First Commonwealth Financial Corp. (FCF) Hits New 1-Year High at $9.99
First Commonwealth Financial Corp. (NYSE:FCF) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $9.99 and last traded at $9.98, with a volume of 79,885 shares. The stock had previously closed at $9.94.
Several research analysts have issued reports on the stock. FBR & Co increased their target price on shares of First Commonwealth Financial Corp. from $9.50 to $10.00 and gave the stock a “market perform” rating in a report on Friday, July 29th. Keefe, Bruyette & Woods raised their price target on shares of First Commonwealth Financial Corp. from $9.00 to $9.50 and gave the company a “market perform” rating in a report on Friday, July 29th. Finally, Zacks Investment Research upgraded shares of First Commonwealth Financial Corp. from a “sell” rating to a “hold” rating in a report on Friday, April 29th. Six investment analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of $9.40.
The company has a 50 day moving average price of $9.70 and a 200-day moving average price of $9.12. The company has a market capitalization of $886.53 million and a P/E ratio of 18.87.
First Commonwealth Financial Corp. (NYSE:FCF) last issued its quarterly earnings data 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 quarter in the previous year, the firm posted $0.15 EPS. On average, equities analysts anticipate that First Commonwealth Financial Corp. will post $0.61 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 19th. Investors of record on Monday, August 8th were issued a $0.07 dividend. The ex-dividend date was Thursday, August 4th. This represents a $0.28 annualized dividend and a yield of 2.81%.
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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