First Capital (NASDAQ:FCAP) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of First Capital (NASDAQ:FCAP) in a report issued on Monday. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Stock Performance

NASDAQ FCAP opened at $33.12 on Monday. The firm’s 50 day moving average price is $34.71 and its two-hundred day moving average price is $32.25. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.70. First Capital has a twelve month low of $24.40 and a twelve month high of $38.00. The stock has a market cap of $111.02 million, a price-to-earnings ratio of 9.38 and a beta of 0.63.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share for the quarter. The business had revenue of $10.93 million for the quarter. First Capital had a return on equity of 10.82% and a net margin of 20.87%.

First Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date is Friday, December 13th. First Capital’s dividend payout ratio (DPR) is 32.86%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Capital during the 2nd quarter valued at $34,000. Empowered Funds LLC boosted its position in First Capital by 5.0% during the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after purchasing an additional 670 shares during the last quarter. Siena Capital Partners GP LLC grew its stake in First Capital by 17.4% in the third quarter. Siena Capital Partners GP LLC now owns 103,032 shares of the savings and loans company’s stock valued at $3,602,000 after purchasing an additional 15,277 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in First Capital by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock worth $1,248,000 after purchasing an additional 1,520 shares during the last quarter. 11.65% of the stock is owned by hedge funds and other 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.