Ameris Bancorp (NASDAQ:ABCB) Given a $81.00 Price Target at DA Davidson

Key Points

• Analysts at DA Davidson raised the price target for Ameris Bancorp (NASDAQ:ABCB) from $78.00 to $81.00, indicating a potential upside of 15.65% from its current price.
• Ameris Bancorp's latest earnings report showed an EPS of $1.28, exceeding analysts' estimates of $1.12, with quarterly revenue increasing by 7% compared to the same period last year.
• Over 91% of Ameris Bancorp's stock is held by institutional investors, reflecting strong confidence among major stakeholders in the company's performance.

Ameris Bancorp (NASDAQ:ABCB - Get Free Report) has been assigned a $81.00 price objective by analysts at DA Davidson in a research note issued to investors on Wednesday, July 30th, MarketBeat.com reports. The brokerage presently has a "buy" rating on the bank's stock. DA Davidson's price target indicates a potential upside of 20.55% from the company's current price. DA Davidson also issued estimates for Ameris Bancorp's Q3 2025 earnings at $1.49 EPS, FY2025 earnings at $5.85 EPS and FY2026 earnings at $6.10 EPS.

Several other equities research analysts have also recently weighed in on ABCB. Piper Sandler initiated coverage on shares of Ameris Bancorp in a research note on Friday, April 4th. They issued an "overweight" rating and a $74.00 target price for the company. Stephens reiterated an "equal weight" rating and issued a $63.00 target price on shares of Ameris Bancorp in a research note on Tuesday, April 29th. Piper Sandler Companies increased their target price on shares of Ameris Bancorp to $74.00 and gave the company a "buy" rating in a research note on Monday, April 7th. Finally, Raymond James Financial reduced their target price on shares of Ameris Bancorp from $71.00 to $65.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $72.14.

Ameris Bancorp Stock Up 0.9%

NASDAQ ABCB opened at $67.19 on Wednesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.00 and a current ratio of 1.02. The firm has a 50-day simple moving average of $64.67 and a 200 day simple moving average of $61.74. Ameris Bancorp has a twelve month low of $48.27 and a twelve month high of $74.56. The stock has a market cap of $4.63 billion, a PE ratio of 12.90 and a beta of 0.96.

Institutional Investors Weigh In On Ameris Bancorp

A number of institutional investors have recently added to or reduced their stakes in ABCB. Nuveen LLC acquired a new stake in Ameris Bancorp during the first quarter valued at approximately $56,202,000. Norges Bank acquired a new position in shares of Ameris Bancorp in the 4th quarter worth approximately $48,380,000. FJ Capital Management LLC boosted its holdings in shares of Ameris Bancorp by 311.3% in the 1st quarter. FJ Capital Management LLC now owns 785,288 shares of the bank's stock worth $45,209,000 after acquiring an additional 594,340 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Ameris Bancorp by 36.2% in the 1st quarter. American Century Companies Inc. now owns 1,875,194 shares of the bank's stock worth $107,955,000 after acquiring an additional 498,604 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Ameris Bancorp in the 2nd quarter worth approximately $21,850,000. 91.64% of the stock is owned by institutional investors and hedge funds.

About Ameris Bancorp

Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers. It operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. The company offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts.