First Community (FCCO) Expected to Announce Earnings on Wednesday

First Community (NASDAQ:FCCO - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect First Community to post earnings of $0.47 per share and revenue of $17.39 million for the quarter.

First Community (NASDAQ:FCCO - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.06. First Community had a net margin of 13.49% and a return on equity of 10.14%. During the same period last year, the firm posted $0.43 EPS. On average, analysts expect First Community to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Community Price Performance

Shares of First Community stock remained flat at $21.31 on Friday. 34,437 shares of the stock traded hands, compared to its average volume of 37,328. First Community has a fifty-two week low of $15.61 and a fifty-two week high of $27.96. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market cap of $163.47 million, a P/E ratio of 11.77 and a beta of 0.31. The stock's 50-day moving average is $23.08 and its 200-day moving average is $23.89.

First Community Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 4th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend was Tuesday, February 4th. First Community's payout ratio is currently 33.15%.

Wall Street Analyst Weigh In

A number of research firms recently commented on FCCO. Hovde Group increased their price objective on First Community from $28.00 to $29.00 and gave the stock an "outperform" rating in a report on Thursday, January 23rd. Janney Montgomery Scott upgraded shares of First Community from a "neutral" rating to a "buy" rating and set a $30.00 price target on the stock in a research note on Tuesday, February 4th. Finally, Raymond James raised shares of First Community from an "outperform" rating to a "strong-buy" rating and lifted their price objective for the company from $27.00 to $30.00 in a research note on Thursday, January 23rd.

About First Community

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.