First Community (FCCO) Expected to Announce Earnings on Wednesday

First Community (NASDAQ:FCCO) is expected to post its quarterly earnings results before the market opens on Wednesday, April 23rd. Analysts expect First Community to post earnings of $0.47 per share and revenue of $17.39 million for the quarter.

First Community (NASDAQ:FCCO) last announced its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. First Community had a return on equity of 10.14% and a net margin of 13.49%. During the same period in the prior year, the firm posted $0.43 earnings per share. On average, analysts expect First Community to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Community Trading Up 1.7 %

NASDAQ FCCO opened at $21.34 on Wednesday. The stock has a market capitalization of $163.70 million, a price-to-earnings ratio of 11.79 and a beta of 0.31. The business’s fifty day moving average is $23.43 and its 200-day moving average is $23.86. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.79 and a quick ratio of 0.79. First Community has a one year low of $15.40 and a one year high of $27.96.

First Community Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 4th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date was Tuesday, February 4th. First Community’s payout ratio is 33.15%.

Wall Street Analysts Forecast Growth

FCCO has been the topic of a number of research reports. Raymond James raised shares of First Community from an “outperform” rating to a “strong-buy” rating and lifted their price target for the stock from $27.00 to $30.00 in a report on Thursday, January 23rd. Hovde Group upped their price target on First Community from $28.00 to $29.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Finally, Janney Montgomery Scott upgraded First Community from a “neutral” rating to a “buy” rating and set a $30.00 price target for the company in a research note on Tuesday, February 4th.

First Community Company Profile

First Community Corporation operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments.