Somewhat Favorable News Coverage Somewhat Unlikely to Impact First Community Corporation (FCCO) Share Price
Media stories about First Community Corporation (NASDAQ:FCCO) have trended somewhat positive on Friday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Community Corporation earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 46.1035304123159 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Analysts Expect First Community Corporation (FCCO) Will Post Quarterly Sales of $9.73 Million (americanbankingnews.com)
- First Community Corporation (FCCO) vs. HSBC Holdings PLC (HSBC) Head to Head Review (americanbankingnews.com)
- $0.29 EPS Expected for First Community Corporation (FCCO) This Quarter (americanbankingnews.com)
- First Community Corp. (South Carolina) : FCCO-US: Dividend Analysis : July 31st, 2017 (record date) : By the numbers : August 29, 2017 (finance.yahoo.com)
FCCO has been the topic of several recent research reports. ValuEngine raised First Community Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research downgraded First Community Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th.
First Community Corporation (FCCO) traded up 0.71% during mid-day trading on Friday, reaching $21.25. The company had a trading volume of 101 shares. First Community Corporation has a 52-week low of $14.80 and a 52-week high of $23.55. The company’s 50 day moving average is $20.80 and its 200 day moving average is $20.89. The stock has a market capitalization of $142.31 million, a price-to-earnings ratio of 21.04 and a beta of 0.81.
First Community Corporation (NASDAQ:FCCO) last released its quarterly earnings data on Wednesday, July 19th. The bank reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by $0.02. The company had revenue of $9.69 million for the quarter, compared to analyst estimates of $9.42 million. First Community Corporation had a net margin of 17.39% and a return on equity of 8.24%. Equities analysts predict that First Community Corporation will post $0.98 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Monday, July 31st were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.71%. The ex-dividend date was Thursday, July 27th. First Community Corporation’s payout ratio is currently 35.64%.
In other First Community Corporation news, Director George H. Fann, Jr. bought 5,000 shares of First Community Corporation stock in a transaction dated Thursday, August 17th. The shares were acquired at an average cost of $20.55 per share, with a total value of $102,750.00. Following the acquisition, the director now directly owns 84,616 shares of the company’s stock, valued at $1,738,858.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 8.60% of the stock is owned by insiders.
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First Community Corporation Company Profile
First Community Corporation is a bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas.
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