31.1 C
New York
Friday, June 2, 2023

There’s No Need To Panic Or Freeze When It Comes To First Commonwealth Financial Corporation (NYSE: FCF)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for First Commonwealth Financial Corporation (FCF) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $11.81. The First Commonwealth Financial Corporation has recorded 20,673 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that First Commonwealth Announces First Quarter 2023 Earnings; Increases Quarterly Dividend.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $11.81 and fluctuated between $11.99 as its day high and $11.73 as its day low. The current market capitalization of First Commonwealth Financial Corporation is $1.17B. A total of 0.61 million shares were traded on the day, compared to an average of 890.94K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, FCF has seen 11 BUY and 8 SELL insider trades, representing the acquisition of 118,044 and the disposition of 45,530 shares. Over the last 12 months, there were 13 BUYs and 8 SELLs from insiders. Insiders purchased 272,954 shares during that period but sold 45,530.

In the most recent transaction, CHARLEY RAY T bought 3,900 shares of FCF for 12.85 per share on Mar 17. After the transaction, the Director now owns 325,074 company shares. In a previous transaction on Mar 14, CHARLEY RAY T bought 8,000 shares at 13.03 per share. FCF shares that Director owns now total 321,174.

Among the insiders who bought shares, CHARLEY RAY T acquired of 4,000 shares on Mar 13 at a per-share price of $13.26. This resulted in the Director holding 313,174 shares of FCF after the transaction. In another insider transaction, Price T Michael bought 13,212 shares at $13.87 per share on Jan 27. Company shares held by the President & CEO now total 321,756.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. First Commonwealth Financial Corporation pays an annual dividend of $0.50, resulting in a dividend yield of 4.23%, and it has a price to earnings (P/E) ratio of 8.59. FCF’s most recent ex-dividend date was 5/4/2023 when it declared a $0.1250 quarterly dividend that was paid in cash on 5/19/2023. Previously, the company paid the dividend on 2/17/2023 with an ex-dividend date of 2/2/2023. The FCF stock dividend was $0.12 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for FCF in the last 3 months, the mean price target is $15.33 with high estimates of $18.00 and low estimates of $13.00. In terms of 52-week highs and lows, FCF has a high of $16.53 and a low of $11.32.

As of this writing, FCF has an earnings estimate of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.43 per share and a lower estimate of $0.41. The company reported an EPS of $0.38 in the last quarter, which was -11.60% lower than expectations of $0.43.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $11.29, while its Total Shareholder’s Equity was $1.11B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FCF is Buy with a score of 3.83.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles