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

StockNews.com started coverage on shares of First Capital (NASDAQ:FCAP) in a report released on Saturday morning. The brokerage issued a hold rating on the savings and loans company’s stock.

First Capital Stock Performance

Shares of First Capital stock opened at $38.00 on Friday. The business has a 50-day simple moving average of $31.66 and a 200 day simple moving average of $29.95. The firm has a market capitalization of $127.41 million, a price-to-earnings ratio of 10.64 and a beta of 0.63. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.67. First Capital has a one year low of $22.95 and a one year high of $38.00.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, July 26th. The savings and loans company reported $0.85 earnings per share for the quarter. First Capital had a return on equity of 11.78% and a net margin of 22.04%. The company had revenue of $10.68 million for the quarter.

First Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be issued a dividend of $0.29 per share. This is a boost from First Capital’s previous quarterly dividend of $0.27. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Friday, September 13th. First Capital’s dividend payout ratio (DPR) is currently 32.49%.

Insider Buying and Selling

In related news, Director John Shireman purchased 1,000 shares of the business’s stock in a transaction on Friday, August 2nd. The stock was acquired at an average price of $31.93 per share, for a total transaction of $31,930.00. Following the purchase, the director now owns 1,000 shares of the company’s stock, valued at $31,930. The transaction was disclosed in a filing with the SEC, which is available at this link. 4.39% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On First Capital

A hedge fund recently bought a new stake in First Capital stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of First Capital, Inc. (NASDAQ:FCAP) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,123 shares of the savings and loans company’s stock, valued at approximately $34,000. 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.