First Community Bancshares Inc. (FCBC) Hits New 52-Week High at $24.22
First Community Bancshares Inc. (NASDAQ:FCBC)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $24.22 and last traded at $23.97, with a volume of 31,287 shares changing hands. The stock had previously closed at $24.00.
Separately, Keefe, Bruyette & Woods increased their target price on First Community Bancshares from $20.00 to $22.00 and gave the company a “market perform” rating in a research note on Thursday, July 28th.
The firm has a market capitalization of $408.62 million and a P/E ratio of 17.43. The stock has a 50 day moving average of $23.25 and a 200 day moving average of $21.16.
First Community Bancshares (NASDAQ:FCBC) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.03. Analysts predict that First Community Bancshares Inc. will post $1.44 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 19th. Stockholders of record on Friday, August 5th were paid a $0.16 dividend. This is a boost from First Community Bancshares’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Wednesday, August 3rd. This represents a $0.64 annualized dividend and a dividend yield of 2.67%.
In other news, insider Martyn A. Pell sold 1,187 shares of First Community Bancshares stock in a transaction on Thursday, June 2nd. The stock was sold at an average price of $21.83, for a total value of $25,912.21. Following the transaction, the insider now owns 8,945 shares in the company, valued at approximately $195,269.35. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
First Community Bancshares, Inc is a financial holding company. The Company provides commercial banking products and services through its subsidiary First Community Bank (the Bank). The Company operates in the community banking segment. The Bank operates under the trade names First Community Bank in Virginia, West Virginia, and North Carolina and People’s Community Bank, a division of the bank, in Tennessee.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.