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In the latest session, First Bancorp PR (NYSE: FBP) closed at $19.35 down -1.23% from its previous closing price of $19.59. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 0.78 million shares were traded. FBP stock price reached its highest trading level at $19.57 during the session, while it also had its lowest trading level at $19.29.
Ratios:
For a deeper understanding of First Bancorp PR’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on October 25, 2024, Reiterated its Outperform rating but revised its target price to $24 from $25 previously.
Hovde Group reiterated its Outperform rating for the stock on July 24, 2024, while the target price for the stock was revised from $21 to $25.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 03 ’24 when McDonald Michael sold 1,944 shares for $21.51 per share. The transaction valued at 41,815 led to the insider holds 87,476 shares of the business.
McDonald Michael sold 7,612 shares of FBP for $164,800 on Aug 26 ’24. The EVP now owns 89,420 shares after completing the transaction at $21.65 per share. On Sep 09 ’24, another insider, Frye Daniel Edward, who serves as the Director of the company, bought 7,662 shares for $21.63 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FBP now has a Market Capitalization of 3210319872 and an Enterprise Value of 3078214400. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.69, and their Forward P/E ratio for the next fiscal year is 10.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 3.543.
Stock Price History:
Over the past 52 weeks, FBP has reached a high of $22.12, while it has fallen to a 52-week low of $13.18. The 50-Day Moving Average of the stock is -5.78%, while the 200-Day Moving Average is calculated to be 4.64%.
Shares Statistics:
For the past three months, FBP has traded an average of 989.03K shares per day and 1066440 over the past ten days. A total of 169.30M shares are outstanding, with a floating share count of 159.84M. Insiders hold about 2.46% of the company’s shares, while institutions hold 94.45% stake in the company. Shares short for FBP as of 1728950400 were 3093563 with a Short Ratio of 3.13, compared to 1726185600 on 2663977. Therefore, it implies a Short% of Shares Outstanding of 3093563 and a Short% of Float of 2.75.
Dividends & Splits
According to the company, the forward annual dividend rate for FBP is 0.62, from 0.62 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0316488The stock’s 5-year Average Dividend Yield is 2.86.
