First Bancorp (NYSE:FBP) dropped 1.8% on Thursday . The company traded as low as $4.28 and last traded at $4.30, with a volume of 398,720 shares. The stock had previously closed at $4.38.

A number of equities research analysts recently commented on FBP shares. TheStreet upgraded First Bancorp from a “sell” rating to a “hold” rating in a report on Monday, April 25th. Zacks Investment Research upgraded First Bancorp from a “hold” rating to a “buy” rating and set a $5.00 price objective for the company in a report on Tuesday, July 12th.

The company’s 50 day moving average price is $4.34 and its 200-day moving average price is $3.54. The company has a market capitalization of $932.25 million and a price-to-earnings ratio of 12.59.

First Bancorp (NYSE:FBP) last issued its earnings results on Tuesday, July 26th. The company reported $0.10 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.10. During the same period last year, the company posted ($0.16) earnings per share. Analysts expect that First Bancorp will post $0.41 EPS for the current fiscal year.

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