First Guaranty Bancshares (FGBI) Stock Price, News & Analysis

Company Overview

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

Key Stats

• Today's Range: $10.24 to $10.56
• 50-Day Range: $10.04 to $11.02
• 52-Week Range: $8.39 to $13.32
• Volume: 12,239 shs
• Average Volume: 10,186 shs
• Market Capitalization: $129.43 million
• P/E Ratio: 12.47
• Dividend Yield: 3.09%
• Price Target: $9.50
• Consensus Rating: Sell

First Guaranty Bancshares Stock Analysis - MarketRank™

First Guaranty Bancshares scored higher than 85% of companies evaluated by MarketBeat, and ranked 252nd out of 910 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.5 / 5
• Analyst Rating: Sell

Consensus Rating

First Guaranty Bancshares has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

First Guaranty Bancshares has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -1.19%

Earnings Growth

Earnings for First Guaranty Bancshares are expected to decrease by -1.19% in the coming year, from $0.84 to $0.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Guaranty Bancshares is 12.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Guaranty Bancshares is 12.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.03.

Price to Book Value per Share Ratio

First Guaranty Bancshares has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.14% of the float of First Guaranty Bancshares has been sold short.

Short Interest Ratio / Days to Cover

First Guaranty Bancshares has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Guaranty Bancshares has recently decreased by 30.83%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

First Guaranty Bancshares pays a meaningful dividend of 3.06%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of First Guaranty Bancshares is 65.31%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Guaranty Bancshares will have a dividend payout ratio of 38.55% next year. This indicates that First Guaranty Bancshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.71

Percentage of Shares Shorted

0.14% of the float of First Guaranty Bancshares has been sold short.

Short Interest Ratio / Days to Cover

First Guaranty Bancshares has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Guaranty Bancshares has recently decreased by 30.83%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: N/A

News Sentiment

First Guaranty Bancshares has a news sentiment score of 1.27. 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 is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for First Guaranty Bancshares this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for FGBI on MarketBeat in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, First Guaranty Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,370.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

46.40% of the stock of First Guaranty Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.52% of the stock of First Guaranty Bancshares is held by institutions.

FGBI Stock Analysis - Frequently Asked Questions

How have FGBI shares performed this year?

First Guaranty Bancshares' stock was trading at $11.12 at the beginning of the year. Since then, FGBI stock has decreased by 6.9% and is now trading at $10.35.
View the best growth stocks for 2024 here.

How were First Guaranty Bancshares' earnings last quarter?

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) posted its quarterly earnings data on Tuesday, July, 23rd. The bank reported $0.53 EPS for the quarter, beating the consensus estimate of $0.20 by $0.33. The bank earned $36.77 million during the quarter, compared to the consensus estimate of $24.86 million. First Guaranty Bancshares had a net margin of 5.53% and a trailing twelve-month return on equity of 5.84%.

When did First Guaranty Bancshares IPO?

First Guaranty Bancshares (FGBI) raised $92 million in an initial public offering (IPO) on Friday, December 19th 2014. The company issued 4,600,000 shares at a price of $19.00-$21.00 per share. Raymond James served as the underwriter for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and Sterne Agee were co-managers.

How do I buy shares of First Guaranty Bancshares?

Shares of FGBI 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.

What other stocks do shareholders of First Guaranty Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Guaranty Bancshares investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), Meta Platforms (META), M&T Bank (MTB), Occidental Petroleum (OXY), Pfizer (PFE) and Piper Sandler Companies (PIPR).

Company Calendar

• Last Earnings: 7/23/2024
• Ex-Dividend for 9/30 Dividend: 9/20/2024
• Dividend Payable: 9/30/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Federal savings institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FGBI
• CUSIP: N/A
• CIK: 1408534
• Web: www.fgb.net
• Phone: (985) 345-7685
• Fax: 985-375-0355
• Employees: 490
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $9.50
• Low Stock Price Target: $9.50
• Potential Upside/Downside: -8.2%
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 12.47
• Forward P/E Ratio: 12.32
• P/E Growth: N/A
• Net Income: $9.22 million
• Net Margins: 5.53%
• Pretax Margin: 7.16%
• Return on Equity: 5.84%
• Return on Assets: 0.36%

Debt

• Debt-to-Equity Ratio: 1.01
• Current Ratio: 1.00
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $105.76 million
• Price / Sales: 1.22
• Cash Flow: $1.22 per share
• Price / Cash Flow: 8.50
• Book Value: $18.95 per share
• Price / Book: 0.55

Miscellaneous

• Outstanding Shares: 12,505,000
• Free Float: 6,703,000
• Market Cap: $129.43 million
• Optionable: Not Optionable
• Beta: 0.30