58 billion in revenue each year. The bank earns $853.82 million in net income (profit) each year or $4.81 on an earnings per share basis. First Republic Bank employs 4,025 workers across the globe.

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]