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

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

First Capital Trading Up 1.5 %

FCAP opened at $27.00 on Friday. First Capital has a 1-year low of $26.51 and a 1-year high of $44.00. The stock has a market capitalization of $91.04 million, a price-to-earnings ratio of 8.23 and a beta of 0.22. The business has a 50 day moving average of $28.84 and a 200-day moving average of $34.02.

First Capital (NASDAQ:FCAPGet Rating) last posted its quarterly earnings data on Thursday, July 21st. The savings and loans company reported $0.81 EPS for the quarter. First Capital had a return on equity of 10.71% and a net margin of 28.32%. The company had revenue of $9.60 million for the quarter.

First Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 16th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Thursday, September 15th. First Capital’s dividend payout ratio (DPR) is 31.71%.

Institutional Investors Weigh In On First Capital

A hedge fund recently raised its position in First Capital stock. Millennium Management LLC boosted its holdings in shares of First Capital, Inc. (NASDAQ:FCAPGet Rating) by 7.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,914 shares of the savings and loans company’s stock after purchasing an additional 2,996 shares during the period. Millennium Management LLC owned about 1.24% of First Capital worth $1,135,000 at the end of the most recent quarter. 10.36% of the stock is currently owned by institutional investors and hedge funds.

About First Capital

(Get Rating)

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.

Further Reading

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