With 0.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.02 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $20.98 whereas the lowest price it dropped to was $20.44. The 52-week range on FBP shows that it touched its highest point at $22.40 and its lowest point at $15.15 during that stretch. It currently has a 1-year price target of $23.50. With its current market cap of 3.35 billion, FBP has annualized dividend of $0.64 while the current yield stands at 3.13%. Beta for the stock currently stands at 1.12.
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 FBP was down-trending over the past week, with a drop of -3.13%, but this was up by 4.98% over a month. Three-month performance surged to 0.44% while six-month performance rose 18.21%. The stock gained 29.19% in the past year, while it has gained 24.32% so far this year. A look at the trailing 12-month EPS for FBP yields 1.81 with Next year EPS estimates of 1.78. For the next quarter, that number is 0.41. This implies an EPS growth rate of 2.89% for this year and 1.02% for next year. EPS is expected to grow by 7.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.24%.
Float and Shares Shorts:
At present, 163.88 million FBP shares are outstanding with a float of 160.15 million shares on hand for trading. On 2024-11-15, short shares totaled 2.74 million, which was 167.0 higher than short shares on 1728950400. In addition to Mr. Aurelio Aleman-Bermudez as the firm’s President, CEO & Director, Mr. Donald L. Kafka serves as its Executive VP & COO.
Institutional Ownership:
Through their ownership of 0.96771 of FBP’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 FBP since 3 analysts follow the stock currently. There are 2 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 FBP analysts setting a high price target of 25.0 and a low target of 21.0, the average target price over the next 12 months is 23.5. Based on these targets, FBP could surge 22.25% to reach the target high and rise by 2.69% to reach the target low. Reaching the average price target will result in a growth of 14.91% from current levels.
Analysts have provided yearly estimates in a range of $1.77945 being high and $1.73947 being low. For FBP, this leads to a yearly average estimate of $1.75946. The surprise factor in the prior quarter was $0.4. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.42.
