First Commonwealth Financial Corporation (NYSE:FCF) Stock Has Average Target Price of $24.00

Posted by Stanley Muller on Nov 1st, 2026

First Commonwealth Financial Corporation (NYSE:FCF – Get Free Report) has earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $24.00.

FCF has been the subject of several research analyst reports. Piper Sandler restated an “overweight” rating and set a $25.00 price target (up from $21.00) on shares of First Commonwealth Financial in a research note on Thursday, July 30th. Royal Bank Of Canada upped their price objective on First Commonwealth Financial from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Thursday, July 30th. Keefe, Bruyette & Woods increased their price objective on First Commonwealth Financial from $21.00 to $24.00 and gave the company a “market perform” rating in a report on Friday, July 31st. Weiss Ratings reissued a “buy (b)” rating on shares of First Commonwealth Financial in a research report on Friday, August 14th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $24.00 target price on shares of First Commonwealth Financial in a research report on Friday, July 31st.

Get Our Latest Stock Report on FCF

First Commonwealth Financial Price Performance

FCF stock opened at $20.97 on Friday. The company has a market capitalization of $2.12 billion, a P/E ratio of 12.41 and a beta of 0.76. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.92 and a current ratio of 0.92. First Commonwealth Financial has a 52-week low of $15.00 and a 52-week high of $22.34. The business has a 50-day simple moving average of $20.73 and a two-hundred day simple moving average of $19.42.

First Commonwealth Financial (NYSE:FCF – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The bank reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The firm had revenue of $143.34 million during the quarter, compared to the consensus estimate of $141.36 million. First Commonwealth Financial had a return on equity of 11.17% and a net margin of 23.06%. Research analysts expect that First Commonwealth Financial will post 1.74 EPS for the current fiscal year.

First Commonwealth Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, November 6th. This represents a $0.56 annualized dividend and a dividend yield of 2.7%. First Commonwealth Financial’s dividend payout ratio is presently 33.14%.

Insiders Place Their Bets

In other news, CFO James Reske sold 2,072 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $20.52, for a total value of $42,517.44. Following the sale, the chief financial officer owned 70,988 shares of the company’s stock, valued at $1,456,673.76. The trade was a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 6,216 shares of company stock valued at $131,821. Company insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On First Commonwealth Financial

Several hedge funds have recently bought and sold shares of FCF. Waverly Advisors LLC lifted its stake in First Commonwealth Financial by 1.1% in the 2nd quarter. Waverly Advisors LLC now owns 46,469 shares of the bank’s stock worth $945,000 after purchasing an additional 493 shares in the last quarter. Choreo LLC boosted its holdings in First Commonwealth Financial by 7.0% in the 3rd quarter. Choreo LLC now owns 11,376 shares of the bank’s stock valued at $230,000 after purchasing an additional 749 shares during the period. Cim Investment Management Inc. boosted its holdings in First Commonwealth Financial by 7.3% in the 2nd quarter. Cim Investment Management Inc. now owns 11,657 shares of the bank’s stock valued at $237,000 after purchasing an additional 789 shares during the period. Bill Few Associates Inc. grew its position in shares of First Commonwealth Financial by 3.6% during the 2nd quarter. Bill Few Associates Inc. now owns 26,167 shares of the bank’s stock valued at $532,000 after purchasing an additional 905 shares in the last quarter. Finally, Penn Capital Management Company LLC grew its position in shares of First Commonwealth Financial by 3.6% during the 2nd quarter. Penn Capital Management Company LLC now owns 28,189 shares of the bank’s stock valued at $573,000 after purchasing an additional 971 shares in the last quarter. Hedge funds and other institutional investors own 72.58% of the company’s stock.

About First Commonwealth Financial

(Get Free Report)

First Commonwealth Financial Corporation (NYSE: FCF) is a bank holding company headquartered in Indiana, Pennsylvania. Through its principal subsidiary, First Commonwealth Bank, the company provides financial services to consumers, businesses, municipalities and nonprofit organizations.

Its offerings include checking and savings accounts, certificates of deposit, residential and consumer lending, commercial loans, mortgages, treasury management and online and mobile banking. The company also provides wealth management, investment and trust services, along with insurance and other financial solutions through affiliated businesses.

First Commonwealth Bank serves communities primarily in western and central Pennsylvania and northeastern Ohio through a network of community banking offices and digital channels.