With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.2 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $44.55 whereas the lowest price it dropped to was $43.435. The 52-week range on FBNC shows that it touched its highest point at $45.41 and its lowest point at $26.00 during that stretch. It currently has a 1-year price target of $45.00. With its current market cap of 1.80 billion, FBNC has annualized dividend of $0.88 while the current yield stands at 2.02%. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FBNC was up-trending over the past week, with a rise of 2.80%, but this was up by 6.52% over a month. Three-month performance surged to 44.34% while six-month performance rose 23.32%. The stock gained 59.14% in the past year, while it has gained 17.86% so far this year. A look at the trailing 12-month EPS for FBNC yields 2.75 with Next year EPS estimates of 2.87. For the next quarter, that number is 0.70. This implies an EPS growth rate of 7.31% for this year and 5.52% for next year. EPS is expected to grow by 8.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.39%.
Float and Shares Shorts:
At present, 41.11 million FBNC shares are outstanding with a float of 39.78 million shares on hand for trading. On 2024-08-30, short shares totaled 0.99 million, which was 240.0 higher than short shares on 1722384000. In addition to Mr. Richard Hancock Moore as the firm’s Chairman & CEO, Mr. Michael G. Mayer serves as its President & Director.
Institutional Ownership:
Through their ownership of 0.64358 of FBNC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FBNC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
