First Capital (NASDAQ:FCAP) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a report released on Thursday morning. The brokerage issued a hold rating on the savings and loans company’s stock.

First Capital Trading Up 2.3 %

Shares of NASDAQ FCAP opened at $29.68 on Thursday. First Capital has a twelve month low of $22.95 and a twelve month high of $37.90. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $29.63 and a 200-day simple moving average of $28.75. The stock has a market capitalization of $99.43 million, a PE ratio of 8.31 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings data on Friday, April 26th. The savings and loans company reported $0.88 earnings per share for the quarter. First Capital had a return on equity of 12.15% and a net margin of 22.59%. The business had revenue of $10.50 million during the quarter.

First Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $0.27 dividend. The ex-dividend date was Friday, June 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.64%. First Capital’s payout ratio is presently 30.25%.

Institutional Investors Weigh In On First Capital

A hedge fund recently bought a new stake in First Capital stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Capital, Inc. (NASDAQ:FCAP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,123 shares of the savings and loans company’s stock, valued at approximately $34,000. Institutional investors and hedge funds own 11.65% of the company’s stock.

About First Capital

First Capital, Inc operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. The company offers various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.