Equities research analysts predict that First Community Co. (NASDAQ:FCCO) will announce earnings per share (EPS) of $0.31 for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for First Community’s earnings, with estimates ranging from $0.29 to $0.33. First Community posted earnings of $0.26 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 19.2%. The firm is expected to report its next earnings report on Wednesday, April 18th.

On average, analysts expect that First Community will report full year earnings of $1.41 per share for the current year, with EPS estimates ranging from $1.40 to $1.41. For the next year, analysts anticipate that the company will report earnings of $1.55 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow First Community.

Several research firms have recently commented on FCCO. Zacks Investment Research lowered First Community from a “hold” rating to a “sell” rating in a research note on Friday, October 6th. FIG Partners lowered First Community from an “outperform” rating to a “market-perform” rating in a research note on Monday. Finally, ValuEngine lowered First Community from a “buy” rating to a “hold” rating in a research note on Friday, October 20th.

A number of hedge funds have recently modified their holdings of FCCO. Stifel Financial Corp increased its stake in First Community by 2.1% in the 2nd quarter. Stifel Financial Corp now owns 19,312 shares of the bank’s stock worth $406,000 after buying an additional 406 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in First Community in the 2nd quarter worth $1,141,000. The Manufacturers Life Insurance Company increased its stake in First Community by 2.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 390,962 shares of the bank’s stock worth $8,210,000 after buying an additional 7,919 shares in the last quarter. Finally, Independent Advisor Alliance purchased a new stake in First Community in the 3rd quarter worth $904,000. Institutional investors and hedge funds own 47.87% of the company’s stock.

First Community (NASDAQ:FCCO) traded up $0.80 during trading hours on Tuesday, hitting $22.55. The stock had a trading volume of 1,959 shares, compared to its average volume of 11,113. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.76 and a quick ratio of 0.75. The stock has a market cap of $151.23, a price-to-earnings ratio of 26.53 and a beta of 0.86. First Community has a 52-week low of $18.50 and a 52-week high of $24.87.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.77%. This is a positive change from First Community’s previous quarterly dividend of $0.09. The ex-dividend date is Wednesday, January 31st. First Community’s dividend payout ratio is 42.35%.

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About First Community

First Community Corporation is a bank holding company for First Community Bank (the Bank). The Bank offers commercial and retail banking services to small-to-medium sized businesses, professional concerns and individuals, primarily in Richland, Lexington, Kershaw and Newberry Counties of South Carolina and the surrounding areas.

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