First BanCorp. New (FBP) Dividends
Dividend Yield and Dividend History Highlights
- Regarding free cash flow variation: FBP reports less variability in its cash flow than 97.32% of dividend stocks in our set.
- In terms of debt burden relative to earnings, FBP has an EBITDA to net debt ratio of 234,063,000, ranking above 92.12% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- As for stocks whose price is uncorrelated with FBP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CPAC, UIHC, SLP, ZYXI and WING.
FBP Price Forecast Based on Dividend Discount Model
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The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for FBP, the DDM model generated by StockNews estimates a return of negative 66.99% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for First Bancorp are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, First Bancorp's expected return of -66.99% is higher than merely 18.7% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, First Bancorp bears a discount rate, according to our calculations, lower than merely 18.7% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta tells us how volatile a stock's price is relative to the broader equity index; for First Bancorp, its beta is lower than 6.4% of dividend issuing stocks we observed.
FBP Dividend Chart
FBP Dividend History
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