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NASDAQ:FMBH

First Mid Bancshares (FMBH) Stock Price, News & Analysis

First Mid Bancshares logo
$37.50 -0.40 (-1.06%)
(As of 05:26 PM ET)

About First Mid Bancshares Stock (NASDAQ:FMBH)

Key Stats

Today's Range
$37.16
$37.99
50-Day Range
$37.50
$43.25
52-Week Range
$28.86
$43.86
Volume
39,981 shs
Average Volume
58,461 shs
Market Capitalization
$896.70 million
P/E Ratio
11.54
Dividend Yield
2.56%
Price Target
$42.50
Consensus Rating
Moderate Buy

Company Overview

First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; employee benefit services for businesses; and farm management and brokerage services. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

First Mid Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
64th Percentile Overall Score

FMBH MarketRank™: 

First Mid Bancshares scored higher than 64% of companies evaluated by MarketBeat, and ranked 489th 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 Mid Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    First Mid Bancshares has only been the subject of 4 research reports in the past 90 days.

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

    Earnings for First Mid Bancshares are expected to grow by 0.88% in the coming year, from $3.41 to $3.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of First Mid Bancshares is 11.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of First Mid Bancshares is 11.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.97.

  • Price to Book Value per Share Ratio

    First Mid 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.

  • Percentage of Shares Shorted

    0.44% of the outstanding shares of First Mid Bancshares have been sold short.
  • Short Interest Ratio / Days to Cover

    First Mid Bancshares has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in First Mid Bancshares has recently decreased by 11.50%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    First Mid Bancshares pays a meaningful dividend of 2.53%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of First Mid Bancshares is 29.54%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, First Mid Bancshares will have a dividend payout ratio of 27.91% next year. This indicates that First Mid Bancshares will be able to sustain or increase its dividend.

  • Read more about First Mid Bancshares' dividend.
  • Percentage of Shares Shorted

    0.44% of the outstanding shares of First Mid Bancshares have been sold short.
  • Short Interest Ratio / Days to Cover

    First Mid Bancshares has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in First Mid Bancshares has recently decreased by 11.50%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    First Mid Bancshares has a news sentiment score of -0.12. 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 lower news sentiment than the 0.71 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for First Mid Bancshares this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, First Mid Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $31,996.00 in company stock.

  • Percentage Held by Insiders

    Only 5.20% of the stock of First Mid Bancshares is held by insiders.

  • Percentage Held by Institutions

    47.57% of the stock of First Mid Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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

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First Mid Bancshares downgraded to Neutral from Buy at DA Davidson
See More Headlines

FMBH Stock Analysis - Frequently Asked Questions

First Mid Bancshares' stock was trading at $34.66 at the start of the year. Since then, FMBH stock has increased by 8.2% and is now trading at $37.50.
View the best growth stocks for 2024 here
.

First Mid Bancshares, Inc. (NASDAQ:FMBH) issued its earnings results on Wednesday, October, 27th. The bank reported $1.08 EPS for the quarter, beating the consensus estimate of $0.91 by $0.17. The bank earned $61.86 million during the quarter, compared to the consensus estimate of $61.80 million. First Mid Bancshares had a trailing twelve-month return on equity of 10.38% and a net margin of 17.32%.

Top institutional investors of First Mid Bancshares include Geode Capital Management LLC (2.15%), State Street Corp (2.14%), Wellington Management Group LLP (1.62%) and The Manufacturers Life Insurance Company (0.93%). Insiders that own company stock include Clay M Dean, Bradley L Beesley, James Kyle Mccurry and Todd J James.
View institutional ownership trends
.

Shares of FMBH 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 Mid Bancshares investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 11/29 Dividend
11/14/2024
Dividend Payable
11/29/2024
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:FMBH
Fax
N/A
Employees
1,219
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.50
High Stock Price Target
$47.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+13.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$68.93 million
Pretax Margin
22.42%

Debt

Sales & Book Value

Annual Sales
$313.26 million
Cash Flow
$3.43 per share
Book Value
$33.27 per share

Miscellaneous

Free Float
22,071,000
Market Cap
$896.70 million
Optionable
Optionable
Beta
0.91
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This page (NASDAQ:FMBH) was last updated on 12/23/2024 by MarketBeat.com Staff
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