First Financial Bancorp. (FFBC)
NASDAQ: FFBC · IEX Real-Time Price · USD
22.60
+0.65 (2.96%)
Apr 23, 2024, 4:00 PM EDT - Market closed
First Financial Bancorp. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for FFBC stock have an average target of 24.5, with a low estimate of 24 and a high estimate of 26. The average target predicts an increase of 8.41% from the current stock price of 22.60.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for FFBC 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $24 | Hold | Reiterates | $24 | +6.19% | Apr 9, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $26 | Buy | Initiates | $26 | +15.04% | Feb 23, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $24 | Hold | Reiterates | $24 | +6.19% | Jan 29, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $22 → $21 | Hold | Maintains | $22 → $21 | -7.08% | Oct 26, 2023 |
| RBC Capital | RBC Capital | Hold Reiterates $24 | Hold | Reiterates | $24 | +6.19% | Jul 24, 2023 |
Financial Forecast
Revenue This Year
819.24M
from 797.09M
Increased by 2.78%
Revenue Next Year
832.32M
from 819.24M
Increased by 1.60%
EPS This Year
2.35
from 2.69
Decreased by -12.54%
EPS Next Year
2.32
from 2.35
Decreased by -1.23%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 860.0M | 879.6M |
| Avg | 819.2M | 832.3M |
| Low | 747.9M | 761.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.9% | 7.4% |
| Avg | 2.8% | 1.6% |
| Low | -6.2% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.47 | 2.47 |
| Avg | 2.35 | 2.32 |
| Low | 2.21 | 2.14 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -8.3% | 4.9% |
| Avg | -12.5% | -1.2% |
| Low | -18.0% | -9.2% |
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.