Is First Bancorp PR (NYSE: FBP) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NYSE-listed company operates within the Banks – Regional industry segment, falling under the Financial sector. The current market capitalization of First Bancorp PR is $3.43B. A total of 1.43 million shares were traded on the day, compared to an average of 934.92K shares.

In the most recent transaction, Power Carlos sold 5,277 shares of FBP for 18.01 per share on May 28 ’24. After the transaction, the EVP now owns 255,236 company shares. In a previous transaction on May 01 ’24, Berges Gonzalez Orlando sold 75,000 shares at 17.92 per share. FBP shares that EVP and CFO owns now total 277,020.

Among the insiders who sold shares, LUZ CRESPO disposed of 10,000 shares on Mar 15 ’24 at a per-share price of $16.47. This resulted in the Director holding 50,055 shares of FBP after the transaction. In another insider transaction, ALEMAN AURELIO sold 50,000 shares at $17.17 per share on Mar 05 ’24. Company shares held by the President and CEO now total 1,126,325.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. First Bancorp PR pays an annual dividend of $0.60, resulting in a dividend yield of 2.91%, and it has a price to earnings (P/E) ratio of 11.71. FBP’s most recent ex-dividend date was 5/30/2024 when it declared a $0.16 quarterly dividend that was paid in cash on 6/14/2024. Previously, the company paid the dividend on 3/8/2024 with an ex-dividend date of 2/22/2024. The FBP stock dividend was $0.16 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, FBP has a high of $19.88 and a low of $12.72.

As of this writing, FBP has an earnings estimate of $0.41 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $0.44 per share and a lower estimate of $0.39. The company reported an EPS of $0.39 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $8.88, while its Total Shareholder’s Equity was $2.10B.

Analysts Opinion

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. 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 FBP is Buy with a score of 4.33.

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