StockNews.com Begins Coverage on First Capital (NASDAQ:FCAP)

StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP - Free Report) in a report published on Friday. The brokerage issued a hold rating on the savings and loans company's stock.

First Capital Stock Performance

Shares of NASDAQ FCAP traded down $0.30 during trading hours on Friday, hitting $34.00. 676 shares of the company's stock were exchanged, compared to its average volume of 2,273. The company's 50-day moving average price is $34.63 and its 200-day moving average price is $31.65. First Capital has a 1-year low of $24.40 and a 1-year high of $38.00. The stock has a market capitalization of $113.97 million, a price-to-earnings ratio of 9.63 and a beta of 0.63. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67.

First Capital (NASDAQ:FCAP - Get Free Report) last posted its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share (EPS) for the quarter. First Capital had a net margin of 20.87% and a return on equity of 11.08%. The company had revenue of $10.93 million for the quarter.

First Capital Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.41%. The ex-dividend date was Friday, September 13th. This is an increase from First Capital's previous quarterly dividend of $0.27. First Capital's dividend payout ratio (DPR) is 32.86%.

Institutional Trading of First Capital

A hedge fund recently raised its stake in First Capital stock. Empowered Funds LLC grew its position in First Capital, Inc. (NASDAQ:FCAP - Free Report) by 5.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,030 shares of the savings and loans company's stock after purchasing an additional 670 shares during the period. Empowered Funds LLC owned about 0.42% of First Capital worth $490,000 as of its most recent filing with the SEC. 11.65% of the stock is owned by hedge funds and other institutional investors.

First Capital Company Profile

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.