With 0.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.61 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $27.625 whereas the lowest price it dropped to was $27.2101. The 52-week range on FHB shows that it touched its highest point at $28.80 and its lowest point at $19.48 during that stretch. It currently has a 1-year price target of $25.62. With its current market cap of 3.50 billion, FHB has annualized dividend of $1.04 while the current yield stands at 3.80%. Beta for the stock currently stands at 0.97.
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 FHB was down-trending over the past week, with a drop of -0.87%, but this was up by 7.72% over a month. Three-month performance surged to 18.44% while six-month performance rose 36.39%. The stock gained 34.71% in the past year, while it has gained 19.69% so far this year. A look at the trailing 12-month EPS for FHB yields 1.76 with Next year EPS estimates of 1.66. For the next quarter, that number is 0.43. This implies an EPS growth rate of -0.66% for this year and -9.24% for next year. EPS is expected to grow by 2.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.97%.
Float and Shares Shorts:
At present, 127.89 million FHB shares are outstanding with a float of 127.12 million shares on hand for trading. On 2024-11-15, short shares totaled 4.56 million, which was 357.0 higher than short shares on 1728950400. In addition to Mr. Robert Scott Harrison as the firm’s Chairman of the Board, President & CEO, Mr. James M. Moses serves as its Vice Chairman of Finance Group & CFO.
Institutional Ownership:
Through their ownership of 1.01269 of FHB’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 FHB since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 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 FHB analysts setting a high price target of 30.0 and a low target of 22.0, the average target price over the next 12 months is 25.375. Based on these targets, FHB could surge 9.65% to reach the target high and fall by -19.59% to reach the target low. Reaching the average price target will result in a decline of -7.26% from current levels.
Analysts have provided yearly estimates in a range of $1.84663 being high and $1.80671 being low. For FHB, this leads to a yearly average estimate of $1.82667. The surprise factor in the prior quarter was $0.42. Based on analyst estimates, the high estimate for the next quarter is $0.41 and the low estimate is $0.36. The average estimate for the next quarter is thus $0.39.
