With 1.07 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.37 million shares. The 52-week range on FBP shows that it touched its highest point at $22.40 and its lowest point at $16.40 during that stretch. It currently has a 1-year price target of $23.50. With its current market cap of 3.41 billion, FBP has annualized dividend of $0.66 while the current yield stands at 3.13%. Beta for the stock currently stands at 0.94.
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 up-trending over the past week, with a rise of 4.04%, but this was up by 17.16% over a month. Three-month performance surged to 3.18% while six-month performance fell -2.68%. The stock gained 17.09% in the past year, while it has gained 13.50% so far this year. A look at the trailing 12-month EPS for FBP yields 1.84 with Next year EPS estimates of 2.15. For the next quarter, that number is 0.46. This implies an EPS growth rate of 5.83% for this year and 12.42% for next year. EPS is expected to grow by 10.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.97%.
Float and Shares Shorts:
At present, 163.10 million FBP shares are outstanding with a float of 157.83 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.77445 being high and $1.73457 being low. For FBP, this leads to a yearly average estimate of $1.75451.
