Media coverage about First Commonwealth Financial (NYSE:FCF) has been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern scores the sentiment of press 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 one, with scores closest to one being the most favorable. First Commonwealth Financial earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 47.1172261578513 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several equities analysts have weighed in on the stock. B. Riley restated a “hold” rating and set a $16.00 target price on shares of First Commonwealth Financial in a report on Thursday, January 25th. Boenning Scattergood restated a “hold” rating on shares of First Commonwealth Financial in a report on Thursday, January 25th. Keefe, Bruyette & Woods restated a “hold” rating and set a $16.00 target price on shares of First Commonwealth Financial in a report on Monday, January 29th. Zacks Investment Research upgraded shares of First Commonwealth Financial from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Friday, October 27th. Finally, FBR & Co restated a “neutral” rating and set a $14.00 target price on shares of First Commonwealth Financial in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. First Commonwealth Financial presently has a consensus rating of “Hold” and a consensus target price of $11.86.
Shares of First Commonwealth Financial (NYSE FCF) opened at $13.93 on Wednesday. First Commonwealth Financial has a 12 month low of $12.05 and a 12 month high of $15.67. The stock has a market cap of $1,353.67, a PE ratio of 24.02 and a beta of 0.94. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.10.
First Commonwealth Financial (NYSE:FCF) last released its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.21 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.21. First Commonwealth Financial had a net margin of 16.67% and a return on equity of 9.24%. The company had revenue of $80.98 million for the quarter, compared to analysts’ expectations of $80.90 million. During the same period last year, the company earned $0.20 EPS. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. sell-side analysts predict that First Commonwealth Financial will post 1.02 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Friday, February 2nd will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, February 1st. This represents a $0.32 annualized dividend and a dividend yield of 2.30%. First Commonwealth Financial’s dividend payout ratio is currently 55.17%.
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About First Commonwealth Financial
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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