First Commonwealth Financial Corp. (FCF) Reaches New 52-Week High at $10.25
First Commonwealth Financial Corp. (NYSE:FCF) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $10.25 and last traded at $10.19, with a volume of 80,463 shares changing hands. The stock had previously closed at $10.21.
Several research analysts have recently weighed in on FCF shares. FBR & Co upped their price objective on First Commonwealth Financial Corp. from $9.50 to $10.00 and gave the stock a “market perform” rating in a research report on Friday, July 29th. Keefe, Bruyette & Woods upped their target price on First Commonwealth Financial Corp. from $9.00 to $9.50 and gave the stock a “market perform” rating in a report on Friday, July 29th. Six equities research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and an average target price of $9.40.
The company has a market cap of $906.96 million and a price-to-earnings ratio of 19.30. The stock has a 50 day moving average of $9.75 and a 200-day moving average of $9.17.
First Commonwealth Financial Corp. (NYSE:FCF) last announced its earnings results on Wednesday, July 27th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.02. During the same period last year, the company earned $0.15 earnings per share. Equities research analysts expect that First Commonwealth Financial Corp. will post $0.61 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 19th. Stockholders of record on Monday, August 8th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.74%. The ex-dividend date was Thursday, August 4th.
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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