During the last session, First Financial Bancorp (NASDAQ:FFBC)’s traded shares were 0.7 million, with the beta value of the company hitting 0.96. At the end of the trading day, the stock’s price was $23.15, reflecting an intraday loss of -0.26% or -$0.06. The 52-week high for the FFBC share is $31.18, that puts it down -34.69 from that peak though still a striking 9.76% gain since the share price plummeted to a 52-week low of $20.89. The company’s market capitalization is $2.22B, and the average intraday trading volume over the past 10 days was 0.35 million shares, and the average trade volume was 408.36K shares over the past three months.

First Financial Bancorp (FFBC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.67. FFBC has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

First Financial Bancorp (NASDAQ:FFBC) trade information

First Financial Bancorp (FFBC) registered a -0.26% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.26% in intraday trading to $23.15, hitting a weekly high. The stock’s 5-day price performance is -3.10%, and it has moved by -6.99% in 30 days. Based on these gigs, the overall price performance for the year is 9.40%. The short interest in First Financial Bancorp (NASDAQ:FFBC) is 1.35 million shares and it means that shorts have 4.45 day(s) to cover.

The consensus price target of analysts on Wall Street is $25, which implies an increase of 7.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25 and $25 respectively. As a result, FFBC is trading at a discount of -7.99% off the target high and -7.99% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 3.66%. While earnings are projected to return 7.85% in 2025.

FFBC Dividends

First Financial Bancorp is due to release its next quarterly earnings on 2025-Apr-24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for First Financial Bancorp is 0.96, with the dividend yield indicating at 4.15 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.29%.

First Financial Bancorp (NASDAQ:FFBC)’s Major holders

First Financial Bancorp insiders own 1.11% of total outstanding shares while institutional holders control 81.17%, with the float percentage being 82.08%. BLACKROCK INC. is the largest shareholder of the company, while 386.0 institutions own stock in it. As of 2024-06-30, the company held over 13.86 million shares (or 14.6729% of all shares), a total value of $307.9 million in shares.

The next largest institutional holding, with 10.83 million shares, is of VANGUARD GROUP INC’s that is approximately 11.4663% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $240.61 million.