First Bancorp stock hits all-time high at 62.32 USD By Investing.com

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First Bancorp’s stock has reached an all-time high of $62.32, surpassing its previous 52-week high and reflecting a 35.27% increase over the past year. This achievement is backed by strong market performance, a PEG ratio of 0.51, 39 consecutive years of dividend payments with a 1.51% yield, and optimistic analyst ratings with a price target of $68. Recent positive financial results, including strong fourth-quarter earnings and a dividend announcement, further bolster investor confidence.

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