Primis Financial (FRST) to Release Earnings on Tuesday

Primis Financial (NASDAQ:FRST - Get Free Report) is projected to issue its quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $26.90 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Primis Financial (NASDAQ:FRST - Get Free Report) last released its earnings results on Tuesday, January 28th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.76). Primis Financial had a negative net margin of 2.97% and a negative return on equity of 2.05%. On average, analysts expect Primis Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Primis Financial Stock Performance

Shares of FRST traded down $0.04 during mid-day trading on Friday, hitting $8.17. The company's stock had a trading volume of 51,532 shares, compared to its average volume of 71,093. The stock's 50-day moving average is $9.71 and its two-hundred day moving average is $11.04. The firm has a market capitalization of $201.99 million, a PE ratio of -27.23 and a beta of 0.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.86 and a current ratio of 0.99. Primis Financial has a one year low of $7.75 and a one year high of $13.52.

Primis Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.40 annualized dividend and a yield of 4.90%. Primis Financial's dividend payout ratio is -133.33%.

Insider Activity

In other news, Director John Fitzgerald Biagas bought 10,000 shares of Primis Financial stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average cost of $9.97 per share, with a total value of $99,700.00. Following the completion of the transaction, the director now directly owns 88,469 shares in the company, valued at $882,035.93. This trade represents a 12.74 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders purchased 12,025 shares of company stock valued at $122,058. Insiders own 10.89% of the company's stock.

About Primis Financial

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.