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NASDAQ:FBMS

First Bancshares (FBMS) Stock Price, News & Analysis

First Bancshares logo
$34.54 +0.61 (+1.80%)
(As of 12/20/2024 04:33 PM ET)

About First Bancshares Stock (NASDAQ:FBMS)

Key Stats

Today's Range
$33.49
$35.11
50-Day Range
$31.97
$38.26
52-Week Range
$22.96
$39.08
Volume
759,240 shs
Average Volume
186,349 shs
Market Capitalization
$1.08 billion
P/E Ratio
15.63
Dividend Yield
2.90%
Price Target
$37.17
Consensus Rating
Moderate Buy

Company Overview

The First Bancshares, Inc. operates as the bank holding company for The First Bank that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. The company also provides commercial loans comprising secured and unsecured loans for working capital, business expansion, and purchase of equipment and machinery; consumer loans consisting of equity lines of credit, as well as secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; and real estate construction and acquisition loans. In addition, it originates loans to purchase existing residential homes, construct new homes, and to refinance existing mortgages; and provides financial and wealth management services. Further, the company offers online internet banking services, automated teller machines, voice response telephone inquiry services, commercial sweep accounts, cash management services, safe deposit boxes, merchant services, mobile deposit, direct deposit of payroll and social security checks, automatic drafts for various accounts, and credit card services. It serves small to medium-sized businesses, professional concerns, individuals, associations, organizations, and governmental authorities. The company operates full-service banking and financial service offices, motor bank facility, and loan production offices in Mississippi, Alabama, Florida, Georgia, and Louisiana. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.

First Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
31st Percentile Overall Score

FBMS MarketRank™: 

First Bancshares scored higher than 31% of companies evaluated by MarketBeat, and ranked 789th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    First Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    First Bancshares has only been the subject of 2 research reports in the past 90 days.

  • Read more about First Bancshares' stock forecast and price target.
  • Earnings Growth

    Earnings for First Bancshares are expected to grow by 6.27% in the coming year, from $2.55 to $2.71 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of First Bancshares is 15.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of First Bancshares is 15.63, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.71.

  • Price to Book Value per Share Ratio

    First Bancshares has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for FBMS.
  • Dividend Yield

    First Bancshares pays a meaningful dividend of 2.77%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    First Bancshares does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of First Bancshares is 45.25%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, First Bancshares will have a dividend payout ratio of 36.90% next year. This indicates that First Bancshares will be able to sustain or increase its dividend.

  • Read more about First Bancshares' dividend.
  • Short Interest

    There is no current short interest data available for FBMS.
  • News Sentiment

    First Bancshares has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for First Bancshares this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, First Bancshares insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.47% of the stock of First Bancshares is held by insiders.

  • Percentage Held by Institutions

    69.95% of the stock of First Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about First Bancshares' insider trading history.
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FBMS Stock News Headlines

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Business First Bancshares Reports Strong Q3 2024 Results
See More Headlines

FBMS Stock Analysis - Frequently Asked Questions

First Bancshares' stock was trading at $29.33 at the beginning of the year. Since then, FBMS shares have increased by 17.8% and is now trading at $34.54.
View the best growth stocks for 2024 here
.

The First Bancshares, Inc. (NASDAQ:FBMS) released its earnings results on Wednesday, July, 24th. The bank reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.02. The bank earned $104.35 million during the quarter, compared to analysts' expectations of $70.40 million. First Bancshares had a trailing twelve-month return on equity of 8.19% and a net margin of 17.25%.

First Bancshares' top institutional shareholders include Lord Abbett & CO. LLC (5.61%), State Street Corp (3.11%), Charles Schwab Investment Management Inc. (2.88%) and Geode Capital Management LLC (2.16%). Insiders that own company stock include Diana Renee Moore and Ted E Parker.
View institutional ownership trends
.

Shares of FBMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that First Bancshares investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Visa (V).

Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 11/22 Dividend
11/08/2024
Dividend Payable
11/22/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:FBMS
Employees
1,078
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.17
High Stock Price Target
$45.00
Low Stock Price Target
$32.50
Potential Upside/Downside
+7.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$75.46 million
Pretax Margin
22.23%

Debt

Sales & Book Value

Annual Sales
$267.28 million
Cash Flow
$3.15 per share
Book Value
$30.52 per share

Miscellaneous

Free Float
30,116,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
0.93

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This page (NASDAQ:FBMS) was last updated on 12/21/2024 by MarketBeat.com Staff
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