Shares of First Commonwealth Financial Corporation (NYSE:FCF – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $20.3333.
Separately, Weiss Ratings restated a “buy (b)” rating on shares of First Commonwealth Financial in a report on Tuesday, May 19th.
Check Out Our Latest Analysis on FCF
Insider Buying and Selling at First Commonwealth Financial
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of FCF. EverSource Wealth Advisors LLC lifted its stake in First Commonwealth Financial by 2,250.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,609 shares of the bank’s stock worth $42,000 after purchasing an additional 2,498 shares during the last quarter. Smithfield Trust Co acquired a new stake in shares of First Commonwealth Financial in the 4th quarter valued at approximately $51,000. TD Private Client Wealth LLC lifted its stake in shares of First Commonwealth Financial by 20.7% in the 4th quarter. TD Private Client Wealth LLC now owns 3,621 shares of the bank’s stock valued at $61,000 after acquiring an additional 621 shares during the last quarter. iSAM Funds UK Ltd bought a new position in First Commonwealth Financial in the 3rd quarter valued at approximately $85,000. Finally, GAMMA Investing LLC raised its holdings in First Commonwealth Financial by 29.7% in the 4th quarter. GAMMA Investing LLC now owns 6,378 shares of the bank’s stock valued at $108,000 after buying an additional 1,460 shares during the last quarter. Institutional investors own 72.58% of the company’s stock.
First Commonwealth Financial Stock Down 0.1%
FCF opened at $20.45 on Monday. The stock’s fifty day simple moving average is $19.13 and its 200 day simple moving average is $18.21. First Commonwealth Financial has a 1-year low of $15.00 and a 1-year high of $20.87. The stock has a market cap of $2.08 billion, a PE ratio of 13.54 and a beta of 0.74. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09.
First Commonwealth Financial (NYSE:FCF – Get Free Report) last posted its earnings results on Tuesday, April 28th. The bank reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.03). The company had revenue of $133.70 million for the quarter, compared to analyst estimates of $134.32 million. First Commonwealth Financial had a return on equity of 10.56% and a net margin of 21.19%.The business’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.32 EPS. As a group, research analysts expect that First Commonwealth Financial will post 1.71 earnings per share for the current year.
First Commonwealth Financial Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a $0.14 dividend. This is a boost from First Commonwealth Financial’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, May 8th. This represents a $0.56 annualized dividend and a yield of 2.7%. First Commonwealth Financial’s dividend payout ratio is presently 37.09%.
About First Commonwealth Financial
First Commonwealth Financial Corporation, headquartered in Indiana, Pennsylvania, is a bank holding company whose primary subsidiary is First Commonwealth Bank. Established in 1889 as Indiana National Bank, the company has grown through a combination of organic expansion and strategic acquisitions to build a diversified platform of commercial banking, retail banking and wealth management services.
First Commonwealth offers a comprehensive suite of financial products, including deposit accounts, personal and business lending solutions, mortgage origination and servicing, treasury management, and trust and investment services.
See Also
- Five stocks we like better than First Commonwealth Financial
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
- Why Kroger’s Giant Eagle Deal Could Change Everything
Receive News & Ratings for First Commonwealth Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Commonwealth Financial and related companies with MarketBeat.com's FREE daily email newsletter.
