Media stories about 1st Constitution Bancorp (NASDAQ:FCCY) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. 1st Constitution Bancorp earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.156604586478 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of research firms have recently weighed in on FCCY. ValuEngine downgraded shares of 1st Constitution Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, July 2nd. Zacks Investment Research downgraded shares of 1st Constitution Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, June 25th.
NASDAQ:FCCY traded down $0.95 during trading hours on Thursday, reaching $19.65. The company’s stock had a trading volume of 428 shares, compared to its average volume of 9,513. The stock has a market capitalization of $177.22 million, a PE ratio of 18.54, a P/E/G ratio of 1.81 and a beta of 0.36. 1st Constitution Bancorp has a one year low of $16.15 and a one year high of $27.00. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 1.14.
1st Constitution Bancorp (NASDAQ:FCCY) last issued its quarterly earnings data on Friday, July 20th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.04. The firm had revenue of $13.06 million during the quarter, compared to analysts’ expectations of $13.22 million. 1st Constitution Bancorp had a net margin of 14.43% and a return on equity of 9.71%. sell-side analysts forecast that 1st Constitution Bancorp will post 1.46 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 23rd. Investors of record on Friday, August 10th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Thursday, August 9th. 1st Constitution Bancorp’s dividend payout ratio is presently 22.64%.
In other 1st Constitution Bancorp news, Director James G. Aaron acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, July 27th. The stock was purchased at an average cost of $22.22 per share, for a total transaction of $111,100.00. Following the completion of the acquisition, the director now owns 9,525 shares of the company’s stock, valued at approximately $211,645.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 14.61% of the company’s stock.
About 1st Constitution Bancorp
1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central and northeastern New Jersey areas. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and NOW accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit.
Receive News & Ratings for 1st Constitution Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1st Constitution Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.