Brokerages forecast that First Community Co. (NASDAQ:FCCO – Get Rating) will announce earnings per share of $0.47 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for First Community’s earnings. The highest EPS estimate is $0.51 and the lowest is $0.44. First Community also reported earnings per share of $0.47 in the same quarter last year. The company is scheduled to report its next earnings report on Monday, January 1st.
On average, analysts expect that First Community will report full-year earnings of $1.96 per share for the current fiscal year, with EPS estimates ranging from $1.85 to $2.08. For the next fiscal year, analysts forecast that the company will report earnings of $2.06 per share, with EPS estimates ranging from $1.85 to $2.20. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover First Community.
First Community (NASDAQ:FCCO – Get Rating) last released its quarterly earnings data on Wednesday, April 20th. The bank reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. First Community had a return on equity of 11.23% and a net margin of 25.18%.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. raised its holdings in First Community by 18.7% during the fourth quarter. Russell Investments Group Ltd. now owns 136,299 shares of the bank’s stock valued at $2,827,000 after buying an additional 21,509 shares in the last quarter. Elizabeth Park Capital Advisors Ltd. lifted its position in shares of First Community by 7.7% during the 4th quarter. Elizabeth Park Capital Advisors Ltd. now owns 161,784 shares of the bank’s stock worth $3,377,000 after purchasing an additional 11,598 shares during the last quarter. Strategic Value Bank Partners LLC acquired a new position in shares of First Community during the 4th quarter worth about $2,882,000. BHZ Capital Management LP lifted its position in shares of First Community by 2.1% during the 4th quarter. BHZ Capital Management LP now owns 74,068 shares of the bank’s stock worth $1,546,000 after purchasing an additional 1,553 shares during the last quarter. Finally, CWM LLC acquired a new position in shares of First Community during the 4th quarter worth about $78,000. Institutional investors own 51.60% of the company’s stock.
Shares of FCCO traded up $0.14 during trading hours on Friday, hitting $20.35. 1,764 shares of the company were exchanged, compared to its average volume of 8,431. The company has a market capitalization of $153.87 million, a PE ratio of 9.93 and a beta of 0.65. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.66 and a quick ratio of 0.65. The firm has a fifty day simple moving average of $20.89 and a 200-day simple moving average of $20.83. First Community has a one year low of $18.00 and a one year high of $23.42.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 17th. Shareholders of record on Tuesday, May 3rd will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, May 2nd. This represents a $0.52 annualized dividend and a yield of 2.56%. First Community’s dividend payout ratio (DPR) is currently 25.37%.
About First Community (Get Rating)
First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.
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