First United Corporation

Company Profile

First United Corporation had its IPO on 1992-09-08 under the ticker symbol FUNC.

The company operates in the Financial Services sector and Banks-Regional industry. First United Corporation has a staff strength of 298 employees.

Stock update

Shares of First United Corporation opened at $16.25 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.25 - $16.3, and closed at $16.25.

This is a -0.43% slip from the previous day's closing price.

A total volume of 1,363 shares were traded at the close of the day’s session.

In the last one week, shares of First United Corporation have slipped by -1.81%.

First United Corporation's Key Ratios

First United Corporation has a market cap of $109.53 million, indicating a price to book ratio of 0.9578 and a price to sales ratio of 1.6728.

In the last 12-months First United Corporation’s revenue was $77.08 million with a gross profit of $76.33 million and an EBITDA of $0. The EBITDA ratio measures First United Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First United Corporation’s operating margin was 40.55% while its return on assets stood at 1.23% with a return of equity of 15.76%.

In Q2, First United Corporation’s quarterly earnings growth was a negative -19.3% while revenue growth was a positive 3.3%.

First United Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

4.8142

PEG

0

Its diluted EPS in the last 12-months stands at $3.39 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First United Corporation’s profitability.

First United Corporation stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.6728.

First United Corporation stock pays annual dividends of $0.68 per share, indicating a yield of 4.93% and a payout ratio of 21.53%.

Balance sheet and cash flow metrics

Total Assets

$1.93 billion

Total Liabilities

$77.48 million

Operating Cash Flow

$-57339000.00

Capital Expenditure

$172000

Dividend Payout Ratio

21.53%

First United Corporation ended 2024 with $1.93 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.93 billion while shareholder equity stood at $155.16 million.

First United Corporation ended 2024 with $0 in deferred long-term liabilities, $77.48 million in other current liabilities, 67000.00 in common stock, $170.30 million in retained earnings and $0 in goodwill. Its cash balance stood at $88.55 million and cash and short-term investments were $208.64 million. The company’s total short-term debt was $50,078,000 while long-term debt stood at $110.93 million.

First United Corporation’s total current assets stands at $248.47 million while long-term investments were $350.84 million and short-term investments were $120.09 million. Its net receivables were $39.84 million compared to accounts payable of $27.40 million and inventory worth $0.

In 2024, First United Corporation's operating cash flow was $-57339000.00 while its capital expenditure stood at $172000.

Comparatively, First United Corporation paid $0.22 in dividends in 2024.

Other key metrics

Current Trading Price

$16.25

52-Week High

$20.2474

52-Week Low

$12.4059

Analyst Target Price

$25

First United Corporation stock is currently trading at $16.25 per share. It touched a 52-week high of $20.2474 and a 52-week low of $20.2474. Analysts tracking the stock have a 12-month average target price of $25.

Its 50-day moving average was $16.14 and 200-day moving average was $16.73 The short ratio stood at 1.57 indicating a short percent outstanding of 0%.

Around 795.5% of the company’s stock are held by insiders while 3451.6% are held by institutions.