First Commonwealth Financial Corp. (FCF) Sets New 52-Week High at $10.25
First Commonwealth Financial Corp. (NYSE:FCF)’s share price reached a new 52-week high on Wednesday . The company traded as high as $10.25 and last traded at $10.19, with a volume of 80,463 shares trading hands. The stock had previously closed at $10.21.
A number of research firms have weighed in on FCF. FBR & Co lifted their price objective on First Commonwealth Financial Corp. from $9.50 to $10.00 and gave the company a “market perform” rating in a research note on Friday, July 29th. Keefe, Bruyette & Woods lifted their price objective on First Commonwealth Financial Corp. from $9.00 to $9.50 and gave the company a “market perform” rating in a research note on Friday, July 29th. Six analysts have rated the stock with a hold rating, First Commonwealth Financial Corp. currently has a consensus rating of “Hold” and an average price target of $9.40.
The firm’s 50-day moving average is $9.77 and its 200 day moving average is $9.17. The firm has a market capitalization of $906.96 million and a PE ratio of 19.30.
First Commonwealth Financial Corp. (NYSE:FCF) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.02. During the same period in the previous year, the firm earned $0.15 EPS. Equities research analysts forecast that First Commonwealth Financial Corp. will post $0.61 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, August 19th. Investors of record on Monday, August 8th were issued a dividend of $0.07 per share. The ex-dividend date was Thursday, August 4th. This represents a $0.28 annualized dividend and a yield of 2.74%.
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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