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

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

First Capital Stock Down 0.4 %

FCAP opened at $36.50 on Friday. The stock has a market cap of $122.38 million, a price-to-earnings ratio of 10.22 and a beta of 0.63. First Capital has a fifty-two week low of $22.95 and a fifty-two week high of $38.00. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.67 and a current ratio of 0.68. The firm’s fifty day moving average is $31.93 and its 200 day moving average is $30.10.

First Capital (NASDAQ:FCAP) last announced its quarterly earnings results on Friday, July 26th. The savings and loans company reported $0.85 EPS for the quarter. First Capital had a net margin of 22.04% and a return on equity of 11.78%. The business had revenue of $10.68 million for the quarter.

First Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 3.18%. This is an increase from First Capital’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, September 13th. First Capital’s dividend payout ratio is presently 32.49%.

Insiders Place Their Bets

In other First Capital news, Director John Shireman purchased 1,000 shares of the stock in a transaction dated Friday, August 2nd. The stock was purchased at an average price of $31.93 per share, with a total value of $31,930.00. Following the transaction, the director now owns 1,000 shares of the company’s stock, valued at $31,930. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 4.39% of the company’s stock.

Institutional Investors Weigh In On First Capital

An institutional investor recently bought a new position in First Capital stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of First Capital, Inc. (NASDAQ:FCAP) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,123 shares of the savings and loans company’s stock, valued at approximately $34,000. Hedge funds and other institutional investors own 11.65% of the company’s stock.

First Capital Company Profile

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.