With 0.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.17 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $48.81 whereas the lowest price it dropped to was $47.72. The 52-week range on FBK shows that it touched its highest point at $49.97 and its lowest point at $27.42 during that stretch. It currently has a 1-year price target of $47.83. With its current market cap of 2.23 billion, FBK has annualized dividend of $0.66 while the current yield stands at 1.38%. Beta for the stock currently stands at 1.13.
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 FBK was up-trending over the past week, with a rise of 2.97%, but this was up by 6.38% over a month. Three-month performance surged to 31.36% while six-month performance rose 28.43%. The stock gained 69.89% in the past year, while it has gained 20.05% so far this year. A look at the trailing 12-month EPS for FBK yields 2.48 with Next year EPS estimates of 3.34. For the next quarter, that number is 0.80. This implies an EPS growth rate of 8.40% for this year and 2.39% for next year.
Float and Shares Shorts:
At present, 46.85 million FBK shares are outstanding with a float of 34.75 million shares on hand for trading. On 2024-08-30, short shares totaled 0.5 million, which was 106.99999999999999 higher than short shares on 1722384000. In addition to Mr. Christopher T. Holmes as the firm’s President, CEO & Director, Mr. Michael M. Mettee serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.66613 of FBK’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 FBK 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.
