FIRST REPUBLIC BANK/CA (FRC) Forecast, Price Target & Analyst Ratings
NYSE:FRC • US33616C1009
3.51 USD
-2.68 (-43.3%)
At close: Apr 28, 2023
3.375 USD
-0.13 (-3.85%)
Pre-Market: 5/1/2023, 9:12:28 AM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FIRST REPUBLIC BANK/CA (FRC).
Forecast Snapshot
Consensus Price Target
$54.37
+ 1,448.89% Upside
Next Earnings Forecast
Release DateJul 12, 2023
PeriodQ2 / 2023
EPS Estimate-$0.05
Revenue Estimate795.55M
ChartMill Buy Consensus
48.00%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$54.37
Upside
+ 1,448.89%
From current price of $3.51 to mean target of $54.37, Based on 20 analyst forecasts
Low
$8.08
Median
$21.42
High
$155.40
Price Target Revisions
1 Month
-50.19%
3 Months
-62.27%
Price Target Summary
20 analysts have analysed FRC and the average price target is 54.37 USD. This implies a price increase of 1448.89% is expected in the next year compared to the current price of 3.51.
The average price target has been revised downward by 62.27% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
48.00%
FRC was analyzed by 20 analysts. The buy percentage consensus is at 48. So analysts seem to be rather neutral about FRC.
In the last month the buy percentage fell by 22 points. So the trust of analysts is decreasing.
FRC was analyzed by 20 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-04-26 | Credit Suisse | Maintains | Neutral |
| 2023-04-26 | Maxim Group | Downgrade | Buy -> Hold |
| 2023-04-25 | Janney Montgomery Scott | Downgrade | Neutral -> Sell |
| 2023-04-25 | Barclays | Maintains | Equal-Weight |
| 2023-04-25 | Wedbush | Maintains | Neutral |
| 2023-04-25 | Piper Sandler | Maintains | Neutral |
| 2023-04-12 | Barclays | Maintains | Equal-Weight |
| 2023-04-10 | Wedbush | Maintains | Neutral |
| 2023-04-05 | Wells Fargo | Maintains | Equal-Weight |
| 2023-03-17 | Atlantic Equities | Downgrade | Overweight -> Neutral |
| 2023-03-17 | Wedbush | Downgrade | Outperform -> Neutral |
| 2023-03-14 | Stephens & Co. | Reiterate | Overweight |
| 2023-03-13 | Wolfe Research | Downgrade | Outperform -> Peer Perform |
| 2023-03-13 | Compass Point | Downgrade | Buy -> Neutral |
| 2023-03-13 | Raymond James | Downgrade | Strong Buy -> Market Perform |
| 2023-02-08 | Piper Sandler | Maintains | Neutral |
| 2023-01-17 | Raymond James | Maintains | Strong Buy |
| 2023-01-17 | Morgan Stanley | Maintains | Underweight |
| 2023-01-05 | Goldman Sachs | Upgrade | Neutral -> Buy |
| 2023-01-03 | Barclays | Maintains | Equal-Weight |
| 2022-12-15 | Wells Fargo | Upgrade | Underweight -> Equal-Weight |
| 2022-12-14 | Sterne Agee | Maintains | Overweight |
| 2022-12-13 | JP Morgan | Maintains | Overweight |
| 2022-12-06 | Morgan Stanley | Downgrade | Equal-Weight -> Underweight |
| 2022-11-10 | Wells Fargo | Maintains | Underweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateJul 12, 2023
PeriodQ2 / 2023
EPS Estimate-$0.05
Revenue Estimate795.55M
Revenue Q2Q-47.28%
EPS Q2Q-102.33%
Number of Analysts16
Next Earnings Revisions
Revenue (1 Month)
-22.08%
Revenue (3 Months)
-43.34%
EPS (1 Month)
-107.84%
EPS (3 Months)
-103.54%
Next Earnings Summary
FRC is expected to report earnings on 7/12/2023. The consensus EPS estimate for the next earnings is -0.05 USD and the consensus revenue estimate is 795.55M USD.
The next earnings revenue estimate has been revised downward by 43.34% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 3.918B 17.26% | 5.034B 28.48% | 5.865B 16.51% | 3.64B -37.94% | 4.667B 28.21% | 5.913B 26.70% | 4.758B -19.53% | 8.854B 86.09% | 9.786B 10.53% | 10.515B 7.45% | 11.326B 7.71% | |
| EBITDA YoY % growth | N/A | N/A | N/A | N/A | N/A | 3.161B | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | N/A 18.58% | N/A 34.12% | N/A 17.45% | 1.934B -16.71% | 2.483B 28.39% | 3.122B 25.73% | 2.63B -15.76% | 3.034B 15.36% | 3.034B | 3.352B 10.48% | 3.521B 5.04% | |
| Operating Margin | N/A | N/A | N/A | 53.13% | 53.20% | 52.80% | 55.28% | 34.27% | 31.00% | 31.88% | 31.09% | |
| EPS YoY % growth | 5.81 11.73% | 7.56 30.12% | 8.25 9.13% | 1.15 -86.04% | 2.55 121.73% | 2.93 14.85% | 3.01 2.64% | 10.16 237.58% | 11.28 11.03% | 11.86 5.10% | 12.64 6.56% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 23 | Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.05 -102.33% | -0.01 -100.38% | 0.17 -90.79% | 0.29 -76.12% | 0.55 1,187.91% | 0.78 9,523.51% | 1.00 479.18% |
| Revenue Q2Q % growth | 795.55M -47.28% | 815.75M -46.44% | 836.67M -41.78% | 1.007B -16.71% | 1.093B 37.39% | 1.187B 45.51% | 1.283B 53.35% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 56.436M -90.27% | 95.851M -84.66% | 96.275M -82.31% | -53.53M -117.54% | -55.55M -198.43% | -53.53M -155.85% | -57.57M -159.80% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
-29.16%
EPS Next 5 Year
4.25%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-0.07%
Revenue Next 5 Year
8.36%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
10.83%
EBIT Next 5 Year
N/A
FIRST REPUBLIC BANK/CA / FRC Forecast FAQ
What do analysts expect the price target to be for FIRST REPUBLIC BANK/CA (FRC)?
20 analysts have analysed FRC and the average price target is 54.37 USD. This implies a price increase of 1448.89% is expected in the next year compared to the current price of 3.51.
Can you provide the upcoming earnings date for FIRST REPUBLIC BANK/CA?
FIRST REPUBLIC BANK/CA (FRC) will report earnings on 2023-07-12, before the market open.
What are the consensus estimates for FRC stock next earnings?
The consensus EPS estimate for the next earnings of FIRST REPUBLIC BANK/CA (FRC) is -0.05 USD and the consensus revenue estimate is 795.55M USD.
How do analysts rate FIRST REPUBLIC BANK/CA (FRC)?
The consensus rating for FIRST REPUBLIC BANK/CA (FRC) is 48 / 100 . This indicates that analysts generally have a neutral outlook on the stock.