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

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

First Capital Stock Performance

Shares of NASDAQ FCAP opened at $31.07 on Friday. First Capital has a 12 month low of $24.40 and a 12 month high of $38.00. The company has a market cap of $104.08 million, a P/E ratio of 8.80 and a beta of 0.63. The business’s 50 day moving average is $34.95 and its two-hundred day moving average is $32.15. 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 (NASDAQ:FCAP) last announced its quarterly earnings data on Friday, October 25th. The savings and loans company reported $0.87 earnings per share (EPS) for the quarter. The business had revenue of $10.93 million for the quarter. First Capital had a net margin of 20.87% and a return on equity of 10.82%.

First Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date is Friday, December 13th. First Capital’s dividend payout ratio is currently 32.86%.

Institutional Investors Weigh In On First Capital

A number of institutional investors have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of First Capital in the 2nd quarter worth approximately $34,000. Empowered Funds LLC raised its stake in shares of First Capital by 5.0% in the third quarter. Empowered Funds LLC now owns 14,030 shares of the savings and loans company’s stock valued at $490,000 after purchasing an additional 670 shares in the last quarter. Geode Capital Management LLC lifted its position in 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 worth $1,248,000 after purchasing an additional 1,520 shares during the period. Finally, Siena Capital Partners GP LLC lifted its position 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 purchasing an additional 15,277 shares during the period. 11.65% of the stock is owned by institutional investors and hedge funds.

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.