First Commonwealth Financial (FCF) Receives News Impact Rating of 0.15

News coverage about First Commonwealth Financial (NYSE:FCF) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Commonwealth Financial earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.6739163177735 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

FCF has been the subject of a number of research analyst reports. ValuEngine upgraded First Commonwealth Financial from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Zacks Investment Research downgraded First Commonwealth Financial from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.00.

First Commonwealth Financial opened at $15.97 on Thursday, MarketBeat Ratings reports. First Commonwealth Financial has a 12-month low of $12.06 and a 12-month high of $16.40. The company has a market cap of $1.62 billion, a P/E ratio of 19.48 and a beta of 0.93. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.09.

First Commonwealth Financial (NYSE:FCF) last released its quarterly earnings data on Tuesday, April 24th. The bank reported $0.24 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.24. First Commonwealth Financial had a return on equity of 9.69% and a net margin of 18.06%. The business had revenue of $81.73 million during the quarter, compared to analyst estimates of $79.69 million. During the same quarter in the previous year, the firm posted $0.18 EPS. equities analysts expect that First Commonwealth Financial will post 1.03 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 18th. Investors of record on Friday, May 4th were given a dividend of $0.09 per share. The ex-dividend date was Thursday, May 3rd. This represents a $0.36 dividend on an annualized basis and a yield of 2.25%. This is a positive change from First Commonwealth Financial’s previous quarterly dividend of $0.08. First Commonwealth Financial’s payout ratio is currently 43.90%.

In related news, CEO T Michael Price sold 50,127 shares of the business’s stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of $15.75, for a total transaction of $789,500.25. Following the completion of the transaction, the chief executive officer now owns 182,510 shares in the company, valued at approximately $2,874,532.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.42% of the company’s stock.

About First Commonwealth Financial

First Commonwealth Financial Corporation, through its subsidiary First Commonwealth Bank, provides consumer and commercial banking services to individuals, and small and mid-sized businesses in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (ATM) services, as well as Internet, mobile, and telephone banking services.

Insider Buying and Selling by Quarter for First Commonwealth Financial (NYSE:FCF)

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