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 note issued to investors on Friday morning. The firm issued a hold rating on the savings and loans company’s stock.

First Capital Price Performance

First Capital stock opened at $31.00 on Friday. First Capital has a 12 month low of $22.95 and a 12 month high of $37.90. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $103.94 million, a PE ratio of 8.68 and a beta of 0.63. The stock has a 50-day moving average price of $29.82 and a two-hundred day moving average price of $28.85.

First Capital (NASDAQ:FCAP) last issued its quarterly earnings data on Friday, April 26th. The savings and loans company reported $0.88 earnings per share (EPS) for the quarter. First Capital had a return on equity of 12.15% and a net margin of 22.59%. The company had revenue of $10.50 million during the quarter.

First Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.48%. First Capital’s dividend payout ratio (DPR) is 30.25%.

Institutional Investors Weigh In On First Capital

An institutional investor recently raised its position in First Capital stock. Empowered Funds LLC increased its holdings in shares of First Capital, Inc. (NASDAQ:FCAP) by 7.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,460 shares of the savings and loans company’s stock after purchasing an additional 875 shares during the period. Empowered Funds LLC owned approximately 0.37% of First Capital worth $361,000 at the end of the most recent quarter. Institutional investors own 11.65% of the company’s stock.

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.