First Bancorp (FBNC) Receives Consensus Rating of "Buy" from Analysts

STBA's profit would be $22.03 million giving it 16.08 P/E if the $0.63 EPS is correct. After $0.13 actual earnings per share reported by First Bancorp for the previous quarter, Wall Street now forecasts -61.54% negative EPS growth.

The stock increased 3.07% or $0.16 during the last trading session, reaching $5.38. About 30,454 shares traded. First Internet Bancorp (NASDAQ:INBK) has risen 9.91% since January 12, 2017 and is uptrending. It has outperformed by 16.14% the S&P500. Bowling Port Management Lc reported 0.09% of its portfolio in First Bancorp (NYSE:FBP). Putnam Investments Llc acquired 81,900 shares as Glatfelter (GLT)'s stock declined 23.06%. 191.13 million shares or 2.52% less from 196.07 million shares in 2017Q2 were reported. Glatfelter now has $962.82 million valuation. The stock increased 0.72% or $0.86 during the last trading session, reaching $119.84. About 367,133 shares traded. Senseonics Holdings, Inc. (NYSEAMERICAN:SENS) has declined 58.70% since January 13, 2017 and is downtrending. It has underperformed by 6.79% the S&P500.

Relative Strength Index (RSI) for First Bancorp (FBP) is at 60.99. Therefore 29% are positive. First Bancorp had 11 analyst reports since July 27, 2015 according to SRatingsIntel.

For the current quarter First Bancorp (NYSE:FBP) has average revenue estimates of $123.64 Million, a total number of 4 analysts provided estimations over revenues. Piper Jaffray maintained the stock with "Buy" rating in Friday, October 6 report. Keefe, Bruyette & Woods reiterated a "buy" rating and set a $41.00 price target on shares of First Bancorp in a research report on Friday, December 22nd. (TSE:GS) earned "Hold" rating by Desjardins Securities on Monday, September 21. Keefe Bruyette & Woods maintained First Bancorp (NYSE:FBP) rating on Wednesday, October 14. The stock has "Buy" rating by Brean Capital on Friday, December 1.

Among 12 analysts covering DaVita (NYSE:DVA), 4 have Buy rating, 3 Sell and 5 Hold. The stock of First Bancorp (NYSE:FBP) earned "Neutral" rating by Citigroup on Monday, November 20. Citigroup initiated the shares of FBP in report on Wednesday, February 8 with "Neutral" rating.

Investors sentiment increased to 4.27 in Q3 2017. FBP rose 0.2%, climbed 1.79% and sank -14.98% in the week, one month and six months, respectively.


In other First Bancorp news, insider Suzanne S. Deferie sold 12,001 shares of the company's stock in a transaction dated Wednesday, December 27th. 15 funds opened positions while 38 raised stakes. Heartland Advisors Inc who had been investing in First Internet Bancorp for a number of months, seems to be bullish on the $341.91 million market cap company. Bbva Compass Savings Bank holds 13,778 shares or 0.02% of its portfolio. Fil Limited, Bermuda-based fund reported 920,824 shares. Natixis invested in 0% or 26,946 shares. Meeder Asset Mgmt Inc holds 0.01% of its portfolio in First Bancorp (NYSE:FBP) for 10,411 shares. Moreover, Macquarie Limited has 0% invested in First Bancorp (NYSE:FBP) for 128,800 shares. Principal Financial Gp holds 1.39M shares or 0.01% of its portfolio. Guggenheim Ltd Company holds 0.01% of its portfolio in First Bancorp (NYSE:FBP) for 426,347 shares. The New York-based Jpmorgan Chase & has invested 0% in First Internet Bancorp (NASDAQ:INBK). The Missouri-based Kennedy Capital Management Inc. has invested 0.01% in the stock. Financial Bank Of Montreal Can accumulated 0% or 228 shares.

Since August 7, 2017, it had 0 buys, and 3 insider sales for $169.65 million activity. MOORE RICHARD H bought $99,180 worth of stock or 2,755 shares.

First BanCorp. operates as the bank holding firm for FirstBank Puerto Rico that provides a range of financial services and products to retail, commercial, and institutional clients. The company has a market cap of $1.11 Billion. It has a 21.31 P/E ratio.

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.12, from 1.45 in 2017Q2.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 1.8 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. 36 funds opened positions while 131 raised stakes. It also reduced its holding in Bankrate Inc Del (NYSE:RATE) by 401,103 shares in the quarter, leaving it with 32,000 shares, and cut its stake in Waddell & Reed Finl Inc (Call) (NYSE:WDR). Vanguard Grp holds 0% in First Internet Bancorp (NASDAQ:INBK) or 311,997 shares. It dived, as 50 investors sold DVA shares while 138 reduced holdings. Bresler Joshua D sold 10.00 million shares worth $56.55M. First Fincl In holds 4,500 shares or 0.09% of its portfolio. State Board Of Administration Of Florida Retirement System holds 0% or 40,392 shares. Voya Inv Mgmt Llc accumulated 0% or 15,488 shares. 126,848 were reported by Panagora Asset Mngmt. Mirae Asset Global Investments Com Ltd owns 443,589 shares. Smith Salley And Assocs invested in 1.34% or 66,348 shares. They expect $8.55 earnings per share, down 6.15% or $0.56 from last year's $9.11 per share.

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