Somewhat Favorable Media Coverage Somewhat Unlikely to Impact First Community (FCCO) Share Price

Press coverage about First Community (NASDAQ:FCCO) has been trending somewhat positive on Friday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. First Community earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.913739060577 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

A number of equities research analysts have weighed in on FCCO shares. ValuEngine upgraded First Community from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research upgraded First Community from a “sell” rating to a “hold” rating in a research note on Monday, March 26th. Finally, FIG Partners cut First Community from an “outperform” rating to a “market-perform” rating in a research note on Monday, January 22nd.

Shares of First Community traded down $0.40, hitting $23.30, during trading hours on Friday, Marketbeat Ratings reports. 16,812 shares of the company were exchanged, compared to its average volume of 15,754. First Community has a 1 year low of $23.55 and a 1 year high of $23.55. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.75 and a quick ratio of 0.74. The stock has a market capitalization of $178.62 million, a PE ratio of 21.38 and a beta of 0.72.

First Community (NASDAQ:FCCO) last released its quarterly earnings results on Wednesday, April 18th. The bank reported $0.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.04. First Community had a return on equity of 8.75% and a net margin of 15.38%. The business had revenue of $11.17 million during the quarter, compared to analysts’ expectations of $10.83 million. equities research analysts anticipate that First Community will post 1.48 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, May 14th. Stockholders of record on Monday, April 30th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend was Friday, April 27th. First Community’s dividend payout ratio (DPR) is presently 36.70%.

In related news, Director Richard K. Bogan sold 3,000 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $21.60, for a total transaction of $64,800.00. Following the transaction, the director now owns 3,709 shares of the company’s stock, valued at $80,114.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael C. Crapps sold 1,262 shares of the company’s stock in a transaction on Friday, April 27th. The stock was sold at an average price of $23.00, for a total value of $29,026.00. Following the transaction, the insider now directly owns 68,196 shares in the company, valued at approximately $1,568,508. The disclosure for this sale can be found here. 7.38% of the stock is owned by corporate insiders.

About First Community

First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through four segments: Commercial and Retail Banking, Mortgage Banking, Investment Advisory and Non-Deposit, and Corporate.

Insider Buying and Selling by Quarter for First Community (NASDAQ:FCCO)

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