Somewhat Positive News Coverage Somewhat Unlikely to Affect First Community (FCCO) Stock Price
Media coverage about First Community (NASDAQ:FCCO) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. First Community earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news articles about the bank an impact score of 45.9822665463246 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s rankings:
- Annual Ho Ho Parade kicks off in San Bernardino for first of three nights (sbsun.com)
- Jewish community celebrates first night of Hanukkah (columbian.com)
- First Community Co. (FCCO) Given $22.50 Consensus Price Target by Brokerages (americanbankingnews.com)
- Mundelein Earns First Place LCML Innovation Award for Business Incentive Grant Program (chicagotribune.com)
A number of analysts have issued reports on FCCO shares. ValuEngine raised First Community from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised First Community from a “sell” rating to a “hold” rating in a research report on Friday, September 15th.
First Community (NASDAQ:FCCO) traded down $0.50 during trading hours on Thursday, reaching $23.50. The company’s stock had a trading volume of 700 shares, compared to its average volume of 7,082. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.37. First Community has a twelve month low of $16.10 and a twelve month high of $24.87. The stock has a market capitalization of $160.95, a P/E ratio of 23.08 and a beta of 0.87.
First Community (NASDAQ:FCCO) last released its earnings results on Wednesday, October 18th. The bank reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.01). First Community had a return on equity of 8.44% and a net margin of 17.69%. The firm had revenue of $9.65 million during the quarter, compared to analysts’ expectations of $9.79 million. analysts forecast that First Community will post 1.07 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date of this dividend was Tuesday, October 31st. First Community’s payout ratio is currently 34.62%.
In related news, Director George H. Fann, Jr. purchased 1,903 shares of the business’s stock in a transaction dated Thursday, September 21st. The stock was purchased at an average cost of $20.35 per share, with a total value of $38,726.05. Following the completion of the acquisition, the director now directly owns 86,519 shares of the company’s stock, valued at $1,760,661.65. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 8.60% of the stock is owned by company insiders.
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First Community 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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