NASDAQ:FBNC First Bancorp (FBNC) Stock Price, News & Analysis $42.78 +0.35 (+0.82%) (As of 03:07 PM ET) Add Compare Share Share Today's Range$41.91▼$42.8650-Day Range$31.86▼$44.1552-Week Range$26.00▼$45.41Volume63,908 shsAverage Volume159,977 shsMarket Capitalization$1.77 billionP/E Ratio15.44Dividend Yield2.06%Price Target$38.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get First Bancorp alerts: Email Address First Bancorp MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside10.0% Downside$38.50 Price TargetShort InterestHealthy2.40% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based on 7 Articles This WeekInsider TradingSelling Shares$1.02 M Sold Last QuarterProj. Earnings Growth5.97%From $2.68 to $2.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.15 out of 5 starsFinance Sector616th out of 878 stocksState Commercial Banks Industry145th out of 177 stocks 1.5 Analyst's Opinion Consensus RatingFirst Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Bancorp has only been the subject of 1 research reports in the past 90 days.Read more about First Bancorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.40% of the outstanding shares of First Bancorp have been sold short.Short Interest Ratio / Days to CoverFirst Bancorp has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in First Bancorp has recently decreased by 1.71%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldFirst Bancorp pays a meaningful dividend of 2.14%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Bancorp is 31.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Bancorp will have a dividend payout ratio of 30.99% next year. This indicates that First Bancorp will be able to sustain or increase its dividend.Read more about First Bancorp's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FBNC. Previous Next 2.1 News and Social Media Coverage News SentimentFirst Bancorp has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for First Bancorp this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 2 people have added First Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,020,249.00 in company stock.Percentage Held by InsidersOnly 3.65% of the stock of First Bancorp is held by insiders.Percentage Held by Institutions68.36% of the stock of First Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Bancorp's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for First Bancorp are expected to grow by 5.97% in the coming year, from $2.68 to $2.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Bancorp is 15.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.73.Price to Earnings Ratio vs. SectorThe P/E ratio of First Bancorp is 15.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.71.Price to Book Value per Share RatioFirst Bancorp has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about First Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupPrepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE About First Bancorp Stock (NASDAQ:FBNC)First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.Read More FBNC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FBNC Stock News HeadlinesSeptember 13 at 9:20 AM | prnewswire.comFirst Bancorp Announces Cash DividendSeptember 11, 2024 | gurufocus.comFirst Bancorp (FBNC) Shares Gap Down to $40.38 on Sep 11September 16, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.September 8, 2024 | americanbankingnews.comFirst Bancorp (NASDAQ:FBNC) Lowered to Sell at StockNews.comAugust 29, 2024 | finance.yahoo.comFirst Bancorp (FBNC)August 13, 2024 | finance.yahoo.comFirst Bancorp Second Quarter 2024 Earnings: Beats ExpectationsAugust 8, 2024 | markets.businessinsider.comFirst National Corporation and Touchstone Bankshares, Inc. Announce Receipt of Regulatory Approvals for MergerAugust 6, 2024 | seekingalpha.comThe First Bancorp: Not The First On My ListSeptember 16, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 30, 2024 | prnewswire.comFIRST BANCORP ANNOUNCES RETIREMENT OF DIRECTORJuly 29, 2024 | finance.yahoo.comFirst Bancorp (NASDAQ:FBNC) investors are up 11% in the past week, but earnings have declined over the last yearJuly 29, 2024 | globenewswire.comFirst Bancorp of Indiana, Inc. Announces Suspension of Quarterly Cash DividendJuly 25, 2024 | msn.comServiceNow (NOW) Q2 2024 Earnings