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First BanCorp is a banks-regional business based in the US. First BanCorp shares (FBP) are listed on the NYSE and all prices are listed in US Dollars. First BanCorp employs 3,317 staff and has a trailing 12-month revenue of around USD$535.8 million.
|52-week range||USD$4.0197 - USD$12.59|
|50-day moving average||USD$10.8214|
|200-day moving average||USD$8.4871|
|Wall St. target price||USD$11.69|
|Dividend yield||USD$0.2 (1.82%)|
|Earnings per share (TTM)||USD$0.459|
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing First BanCorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First BanCorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
First BanCorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, First BanCorp shares trade at around 24x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
First BanCorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.86. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First BanCorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$535.8 million|
|Operating margin TTM||28.61%|
|Gross profit TTM||USD$535.8 million|
|Return on assets TTM||0.65%|
|Return on equity TTM||4.54%|
|Market capitalisation||USD$2.4 billion|
TTM: trailing 12 months
There are currently 6.4 million First BanCorp shares held short by investors – that's known as First BanCorp's "short interest". This figure is 13.5% down from 7.4 million last month.
There are a few different ways that this level of interest in shorting First BanCorp shares can be evaluated.
First BanCorp's "short interest ratio" (SIR) is the quantity of First BanCorp shares currently shorted divided by the average quantity of First BanCorp shares traded daily (recently around 1.7 million). First BanCorp's SIR currently stands at 3.68. In other words for every 100,000 First BanCorp shares traded daily on the market, roughly 3680 shares are currently held short.
However First BanCorp's short interest can also be evaluated against the total number of First BanCorp shares, or, against the total number of tradable First BanCorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case First BanCorp's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 First BanCorp shares in existence, roughly 30 shares are currently held short) or 0.0404% of the tradable shares (for every 100,000 tradable First BanCorp shares, roughly 40 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against First BanCorp.
Find out more about how you can short First BanCorp stock.
Dividend payout ratio: 50% of net profits
Recently First BanCorp has paid out, on average, around 50% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.43% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First BanCorp shareholders could enjoy a 2.43% return on their shares, in the form of dividend payments. In First BanCorp's case, that would currently equate to about $0.2 per share.
First BanCorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
First BanCorp's most recent dividend payout was on 11 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 24 February 2021 (the "ex-dividend date").
First BanCorp's shares were split on a 1:15 basis on 6 January 2011. So if you had owned 15 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your First BanCorp shares – just the quantity. However, indirectly, the new 1400% higher share price could have impacted the market appetite for First BanCorp shares which in turn could have impacted First BanCorp's share price.
Over the last 12 months, First BanCorp's shares have ranged in value from as little as $4.0197 up to $12.59. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while First BanCorp's is 1.364. This would suggest that First BanCorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to retail, commercial, and institutional clients. The company operates in six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial real estate and construction loans, floor plan financing, and cash and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loan products and related hedging activities; and acquisition and sale of mortgages in the secondary markets. The Consumer (Retail) Banking segment provides auto, boat, and personal loans; credit cards; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); finance leasing and insurance services. The Treasury and Investments segment engages in the treasury and investment management activities, such as funding and liquidity management. The United States Operations segment offers savings, checking, and money market accounts, as well as retail CDs; and residential mortgages, home equity loans, lines of credit, and term loans, as well as Internet banking, cash management, remote data capture, and automated clearing house transaction services. The Virgin Islands Operations segment is involved in the consumer, commercial lending, and deposit-taking activities. As of December 31, 2020, the company operated 73 branches in Puerto Rico, 11 branches in the U.S. Virgin Islands and British Virgin Islands, and 10 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in Santurce, Puerto Rico.
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