First United Corp

First United Corp Stock Forecast & Price Prediction

Live First United Corp Stock (FUNC) Price
$36.06

1

Ratings

  • Buy 0
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$36.06

P/E Ratio

14.66

Volume Traded Today

$17,500

Dividend

$0.22

52 Week High/low

36.49/19.17

First United Corp Market Cap

$233.3M

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FUNC Summary

The First United Corp (FUNC) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered FUNC. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for FUNC is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

FUNC Analyst Ratings

FUNC is a stock in Financial Services which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from Raymond James and on the lower end FUNC is forecasted to be $ by from Raymond James.

FUNC stock forecast by analyst

These are the latest 20 analyst ratings of FUNC.

Analyst/Firm

Rating

Price Target

Change

Date

William Wallace
Raymond James

Outperform

$25

Maintains

Jul 7, 2022
William Wallace
Raymond James

Outperform

$28

Maintains

Apr 26, 2022
William Wallace
Raymond James

Outperform

$26

Maintains

Feb 8, 2022

Raymond James

Outperform


Initiates

May 27, 2021

FUNC Company Information

What They Do: Provides retail and commercial banking services.

Business Model: First United Corporation operates as a bank holding company, generating revenue through a diverse range of banking services including deposits, loans, and trust services. It makes money by charging interest on loans, fees for various banking services, and managing client assets through investment and trust services.

Other Information: Founded in 1900 and headquartered in Oakland, Maryland, the company serves both businesses and individuals, offering a wide array of financial products. Its comprehensive banking solutions cater to different customer needs, from personal trusts to treasury management, positioning it as a versatile player in the financial services sector.
FUNC
First United Corp (FUNC)

When did it IPO

1992

Staff Count

304

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Ms. Carissa L. Rodeheaver CPA, CFP

Market Cap

$233.3M

First United Corp (FUNC) Financial Data

In 2023, FUNC generated $71.3M in revenue, which was a decrease of -5.72% from the previous year. This can be seen as a signal that FUNC's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$67.3M

Revenue From 2021

$72.9M

8.38 %
From Previous Year

Revenue From 2022

$75.7M

3.77 %
From Previous Year

Revenue From 2023

$71.3M

-5.72 %
From Previous Year
  • Revenue TTM $71.0M
  • Operating Margin TTM 40.4%
  • Gross profit TTM $0
  • Return on assets TTM 0.8%
  • Return on equity TTM 9.8%
  • Profit Margin 22.7%
  • Book Value Per Share 26.90%
  • Market capitalisation $233.3M
  • Revenue for 2021 $72.9M
  • Revenue for 2022 $75.7M
  • Revenue for 2023 $71.3M
  • EPS this year (TTM) $2.46

First United Corp (FUNC) Latest News

News Image

Wed, 20 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - First United Corporation (NASDAQ: FUNC) declared a cash dividend of $0.22 per share, payable on February 3, 2025, to shareholders on record as of January 17, 2025.

Why It Matters - The dividend declaration indicates First United Corporation's financial health and commitment to returning capital to shareholders, potentially attracting investors seeking income.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - First United Corporation (NASDAQ: FUNC) announced its financial results for Q3 and the first nine months of 2024, as of September 30. Further details are forthcoming.

Why It Matters - First United Corporation's financial results can impact its stock price, investor confidence, and future growth prospects, influencing overall market sentiment toward the company.

News Image

Mon, 21 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First United Corporation (FUNC) reported Q3 earnings of $0.89 per share, exceeding the Zacks Consensus Estimate of $0.79 and up from $0.67 per share year-over-year.

Why It Matters - FUNC's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for continued investor confidence and stock price appreciation.

News Image

Fri, 11 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Six companies have an average dividend increase of 9%, with RPM International achieving nearly 11% and Dividend King status. All firms have a minimum of five years of dividend growth.

Why It Matters - The excerpt signals strong dividend growth potential in stable companies, enhancing attractiveness for income-focused investors seeking reliable returns and long-term value.

News Image

Wed, 02 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - First United Corporation (FUNC) is being evaluated for its potential as a strong dividend stock, which is a key benefit for shareholders.

Why It Matters - First United Corporation's potential as a dividend stock could attract income-focused investors, impacting its stock price and market perception.

News Image

Tue, 01 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Honeywell International, Accenture, City Holding Company, and First United have all announced increases in their dividend payouts.

Why It Matters - Dividend hikes signal strong financial health and commitment to returning value to shareholders, potentially boosting investor confidence and stock prices for these companies.

...

FUNC Frequently asked questions

The highest forecasted price for FUNC is $ from at Raymond James.

The lowest forecasted price for FUNC is $ from from Raymond James

The FUNC analyst ratings consensus are 0 buy ratings, 1 hold ratings, and 0 sell ratings.