Somewhat Positive Press Coverage Somewhat Unlikely to Affect 1st Constitution Bancorp (NJ) (NASDAQ:FCCY) Share Price
Media headlines about 1st Constitution Bancorp (NJ) (NASDAQ:FCCY) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. 1st Constitution Bancorp (NJ) earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.6796468770864 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
1st Constitution Bancorp (NJ) (NASDAQ:FCCY) last announced its quarterly earnings results on Friday, July 21st. The financial services provider reported $0.23 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by $0.05. The company had revenue of $11.03 million during the quarter, compared to analyst estimates of $11.50 million. 1st Constitution Bancorp (NJ) had a net margin of 17.32% and a return on equity of 8.20%.
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 25th. Investors of record on Monday, July 3rd were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend was Thursday, June 29th. 1st Constitution Bancorp (NJ)’s dividend payout ratio is 19.23%.
Several brokerages have recently weighed in on FCCY. Zacks Investment Research downgraded shares of 1st Constitution Bancorp (NJ) from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 25th. TheStreet downgraded shares of 1st Constitution Bancorp (NJ) from a “b” rating to a “c+” rating in a research report on Monday, April 24th. Finally, ValuEngine upgraded shares of 1st Constitution Bancorp (NJ) from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
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1st Constitution Bancorp (NJ) Company Profile
1st Constitution Bancorp is the bank holding company for 1st Constitution Bank (the Bank). The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. The Company operates through the Community Banking segment. The Community Banking segment consists of construction, commercial, retail and mortgage banking operations.
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