First BanCorp. - FBP Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $16.50
  • Forecasted Upside: 7.28 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$15.38
▲ +0.12 (0.79%)

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

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Analyst Price Target for FBP

Analyst Price Target is $16.50
▲ +7.28% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for First BanCorp. in the last 3 months. The average price target is $16.50, with a high forecast of $17.00 and a low forecast of $16.00. The average price target represents a 7.28% upside from the last price of $15.38.

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

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Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in First BanCorp.. This rating has held steady since June 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/9/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/7/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/6/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/6/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/4/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/2/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/1/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/4/2022Piper SandlerLower Target$16.00N/A
12/20/2021Hovde GroupInitiated CoverageOutperform$17.00High
11/9/2021Wells Fargo & CompanyInitiated CoverageOverweight$16.00Medium
4/14/2021CitigroupBoost Target$10.00 ➝ $120.00Low
6/18/2020CitigroupBoost TargetNeutral$6.00 ➝ $7.00Low
3/24/2020CitigroupLower TargetNeutral$11.00 ➝ $4.50High
1/9/2020CitigroupDowngradeBuy ➝ NeutralMedium
9/20/2018Bank of AmericaUpgradeNeutral ➝ Buy$9.00 ➝ $12.00Low
8/2/2018Sandler O'NeillReiterated RatingBuy$10.00Low
7/26/2018Merion Capital GroupUpgradeNeutral ➝ Outperform$8.00 ➝ $9.50Medium
4/30/2018CitigroupBoost TargetBuy ➝ Buy$7.00 ➝ $9.00Low
4/30/2018Merion Capital GroupReiterated RatingOutperform ➝ NeutralLow
1/29/2018Piper Jaffray CompaniesReiterated RatingBuy$8.00Medium
12/21/2017CitigroupUpgradeNeutral ➝ BuyHigh
(Data available from 12/1/2017 forward)

News Sentiment Rating

0.32 (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
  • 4 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/5/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/4/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/4/2022
  • 6 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/3/2022
  • 6 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/2/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/2/2022
  • 4 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/1/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/1/2022

Current Sentiment

  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

First BanCorp. logo
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans and floor plan financings; and other products, such as cash management and business management services. The Mortgage Banking segment engages in the origination, sale, and servicing of various residential mortgage loans; acquisition and sale of mortgages in the secondary markets; and purchase of mortgage loans from other local banks and mortgage bankers. The Consumer (Retail) Banking segment provides auto, boat, credit card, and personal loans; lines of credit; deposit products comprising interest bearing and non-interest bearing checking and savings accounts, individual retirement accounts, and retail certificates of deposit (CDs); and finance leasing and insurance agency services. The Treasury and Investments segment offers funding and liquidity management services. The United States Operations segment provides checking, savings, and money market accounts, as well as retail CDs; traditional commercial and industrial, and commercial real estate loans; and internet banking, cash management, remote deposit capture, and automated clearing house, and transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. The company operates 64 branches in Puerto Rico, 8 branches in the U.S. Virgin Islands and British Virgin Islands, and 11 branches in the state of Florida. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.
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Today's Range

Now: $15.38
Low: $14.80
High: $15.39

50 Day Range

MA: $15.00
Low: $13.46
High: $15.95

52 Week Range

Now: $15.38
Low: $11.94
High: $16.62

Volume

1,377,971 shs

Average Volume

1,762,613 shs

Market Capitalization

$2.84 billion

P/E Ratio

9.99

Dividend Yield

3.15%

Beta

1.17

Frequently Asked Questions

What sell-side analysts currently cover shares of First BanCorp.?

The following Wall Street research analysts have issued research reports on First BanCorp. in the last year: Hovde Group, Piper Sandler, and StockNews.com.
View the latest analyst ratings for FBP.

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 $16.50, suggesting a possible upside of 7.3%. Hovde Group has the highest price target set, predicting FBP will reach $17.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $16.00 for First BanCorp. in the next year.
View the latest price targets for FBP.

What is the current consensus analyst rating for First BanCorp.?

First BanCorp. currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FBP will outperform the market and that investors should add to their positions of First BanCorp..
View the latest ratings for FBP.

What other companies compete with First BanCorp.?

How do I contact First BanCorp.'s investor relations team?

First BanCorp.'s physical mailing address is 1519 PONCE DE LEON AVE STOP 23, SAN JUAN PR, 00908. The bank's listed phone number is (787) 729-8200 and its investor relations email address is [email protected] The official website for First BanCorp. is www.1firstbank.com. Learn More about contacing First BanCorp. investor relations.