News coverage about Republic First Bancorp (NASDAQ:FRBK) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Republic First Bancorp earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.4239354244032 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have recently weighed in on the company. BidaskClub lowered Republic First Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Keefe, Bruyette & Woods set a $9.00 price target on Republic First Bancorp and gave the stock a “hold” rating in a research note on Sunday, July 23rd.
Shares of Republic First Bancorp (NASDAQ:FRBK) traded down 1.59% during midday trading on Thursday, hitting $9.30. The stock had a trading volume of 59,329 shares. The firm has a 50 day moving average price of $8.96 and a 200 day moving average price of $8.91. The stock has a market cap of $529.83 million, a PE ratio of 67.88 and a beta of 1.08. Republic First Bancorp has a one year low of $3.70 and a one year high of $9.90.
Republic First Bancorp (NASDAQ:FRBK) last issued its earnings results on Thursday, July 20th. The bank reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. Republic First Bancorp had a return on equity of 3.45% and a net margin of 7.37%. The business had revenue of $20.24 million for the quarter. On average, equities analysts forecast that Republic First Bancorp will post $0.16 earnings per share for the current fiscal year.
Republic First Bancorp Company Profile
Republic First Bancorp, Inc is a holding company for Republic First Bank (Republic or the Bank), which does business under the name Republic Bank. The Company’s community banking segment encompasses the commercial loan and deposit activities of Republic, as well as consumer loan products in the areas surrounding its store network.
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