Media stories about First Commonwealth Financial Corporation (NYSE:FCF) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Commonwealth Financial Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.4183236153294 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
First Commonwealth Financial Corporation (FCF) opened at $14.16 on Tuesday. The company has a market cap of $1,342.99, a P/E ratio of 16.60 and a beta of 0.97. First Commonwealth Financial Corporation has a 12-month low of $11.22 and a 12-month high of $14.76. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.09.
First Commonwealth Financial Corporation (NYSE:FCF) last released its quarterly earnings data on Wednesday, October 25th. The bank reported $0.22 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.02. First Commonwealth Financial Corporation had a net margin of 21.96% and a return on equity of 9.53%. The business had revenue of $80.46 million during the quarter, compared to analysts’ expectations of $79.29 million. During the same period in the prior year, the company earned $0.19 EPS. The firm’s quarterly revenue was up 20.8% compared to the same quarter last year. sell-side analysts predict that First Commonwealth Financial Corporation will post 0.82 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Monday, November 6th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Friday, November 3rd. First Commonwealth Financial Corporation’s dividend payout ratio is currently 43.24%.
A number of equities analysts have issued reports on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $14.00 price objective on shares of First Commonwealth Financial Corporation in a research note on Thursday, August 10th. Zacks Investment Research upgraded shares of First Commonwealth Financial Corporation from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Wednesday, August 2nd. FBR & Co restated a “neutral” rating and set a $14.00 price objective on shares of First Commonwealth Financial Corporation in a report on Friday, October 27th. Raymond James Financial, Inc. lowered their price target on shares of First Commonwealth Financial Corporation from C$4.50 to C$3.75 and set an “outperform” rating on the stock in a research note on Wednesday, August 30th. Finally, BidaskClub lowered shares of First Commonwealth Financial Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. First Commonwealth Financial Corporation has a consensus rating of “Buy” and a consensus price target of $9.96.
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First Commonwealth Financial Corporation Company Profile
First Commonwealth Financial Corporation is a financial holding company. The Company, through its subsidiary, First Commonwealth Bank (the Bank), provides a range of consumer and commercial banking services. The Company also provides trust and wealth management services, and offers insurance products through the Bank and its other operating subsidiaries.
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