First BanCorp. [FBP] has traded in a range of $3.50 to $11.01 in the last 1 year. As of this writing, the stock is at $8.31, down -0.12%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, FBP shares are 1.34% up with the monthly amount drift of 38.90% and seems well in a long time frame.

On 4, November 2020, First BanCorp. Announces Payment of Dividends on Preferred Stock. According to news published on Yahoo Finance, First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the “Preferred Stock”):.

Analyst Birdseye View:

The most recent analyst activity for First BanCorp. [NYSE:FBP] stock was on September 20, 2018, when it was Upgrade with a Buy rating from BofA/Merrill. On December 21, 2017, Citigroup Upgrade a Buy rating. On February 08, 2017, Citigroup Initiated a Neutral rating and increased its price target to $7. On April 08, 2016, Piper Jaffray Initiated an Overweight rating. On July 27, 2015, Guggenheim Upgrade a Buy rating. On June 29, 2015, Guggenheim Downgrade a Neutral rating. BofA/Merrill elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.50 and a peak of $11.01. Right now, according to Wall Street analyst the average 12-month amount target is $8.75. At the most recent market close, shares of First BanCorp. [NYSE:FBP] were valued at $8.31. According to the average price forecast, investors can expect a potential return of 2.78%.

FUNDAMENTAL ANALYSIS

First BanCorp. [NYSE:FBP] most recently reported quarterly sales of 170.4 billion, which represented growth of -1.10%. This publicly-traded organization’s revenue is $283,128 per employee, while its income is $62,594 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.34, 7.83, 8.28 and 5.59 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 33.10 and the whole liability to whole assets at 8.67. It shows enduring liability to the whole principal at 25.89 and enduring liability to assets at 0.07 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 8.20 points at 1st support level, the second support level is making up to 8.08. But as of 1st resistance point, this stock is sitting at 8.43 and at 8.53 for 2nd resistance point.

First BanCorp. [FBP] reported its earnings at $0.1 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.12/share signifying the difference of -0.02 and -16.70% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.1 calling estimates for $0.06/share with the difference of 0.04 depicting the surprise of 66.70%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.04, it’s amount to book ratio is 1.05 and showing 21.06 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Frye Daniel Edward, Director, and it was the purchase of 27.0 shares on Mar 13.