First Financial Bancorp (Ohio) Coverage Initiated at Drexel Hamilton (FFBC)
Other equities research analysts have also recently issued reports about the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of First Financial Bancorp (Ohio) from $17.50 to $18.00 in a research note on Monday, July 28th. Separately, analysts at Barclays raised their price target on shares of First Financial Bancorp (Ohio) from $16.00 to $17.00 in a research note on Wednesday, July 9th. They now have an “underweight” rating on the stock. Finally, analysts at TheStreet upgraded shares of First Financial Bancorp (Ohio) from a “hold” rating to a “buy” rating in a research note on Thursday, July 3rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. First Financial Bancorp (Ohio) has an average rating of “Hold” and a consensus target price of $28.10.
First Financial Bancorp (NASDAQ:FFBC) traded down 1.77% on Wednesday, hitting $16.61. The stock had a trading volume of 170,819 shares. First Financial Bancorp has a one year low of $14.53 and a one year high of $18.50. The stock has a 50-day moving average of $16.57 and a 200-day moving average of $16.82. The company has a market cap of $958.6 million and a P/E ratio of 19.69.
First Financial Bancorp (Ohio) (NASDAQ:FFBC) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.28 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.01. During the same quarter last year, the company posted $0.27 earnings per share. Analysts expect that First Financial Bancorp will post $1.14 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Investors of record on Friday, August 29th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend is Wednesday, August 27th.
First Financial Bancorp. (NASDAQ:FFBC) is a bank holding company.
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