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First BanCorp. - FBP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $22.60
  • Forecasted Upside: 22.96%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$18.38 As of 12/20/2024 06:31 PM ET
▲ +0.07 (0.38%)

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 $22.60
▲ +22.96% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for First BanCorp. in the last 3 months. The average price target is $22.60, with a high forecast of $25.00 and a low forecast of $21.00. The average price target represents a 22.96% upside from the last price of $18.38.

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 Moderate Buy

The current consensus among 5 contributing investment analysts is to moderate buy stock in First BanCorp.. This rating has held steady since December 2023, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/4/2024Keefe, Bruyette & WoodsBoost TargetOutperform ➝ Outperform$24.00 ➝ $25.00
12/3/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$20.00 ➝ $22.00
10/25/2024Hovde GroupLower TargetOutperform$25.00 ➝ $24.00
10/24/2024Piper SandlerLower TargetNeutral ➝ Neutral$22.00 ➝ $21.00
10/24/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$22.00 ➝ $20.00
10/1/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$20.00 ➝ $22.00
8/26/2024Piper SandlerInitiated CoverageNeutral$22.00
7/24/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$19.00 ➝ $20.00
7/24/2024Hovde GroupBoost TargetOutperform$21.00 ➝ $25.00
7/9/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$18.00 ➝ $19.00
7/9/2024Raymond JamesInitiated CoverageOutperform$21.00
4/25/2024Keefe, Bruyette & WoodsBoost TargetOutperform ➝ Outperform$19.00 ➝ $21.00
4/10/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$16.00 ➝ $18.00
1/25/2024Keefe, Bruyette & WoodsBoost TargetOutperform ➝ Outperform$18.50 ➝ $19.00
10/24/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$12.50 ➝ $13.00
10/10/2023Bank of AmericaLower Target$17.00 ➝ $16.00
7/28/2023Piper SandlerBoost Target$14.00 ➝ $17.00
4/5/2023Wells Fargo & CompanyLower TargetEqual Weight$14.00 ➝ $12.50
12/15/2022Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight
7/4/2022Piper SandlerLower Target$16.00
12/20/2021Hovde GroupInitiated CoverageOutperform$17.00
11/9/2021Wells Fargo & CompanyInitiated CoverageOverweight$16.00
4/14/2021CitigroupBoost Target$10.00 ➝ $120.00
6/18/2020CitigroupBoost TargetNeutral$6.00 ➝ $7.00
3/24/2020CitigroupLower TargetNeutral$11.00 ➝ $4.50
1/9/2020CitigroupDowngradeBuy ➝ Neutral
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.62 (Strong Buy)

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
  • 8 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 7 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 8 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 8 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 19 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 9 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 9 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 14 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 14 very positive mentions
  • 1 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.

Positive

Very Positive

First BanCorp. logo
First BanCorp. operates as a bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to consumers and commercial customers. 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, as well as 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; hedging activities; and purchase of mortgage loans from branch and mortgage bankers. The Consumer (Retail) Banking segment provides auto loans, finance leases, boat and personal loans, credit card loans, and lines of credit; and interest-bearing and non-interest-bearing checking and savings accounts, and individual retirement accounts and retail certificates of deposit (CDs), as well as 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, residential mortgages, term and construction loan, home equity loans, lines of credit, FHLB advances, and brokered CDs; and internet banking, cash management, remote deposit capture, and automated clearing house transactions services. The Virgin Islands Operations segment is involved in consumer, commercial lending, and deposit-taking activities. First BanCorp. was founded in 1948 and is headquartered in San Juan, Puerto Rico.
Read More

Today's Range

Now: $18.38
Low: $18.10
High: $18.76

50 Day Range

MA: $20.38
Low: $18.31
High: $22.20

52 Week Range

Now: $18.38
Low: $15.15
High: $22.40

Volume

4,763,223 shs

Average Volume

1,049,169 shs

Market Capitalization

$3.01 billion

P/E Ratio

10.15

Dividend Yield

3.29%

Beta

1.12

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, Keefe, Bruyette & Woods, Piper Sandler, Raymond James, and Wells Fargo & Company.
View the latest analyst ratings for FBP.

What is the current price target for First BanCorp.?

0 Wall Street analysts have set twelve-month price targets for First BanCorp. in the last year. Their average twelve-month price target is $22.60, suggesting a possible upside of 23.0%. Keefe, Bruyette & Woods has the highest price target set, predicting FBP will reach $25.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $21.00 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 2 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for FBP.

What other companies compete with First BanCorp.?

Other companies that are similar to First BanCorp. include First Horizon, Webster Financial, Western Alliance Bancorporation, Pinnacle Financial Partners and Cullen/Frost Bankers. 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 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.