First Community (FCCO) Stock Price, News & Analysis

Company Overview

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. Its deposit products include checking, NOW, savings, and individual retirement accounts; and demand deposits, as well as other time deposits, such as daily money market accounts and longer-term certificates of deposit. The company's loan portfolio comprises commercial loans that include secured and unsecured loans for working capital, business expansion, and the purchase of equipment and machinery; consumer loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; real estate construction and acquisition loans; and fixed and variable rate mortgage loans. It also provides online banking, internet banking, cash management, safe deposit boxes, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, the company offers non-deposit investment products and other investment brokerage services; VISA and MasterCard credit card services; investment advisory services; and insurance services. The company was incorporated in 1994 and is headquartered in Lexington, South Carolina.

Key Stats

• Today's Range: $24.00 to $24.42
• 50-Day Range: $21.37 to $26.17
• 52-Week Range: $15.40 to $26.48
• Volume: 4,592 shs
• Average Volume: 27,773 shs
• Market Capitalization: $185.22 million
• P/E Ratio: 14.34
• Dividend Yield: 2.48%
• Price Target: $21.00
• Consensus Rating: Buy

First Community Stock Analysis - MarketRank™

First Community scored higher than 58% of companies evaluated by MarketBeat, and ranked 539th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

First Community has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

First Community has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 18.18%

Earnings Growth

Earnings for First Community are expected to grow by 18.18% in the coming year, from $1.76 to $2.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Community is 14.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Community is 14.34, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.07.

Price to Book Value per Share Ratio

First Community has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.14% of the float of First Community has been sold short.

Short Interest Ratio / Days to Cover

First Community has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Community has recently increased by 32.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

First Community pays a meaningful dividend of 2.48%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Community does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of First Community is 35.50%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Community will have a dividend payout ratio of 28.85% next year. This indicates that First Community will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.14% of the float of First Community has been sold short.

Short Interest Ratio / Days to Cover

First Community has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Community has recently increased by 32.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.08

News Sentiment

First Community has a news sentiment score of 0.08. 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 is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for First Community this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First Community insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.00% of the stock of First Community is held by insiders.

Percentage Held by Institutions

61.25% of the stock of First Community is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FCCO Stock Analysis - Frequently Asked Questions

How have FCCO shares performed this year?

First Community's stock was trading at $21.53 at the start of the year. Since then, FCCO shares have increased by 12.6% and is now trading at $24.24.
View the best growth stocks for 2024 here.

How were First Community's earnings last quarter?

First Community Co. (NASDAQ:FCCO) posted its quarterly earnings results on Wednesday, October, 16th. The bank reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.06. The bank had revenue of $26.73 million for the quarter, compared to analysts' expectations of $16.65 million. First Community had a trailing twelve-month return on equity of 9.57% and a net margin of 12.99%.

Who are First Community's major shareholders?

Top institutional investors of First Community include Fourthstone LLC (5.24%), The Manufacturers Life Insurance Company (4.81%), Strategic Value Bank Partners LLC (3.31%) and Hunter Perkins Capital Management LLC (2.38%). Insiders that own company stock include Michael C Crapps, E Leland Reynolds, Jan H Hollar, Edward J Tarver and Mickey Layden.
View institutional ownership trends.

How do I buy shares of First Community?

Shares of FCCO 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 Community own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Community investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Jabil (JBL), Adobe (ADBE), e.l.f. Beauty (ELF) and Builders FirstSource (BLDR).

Company Calendar

• Last Earnings: 10/16/2024
• Ex-Dividend for 11/12 Dividend: 10/29/2024
• Dividend Payable: 11/12/2024
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FCCO
• CUSIP: N/A
• CIK: 932781
• Web: www.firstcommunitysc.com
• Phone: (803) 951-2265
• Fax: 803-951-1722
• Employees: 250
• Year Founded: 1994

Price Target and Rating

• Average Stock Price Target: $21.00
• High Stock Price Target: $21.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: -13.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.69
• Trailing P/E Ratio: 14.36
• Forward P/E Ratio: 13.79
• P/E Growth: N/A
• Net Income: $11.84 million
• Net Margins: 12.99%
• Pretax Margin: 16.48%
• Return on Equity: 9.57%
• Return on Assets: 0.69%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 0.79
• Quick Ratio: 0.79

Sales & Book Value

• Annual Sales: $59.06 million
• Price / Sales: 3.14
• Cash Flow: $1.31 per share
• Price / Cash Flow: 18.51
• Book Value: $17.25 per share
• Price / Book: 1.41

Miscellaneous

• Outstanding Shares: 7,641,000
• Free Float: 7,412,000
• Market Cap: $185.45 million
• Optionable: Not Optionable
• Beta: 0.40