Call TranscriptJuly 24, 2024 | chron.comThe First Bancorp Inc.: Q2 Earnings SnapshotJuly 24, 2024 | markets.businessinsider.comFNLC Stock Earnings: First Bancorp Reported Results for Q2 2024July 24, 2024 | gurufocus.comFirst Bancorp Inc (FNLC) Reports Q2 2024 Earnings: EPS of $0.55, Net Income at $6. ...July 24, 2024 | prnewswire.comFirst Bancorp Reports Second Quarter ResultsJuly 22, 2024 | markets.businessinsider.comFirst Bancorp earnings preview: what to expectSee More Headlines Receive FBNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/25 Dividend6/28/2024Last Earnings7/24/2024Dividend Payable7/25/2024Today9/16/2024Ex-Dividend for 10/25 Dividend9/30/2024Next Earnings (Estimated)10/23/2024Dividend Payable10/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:FBNC CUSIP31891010 CIK811589 Webwww.localfirstbank.com Phone(910) 246-2500Fax910-576-0662Employees1,445Year Founded1948Price Target and Rating Average Stock Price Target$38.50 High Stock Price Target$45.00 Low Stock Price Target$32.00 Potential Upside/Downside-10.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.77 Trailing P/E Ratio15.44 Forward P/E Ratio15.96 P/E GrowthN/ANet Income$104.13 million Net Margins20.17% Pretax Margin25.58% Return on Equity8.39% Return on Assets0.94% Debt Debt-to-Equity Ratio0.07 Current Ratio0.82 Quick Ratio0.82 Sales & Book Value Annual Sales$546.25 million Price / Sales3.23 Cash Flow$3.42 per share Price / Cash Flow12.51 Book Value$33.40 per share Price / Book1.28Miscellaneous Outstanding Shares41,280,000Free Float39,667,000Market Cap$1.77 billion OptionableOptionable Beta1.03 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Richard Hancock Moore (Age 63)Chairman & CEO Comp: $657.92kMr. Michael G. Mayer (Age 63)President & Director Comp: $974.79kMs. Elizabeth B. Bostian (Age 44)Executive VP, General Counsel, CFO & Secretary Comp: $545.77kMr. Gregory A. Currie (Age 46)President of First Bank Comp: $604.77kMr. Brent Hicks (Age 52)Executive VP & Chief Accounting Officer Ms. Blaise Buczkowski (Age 60)Executive Vice President of Corporate Finance More ExecutivesKey CompetitorsStock Yards BancorpNASDAQ:SYBTGreat Western BancorpNYSE:GWBS&T BancorpNASDAQ:STBA1st SourceNASDAQ:SRCETriCo BancsharesNASDAQ:TCBKView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 10,024 shares on 9/5/2024Ownership: 0.024%Founders Financial Alliance LLCSold 5,017 shares on 8/26/2024Ownership: 0.397%Truist Financial CorpBought 21,749 shares on 8/21/2024Ownership: 0.085%The Manufacturers Life Insurance Company Bought 566 shares on 8/15/2024Ownership: 0.051%Public Sector Pension Investment BoardBought 6,366 shares on 8/14/2024Ownership: 0.220%View All Insider TransactionsView All Institutional Transactions FBNC Stock Analysis - Frequently Asked Questions How have FBNC shares performed this year? First Bancorp's stock was trading at $37.01 at the start of the year. Since then, FBNC shares have increased by 15.6% and is now trading at $42.77. View the best growth stocks for 2024 here. How were First Bancorp's earnings last quarter? First Bancorp (NASDAQ:FBNC) released its quarterly earnings results on Wednesday, July, 24th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.11. The financial services provider had revenue of $143.42 million for the quarter, compared to analysts' expectations of $94 million. First Bancorp had a net margin of 20.17% and a trailing twelve-month return on equity of 8.39%. Who are First Bancorp's major shareholders? First Bancorp's top institutional investors include Dimensional Fund Advisors LP (5.11%), William Blair Investment Management LLC (1.95%), Victory Capital Management Inc. (1.45%) and Bank of New York Mellon Corp (0.89%). Insiders that own company stock include Mason Y Garrett, Richard H Moore, Michael Goodwin Mayer, Carlie C Mclamb Jr, Elizabeth B Bostian, Mary Clara Capel, Dexter V Perry and J Randolph Potter. View institutional ownership trends. How do I buy shares of First Bancorp? Shares of FBNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of First Bancorp own? Based on aggregate information from My MarketBeat watchlists, some other companies that First Bancorp investors own include Hawkins (HWKN), Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH) and AMC Entertainment (AMC). 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