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

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

First Republic Bank announced a quarterly dividend on Wednesday, January 15th. Investors of record on Thursday, January 30th will be paid a dividend of $0.19 per share on Thursday, February 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date is Wednesday, January 29th. View First Republic Bank's Dividend History.

First Republic Bank (NYSE:FRC) released its quarterly earnings data on Tuesday, January, 14th. The bank reported $1.39 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.27 by $0.12. The bank earned $877.50 million during 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 business's revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.29 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 10th 2020. View Earnings Estimates for First Republic Bank.

16 analysts have issued twelve-month price targets for First Republic Bank's stock. Their forecasts range from $98.00 to $130.00. On average, they anticipate First Republic Bank's stock price to reach $116.07 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. 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 1 sell rating, 11 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Republic Bank.

Media coverage about FRC stock has trended positive this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Republic Bank earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned headlines 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 immediate future. View News Stories for First Republic Bank.

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

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's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Douglass Winthrop Advisors LLC (0.32%), Hahn Capital Management LLC (0.13%), Vigilant Capital Management LLC (0.09%), Calamos Advisors LLC (0.08%), Gateway Investment Advisers LLC (0.08%) and Tocqueville Asset Management L.P. (0.07%).

FRC stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Reilly Financial Advisors LLC, Hahn Capital Management LLC, SFE Investment Counsel, Gateway Investment Advisers LLC, State of Alaska Department of Revenue and Vigilant Capital Management LLC.

FRC stock was acquired by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division, Zeke Capital Advisors LLC, Assenagon Asset Management S.A., DNB Asset Management AS, Price Wealth LLC, Allred Capital Management LLC, Patten & Patten Inc. TN and Huntington National Bank.

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 $118.18.

First Republic Bank has a market capitalization of $19.91 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 4,480 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]