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The price of First Bancorp PR (NYSE: FBP) closed at $19.04 in the last session, up 0.95% from day before closing price of $18.86. In other words, the price has increased by $0.95 from its previous closing price. On the day, 1.58 million shares were traded. FBP stock price reached its highest trading level at $19.155 during the session, while it also had its lowest trading level at $18.93.
Ratios:
We take a closer look at FBP’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.24.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 05 ’25 when Power Carlos sold 45,797 shares for $20.77 per share. The transaction valued at 951,204 led to the insider holds 186,543 shares of the business.
Power Carlos sold 10,321 shares of FBP for $214,161 on Feb 07 ’25. The EVP now owns 176,222 shares after completing the transaction at $20.75 per share. On Nov 29 ’24, another insider, Heffern John A., who serves as the Director of the company, sold 15,000 shares for $20.53 each. As a result, the insider received 308,007 and left with 74,570 shares of the company.
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 3120027904 and an Enterprise Value of 3569481984. As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.53, and their Forward P/E ratio for the next fiscal year is 9.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 4.057.
Stock Price History:
The Beta on a monthly basis for FBP is 0.90, which has changed by 0.12997031 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, FBP has reached a high of $22.40, while it has fallen to a 52-week low of $16.25. The 50-Day Moving Average of the stock is -2.49%, while the 200-Day Moving Average is calculated to be -3.86%.
Shares Statistics:
According to the various share statistics, FBP traded on average about 1.11M shares per day over the past 3-months and 2089140 shares per day over the past 10 days. A total of 163.87M shares are outstanding, with a floating share count of 160.34M. Insiders hold about 2.15% of the company’s shares, while institutions hold 97.36% stake in the company. Shares short for FBP as of 1740700800 were 3902256 with a Short Ratio of 3.52, compared to 1738281600 on 4068208. Therefore, it implies a Short% of Shares Outstanding of 3902256 and a Short% of Float of 3.47.
Dividends & Splits
The forward annual dividend rate for FBP is 0.66, which was 0.64 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03393425The stock’s 5-year Average Dividend Yield is 3.01. The current Payout Ratio is 35.41% for FBP, which recently paid a dividend on 2024-08-29 with an ex-dividend date of 1740096000. Stock splits for the company last occurred on 2011-01-07 when the company split stock in a 1:15 ratio.
