According to analysts’ consensus price target of $24.00, First Financial Bancorp. Has a forecasted upside of 15.9% from its current price of $20.70. Other market data may be delayed by 15 minutes or more. Earnings per diluted share of $0.74; $0.76 on an adjusted basis, 65% increase YoY Return on average assets of 1.69%; 1.72% on an adjusted basis Record quarterly revenue of $214.9 million Net int… A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. The technique has proven to be very useful for finding positive surprises.
Stockholders of record on Wednesday, March 1st were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.60%. The ex-dividend date was Tuesday, February 28th. First Financial Bancorp.’s payout ratio is currently 35.25%. Declared a quarterly dividend on Tuesday, April 25th.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. WASHINGTON — The U.S. Treasury said Tuesday it will sell 465,117 warrants to purchase First Financial Bancorp common shares. The minimum bid is $4.00 when the auction begins on Wednesday.
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Forward P/E gives some indication of how cheap or expensive a why fixed exchange charges don 039 t work is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
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This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Finance companies. It pays a dividend yield of 4.49%, putting its dividend yield in the top 25% of dividend-paying stocks.
Value investors frequently look for companies that have low price/book ratios. Real-time analyst ratings, insider transactions, earnings data, and more. According to 3 analysts, the average rating for FFBC stock is “Hold.” The 12-month stock price forecast is $24.0, which is an increase of 15.94% from the latest price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
Stockholders of record on Thursday, June 1st will be paid a dividend of $0.23 per share on Thursday, June 15th. This represents a $0.92 annualized dividend and a dividend yield of 4.44%. The ex-dividend date of this dividend is Wednesday, May 31st. Shares of FFBC opened at $19.98 on Wednesday. The stock has a 50 day moving average price of $22.49 and a 200 day moving average price of $23.99.
This indicates that First Financial Bancorp. Will be able to sustain or increase its dividend. First Financial witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down… First Financial Bancorp.’s most recent quarterly dividend payment of $0.23 per share was made to shareholders on Wednesday, March 15, 2023. First Financial Bancorp.’s next quarterly dividend payment of $0.23 per share will be made to shareholders on Thursday, June 15, 2023.
P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Does not have a long track record of dividend growth. Short interest in First Financial Bancorp. Has recently decreased by 2.71%, indicating that investor sentiment is improving. Has a short interest ratio (“days to cover”) of 5.7.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
Storylines Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. CompareFFBC’s historical performanceagainst its industry peers and the overall market.
First Financial Bancorp to Announce First Quarter 2023 Financial Results on Thursday, April 20, 2023
The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial’s net revenue is net interest income. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. 3 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for First Financial Bancorp.
Currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on…
First Financial Bancorp came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.46 per share a year ago. Represents the company’s profit divided by the outstanding shares of its common stock. Please note that all Yahoo! JAPAN services are accessible after this date if access is made from Japan. Over the past three years, the company’s dividend has grown by an average of 0.74% per year.
We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. A number of analysts recently weighed in on FFBC shares. StockNews.com started coverage on shares of First Financial Bancorp.
Learn more on FFBC’s dividend yield history. Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Point72 Hong Kong Ltd purchased a new stake in First Financial Bancorp. During the second quarter worth about $82,000. Wipfli Financial Advisors LLC purchased a new stake in shares of First Financial Bancorp. During the third quarter worth approximately $92,000.
There are currently 3 https://1investing.in/ ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” FFBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FFBC, but not buy additional shares or sell existing shares. View FFBC analyst ratings or view top-rated stocks. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-o… The Company is engaged in the business of commercial banking, other banking and banking-related activities through its subsidiary, First Financial Bank .
- The current dividend yield for First Financial Bancorp.
- High institutional ownership can be a signal of strong market trust in this company.
- P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.
In a research note on Thursday, March 16th. Stephens restated an “equal weight” rating and set a $24.00 target price on shares of First Financial Bancorp. In a research note on Friday, April 21st. Finally, Keefe, Bruyette & Woods lowered their price target on First Financial Bancorp. From $26.00 to $23.00 and set a “market perform” rating for the company in a report on Thursday, April 6th. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
These are established companies that reliably pay dividends. 3 equities research analysts have issued twelve-month target prices for First Financial Bancorp.’s shares. Their FFBC share price forecasts range from $23.00 to $25.00. On average, they predict the company’s stock price to reach $24.00 in the next twelve months.
Has only been the subject of 2 research reports in the past 90 days. First Financial possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Measures how much net income or profit is generated as a percentage of revenue.