Equities analysts expect First Community Co. (NASDAQ:FCCO) to announce $0.31 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for First Community’s earnings, with the lowest EPS estimate coming in at $0.29 and the highest estimate coming in at $0.33. First Community posted earnings per share of $0.26 in the same quarter last year, which would suggest a positive year over year growth rate of 19.2%. The business is scheduled to announce its next earnings results on Wednesday, April 18th.
On average, analysts expect that First Community will report full-year earnings of $1.38 per share for the current financial year, with EPS estimates ranging from $1.35 to $1.40. For the next year, analysts anticipate that the company will report earnings of $1.50 per share, with EPS estimates ranging from $1.45 to $1.55. Zacks’ EPS calculations are a mean average based on a survey of research analysts that that provide coverage for First Community.
First Community (NASDAQ:FCCO) last posted its earnings results on Wednesday, January 17th. The bank reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The business had revenue of $10.65 million for the quarter, compared to analyst estimates of $10.69 million. First Community had a net margin of 13.91% and a return on equity of 8.73%.
First Community (FCCO) traded down $0.05 during midday trading on Friday, reaching $21.55. 4,786 shares of the company were exchanged, compared to its average volume of 7,874. The firm has a market capitalization of $167.31, a P/E ratio of 25.35 and a beta of 0.75. First Community has a 52 week low of $18.50 and a 52 week high of $24.87. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.37.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be given a $0.10 dividend. The ex-dividend date is Wednesday, January 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.86%. This is an increase from First Community’s previous quarterly dividend of $0.09. First Community’s dividend payout ratio is 47.06%.
Several institutional investors have recently modified their holdings of FCCO. Stifel Financial Corp raised its position in shares of First Community by 2.1% in the second quarter. Stifel Financial Corp now owns 19,312 shares of the bank’s stock worth $406,000 after acquiring an additional 406 shares during the period. Janus Henderson Group PLC acquired a new position in shares of First Community in the second quarter worth about $1,141,000. The Manufacturers Life Insurance Company raised its position in shares of First Community by 2.1% in the second quarter. The Manufacturers Life Insurance Company now owns 390,962 shares of the bank’s stock worth $8,210,000 after acquiring an additional 7,919 shares during the period. Independent Advisor Alliance acquired a new position in shares of First Community in the third quarter worth about $904,000. Finally, Wells Fargo & Company MN raised its position in shares of First Community by 528.5% in the fourth quarter. Wells Fargo & Company MN now owns 13,809 shares of the bank’s stock worth $313,000 after acquiring an additional 11,612 shares during the period. Institutional investors and hedge funds own 42.32% of the company’s stock.
First Community Company Profile
First Community Corporation is a bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas.
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