Primis Financial (FRST) Stock Price, News & Analysis

Company Overview

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also provides commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. It operates full-service branches in Virginia and Maryland. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is based in McLean, Virginia.

Key Stats

• Today's Range: $9.59 to $9.72
• 50-Day Range: $9.61 to $11.61
• 52-Week Range: $9.52 to $13.52
• Volume: 72,462 shs
• Average Volume: 68,522 shs
• Market Capitalization: $237.59 million
• P/E Ratio: N/A
• Dividend Yield: 4.16%
• Price Target: $14.00
• Consensus Rating: Buy

Primis Financial Stock Analysis - MarketRank™

Primis Financial scored higher than 98% of companies evaluated by MarketBeat, and ranked 41st out of 955 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Primis Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Primis Financial has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 25.00%

Earnings Growth

Earnings for Primis Financial are expected to grow by 25.00% in the coming year, from $1.40 to $1.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Primis Financial is -32.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Primis Financial is -32.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Primis Financial has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.55% of the float of Primis Financial has been sold short.

Short Interest Ratio / Days to Cover

Primis Financial has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Primis Financial has recently increased by 31.45%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Primis Financial is a leading dividend payer. It pays a dividend yield of 4.02%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Primis Financial does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Primis Financial will have a dividend payout ratio of 22.86% next year. This indicates that Primis Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.60

Percentage of Shares Shorted

0.55% of the float of Primis Financial has been sold short.

Short Interest Ratio / Days to Cover

Primis Financial has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Primis Financial has recently increased by 31.45%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.95

News Sentiment

Primis Financial has a news sentiment score of 0.95. 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 2 news articles for Primis Financial this week, compared to 1 article on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Primis Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $122,058.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

10.89% of the stock of Primis Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

74.96% of the stock of Primis Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FRST Stock Analysis - Frequently Asked Questions

How have FRST shares performed this year?

Primis Financial's stock was trading at $11.66 at the start of the year. Since then, FRST stock has decreased by 17.6% and is now trading at $9.61.
View the best growth stocks for 2025 here.

How were Primis Financial's earnings last quarter?

Primis Financial Corp. (NASDAQ:FRST) announced its earnings results on Tuesday, January, 28th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.76. Primis Financial had a negative net margin of 2.97% and a negative trailing twelve-month return on equity of 2.05%.

How do I buy shares of Primis Financial?

Shares of FRST 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.

What other stocks do shareholders of Primis Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Primis Financial investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 1/28/2025
• Record date for 2/26 Dividend: 2/12/2025
• Ex-Dividend for 2/26 Dividend: 2/12/2025
• Dividend Payable: 2/26/2025
• Today: 4/01/2025
• Next Earnings (Estimated): 4/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FRST
• CIK: 1325670
• Web: www.primisbank.com
• Phone: (703) 893-7400
• Fax: 703-893-7488
• Employees: 420
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.00
• High Stock Price Target: $14.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +45.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.86
• P/E Growth: N/A
• Net Income: $-7,540,000.00
• Net Margins: -2.97%
• Pretax Margin: -4.63%
• Return on Equity: -2.05%
• Return on Assets: -0.20%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 0.99
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $147.43 million
• Price / Sales: 1.61
• Cash Flow: $1.53 per share
• Price / Cash Flow: 6.28
• Book Value: $16.11 per share
• Price / Book: 0.60

Miscellaneous

• Outstanding Shares: 24,723,000
• Free Float: 22,031,000
• Market Cap: $237.59 million
• Optionable: Optionable
• Beta: 0.78