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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:FUNC

First United (FUNC) Stock Price, News & Analysis

$22.91
+0.29 (+1.28%)
(As of 03/28/2024 ET)
Today's Range
$22.55
$23.00
50-Day Range
$21.21
$23.16
52-Week Range
$12.56
$24.28
Volume
10,168 shs
Average Volume
25,326 shs
Market Capitalization
$152.12 million
P/E Ratio
10.23
Dividend Yield
3.49%
Price Target
N/A

First United MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.22% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.47mentions of First United in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$2,982 Bought Last Quarter
Proj. Earnings Growth
14.29%
From $2.80 to $3.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.71 out of 5 stars

Finance Sector

95th out of 850 stocks

National Commercial Banks Industry

14th out of 83 stocks

FUNC stock logo

About First United Stock (NASDAQ:FUNC)

First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. It offers various deposit products, which includes checking, savings, and money market deposit accounts, as well as certificates of deposit. The company loan portfolio includes commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. It also offers access to multi-million-dollar certificates of deposit and the insured cash sweep program including multi-million-dollar savings and demand deposits to municipalities, businesses, and consumers; and treasury management, cash sweep, and various checking services. In addition, the company provides trust services, which includes personal trust, investment agency accounts, charitable trusts, retirement accounts including IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning; and insurance products, brokerage services, and safe deposit and night depository facilities. First United Corporation was incorporated in 1984 and is headquartered in Oakland, Maryland.

FUNC Stock Price History

FUNC Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
No State Within A State
Community Bank System (CBU) Q4 Earnings Lag Estimates
First United: Dividend Insights
First United declares $0.20 dividend
First United Corp FUNC
See More Headlines
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Company Calendar

Ex-Dividend for 2/1 Dividend
1/17/2024
Dividend Payable
2/01/2024
Last Earnings
2/05/2024
Today
3/28/2024
Ex-Dividend for 5/1 Dividend
4/16/2024
Next Earnings (Estimated)
4/22/2024
Dividend Payable
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:FUNC
Employees
304
Year Founded
N/A

Profitability

Net Income
$15.06 million
Pretax Margin
20.37%

Debt

Sales & Book Value

Annual Sales
$99.49 million
Cash Flow
$3.41 per share
Book Value
$24.21 per share

Miscellaneous

Free Float
6,125,000
Market Cap
$150.20 million
Optionable
Not Optionable
Beta
0.85
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FUNC Stock Analysis - Frequently Asked Questions

How have FUNC shares performed in 2024?

First United's stock was trading at $23.51 at the start of the year. Since then, FUNC shares have decreased by 2.2% and is now trading at $23.00.
View the best growth stocks for 2024 here
.

Are investors shorting First United?

First United saw a drop in short interest in March. As of March 15th, there was short interest totaling 13,800 shares, a drop of 38.4% from the February 29th total of 22,400 shares. Based on an average daily volume of 25,100 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company's stock are short sold.
View First United's Short Interest
.

When is First United's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our FUNC earnings forecast
.

How were First United's earnings last quarter?

First United Co. (NASDAQ:FUNC) issued its quarterly earnings data on Monday, February, 5th. The bank reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.21. The bank earned $26.98 million during the quarter, compared to analyst estimates of $14.68 million. First United had a trailing twelve-month return on equity of 12.03% and a net margin of 15.12%.

How often does First United pay dividends? What is the dividend yield for First United?

First United announced a quarterly dividend on Wednesday, March 6th. Stockholders of record on Wednesday, April 17th will be paid a dividend of $0.20 per share on Wednesday, May 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date is Tuesday, April 16th.
Read our dividend analysis for FUNC
.

Is First United a good dividend stock?

First United (NASDAQ:FUNC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.54%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUNC will have a dividend payout ratio of 25.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FUNC.

What is William B. Grant's approval rating as First United's CEO?

2 employees have rated First United Chief Executive Officer William B. Grant on Glassdoor.com. William B. Grant has an approval rating of 100% among the company's employees. This puts William B. Grant in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of First United own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First United investors own include Advanced Micro Devices (AMD), American Superconductor (AMSC), Arcos Dorados (ARCO), Versartis (VSAR), Pfizer (PFE), Tapestry (TPR), Verizon Communications (VZ), AbbVie (ABBV), Carnival Co. & (CCL) and Cinemark (CNK).

Who are First United's major shareholders?

First United's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.02%), Gendell Jeffrey L (2.51%), Basswood Capital Management L.L.C. (2.33%), Bridgeway Capital Management LLC (1.03%), Pinnacle Holdings LLC (0.89%) and Goldman Sachs Group Inc. (0.33%). Insiders that own company stock include Brian R Boal, Carissa Lynn Rodeheaver, Christy Dipietro, Irvin Robert Rudy, Jason Barry Rush, John F Barr, John F Barr, John Mccullough, Marisa A Shockley and Tc Group Cayman Investment Hol.
View institutional ownership trends
.

How do I buy shares of First United?

Shares of FUNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FUNC) was last updated on 3/28/2024 by MarketBeat.com Staff

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