First Bancorp (FBNC) Stock Forecast & Price Target
First Bancorp · NASDAQ
$64.75-0.29 (-0.45%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering First Bancorp, 2 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $65.00 to $75.00, so the covering firms are broadly aligned. The average target of $70.00 sits 8% above the current $64.75. The rating mix has stayed broadly stable, with Buy-side ratings easing from 3 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.19 next quarter toward $5.05 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Strong Buy
Strong Buy133%
Buy133%
Hold133%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to First Bancorp.
As of Sep, 2 of 3 firms rate FBNC a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FBNC EPS & revenue forecast
EPS · NEXT QUARTER
$1.19
Range $1.08 – $1.24 · 5 analysts · -0% YoY
Next period, 5 analysts expect First Bancorp to earn $1.19 a share (range $1.08 – $1.24), versus $1.19 a year earlier. Full-year consensus is $4.72, growing to $5.05 the year after.
REVENUE · NEXT QUARTER
$131.8M
Range $131.0M – $133.3M · 5 analysts · +7% YoY
Revenue is expected to reach $131.8M (range $131.0M – $133.3M), +6.8% year-over-year. Full-year consensus is $512.2M, rising to $575.6M next year.
Top analysts covering First Bancorp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FBNC.
#1
Wood Lay
Keefe, Bruyette & Woods · Rank #24
Buy
$70.00+8.1% to target
Overall win rate
66%
+ Follow
#2
Stephen Scouten
Piper Sandler · Rank #53
Hold
$65.00+0.4% to target
Overall win rate
48%
+ Follow
#3
RG
Russell Gunther
Stephens & Co. · Rank #95
Buy
$57.00-12.0% to target
Overall win rate
49%
+ Follow
#4
Daniel Tamayo
Raymond James · Rank #155
Buy
$75.00+15.8% to target
Overall win rate
43%
+ Follow
#5
CM
Christopher Marinac
Brean Capital
Hold
$65.75+1.5% to target
Coverage
—
+ Follow
FBNC stock forecast FAQ
What is FBNC's average 12-month price target?+
The 3 analysts with a live target average $70.00 for First Bancorp over the next 12 months, ranging from a $75.00 high to a $65.00 low.
Is FBNC stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 3 analyst ratings, 2 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FBNC?+
The Street-high target is $75.00 (Raymond James), and the Street-low is $65.00 (Piper Sandler). The average of all 3 active targets is $70.00.
How many Wall Street analysts cover FBNC?+
3 analysts have an active rating on First Bancorp, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering FBNC?+
Among analysts who currently cover FBNC, Wood Lay of Keefe, Bruyette & Woods has the strongest overall Quantellect track record (Rank #24). Their current call is Buy with a $70.00 target.
What is First Bancorp's projected EPS for next quarter?+
The consensus estimate is $1.19 per share (range $1.08 – $1.24) across 5 analysts. Full-year EPS is projected at $4.72, rising to $5.05 the following year.
How much revenue is First Bancorp expected to report next quarter?+
Consensus revenue is $131.8M (range $131.0M – $133.3M). Full-year revenue is projected at $512.2M, growing to $575.6M next year.
Have analysts been upgrading or downgrading FBNC lately?+
As of Sep, 2 of 3 firms rate FBNC a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FBNC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
