First Bancorp (FBNC)
NASDAQ: FBNC · IEX Real-Time Price · USD
38.15
-0.06 (-0.16%)
At close: Jul 19, 2024, 4:00 PM
38.13
-0.02 (-0.05%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
First Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for First Bancorp stock have an average target of 34.33, with a low estimate of 32 and a high estimate of 37. The average target predicts a decrease of -10.01% from the current stock price of 38.15.
Analyst Consensus: Buy
* Price targets were last updated on Oct 26, 2023.
Analyst Ratings
The average analyst rating for First Bancorp stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Buy Maintains $34 → $32 | Buy | Maintains | $34 → $32 | -16.12% | Oct 26, 2023 |
DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $37 → $34 | Hold → Strong Buy | Upgrades | $37 → $34 | -10.88% | Sep 14, 2023 |
Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 31, 2023 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $40 → $37 | Buy | Maintains | $40 → $37 | -3.01% | Jul 27, 2023 |
Raymond James | Raymond James | Buy Maintains $43 → $36 | Buy | Maintains | $43 → $36 | -5.64% | May 1, 2023 |
Financial Forecast
Revenue This Year
386.53M
from 386.34M
Increased by 0.05%
Revenue Next Year
406.37M
from 386.53M
Increased by 5.13%
EPS This Year
2.57
from 2.53
Increased by 1.60%
EPS Next Year
2.82
from 2.57
Increased by 9.52%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 398.9M | 425.0M |
Avg | 386.5M | 406.4M |
Low | 370.4M | 384.2M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 3.3% | 10.0% |
Avg | 0.1% | 5.1% |
Low | -4.1% | -0.6% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 2.82 | 3.26 |
Avg | 2.57 | 2.82 |
Low | 2.36 | 2.41 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | 11.6% | 26.6% |
Avg | 1.6% | 9.5% |
Low | -6.6% | -6.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.