First Capital (NASDAQ:FCAP) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Stock Performance

Shares of FCAP opened at $33.25 on Wednesday. The firm has a market cap of $111.49 million, a PE ratio of 9.31 and a beta of 0.64. The stock’s fifty day moving average price is $33.74 and its two-hundred day moving average price is $31.10. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67. First Capital has a 1 year low of $22.95 and a 1 year high of $38.00.

First Capital (NASDAQ:FCAP) last released its quarterly earnings data on Friday, July 26th. The savings and loans company reported $0.85 earnings per share (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 business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.49%. This is a positive change from First Capital’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, September 13th. First Capital’s payout ratio is presently 32.49%.

Insider Activity at First Capital

In related news, Director John Shireman acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average cost of $31.93 per share, for a total transaction of $31,930.00. Following the purchase, the director now owns 1,000 shares in the company, valued at $31,930. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 4.39% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On First Capital

An institutional investor recently bought a new position in First Capital stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Capital, Inc. (NASDAQ:FCAP) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 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

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.