Check out these key findings about First Financial Bancorp (FFBC)

With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $30.0 whereas the lowest price it dropped to was $29.12. The 52-week range on FFBC shows that it touched its highest point at $30.11 and its lowest point at $19.00 during that stretch. It currently has a 1-year price target of $28.38. With its current market cap of 2.78 billion, FFBC has annualized dividend of $0.93 while the current yield stands at 3.19%. Beta for the stock currently stands at 1.00.

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 FFBC was down-trending over the past week, with a drop of -0.92%, but this was up by 12.82% over a month. Three-month performance surged to 18.37% while six-month performance rose 22.76%. The stock gained 51.56% in the past year, while it has gained 22.65% so far this year. A look at the trailing 12-month EPS for FFBC yields 2.32 with Next year EPS estimates of 2.45. For the next quarter, that number is 0.65. This implies an EPS growth rate of -11.82% for this year and 3.29% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.91%.

Float and Shares Shorts:

At present, 95.14 million FFBC shares are outstanding with a float of 93.47 million shares on hand for trading. On 2024-10-31, short shares totaled 1.51 million, which was 158.00001 higher than short shares on 1727654400. In addition to Mr. Archie M. Brown Jr. as the firm’s President, CEO & Director, Mr. James Michael Anderson serves as its Executive VP, CFO & COO.

Institutional Ownership:

Through their ownership of 0.78452003 of FFBC’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 FFBC since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FFBC analysts setting a high price target of 28.0 and a low target of 27.5, the average target price over the next 12 months is 27.875. Based on these targets, FFBC could drop -3.88% to reach the target high and fall by -5.6% to reach the target low. Reaching the average price target will result in a decline of -4.31% from current levels.

Analysts have provided yearly estimates in a range of $2.40013 being high and $2.34387 being low. For FFBC, this leads to a yearly average estimate of $2.372. The surprise factor in the prior quarter was $0.59. Based on analyst estimates, the high estimate for the next quarter is $0.6 and the low estimate is $0.54. The average estimate for the next quarter is thus $0.58.