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First Bancorp - FBNC Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $33.00
  • Forecasted Upside: -3.59%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$34.23 As of 04/23/2024 03:51 PM ET
▲ +1.01 (3.04%)

This chart shows the closing price for FBNC by one month, three months, or twelve months.

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Analyst Price Target for FBNC

Analyst Price Target is $33.00
▼ -3.59% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for First Bancorp in the last 3 months. The average price target is $33.00, with a high forecast of $34.00 and a low forecast of $32.00. The average price target represents a -3.59% upside from the last price of $34.23.

This chart shows the closing price for FBNC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 3 contributing investment analysts is to moderate buy stock in First Bancorp. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/26/2023Piper SandlerLower TargetOverweight ➝ Overweight$34.00 ➝ $32.00Low
9/14/2023DA DavidsonUpgradeNeutral ➝ Buy$36.50 ➝ $34.00Low
7/31/2023Raymond JamesDowngradeOutperform ➝ Market PerformLow
4/27/2023Piper SandlerLower Target$44.00 ➝ $39.00Low
4/6/2023Raymond JamesLower TargetOutperform$45.00 ➝ $43.00Low
1/30/2023Raymond JamesLower TargetMarket Outperform$49.00 ➝ $45.00Low
1/26/2023Piper SandlerLower TargetOverweight$49.00 ➝ $45.00Low
10/31/2022Raymond JamesBoost TargetOutperform$41.00 ➝ $49.00Low
10/6/2022Raymond JamesLower TargetOutperform$43.00 ➝ $41.00Low
8/18/2022Piper SandlerUpgradeNeutral ➝ Overweight$49.00 ➝ $47.00Low
8/1/2022Raymond JamesBoost TargetOutperform$40.00 ➝ $43.00Low
8/1/2022DA DavidsonDowngradeBuy ➝ Neutral$43.00 ➝ $42.00Low
6/23/2022Raymond JamesLower TargetOutperform$44.00 ➝ $40.00Low
2/28/2022Raymond JamesInitiated CoverageOutperform$49.00Low
10/12/2021Piper SandlerDowngradeOverweight ➝ Neutral$52.00Low
6/16/2021Piper SandlerUpgradeNeutral ➝ Overweight$51.00High
11/25/2020G.ResearchDowngradeBuy ➝ HoldLow
11/25/2020GabelliDowngradeBuy ➝ HoldLow
10/20/2020StephensInitiated CoverageEqual WeightMedium
9/15/2020DA DavidsonUpgradeNeutral ➝ BuyLow
7/24/2020Piper SandlerLower TargetNeutral$26.00 ➝ $25.00Medium
6/19/2020DA DavidsonDowngradeBuy ➝ NeutralHigh
6/18/2020Piper SandlerDowngradeOverweight ➝ NeutralHigh
5/1/2020G.ResearchReiterated RatingBuyLow
2/27/2020DA DavidsonInitiated CoverageBuyHigh
1/28/2020Keefe, Bruyette & WoodsReiterated RatingBuy$42.00Medium
4/25/2019GabelliUpgradeHold ➝ Buy$44.00Medium
(Data available from 4/23/2019 forward)

News Sentiment Rating

0.45 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 11 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
9/26/2023
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/26/2023
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/25/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/25/2023
  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/24/2024
  • 5 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/23/2024
  • 4 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/24/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/23/2024

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

First Bancorp logo
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses. The company accepts deposit products, such as checking, savings, and money market accounts, as well as time deposits, including certificate of deposits and individual retirement accounts. It also offers loans for a range of consumer and commercial purposes comprising loans for business, real estate, personal, home improvement, and automobiles, as well as residential mortgages and small business administration loans; and accounts receivable financing and factoring, inventory financing, and purchase order financing services. In addition, the company provides credit and debit cards, letter of credits, and safe deposit box rental services, as well as electronic funds transfer services consisting of wire transfers; and internet and mobile banking, cash management, bank-by-phone services, and remote deposit capture services. Further, it offers investment and insurance products, such as mutual funds, annuities, long-term care insurance, life insurance, and company retirement plans, as well as property and casualty insurance products; and financial planning services. The company was founded in 1934 and is headquartered in Southern Pines, North Carolina.
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Today's Range

Now: $34.23
Low: $33.20
High: $34.45

50 Day Range

MA: $34.13
Low: $30.98
High: $36.12

52 Week Range

Now: $34.23
Low: $26.00
High: $38.51

Volume

69,546 shs

Average Volume

139,747 shs

Market Capitalization

$1.41 billion

P/E Ratio

13.53

Dividend Yield

2.72%

Beta

1

Frequently Asked Questions

What sell-side analysts currently cover shares of First Bancorp?

The following sell-side analysts have issued research reports on First Bancorp in the last twelve months: DA Davidson, Piper Sandler, Raymond James, and StockNews.com.
View the latest analyst ratings for FBNC.

What is the current price target for First Bancorp?

2 Wall Street analysts have set twelve-month price targets for First Bancorp in the last year. Their average twelve-month price target is $33.00, suggesting a possible downside of 3.6%. DA Davidson has the highest price target set, predicting FBNC will reach $34.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $32.00 for First Bancorp in the next year.
View the latest price targets for FBNC.

What is the current consensus analyst rating for First Bancorp?

First Bancorp currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for FBNC.

What other companies compete with First Bancorp?

Other companies that are similar to First Bancorp include Stock Yards Bancorp, First Busey, 1st Source, Heartland Financial USA and Enterprise Financial Services. Learn More about companies similar to First Bancorp.

How do I contact First Bancorp's investor relations team?

First Bancorp's physical mailing address is 300 SW Broad Street, Southern Pines NC, 28387. The financial services provider's listed phone number is (910) 246-2500. The official website for First Bancorp is www.localfirstbank.com. Learn More about contacing First Bancorp investor relations.