First Capital (NASDAQ:FCAP) Now Covered by StockNews.com

03 Oct 2024, 01:24 by Amy Steele · The Cerbat Gem

StockNews.com began coverage on shares of First Capital (NASDAQ:FCAP – Free Report) in a research note published on Sunday morning. The brokerage issued a hold rating on the savings and loans company’s stock.

First Capital Stock Up 1.5 %

NASDAQ FCAP opened at $36.34 on Friday. The stock’s 50 day moving average is $32.48 and its 200 day moving average is $30.40. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.31. First Capital has a 12 month low of $22.95 and a 12 month high of $38.00. The stock has a market cap of $121.85 million, a PE ratio of 10.18 and a beta of 0.63.

First Capital (NASDAQ:FCAP – Get Free Report) last posted its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 EPS for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%. The company had revenue of $10.68 million for the quarter.

First Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a $0.29 dividend. The ex-dividend date was Friday, September 13th. This is a boost from First Capital’s previous quarterly dividend of $0.27. This represents a $1.16 dividend on an annualized basis and a yield of 3.19%. First Capital’s payout ratio is currently 32.49%.

Insider Buying and Selling

In other First Capital news, Director John Shireman purchased 1,000 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average cost of $31.93 per share, with a total value of $31,930.00. Following the acquisition, the director now owns 1,000 shares in the company, valued at $31,930. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.39% of the stock is owned by insiders.

Institutional Trading of First Capital

An institutional investor recently bought a new position in First Capital stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Capital, Inc. (NASDAQ:FCAP – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,123 shares of the savings and loans company’s stock, valued at approximately $34,000. 11.65% of the stock is owned by institutional investors.

First Capital Company Profile

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