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

StockNews.com assumed coverage on shares of First Capital (NASDAQ:FCAP) in a research note published on Tuesday. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Trading Down 0.3 %

First Capital stock opened at $30.70 on Tuesday. The business has a 50-day simple moving average of $34.06 and a two-hundred day simple moving average of $32.29. First Capital has a 52-week low of $24.40 and a 52-week high of $38.00. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. The company has a market cap of $102.91 million, a P/E ratio of 8.70 and a beta of 0.58.

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

First Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Friday, December 13th. First Capital’s dividend payout ratio is currently 32.86%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its position in shares of 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 worth $490,000 after acquiring an additional 670 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of First Capital by 4.4% during the 3rd quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Siena Capital Partners GP LLC grew its position in shares of First Capital by 17.4% during 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. 11.65% of the stock is currently 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.