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

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

First Capital Price Performance

FCAP opened at $32.38 on Friday. The business has a fifty day moving average of $32.27 and a 200 day moving average of $32.60. The stock has a market cap of $108.54 million, a P/E ratio of 9.17 and a beta of 0.57. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.29. First Capital has a 52-week low of $26.03 and a 52-week high of $38.00.

First Capital (NASDAQ:FCAP) last issued its earnings results on Friday, October 25th. The savings and loans company reported $0.87 earnings per share (EPS) for the quarter. The firm 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 business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.58%. The ex-dividend date was Friday, December 13th. First Capital’s dividend payout ratio is presently 32.86%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FCAP. Empowered Funds LLC lifted its holdings in shares of First Capital by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock worth $490,000 after buying an additional 670 shares during the period. Geode Capital Management LLC raised its holdings in shares of First Capital by 4.4% in the third quarter. Geode Capital Management LLC now owns 35,687 shares of the savings and loans company’s stock valued at $1,248,000 after acquiring an additional 1,520 shares in the last quarter. Finally, Siena Capital Partners GP LLC lifted 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 worth $3,602,000 after acquiring an additional 15,277 shares during the period. Institutional investors own 11.65% of the company’s stock.

About First Capital

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.