First BanCorp. (FBP)
NYSE: FBP · IEX Real-Time Price · USD
20.65
+0.03 (0.15%)
At close: Jul 19, 2024, 4:00 PM
50.00
+29.35 (142.13%)
After-hours: Jul 20, 2024, 1:23 PM 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 20.33, with a low estimate of 19 and a high estimate of 21. The average target predicts a decrease of -1.55% from the current stock price of 20.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for First BanCorp. stock from 3 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | -7.99% | Jul 9, 2024 |
| Raymond James | Raymond James | Buy Initiates $21 | Buy | Initiates | $21 | +1.69% | Jul 9, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $19 → $21 | Buy | Maintains | $19 → $21 | +1.69% | Apr 25, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | -12.83% | Apr 10, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $19 → $19 | Buy | Maintains | $19 → $19 | -7.99% | Jan 25, 2024 |
Financial Forecast
Revenue This Year
822.67M
from 868.86M
Decreased by -5.32%
Revenue Next Year
867.40M
from 822.67M
Increased by 5.44%
EPS This Year
1.72
from 1.71
Increased by 0.74%
EPS Next Year
1.87
from 1.72
Increased by 8.64%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 869.7M | 933.7M |
| Avg | 822.7M | 867.4M |
| Low | 787.6M | 804.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 0.1% | 13.5% |
| Avg | -5.3% | 5.4% |
| Low | -9.4% | -2.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.90 | 2.01 |
| Avg | 1.72 | 1.87 |
| Low | 1.63 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 11.1% | 16.4% |
| Avg | 0.7% | 8.6% |
| Low | -4.9% | 2.4% |
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.