1st Constitution Bancorp (NASDAQ:FCCY) – Stock analysts at DA Davidson upped their Q1 2018 earnings estimates for shares of 1st Constitution Bancorp in a research note issued to investors on Monday. DA Davidson analyst R. Gunther now expects that the financial services provider will post earnings per share of $0.34 for the quarter, up from their prior estimate of $0.25. DA Davidson also issued estimates for 1st Constitution Bancorp’s Q1 2019 earnings at $0.31 EPS, Q2 2019 earnings at $0.36 EPS and Q4 2019 earnings at $0.34 EPS.

FCCY has been the topic of several other research reports. Zacks Investment Research lowered 1st Constitution Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. ValuEngine upgraded 1st Constitution Bancorp from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

Shares of 1st Constitution Bancorp (FCCY) opened at $19.25 on Wednesday. The company has a market capitalization of $155.60, a PE ratio of 18.16, a PEG ratio of 1.67 and a beta of 0.43. 1st Constitution Bancorp has a twelve month low of $16.15 and a twelve month high of $20.05. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 0.73.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FCCY. JPMorgan Chase & Co. raised its holdings in 1st Constitution Bancorp by 108.8% during the second quarter. JPMorgan Chase & Co. now owns 7,582 shares of the financial services provider’s stock worth $135,000 after acquiring an additional 3,951 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in 1st Constitution Bancorp by 16.2% during the second quarter. Dimensional Fund Advisors LP now owns 143,463 shares of the financial services provider’s stock worth $2,546,000 after acquiring an additional 19,985 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in 1st Constitution Bancorp by 0.8% during the second quarter. Vanguard Group Inc. now owns 193,815 shares of the financial services provider’s stock worth $3,441,000 after acquiring an additional 1,605 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 27th. Investors of record on Friday, February 16th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.24 annualized dividend and a yield of 1.25%. 1st Constitution Bancorp’s payout ratio is presently 28.92%.

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1st Constitution Bancorp Company Profile

1st Constitution Bancorp is the bank holding company for 1st Constitution Bank (the Bank). The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. The Company operates through the Community Banking segment. The Community Banking segment consists of construction, commercial, retail and mortgage banking operations.

Earnings History and Estimates for 1st Constitution Bancorp (NASDAQ:FCCY)

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